Owners Developers & Managers

MAG Partners, Safanad & Global Holdings form joint venture to secure $95m construction loan

Manhattan, NY MAG Partners and Safanad have formed a joint venture with Global Holdings, the international real estate development and investment firm led by chairman and founder Eyal Ofer, to capitalize 300 East 50th St.

GFI Development initiates closings at 99-unit ONE11 Residences

Manhattan, NY GFI Development has commenced closings at ONE11 Residences at Thompson Central Park, located adjacent to Billionaire’s Row at 111 West 56th St. ONE11 Residences at Thompson Central Park

BOMA Westchester elects slate of officers for 2024 term

White Plains, NY The Building Owners and Managers Association of Westchester County has elected its slate of officers for the 2024 term. Stephanie Manfredi was elected president. Manfredi is a property manager at Colliers International.

PACE Equity closes $5 million C-PACE financing for nursing facility

Brooklyn, NY PACE Equity, the leader in Commercial Property Assessed Clean Energy (C-PACE) financing for development projects, has closed a $5 million C-PACE transaction for the Brooklyn United Methodist Church Home Skilled Nursing Facility.

Totem commences environmental review for 94,000 s/f mixed-use hub

Brooklyn, NY Totem, a real estate development firm specializing in innovative design and community-driven projects, marked the next milestone in its plan to transform a privately-owned 94,000 s/f site at Broadway Junction

Doordash leases 115,382 s/f at BXP and J.P. Morgans’ 200 Fifth Avenue

Manhattan, NY BXP, one of the largest publicly traded developer, owner, and manager of premier workplaces in the United States, and J.P. Morgan Global Alternatives have arranged for online food ordering and delivery platform DoorDash to sign a lease

PWC to host annual members only evening on February 8th

Manhattan, NY On February 8th, Professional Women in Construction’s (PWC) Membership Committee is hosting their annual Members Only Evening at Corkbuzz, a wine-centric restaurant specializing in wine classes and tastings.

IREM NYC announces award winners

Manhattan, NY Pay Wu, president of MWBE Unite will claim the top award as IREM NYC’s Real Estate Person of the Year. Randall Powell, CPM, president of IREM NYC said, “We admire Pay and her remarkable career so very much.

BOMA NY leadership forum: state of the CRE market, national and NYC

New York, NY  At  a  BOMA NY hosted leadership forum, experts from Cushman & Wakefield presented a data-packed analysis of the national commercial real estate market and a focus on current CRE conditions in New York City.

Vanbarton Group launches leasing for Pearl House - office-to-residential conversion project designed by Gensler and BDHM

Manhattan, NY Vanbarton Group, a privately owned, vertically integrated real estate development, investment and advisory firm, unveiled the leasing launch for Pearl House, a transformative residential project in the Seaport district. This development represents the largest office-to-residential conversion