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Compass to open third Brooklyn office in old Community Bookstore space
08
Compass will mark its third Brooklyn location with the launch of a new Cobble Hill office at 212 Court Street. With interiors by Vocon, the new space
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Cushman tapped for Tower assignment
07
Cushman & Wakefield announced that Princeton International Properties has appointed the firm as exclusive leasing agent for Tower 52 at 150 East 52nd
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Luxury building planned for burgeoning Bed-Stuy
08
Bed-Stuy real estate is on a roll and showing no signs of slowing down any time soon. The latest prolific example of this development comes from Vasco
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L&L Holding announces development and construction team hires
08
L&L Holding Company announced a series of new hires to bolster its development and construction team for the redevelopment of 1568 Broadway in Times Square.
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Bonjour Capital ends bickering over condo plan
08
Eric Goldberg By Orlando Lee Rodriguez A neighborhood eyesore in Brooklyn now has new life, after attorneys for new investors beat back an 11th-hour bankruptcy
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Highcap sells bankrupt Modell’s Flushing store for $67M
08
A team from Highcap Group has sold a Flushing retail property on behalf of bankrupt Modell’s for $67 million. Charles Chang, associate broker alongside
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Flywheel rethinks its space needs at 90 Broad, reduces footprint
08
Savills has finalized a 12,830 s/f lease for Flywheel Partners at 90 Broad Street, owned by Princeton International Properties, in Manhattan’s Financial District.
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Link buys $175M industrial portfolio from AEW
08
New York based Link Logistics Real Estate has acquired a $175 million Massachusetts industrial protfolio. CBRE arranged the sale of the six-building package
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Aurora Capital lands $105M loan for planned Restoration Hardware flagship
08
Aurora Capital Associates has secured a $105 million loan for the planned Restoration Hardware flagship in the Meatpacking District, according to city records.
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Stop with the cheap shots at 421a already
07
By Steven Spinola There have been a few recent calls for the elimination of the 421-a tax exemption program, an important incentive that helps create affordable housing.
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Bakery chain rolling out new Manhattan stores
08
By Holly Dutton Maison Kayser is rising in New York. The baker is planning a nationwide expansion The French gourmet bakery chain already has a 4,000 s/f
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Booming tourism sector has investors bullish on New York
08
By Morris Moinian Principal and Founder Fortuna Realty Group MORRIS MOINIAN As we welcome in 2015, there is a raw emotional edge to New York that few developers