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Goldman Sachs antes up $61M for Hudson Yards homeless venture
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Covenant House, a not-for-profit organization serving homeless youth, announced a $61 million mortgage loan from Goldman Sachs Urban Investment Group to
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Selling points: Investor drawn to Queens apartments, Highcap arranges hotel play
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Rosewood Realty Investors drawn to Queens apartment hubs A Queens investor purchased a pair of contiguous rental buildings at 71-05 and 71-11 37th Avenue
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COVID claims another retail victim as Dunkin’ plans closures
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Dunkin Donuts could close over 1,000 locations as part of a “real estate portfolio rationalization.” The company announced that 800 Dunkin’
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BOMA New York Holiday Luncheon
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Completing a year of producing record-setting events, the Building Owners & Managers Association of New York entertained close to 900 commercial real
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Stuyvesant Town tenants file lawsuit against Blackstone
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Stuyvesant Town-Peter Cooper Village Tenants Association President Susan Steinberg with elected officials and neighbors By Maria Rocha-Buschel The Stuyvesant
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Boston Properties, Rudin secure $250M construction loan for Dock 72 development
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A joint venture between affiliates of Boston Properties and Rudin Development has closed on a $250 million construction loan for Dock 72, the 16-story
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Soho retail package; Staten Island strip among the week’s middle markets sales and exclusives
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●CUSHMAN & WAKEFIELD Hudson Co. closes on $50M Bergen Beach portfolio The Hudson Companies has closed on its $50 million purchase of a six-building
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Avison Young arranges first crowdfunded commercial construction loan
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Fundrise, the country’s first platform for online real estate investment, announced that it has provided Birtcher Anderson Realty $3.1 million in construction
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Merchants makes $66M commitment to senior housing
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Mortgage banking company Merchants Capital has structured $66 million in permanent financing for Goddard Riverside Community Center’s Phelps House, a 169-unit
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RETAIL ROUNDUP: Chris DeCrosta to lease One Hanson; Resnick welcomes Westside Market
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● MADISON REALTY CAPITAL MRC reintroduces One Hanson retail Madison Realty Capital (MRC) has tapped Chris DeCrosta as the exclusive leasing agent for the
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How the next generation is changing the apartment market
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The generation that’s been plugged into iphones and internet their entire life is turning the apartment market on its head with their socially conscious
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NEW DEVELOPMENT: Work starts on LIC rental
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● JMH Development, Mettle Property GroUPWork starts on LIC rental Construction is underway at 36-20 Steinway Street in Long Island City, which is being