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Shvo JV strikes deal with Mandarin Oriental to brand 685 Fifth
08
Michael Shvo and his 685 Fifth Avenue development partners have struck a deal with the Mandarin Oriental Hotel Group to brand and manage 69 luxury apartments
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HUD launches $3.5 million local sustainability initiative
07
A map of Sustainable Communities projects By Roland Li The U.S. Department of Housing and Urban Development (HUD) last week initiated a $3.
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Eastern Union closes $20M construction loan for mixed-use development
07
Eastern Union Funding arranged a $20 million loan for ground up construction on 99 Morningside Avenue on behalf of Azimuth Development Group LLC.
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RXR pays $800M for 237 Park Avenue
08
237 Park Avenue By Holly Dutton RXR Realty has partnered with an affiliate of Walton Street Capital to purchase 237 Park Avenue from an entity controlled
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Longest bar for Long Beach
06
Sabre Real Estate Group LLC, arranged a lease for a new restaurant that will replace the shuttered Avenue Café on one of the best blocks in Long Beach.
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Shelbourne scores $40M loan for Hartford office tower acquisition
08
Thorofare Capital has provided an affiliate of Shelbourne Global Solutions with a $40 million floating-rate commercial mortgage for the acquisition of
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Online furniture upstart takes 340,000 s/f in Jersey
08
In a relocation move that more than doubles its New Jersey footprint, online furniture and home decor brand Article has leased 341,000 s/f to become the
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ON THE SCENE: TerraCRG selling vacant resi development in East Williamsburg
08
AGENTS TerraCRG has been retained exclusively to sell 566 Grand Street, a vacant residential development site in East Williamsburg, Brooklyn.
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FCR buys modular factory from Skanska
08
By Konrad Putzier Forest City Ratner has taken control of the modular housing factory for its stalled Brooklyn residential tower from Skanska – but don’t
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Hudson Market to open at Helena 57 West in early 2017
08
The Durst Organization announced that Hudson Market signed a 15-year lease for 9,889 s/f on the ground and lower levels of the Helena 57 West, a 597-unit
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Savanna makes Mad. buy
07
By Linda O’Flanagan   15 East 26th Street (Photo by Paul Bartholowmew) Savanna has acquired 15 East 26th Street, a 150,000 s/f boutique commercial
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AROUND TOWN: NYSAFAH Conference at Turning Stone, Archtober in full-swing
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NYSAFAH Conference Sept. 30 The New York State Association for Affordable Housing (NYSAFAH) its 12th Annual Upstate Conference, entitled “Building Better