Category : Blog

Blog

Heidenberg, SREP partner on $36M suburban retail buy

REW Staff
A joint venture partnership between Heidenberg Properties Group and Strategic Real Estate Partners (SREP) announced the $35.9 million acquisition of The Potomac Marketplace in Ranson, West Virginia. The 370,000 s/f shopping center is anchored by a Weis Supermarket, Home Depot, Kohl’s, and Petco. It is 92 percent occupied and has approximately 51,000 square feet of …
City cranks up the heat on ICE-threatening landlords
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City cranks up the heat on ICE-threatening landlords

REW Staff
The city has charged a Queens landlord with making immigration threats against foreign-born tenants. In March, the city’s Human Rights Commission served the landlord a notice of the complaint alleging discrimination after Make the Road NY brought the case to the Commission. In his response letter to the Commission, the landlord denied the allegations and …
Change in the wind at 30 Broad as Tribeca Associates makes green power play
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Change in the wind at 30 Broad as Tribeca Associates makes green power play

REW Staff
Tribeca Associates has converted its utility usage at 30 Broad Street in the Financial District to 100 percent Green-e certified wind power, making the 85-year-old building energy efficient. Tribeca Associates purchased the property last year and immediately embarked on an extensive repositioning program. While the use of green power and energy efficient building methods have …
Blog

Report: Private equity real estate deals rebound to $63B

REW Staff
The private equity real estate industry saw 887 deals recorded in the second quarter of 2017, worth a combined $63 billion. Industry analysts at Prequin … Continued
REBNY offers city proposal to increase construction safety
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REBNY offers city proposal to increase construction safety

REW Staff
REBNY is committed to supporting greater construction safety in New York City by helping to ensure that workers are protected and properly trained. We recognize that a safer construction industry means a stronger real estate industry, especially at a time of so much new residential and commercial development across the city. We appreciate that Mayor …
Blog

IN PICTURES: Ladders for Leaders interns meet CRE experts

REW Staff
Some of the industry’s leading executives met with interns from the cityʼs Ladders for Leaders paid summer jobs program Monday night at REBNY headquarters in Manhattan. The purpose was to give Ladders for Leaders and Career and Technical Education (CTE) Industry Scholar interns the opportunity to receive advice from industry professionals on how to build …