Category : Blog

Singaporean firm Ascott buys 244-key Doubletree Hilton near Times Square for $106M
Blog

Singaporean firm Ascott buys 244-key Doubletree Hilton near Times Square for $106M

REW Staff
by REW Staff
Singaporean firm Ascott Residence Trust has just bought the 244-key DoubleTree by Hilton Hotel New York – Times Square South for $106 million. The acquisition is the company’s third in Manhattan over the past two years. The company also owns the Sheraton Tribeca New York Hotel and the Element New York Times Square Hotel. The …
Blog

High rents painting Bleecker outlook for retailers

REW Staff
by REW Staff
A local politician is calling for new retail laws after releasing a report that found that one Bleecker Street corridor has an 18.4 percent vacancy … Continued
Blog

Advance JV gets Paramus retail okay

REW Staff
by REW Staff
The partnership of Advance Realty and Invesco Real Estate has received approval from the Borough of Paramus to move forward with its plan to redevelop … Continued
Blog

RECon 2017 may be over, but retail is not

REW Staff
by REW Staff
By David Birnbrey, Chairman and CEO of The Shopping Center Group   Earlier this  week the industry gathered for the annual International Council of Shopping … Continued
Blog

Owner rethinks sale, refinances asset

REW Staff
by REW Staff
Newmark Grubb Knight Frank announced that NGKF Capital Markets, serving as the exclusive advisor to Quality Capital, has secured a $59 million loan on 827-831 … Continued
Blog

Sandy Hook school work praised

REW Staff
by REW Staff
The Connecticut Building Congress (CBC) announced that it will recognize the Town of Newtown, Consigli Construction Co., Inc., Svigals+Partners, and STV|DPM for their collaborative work … Continued
Blog

NYC labor is worldʼs most expensive

REW Staff
by REW Staff
Construction costs in New York are set to rise by 3.5 per cent over 2017, reflecting a major influx of real estate investment and surge … Continued
Blog

Japanese mega-bank signs 100,000 s/f lease in White Plains

REW Staff
by REW Staff
Sumitomo Mitsui Banking Corporation has inked an 101,000 s/f lease at 1 North Lexington Avenue in White Plains, NY. The Japanese multinational banking and financial services … Continued