Front Section

Heller and Stein to speak on office-residential conversion and troubled-asset strategies for lenders

Manhattan, NY Everyone talks about converting underutilized outdated office buildings into new badly needed housing. But which buildings are suitable for conversion, and more important, why? Further, does this give office building lenders and borrowers a magic bullet

Broad Street Development expands investment capabilities with new executive hires; Plans to acquire $2 billion in assets

Manhattan, NY Celebrating its 20th anniversary, Broad Street Development (BSD), a multifaceted investor and developer is expanding its investment capabilities with two senior executive hires. Matt Sobel and Ben Kahan have joined the firm as senior managing director and managing director,

Fifth Wall expands capabilities with the launch of Fifth Wall Securities

Manhattan, NY Fifth Wall — a $3billion asset manager investing at the intersection of real estate and technology — launched Fifth Wall Securities, a Financial Industry Regulatory Authority (FINRA) registered broker-dealer. Fifth Wall Securities will focus on delivering high-quality

American Association of Automatic Door Manufacturers' National Automatic Door Day celebrates “Everyday Magic” on March 19

Manhattan, NY Couldn’t everyday use a little magic? Luckily, National Automatic Door Day is coming soon to add some everyday magic to a mundane week. If you’ve ever stepped on the sensor mat for an automatic door, held out your hand, and pretended to open the door with just the power of your

Merchants Capital expands leadership team with two senior executive hires

Manhattan, NY Leading financial services provider Merchants Capital announced the additions of industry veterans Andrew Weil and Justin Ginsberg, both with the title of executive vice president of originations, to lead its fifth

GFP Real Estate signs four leases at The Film Center Building totaling 8,546 s/f

Manhattan, NY GFP Real Estate, LLC has signed four leases at 630 Ninth Ave., also known as The Film Center Building, totaling 8,546 s/f. BOOM Integrated, a media company offering services in public relations, media, branding,

Marcus & Millichap facilitates $13.8 million sale of mixed-use properties

Manhattan, NY Marcus & Millichap completed the sale of 640-644 Tenth Avenue, a 27-unit mixed-use property. The asset sold for $13.8 million. “The property benefits from an attractive tax Class 2B status

City of Yes for Housing Opportunity: Improving the ability to transfer a landmark’s development rights - by Michael Smith and Robert Huberman

New York City real estate owners and developers have long asked us about transferring unused development rights from an individual landmark to a site across the street, through a 74-79 Special Permit

P.W. Grosser Consulting adds 12 new employees

Bohemia, NY Twelve new faces, Jason Blizzard, Maddie Willett, Jerry Feagans, Robert D’Albora, Josh Wessel, Nicholas Diers, Deirdre Ryan, Ashaan Sibley, Jason Mueller, Deborah Teran, Mina Ajmal, and Jacquelyn Baric, have joined P.W. Grosser Consulting

Snøhetta leases 25,000 s/f for new headquarters at 55 Washington St.

Brooklyn, NY According to Two Trees Management Co. design studio Snøhetta has signed a lease for 25,000 s/f at 55 Washington St. Located in DUMBO, Snøhetta’s new headquarters offers the creative space for its dialogue-driven approach to design. With over 150 architecture and