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DUMBO developer closes on $31M finance deal
08
Madison Realty Capital (MRC) just closed a $21 million first mortgage loan to fund the acquisition of an eight-story office building at 29 Ryerson Street
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Art project planned for Pacific Park site
08
Greenland Forest City Partners (GFCP), the joint venture between Greenland USA and Forest City Ratner Companies behind the 22-acre Pacific Park Brooklyn
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NYC Construction Alliance backs city’s new diversity effort
08
The New York Construction Alliance (NYCA) has expressed their support for the newly passed bill, Introduction 1382-B. New York City Council Member Robert Cornegy Jr.
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REBNY gala draws top pols, industry players
07
Steve Spinola and Mayor de Blasio The Real Estate Board of New York (REBNY) rolled out the red carpet for Thursday’s 118th Annual Banquet held at the New York Hilton.
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de Blasio unveils $500M life science plan
07
New York Mayor Bill de Blasio has unveiled a $500 million plan to grow the city’s life science sector. Called LifeSci NYC, the program promises some
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ON THE SCENE: TerraCRG on $16M tear; Delshah sells brownstone to Chinese group
06
TerraCRG closed on five multifamily transactions with an aggregated value of $16,050,000: • 459 Bay Ridge Avenue in Bay Ridge, Brooklyn, sold for $4,300,000
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Alexandria Real Estate Equities launches co-working for science guys
08
Alexandria Real Estate Equities, the owner and developer of the Alexandria Center for Life Science on the East Side of Manhattan, has just launched an
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Peter Braus’ rite of passage takes him back to his roots
08
By Sarah Trefethen Peter Braus first learned about real estate through a kind of osmosis. Peter Braus He grew up in Larchmont NY, but his father ran the
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New player joins luxury asset lending sector as business booms
07
Steven Renbaum is trading commercial real estate for the startup world — in the form of alternative luxury lending. The real estate veteran — who founded
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School building redeveloped as senior housing
08
The Mayor of Albany, Kathy M. Sheehan, took the time to tour WinnDevelopment’s Livingston School project this week. In partnership with the Albany Housing
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Accusations of mob tactics muddy fight over money
08
By Sarah Trefethen The controversy surrounding former employees of Tevfik Arif’s Bayrock Group is part spy novel, part courtroom procedural, part financial drama.
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Spinnaker sails forward as Connecticut emerges from downturn
08
Clay Fowler, Spinnaker By Roland Li In May, Chelsea Piers announced the beginning of construction of its Connecticut facility, at the Campus at I-95 Exit