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Silverstein Properties arranges direct lease for StubHub at 3 World Trade Center
April 25, 2023
Manhattan, NY Silverstein Properties arranged for StubHub, the ticket marketplace with the world’s largest selection of live events, a direct lease for a full floor at 3 World Trade Center.
TerraCRG completes $2.2 million sale of 119 42nd St. in Sunset Park
April 25, 2023
Brooklyn, NY TerraCRG has completed the sale of 119 42nd St., a fully renovated commercial building, located in Sunset Park. The asset sold for $2.2 million, and the seller was exclusively represented by TerraCRG partners Dan Marks and Daniel Lebor,
Avoiding land grabs - by C. Jaye Berger
April 25, 2023
With all the new development work that is being done currently, especially in the five boroughs, buildings need to be more careful than ever that the right areas are being worked on by the right people. For example, during a project involving a portion of the roof, the
RFR and Waterfall Asset Management acquire
33,000 s/f retail condominium - The Astor
April 25, 2023
Manhattan, NY RFR and Waterfall Asset Management have acquired the 33,000 s/f retail condominium portion of The Astor condominium building at 2139 – 2159 Bdwy. on New York’s Upper West Side in a joint venture. Situated in one of Manhattan’s most vibrant retail
Institutional Property Advisors brokers $80 million all-cash deal of 555 West 18th St. to IAC
April 25, 2023
Manhattan, NY IAC has completed an $80 million all cash transaction to acquire the land under its New York City headquarters at 555 West 18th St. The transaction unites IAC’s landmark building designed by renowned
Cushman & Wakefield and Meridian Capital
arrange $77.38 million in acquisition financing
April 25, 2023
Manhattan, NY Cushman & Wakefield and Meridian Capital have served as the exclusive advisors to Empire Capital Holdings and Namdar Realty Group in the procurement of $77.38 million in acquisition financing for The Collection at Mercedes House,
Leaders of NYC real estate, business and government gather at the REBNY Annual to celebrate industry...
April 11, 2023
The Real Estate Board of New York (REBNY) last night hosted more than 1,000 leaders of real estate, business and government at the REBNY Annual – the premier networking event for New York City’s real estate industry
Crowley elected president and CEO of Building Trades Employers Association
April 11, 2023
Manhattan, NY Elizabeth Crowley, a former New York City Council member, will succeed Lou Coletti as president and CEO of the Building Trades Employers Association (BTEA). Crowley, who worked as a union restorative painter on prized landmarks before serving in the Council,
Crystal Window Dallas sales and distribution branch office open for business
April 11, 2023
Dallas, TX The new sales and distribution branch office of national manufacturer Crystal Window & Door Systems is now open for business. Located near major highways at 454 West Mockingbird Ln., the new facility is open from 8:00 a.m. to 5:00 p.m. Monday through Friday.
Three more students receive computers thanks to Breakfast Club Group
April 25, 2023
White Plains, NY On Sunday, March 26th, the Breakfast Club Group, a network of real estate professionals, donated three Dell laptops to area students to help further their studies and contribute to their available educational resources. The Board of First Baptist Church of White Plains in conjunction with Misión Bautista Hispana
Invictus and Stav complete $3.75 million sale of 48 Somers St.
April 11, 2023
Brooklyn, NY Invictus Property Advisors (“Invictus”) and Stav Equities (“Stav”) have completed the sale of a block-through development site on 48 Somers St. for $3.75 million. The property, located within an Opportunity Zone and eligible for the 421A Tax Abatement (421A), attracted a significant amount of interest from developers looking to build rental product and comply with 421A by completing construction by June 15,
Clarion Partners announces series of upgrades and renovations to 114 W 41st St.
April 11, 2023
Clarion Partners has announced a series of upgrades and improvements at 114 W 41st St. off Bryant Park. The renovations are intended to create more sophisticated, modern, and functional common areas and amenity
The Brooklyn Tower starts leasing of apartments; developed and built by JDS Development Group and de...
April 25, 2023
Brooklyn, NY JDS Development Group and Douglas Elliman Development Marketing Group have begun the official launch of leasing for The Brooklyn Tower. The tower is designed by award-winning SHoP Architects with residential interiors by Gachot Studios and amenities interior
Nominate someone for the 2023 Ones to Watch RISING STARS Spotlight TODAY!
April 11, 2023
We are now accepting nominations for our 2023 Ones to Watch RISING STARS Spotlight which will be published in the May 16th New York Real Estate Journal. This annual spotlight will showcase individuals who are making notable contributions to their company or industry.
Perlman of Largo Capital arranges $4.35 million for acquisition of self-storage facility
April 11, 2023
Hattiesburg, MS Ned Perlman, vice president of Originations at Largo Capital, arranged $4.35 million for the acquisition of a self-storage facility. The subject property consists of 45,425 net rentable s/f across 353 units including 321 climate-controlled units and 32 non-climate-controlled units. Perlman
Ross of Largo Capital secures $5.35 million for refinancing
April 11, 2023
Memphis, TN Kevin Ross, managing director at Largo Capital, secured $5.35 million for the refinance of an industrial portfolio. The portfolio was financed in partnership with one of Largo's correspondent
Freedom Plaza introduces momentum partnership program to Manhattan’s East River communities and Gr...
April 25, 2023
Manhattan, NY The New York State Restaurant Association applauds Soloviev Group and Mohegan for its commitment to enhancing economic development in Manhattan’s East River Communities and New York City.
Lionheart Strategic Management, Citigroup and Bank of Montreal provide $375 million in funding for a...
April 11, 2023
Jersey City, NJ Lionheart Strategic Management LLC (Lionheart), an affiliate of Fisher Brothers that manages capital on behalf of third-party investors, has provided $150 million in financing on behalf of an institutional investor to 601W Companies for its acquisition, renovation, and lease-up, of
Goldman Sachs Asset Management and Triangle Equities finalize $136 million recapitalization of Termi...
April 11, 2023
Jamaica, NY A new Joint Venture between the Urban Investment Group within Goldman Sachs Asset Management (Goldman Sachs) and Triangle Equities has completed a $136 million purchase of Terminal Logistics Center, a two-story, 184,747 s/f industrial
2023 REBNY Honorees - Daniel Doctoroff - John E. Zuccotti Public Service Award
April 11, 2023
Daniel Doctoroff recently stepped down as chairman and CEO of Sidewalk Labs, Alphabet’s pioneering urban innovation company that provides products and services that integrate smart design with cutting-edge technology to radically improve urban life, upon discovering that he has ALS.