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R3 Rochester deals top $58M
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R3 Funding arranged $26.24 million in refinancing for the Rochester Multi Portfolio, a group of several 1960s vintage multi-family properties located in
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Grand Central owner goes off the rails on 1 Vanderbilt
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By Konrad Putzier The owner of Grand Central Terminal threatened to sue over One Vanderbilt last week, putting a damper on an otherwise encouraging City
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Elizabeth Velez named chair of New York Building Congress
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Building Congress president & CEO Carlo A. Scissura with new chair, Elizabeth Velez. Building industry leaders gathered for the New York Building Congress’
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Cozy marries contemporary to create tomorrowʼs design trend
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Home is where the hygge is. That’s what developers and design experts are discovering is a huge hit with buyers and renters, who more than ever want to
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Report: Institutional construction spending at $4.6B, highest since 2009
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Schools and hospitals led a $4.6 billion construction spending spree in New York City last year. According to a new report from the New York Building Congress
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IMG Worldwide expands at 304 Park Avenue South
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SL Green Realty Corp announced that IMG Worldwide, an international leader in sports, events, media and fashion operating in more than 25 countries, has
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Plunging oil prices giving shoppers a shot in the arm
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FAITH CONSOLO By Faith Hope Consolo Chairman, Retail Group, Douglas Elliman As Mark Twain once said, “There are lies, damned lies, and statistics.
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Pharma giant to take redeveloped former Avaya Campus in Jersey
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Rubenstein Partners, together with its partner Onyx Equities, announced a 305,000 s/f long-term lease with Daiichi Sankyo, Inc. at 211 Mount Airy Road
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Hochberg shows his hospitality, from the boardroom to the building site
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Lightstone president Mitchell Hochberg is overseeing $2.3 billion worth of new development in New York City, preparing to launch a hotel brand with Marriott
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HAVE YOU HEARD? One-time stable listed at $22M
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A one-time stable is now listed as $21.75 million luxury single family home opportunity. Cindy Kurtin and Jill Bernard at Stribling are co-listing 167
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Silicon Alley site for sale
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Massey Knakal Realty Services has been retained to sell a loft building at 221-225 West 17th Street, between Seventh and Eighth Avenues in Chelsea’s ‘Silicon Alley’.
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Calls made for change as NYC is ranked worst city to retire
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The astronomical cost of living and less-than-competitive tax rates have not hampered New York’s ability to attract millennials and young professionals.