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Banking powerhouse accuses Fed of misleading Americans
07
William Rhodes, a retired senior vice chairman and senior international officer at Citigroup and Citibank, urged the Federal Reserve to make a move on
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Stonehenge finances flagship NYC properties
07
Stonehenge NYC successfully completed the refinancing of two of its flagship properties located at 108 West 15th Street and 210 West 89th Street with New
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Avison Young to lease 250 Church in Tribeca
07
Photo via Philips International’s website Avison Young announced that it has been engaged to identify a long-term net lessee for 250 Church Street
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Pharma firm fills executive center
07
Avison Young announced a 105,959 s/f full-building lease with pharmaceutical billing software company, MedAssets, Inc. at Saddle River Executive Center
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REM Residential acquires management firm
08
R.E.M. Residential has acquired LWL Associates, a boutique management firm that has been in business for over 40 years, announces Rick Elezi, president of R.
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Nassau IDA backs incentives plan for affordable housing development
08
Rendering of the proposed affordable housing development. Nassau County Industrial Development Agency (IDA) chairman Richard Kessel announced that the
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LEASES: Kaufman lands “hippie” retailer, media company takes space in Long Island City’s Zipper Building
07
NEW YORK The Kaufman Organization secured a 5,909 s/f three-year lease for Haute Hippie, a lifestyle fashion designer, at 15 West 27th Street (15W27).
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$210M refinance deal for Bay Plaza Center
07
Prestige Properties & Development has refinanced Bay Plaza Community Center, a 517,000 s/f retail center in the Northeastern Bronx that includes an
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CBRE brokers $146M workforce housing sale
07
The properties contain 1,035 apartments CBRE announced the $146 million sale of the Northern/Central New Jersey Workforce Housing Apartment Portfolio
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Synagogue buys 509 Fifth Ave.
07
Rabbi Joshua Metzger By Al Barbarino Chabad-Lubavitch has closed on the purchase of a 12-story, 60,000 s/f building at 509 Fifth Ave. for $42 million.
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CRE diversity program looking to recruit New Yorkers
07
Project REAP (Real Estate Associate Program), recognized nationwide as a leading educational diversity initiative that introduces multicultural professionals
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Millennial shopping habits and what they mean for retail building owners
07
By Stuart Eisenberg, Assurance Partner, CPA, BDO New York Millennials — those born roughly between 1980 and 2000 — are changing the face of retail.