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Developer looks to partner with state on new entertainment arena
08
Center City Partners, the developer of the Center City Mall in Paterson, NJ, is seeking to partner with the New Jersey Economic Development Authority (NJEDA)
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Gluck catches a break after years long rent case
07
BY AL BARBARINO LARRY GLUCK A New York State appeals court ruled this week that real estate developer Laurence Gluck lawfully destabilized Tribeca’s Independence
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Jehovah’s Witnesses bag $80M in sale of latest Brooklyn property
08
The Jehovah’s Witnesses are set to add just under $80 million to their billion-dollar haul from the sale of their Brooklyn portfolio. Los Angeles-based
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Hotel developers checking out West Side before the frontiers close
07
By Konrad Putzier The Hudson Yards haven’t even been built yet, but they are already fueling hotel development on the Far West Side. Rendering of 444 10th
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Bain Capital forms new real estate team
08
Alternative investment firm Bain Capital announced the formation of Bain Capital Real Estate, comprised of the professionals currently managing Harvard
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How to find a rich client
08
Money detectives help brokers in search for wealthy buyers By Konrad Putzier The foreign billionaire is the broker’s white whale. She (or he) is somewhere
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SBE strikes $800M deal to acquire Morgans Hotel Group
08
HUDSON HOTEL SBE has struck a deal to acquire Morgans Hotel Group for $794 million. With the acquisition, SBE will add Morgans’ collection of brands
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Nationwide foots Hampshireʼs $31M grocery bill
09
Holliday Fenoglio Fowler (HFF) arranged a $31 million refinancing for Veterans Square, a 136,928 s/f, grocery-anchored community retail center in the Northern
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Heddings named director of MANAR
08
DOUGLAS HEDDINGS Douglas Heddings, founder and president of The Heddings Property Group LLC has been appointed director of the board of the Manhattan Association of Realtors.
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As C21 marks 40 years in biz, things change — and stay same
07
Century 21 Real Estate LLC, the franchisor of the world’s largest residential real estate sales organization, celebrated its 40 year in business last week.
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Day-to-night market opens in Hell’s Kitchen
07
Gotham West Market, a first-of-its-kind day-to-night market opens today (Wednesday) in Hell’s Kitchen. Gotham West rendering The market offers a
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NYC’s new heating oil rules: What will it cost you?
08
By Valerie Corbett, IntelliGreen Partners In April 2011, New York City adopted a new heating oil regulation requiring owners of nearly 10,000 buildings