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Manhattan rental market is ‘hotter than a Mariano Rivera fastball,’ says Citi Habitats president
08
Mariano Rivera By Al Barbarino Manhattan’s residential market is hotter than ever, with rents hitting all-time highs, according to the latest industry data.
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M&M hiring more agents to fill new regional offices
09
Marcus & Millichap is ramping up hiring as the company prepares to move into its new “regional hubˮ at 260 Madison Avenue. The firm recently signed
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Bleeker Street subway restored by Lee Harris Pomeroy Architects
08
The MTA’s $94.5 million rehabilitation of the Bleecker Street Station complex, designed by Lee Harris Pomeroy Architects (LHPA) in a joint venture with
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Moinian, Chetrit, American Landmark seek investor for Willis Tower in Chicago
09
Willis Tower, Soakologist/Wikimedia Commons By Roland Li The owners of North America’s tallest building, the former Sears Tower in Chicago, are seeking
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Sam Chang sells another hotel site to Hersha for $28.7 million
07
32 Pearl Street, PropertyShark By Roland Li Hotelier Sam Chang has sold another property, 32 Pearl Street, to Hersha Hospitality Trust for $28.
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Chelsea co-op complex Penn South officially closes on $190M HUD-insured loan
09
Chelsea co-op complex Penn South has officially closed on a $190 million loan from Wells Fargo. The loan was announced by New York Senator Chuck Schumer
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Spring showers CMBS market with good news
09
The rate for US commercial real estate loans in CMBS fell 24 basis points in March to 6.54%, according to the newest Trepp report. The last time the Trepp
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LeFrak Family makes $10M donation to Prospect Park project
08
Artist’s rendering of Lakeside by dbox The Prospect Park Alliance and the New York City Department of Parks & Recreation announced a $10 million
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Amirian is industryʼs true pinch hitter
07
David Amirian subscribes to the switch-hitting philosophy of operating an enterprise. The principal of residential and commercial development firm The
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NCB issues $40M in co-op loans for month of April
08
National Cooperative Bank (NCB), a lender to co-operative housing throughout the Tri-State area, announced that the bank originated $40.
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Kiko Milano opening at 1515 Broadway in Times Square
09
RKF has fully leased the ground floor retail at 1515 Broadway in Times Square. 1515 Broadway The firm arranged a 1,542 s/f lease with Kiko Milano, an Italian
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Former Borders on B’way fully leased
09
Cushman & Wakefield announced it represented ownership of 100 Broadway in a long-term lease transaction to TD Ameritrade, Inc. TD Ameritrade will occupy