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Stuy Town air rights deal a key piece of housing puzzle
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By Sabina Mollot Blackstone’s $5.3 billion purchase of the sprawling Stuy Town apartment complex also bought the firm a jumbo 700,000 s/f of air
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Joe Sitt picks up another Soho property
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Joe Sitt’s Thor Equities has picked up another Soho property. The company announced this morning that it has acquired the ground floor of 31 Greene
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Edison Properties converts its debt on Lower East Side apartment building
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Commercial lending and advisory company Greystone has closed a $75,000,000 Fannie Mae loan made to an affiliate of Edison Properties for The Ludlow on
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Life-changing moment for veterans in the Bronx
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On a dreary Thursday morning last week, Ron Abad and the staff at Urban Pathways, as well as members of the community and media, attended a ribbon-cutting
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Blackstone launches Stuy-Town management company; CompassRock loses second contract
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Three months after taking over the property, Blackstone has announced the name of its own recently formed management company that will handle the day-to-day
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Starbucks lands long-term lease at N.J. drive-thru location
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The Goldstein Group, a provider of retail real estate services in New Jersey, announced it has arranged a long-term lease for Starbucks in Ridgewood New
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Chera signs master lease for former Capital One building in Queens
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Ralph Chera’s Chera Realty Group has signed a master lease for the former Capital One Bank building on Jamaica Avenue in Queens. Photo by Eric Hauser/
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Retiring NYBC president Richard Anderson puts the years in perspective
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In 1994, Rudy Giuliani had just beaten incumbent New York City Mayor David Dinkins, unemployment was at over 13 percent and Staten Island was threatening
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Airbnb buys Greystar backed apartment platform
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Airbnb has acquired Urbandoorwe, a global online marketplace where professionals can find furnished and serviced apartments for extended business trips
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Best Buy leases 725,000 s/f building in Rockefeller Group’s New Jersey Logistics Center
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Best Buy is the first tenant to lease space inside the Rockefeller Group’s 228-acre distribution complex in New Jersey. Once finished, the electronics
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Prudential Douglas Elliman appoints Stephen Kotler as Chief Operating Officer
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Prudential Douglas Elliman has appointed Stephen Kotler as its Chief Operating Officer. Kotler brings over 25 years of industry experience to this new
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Cronheim secures loan for airport hotel
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Cronheim Hotel Capital (CHC) has secured financing for the acquisition and repositioning of the Westin at BWI Airport. The non-recourse bridge loan funded