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BANKS: Making Our Voices Heard for the Betterment of New York City
08
Last week, I had the great privilege of standing with more than 100 REBNY members who attended a public hearing on commercial rent control legislation.
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Commercial rent control would deal catastrophic blow to NYC
08
We are vehemently opposed to Commercial Rent Control legislation pending before the City Council which will do nothing to solve the underlying issues behind
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City Hall dedicates $180M for Long Island City infrastructure
08
The mayor’s office has signed off on a $180 million dollar spending plan in Long Island City that will be used to build schools, fix roads and build up
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Sapir signs Canon as direct tenant at 261 Madison
08
The Sapir Organization has leased 25,000 s/f to Canon as a direct tenant at 261 Madison Avenue. Canon signed a six-year lease with a five-year renewal
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Mcsam secures $76M funding for new NoMad hotel
09
The Mcsam hotel group secured $76 million in construction funding to build a 21-story boutique hotel at 292 Fifth Avenue in NoMad. The financing, provided
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Despite a national decline, New York home values remain sky high
08
Good news for those looking to buy a home as down payments decline throughout the country. The average New Yorker, however, still has to scrape together
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ASB sells 400 Madison to Korean bank for $194M
08
ASB Real Estate Investments has sold 400 Madison Avenue to a Korean financial services firm for $194.5 million dollars. Daishin Securities, an investment
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Developer receives $5.1M loan for 900 Grand Street in Williamsburg
08
Eastern Union Funding has secured a $5.1 million acquisition loan on behalf of a Brooklyn-based investor to purchase 900 Grand Street, a 22,600 s/f mixed-use
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Cushman & Wakefield reports profitable 2010
08
Glen Rufrano, Cushman & Wakefield By Daniel Geiger Cushman & Wakefield reported that it had net income of $25.7 million in 2010.
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Set redesign is the big story at local news station
07
By Jonathan Pappas NY1 News, the City’s most-watched local news network, started the New Year with a fresh new interior. Set designers, construction workers
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Mill Creek Residential adds Jersey City office
08
Mill Creek Residential announced the opening of a new office for their NY/NJ operations in Jersey City, NJ. The office is located at 1 Evertrust Plaza
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It’s a dogs life as New Yorkers pack in the pooches
07
It’s official — New York is a city of dog lovers. The mean streets are populated by 425,000 dogs in homes across the five boroughs — that means that