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Stalwarts share secrets of passing on a legacy
08
After a career spent building a real estate portfolio, investors of a certain age start thinking about legacy. You can’t take it with you, but it’s not
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Green buildings attract, retain, satisfy tenants
08
STEVE SCHLEIDER By Steven J. Schleider, MAI, LEED-AP BD + C, President, Metropolitan Valuation Services For years – approximately 15 since LEED certifications
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CBRE, Cushman arrange 270,000 s/f Justworks deal at 55 Water
08
Justworks, the fastest-growing HR technology company in the country, has committed to a long-term headquarters lease at 55 Water Street.
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Hersha closes on $570M hotel venture
08
Hersha Hospitality Trust, owner of upscale hotels in urban gateway markets, has closed on the joint venture for seven of the Company’s premium limited
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AROUND TOWN: Events, seminars, meetings, talks
06
CREW-NY Spotlight Series Aug. 16: CREW New York annual Summer Series featuring Leading Ladies of Real Estate kicks off with Christine Chipurnoi, MS, CPCU
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Savanna’s return on investment
07
A $19 million overhaul is paying off for Savanna at 80 Broad Street. The company just announced two more leases at the downtown property it acquired in
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de Blasio: City to shutter first jail on Rikers Island by summer
08
The de Blasio Administration announced  Tuesday that it will close its first jail on Rikers Island this summer as part of Mayor de Blasio’s plan to close Rikers Island.
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Cammeby secures $218M for multifamily buy
08
Meridian Capital Group arranged $218.2 million in acquisition financing for the purchase of Pleasant View Gardens and Wayne Village, two multifamily properties
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Selling Points: Upper East Side property for $45M, BLT buys former Pitney Bowles HQ
09
MARCUS & MILLICHAP Upper East Side property asking $45M Marcus & Millichap announced it has the exclusive right to market for sale 1313-1315 Third Ave.
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Selling Points: Vornado pockets $94M for Hicksville mall, Flushing Landmark hits the market, Besen brings Midwood buildings to market
09
●cushman & Wakefield Vornado pockets $94M for Hicksville mall Cushman & Wakefield has completed the sale of Broadway Mall, a 1,136,618 s/f enclosed
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Sherwood enjoys signing run at 370 Lex
07
Sherwood Equities is nearing full occupancy at 370 Lexington Avenue, the boutique building close to Grand Central. 370 Lexington Avenue Seven deals have
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Shovel-ready Queens site a big first for seniors
06
A former Far Rockaway gas station is being converted into affordable homes for New York’s senior citizens. Mayor Bill de Blasio last week helped Arker