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Longtime owner sells Bronx 263-unit portfolio for $47M
09
Eastern Consolidated announced the sale of a six-building, 263-unit, 282,682 s/f multifamily portfolio in the Highbridge section of the Bronx for $47 million.
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Broadstone plans IPO
09
By James Hagedorn Rochester-NY based Broadstone Net Lease is looking to cash in on the red hot sector with an IPO that could rake in as much as $600 million.
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Ex-Sony boss, IRS manager join Foye on MTA board
08
Governor Andrew M. Cuomo announced the nomination of new MTA chairman, Patrick J. Foye as well as four new members to the board. Haeda Mihaltses of Queens
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Brookfield snatches up string of West Village retail condos
08
Brookfield Properties has purchased seven storefronts on Bleecker Street between West 10th and 11th Streets in Greenwich Village. Better known for owning
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Natixis boss is a real estate rock star
08
When the French banking giant Natixis signed off on a $1.9 billion loan for Maefield Development’s 20 Times Square development last year, it was Cate Agnew’s
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Remodeling sector set to slow
09
Growth in residential remodeling spending is expected to slow considerably by the middle of next year, according to the Leading Indicator of Remodeling
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REBNY partners with StreetEasy rival Realtor.com
08
The Real Estate Board of New York is partnering with Move, Inc., the operator of Realtor.com, in its latest maneuver against StreetEasy and its Premier Agent feature.
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RPA releases plan to create 500,000 apartments from single family homes
08
The Regional Plan Association wants tri-state legislators to phase out single family homes most New Yorkers can’t afford and turn them into apartments.
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Peter Braus wins Retail Deal of the Year; CBRE earns ‘Ingenious’ nod
09
Veteran New York retail broker Peter Braus last night picked up the city’s top honor for relocating national restaurant and entertainment chain, City Winery
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Investment manager Kawa acquires $273M ground lease portfolio
08
Florida-based investment manager, Kawa, has acquired a $273 million portfolio of ground leases across New Jersey, Virginia, Pennsylvania and North Carolina.
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NKF team tapped to sell NJ office campus
08
KBS is offering for sale Woodbridge Corporate Plaza, a six-building Class A office complex located at 485 US-1 in Iselin, New Jersey. KBS has retained
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Art heir selling Connecticut estate
08
Art heir David Wildenstein and his wife, Lucrezia Buccellati of the Buccellati jewelry brand, are selling their Connecticut horse farm. The 152-acre country