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Advance, Greek lock down $235M refi’ for Linden Logistics Center
08
Cushman & Wakefield served as the exclusive advisor to Advance Realty Investors and Greek Development in arranging $235,000,000 of permanent financing
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Rent Regulation does not make housing more affordable
08
It has become a popular movement for cities and states to regulate residential rents. St. Paul just voted to institute rent control, joining New York
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Black Spruce to buy American Copper Buildings for $850M
08
Josh Gotlib’s Black Spruce Management is under contract to buy the American Copper Buildings for $850 million, according to sources. JDS Development Group
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Colliers arranges $1.2 billion refinancing for GCU
08
Colliers International Mortgage Advisory, LLC in Phoenix has arranged the $1.2 billion financing with Barclays for Grand Canyon University to both refinance
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Norway’s Crown Prince visits 555 Greenwich
08
Norway’s Crown Prince Haakon visited the 555 Greenwich construction site in Hudson Square this week as part of a U.S. tour by the European monarch.
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Feil welcomes trio of new tenants to 570 Lexington
08
Three professional services companies have signed full-floor leases totaling 12,785 s/f at 570 Lexington Avenue, announced The Feil Organization, the building’s owner/manager.
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Biotech co opens new US HQ in princeton
08
Avison Young’s New Jersey office announced that Innocoll Biotherapeutics has signed a new long-term 10,000 s/f lease at 210 Carnegie Center to serve as
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Breslin collects incentive package to turn old factory into apartments
07
Garden City-based Breslin Realty Development Corp. is set to build a 201-unit transit-oriented apartment complex in Lynbrook, NY. Town of Hempstead Industrial
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CIBS Long Island recognizes top brokers
08
At last week’s annual meeting, the Commercial Industrial Brokers Society of Long Island (CIBS) recognized the industry’s best and brightest at their annual
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LI multifamily giant adds another 200 units to portfolio
09
Fairfield Properties, already Long Island’s biggest residential landlord, has added another 214-units to its portfolio. JLL Capital Markets announced that
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New pre-school to open in Tribeca
08
Newmark Retail has completed a 5,000 s/f lease for Mandarin Seeds Preschool at 52 Reade Street in Tribeca. Newmark Director Ravi Idnani and Managing Director Andrew
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Taconic, Clarion close on $130M loan for Bronx apartments
08
Taconic Partners and Clarion Partners announced the closing of a $130 million loan from Wells Fargo for Eastchester Heights, a residential apartment complex