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JLL brokers 83,000 s/f deal at former Pfizer campus
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JLL announced a new transaction at the New York Center for Innovation at 401 North Middletown Road in Pearl River, NY. RK Pharma, which specializes in
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Brooklyn rents fall as new units come online
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Brooklyn rents fell steadily last year as a flood of new apartments came online. With a pipeline full of new units ready to hit the market, prices are
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NEW DEVELOPMENT: Closings underway at Eichner tower; Lalezarian tops out 515 West 36th Street
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● CONTINUUM COMPANY Closings underway at Eichner tower Closings are underway at Madison Square Park Tower, the new condominium building in the Flatiron
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Eastern Union Funding arranges $68M loan for DC apartments
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Eastern Union Funding has arranged a $68 million loan to refinance a large apartment community in the Washington DC metro region. The deal is unique as
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WHO’S NEWS: Residential appointments and promotions
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Douglas Elliman has welcomed Stuart Edelman to the Avigdor | Peyton Team in Southampton. Prior to joining Elliman, Edelman worked in the garment business
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State lawmakers revive 421a tax break
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The New York State Legislature has revived the 421a tax abatement program, ending a stand-off that has persisted for over a year. Now rebranded as Affordable
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Queens firm sells residential towers for $60 million in Astoria
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30-50 21st Street By Holly Dutton An Astoria-based real estate firm has sold two apartment buildings for $60 million in the booming Queens enclave of Astoria.
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Restaurants eye Union Square site
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Winick Realty Group has been selected to exclusively represent a retail opportunity at 15 Union Square West. Steven E. Baker, Kenneth Hochhauser and Charles
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New York lawmakers criticized for failing to pass design-build legislation
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In last month’s special session in the state legislature in Albany, a bill that would authorize a design-build program specific to NYC was not included
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DONE DEALS: Roundup of the week’s residential sales
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After a false start, Citi Habitats broker Brian Morgan was able to help an international purchaser find his perfect home in the Big Apple.
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Developers hitting dead end in boroughs
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Better public transportation could help unlock the development potential of the outer boroughs. When Bill de Blasio called New York a “tale of two cities,”
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REBNY appoints Sandhya Espitia as deputy SVP for Brokerage, Education, and the RLS
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The Real Estate Board of New York (REBNY) has appointed Sandhya Espitia as Deputy Senior Vice President for Brokerage, Education, and the Residential Listing Service (RLS).