Category : Blog

Mehran puts $240M price tag on Flushing retail portfolio
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Mehran puts $240M price tag on Flushing retail portfolio

REW Staff
Cushman & Wakefield has been retained to arrange the sale of a six-property, 171,892 s/f retail-focused portfolio on Main Street in Flushing, Queens. The seller has set a $238 million asking price for the asset package. The portfolio offers approximately 317,121 gross buildable square feet as well as 147,029 gross square feet of current air …
Blog

First office tenant signs at Brooklyn’s biggest development

REW Staff
Brooklyn’s biggest mixed-use development has signed its first office lease. City Point, the 1.8 million s/f mixed-use complex that includes retail, office, and three residential … Continued
Only way is up for resurgent Bronx real estate market
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Only way is up for resurgent Bronx real estate market

REW Staff
You don’t need to be a lifelong Yankees fan like me to have many other reasons to love the Bronx. Last month, Bronx Borough President Ruben Diaz, Jr. hosted the 46th annual Bronx Week, which featured a series of events that showcased why the Bronx is truly a great place to live, work and raise …
$143M High Tech School becoming a reality
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$143M High Tech School becoming a reality

REW Staff
A $143 million new High Tech High School is expected to be open in time for the fall 2018 school year. Hudson County Schools of Technology partnered with RSC Architects to create the new High Tech High School under construction in Secaucus, NJ. The 341,000 s/f school — which will replace the aging, undersized North …
Community board gives thumbs up to Rabsky plan to redevelop old Williamsburg Pfizer site
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Community board gives thumbs up to Rabsky plan to redevelop old Williamsburg Pfizer site

REW Staff
The proposed South Williamsburg mixed-income residential and commercial development – 200 Harrison Avenue – has taken a step forward, as Brooklyn Community Board 1 issued its recommendation to approve the project. The recommendation follows the announcement that the site’s developer, Harrison Realty, will pay the prevailing wage to building service workers, build 287 permanent affordable housing …
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Spector Group debuts design for downtown collectives

REW Staff
Spector Group recently unveiled the design for two new co-working spaces for Bond Collective (previously known as Cowork|rs) located in New York City’s Financial District, … Continued
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Students land jobs on first public private academic cooperation

REW Staff
The first five student interns from Montclair State University’s (MSU) Feliciano School of Business have been chosen to help scout locations for Pristine Sustainable Affordable … Continued
Avanath, Oak Tree score $45.1M loan for 18-building Brooklyn portfolio
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Avanath, Oak Tree score $45.1M loan for 18-building Brooklyn portfolio

REW Staff
Institutional Property Advisors Capital Markets (IPA Capital Markets) has arranged $45.1 million in acquisition financing to purchase an 18-building, 207-unit multifamily portfolio in Brooklyn. Avanath Capital acquired the portfolio for $73 million in a joint venture partnership with New York-based Oak Tree Management last month. The properties are located in Prospect Heights, Crown Heights, Williamsburg, …