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SELLING POINTS: Dermot pays $75M for The Kestrel; Orbach offloads UWS  portfolio
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● HFF / SAVILLS STUDLEY Dermot pays $74M for luxury Brooklyn building The Dermot Company has bought The Kestrel, an eight-story, 126-unit luxury multi-housing
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German owners primed to polish up Columbus Circle gem
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GLL Real Estate Partners is gearing up to get its 4 Columbus Circle back in the Class A game. The global fund management company just collapsed a decades-old
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SELLING POINTS: Time Equities buys CT tech center; Former Toys R Us corporate complex sold
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● CBRE Time Equities planning Industry City in Connecticut Time Equities has bought the Bridgeport Trade and Technology Center in Bridgeport, CT, for $13.
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Everyone is a retail real estate expert
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By Kelly Gedinsky, SCG Retail As the year comes to a close and the New York ICSC is upon us, it is a fascinating time to be a retail broker.
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JLL secures financing for 220-unit multifamily development in NJ
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Englewood Circle, scheduled for completion in 2020 JLL announces that it has arranged an undisclosed amount of financing for the development of Englewood
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REBNY’s John Banks talks affordable housing, Midtown and his first year on the job
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John Banks will round one of the final corners of his inaugural year as REBNY president when the leaders of the city’s surging real estate industry congregate
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HSP closes on $53M bridge loan for Penn Plaza office building
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251 West 30th Street JLL arranged a $53 million bridge loan for Chelsea Square, a 113,629- s/f boutique office property in the Penn Plaza submarket of Manhattan.
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Meatpacking District office tower 860 Washington now complete
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Property Group Partners and Romanoff Equities, co-developers of 860 Washington, along with designer James Carpenter Design Associates (JCDA), announced
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Stellar taps RKF to lease Greenpoint retail
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Stellar Management has named RKF, a Newmark company, as the exclusive retail leasing agent for OTTO Greenpoint, the developer’s eight-story residential
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Brookfield begins $4.5B Manhattan West project
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By Orlando Lee Rodriguez Manhattan West Outdoor Plaza rendering As midtown marches west, a key engine piston driving change, began constructing the first
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LEASES: ABS welcomes five firms to Midtown South; Simone arranges seven Bronx leases
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NEW YORK ABS Partners Real Estate has secured space for five firms in Midtown South. The announcement was made by Gregg Schenker, president and co-managing