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Muss continues to draw tenants to Jackson Heights center
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Muss Development has signed a long-term, 13,780 s/f lease with Jackson Heights Cardiovascular Associates, the second new transaction since the developer
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Madison tower making a big splash
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New York City’s stock of mansions is expanding beyond massive Fifth Avenue homes that are attached to names like Carnegie and Vanderbilt.
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Jesse Metcalfe and fiance Cara Santana close on Essex Crossing condo
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ACTOR Jesse Metcalfe has closed on his new Essex Crossing apartment. City records show the John Tucker Must Die and Desperate Housewives star paid $1.
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IKEA opens 975,000 s/f fulfillment center at Matrix logistics park
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Swedish home furnishing giant IKEA has opened its New York customer fulfillment center. The 975,000 s/f location is less than 20 miles from downtown Manhattan
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NYC price points set for sharp increase, predicts Michaels
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HOWARD MICHAELS New York City appears to be on the cusp of entering a new price point in Manhattan trophy real estate, with multiple office assets now
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Madison makes loan
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Josh Zegen Madison Realty Capital (MRC), an institutionally backed investment firm and asset manager, has closed a $29 million first mortgage loan collateralized
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Fencing outfit expanding
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Kalmon Dolgin Affiliates, Inc. (KDA) has arranged two deals totaling 16,000 s/f at 600-608 DeGraw Street in Cobble Hill, Brooklyn. Brooklyn Fencing took
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People in glass houses …
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By Sarah Trefethen Everyone loves windows — the bigger the better. And modern highrises deliver in floor-to-ceiling spades. New York interior/architecture
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NorthMarq helps Northeast retail owners shopping for cash
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NorthMarq Capital retail owners shopping for cash to the tune of nearly $42 million this week. Ernest DesRochers, senior vice president/managing director
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Jamaica Bay project earns top engineering award
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More than 600 consulting engineers and clients gathered for the American Council of Engineering Companies of New York’s (ACEC New York) 46th annual Engineering
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Rose Associates chairman on how to turn lemons into lemonade
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DANIEL ROSE By Daniel Rose, chairman, Rose Associates America’s current supply of distressed real estate cries out for imaginative thinking about possible
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SWAP SHOP: Investors mull retail to industrial conversion
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As online shopping continues to cut into traditional retail, some desperate shopping centers are also contemplating a switch to ecommerce.