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First construction fatality of 2018 at 24th Street McSam hotel site
08
By Sabina Mollot Police are investigating the death of a construction worker found unresponsive at the bottom of an elevator shaft Tuesday.
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Sandy rips big hole in infrastructure purse
07
By Sarah Trefethen Hurriance Sandy has raised expensive questions about things like giant gates at the mouth of New York Harbor to hold back the sea.
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Staying afloat in a difficult rental market
08
ADAM FRISCH By Adam Frisch, Managing Principal, Sierra Residential As a long-time leasing agent for many New York landlords, I am deeply familiar with
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Private equity firm doubles footprint with move to 505 Fifth
08
JLL has completed a 10,876 s/f 10-year lease for Incline Equity Partners for the entire 22nd floor at 505 Fifth Avenue in Manhattan. The tenant is relocating
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Hampshire sells CT shopping center to NY investors
08
The Hampshire Companies has sold its Milford Plaza shopping center in Connecticut to Northpath Investments for $11 million. Hampshire bought the property
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How architects figured out how to nearly double size of Hunts Point development
09
Residents have begun moving into what’s being billed as a “model transgenerational community” in Hunts Points. Developed by nonprofit organizations
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Savills Studley, Leverton combine AI, analysis software
08
Savills Studley is partnering with LEVERTON to improve lease administration and portfolio planning. The firm combined its Knowledge3 portfolio analysis
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Ready Capital funds four project loans in Florida, Georgia, North Carolina
08
Ready Capital Structured Finance closed four non-recourse interest-only acquisition and renovation for $30.5 million. The Florida loan is for the acquisition
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Real estate industry hires record number of summer interns
08
New York’s real estate community has helped the city place some 600 young adults in high profile paid summer internships so far this year.
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Carlton arranges $455M recap for suburban office portfolio
07
The Carlton Group arranged a $455 million recapitalization of Brookwood Financial’s suburban office portfolio. The portfolio comprises 27 office properties
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CBRE brokers new lease at 3WTC
08
Silverstein Properties announced that Harper + Scott, a design firm, has signed a 17,456 s/flease on the 40th floor of 3 World Trade Center.
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Massey Knakal Sells Triple-net Lease Building In Manhattan
08
991 Third Avenue By Al Barbarino Massey Knakal has sold a three-story building located at 991 Third Avenue (aka 201 East 59th Street). The transaction