Category : Blog

Blog

HAVE YOU HEARD? Hotel magnate selling $14M townhouse

REW Staff
TOWNHOUSE experts Leslie J. Garfield & Co. are listing a one-of-a-kind Upper West Side townhouse for $14.25 million.Owned by hotel magnate Sam Domb, the five-story house at 318 West 81st Street (pictured top) , was built in 1898. After being used as a rental for several years, Domb had it gutted and turned into a …
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Durst tops out first building at Hallets Point development

REW Staff
The Durst Organization last week topped out Building One at Halletts Point in Astoria, Queens. The event honors and thanks the workers, construction and engineering … Continued
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Beer hall coming to Times Square

REW Staff
A new beerhall-type concept is coming to Times Square as retail rents in the worldʼs busiest tourist trap continue to take a battering. Veteran hospitality … Continued
L+M Development, HPD file plans for 119-unit housing complex in Far Rockaway
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L+M Development, HPD file plans for 119-unit housing complex in Far Rockaway

REW Staff
L+M Development Partners and the New York Department of Housing and Development have filed plans for the second phase of the Beach Grand Dunes housing project in Far Rockaway, Queens. According to a permit application filed with the Department of Buildings, L+M and HPD are planning to build a 119-unit affordable housing complex at 45-19 …
Related JV secures $1.5B loan for 50 Hudson Yards
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Related JV secures $1.5B loan for 50 Hudson Yards

REW Staff
Related Companies, Oxford Properties Group and Mitsui Fudosan America have secured a $1.5 billion construction loan for 50 Hudson Yards, bringing the total financing for the 58-story office tower to $3.8 billion. The tower, located at the corner of 33rd Street and 10th Avenue, will be the fourth largest commercial building in New York City. …
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Law firms Ballard Spahr, Lindquist & Vennum agree to merger

REW Staff
Ballard Spahr and Lindquist & Vennum have agreed to a merger that will create a 650-strong law firm with 15 offices nationwide. Joining with Am … Continued
Rovt taps CBRE to take over leasing at 14 Wall Street
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Rovt taps CBRE to take over leasing at 14 Wall Street

REW Staff
CBRE has taken over leasing at 14 Wall Street. The firm, which served as the leasing agent for the landmarked property under previous owners Capstone Equities and the Carlyle Group, has been called back in by fertilizer tycoon Alex Rovt. Brad Gerla, Jonathan Cope, Paul Walker and Eric Kleinstein won the assignment for the one …
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MJ Orbach lands $66M mortgage for 27 West 24th St. in the Flatiron District

REW Staff
Brooklyn-based MJ Orbach Associates has closed a $66 million Signature Bank loan for 27 West 24th Street, property records show. The deal consolidates four notes on the property into a single first mortgage.  The debt carries an interest rate of 4.375 percent, according to loan documents. Recent lease deals in the 11-story office tower involve …