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Situ Studio transforms Brooklyn Museum’s Great Hall
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Roland Li for Real Estate Weekly By Roland Li Starting this month, Brooklyn Museum visitors will be greeted by a towering fabric installation that transforms
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Merchants ante up $51M to fund new homeless shelter
08
MATHEW WAMBUA Mortgage banking firm Merchants Capital has secured $51 million in agency funding for a homeless shelter in Crown Heights on behalf of Heights
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HFF backs New Jersey condo development with $25M loan
08
Holliday Fenoglio Fowler announced the $24.8 million financing for the development of 30 Court, a 58-unit condo community in downtown Morristown, New Jersey.
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PBC USA plan comes to fruition at 452 Fifth Avenue
08
PBC USA announced the successful completion of its strategic, five-year asset management plan and transformation of its trophy office tower at 452 Fifth Avenue.
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Rockefeller Center adds trio of lifestyle brands to retail roster
08
This holiday season, Rockefeller Center has welcomed three new major retailers: lifestyle brands Warby Parker and kate spade new york and British menswear
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Omni breaks ground on homeless sanctuary
08
Developer Omni New York joined city officials and project partners to break ground on a new development aimed at those at risk of homelessness.
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Cheers! Irish get a new-look arts center
09
Rendering of the new Irish Arts Center As New York City rolled out the green carpet for the 253rd annual St Patrick’s Day parade, the historic Irish
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TRANSACTIONS: Meridian Capital, Brick Realty Capital, Eastern Union
08
Meridian Capital announced the following transactions: • A new mortgage of $6,400,000 was placed by Meridian on an eight-story, 355-unit multifamily building
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Life sciences plan evolves in Long Island City
09
The Long Island City Partnership has retained the services of East Egg Project Management to help develop a plan that will create a life sciences cluster in LIC.
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Chetrit JV makes $217M hotel play
08
Patriarch Equities, Sioni Group, and Highgate have purchased the 618-room Affinia Manhattan NYC hotel through a joint venture. Highgate has also assumed
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Harlem Open House Expo this weekend
08
The Real Estate Board of New York’s (REBNY) residential members are preparing to hold the 2nd Annual Upper Manhattan Committee Harlem Open House Expo
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Architects serve up 21st century Grand Central
08
By Sarah Trefethen Grand Central rendering It will take updates to both Midtown East’s office buildings and the surrounding areas to keep major office