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Cuomo pushed rent-controlled tenants to take buyouts at West Village Houses
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It was December 5, 2003, and negotiations were stalled. Hoping to coax his rent-controlled tenants into buyouts, Andrew Farkas brought an independent housing
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Parking chief has ticket to business success
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Why would Joseph Daniel Kasman, a highly respected real estate professional who has relationships with the leaders in CRE in the tri-state area and beyond
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Investors betting on Atlantic Avenue
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By Konrad Putzier If Brooklyn is becoming more and more like Manhattan, Atlantic Avenue is its Bowery. 470 Vanderbilt While surrounding brownstone neighborhoods
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Silver Arch provides $5M financing for Holiday Inn hotels
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Silver Arch Capital Partners has completed a $5 million financing secured by two hotels, announced Jeffrey Wolfer, president and CEO of the Hackensack
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PDE team closes out 34 Greene with $19M rally
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Prudential Douglas Elliman announced the closing of 34 Greene Street’s final three apartments. The duplex penthouse at 34 Greene The $19 million sale by
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Canadian firm scoops up seven-story NJ office complex
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A Canadian investment firm has snatched up a quarter-million s/f of office space in Northern New Jersey in one fell swoop. Toronto-based Northbridge Investment
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Innovo, Square Mile score $54M loan for Bronx movie theater
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Innovo Property Group and Square Mile Capital have secured a $54 million loan for its acquisition of the shuttered Whitestone Multiplex Cinemas in the Bronx.
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A&G tapped to sell off bankrupt Bon-Ton assets
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A&G Realty Partners has been retained to dispose all of the real estate assets of The Bon-Ton Stores, Inc., on behalf of a joint venture between Great
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Marriott unveils hotel room, bar made from shipping containers
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SG Blocks, a designer of container-based structures, announced it has built a container-based open-air bar and a hotel room mock-up for Marriott’s Moxy Hotels.
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Big changes ahead for retail sector least impacted by e-commerce
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A CBRE analysis of U.S. consumer spending and demographic patterns suggests significant changes for food-and-beverage operators and the real estate they
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Industry consolidation among major risks facing REITs
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By Stuart Eisenberg, BDO Despite mid-year gains that propelled REITs to outperform the broader market after a slow start to 2016, REITs are not resting
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Money men make a dash for Kaufman building
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The new entrance at 747 Third Avenue Jones Lang LaSalle has completed four new, direct leases, totaling 12,508 s/f, for building owner William Kaufman