Category : Blog

In residential real estate, art and commerce have formed a partnership for the pursuit of profit. While numerous punk songs would attest that the two sides are each other’s antithesis, many projects across the city are leveraging the attractiveness of visual art, even though residents may only have a shallow understanding of what they’re looking …

Silverrock Development has filed plans to build a luxury apartment building at 2262 Frederick Douglass Boulevard in South Harlem. According to a permit application with the Department of Buildings, Silverrock, which is based in Long Island City, is looking to build a 14,591 s/f building with 14 apartment units. The planned nine-story building will have …

Queens investor Karan Singh has secured a $34.7 million loan for his acquisition of Kushner Companies’ Astoria portfolio. According to lender Greystone, the financing covers three of the four buildings in the Kushner portfolio. The addresses for the properties are: 21-30 38th Street, 23-05 30th Avenue and 23-15 30th Avenue. “Orchestrating these near-simultaneous transactions in …

AGENTS CBRE Group Inc. announced that it has been named the exclusive leasing agent for the Midpoint Logistics Center, the 700,000-square-foot Class A industrial property … Continued

Hotel REITs RLJ Lodging Trust and Felcor Lodging Trust have agreed to a $7 billion merger, creating the third biggest pure-play lodging REIT by enterprise … Continued

Equity Office has signed a new lease with investment advisory firm Cyrus Capital Partners L.P. to move its headquarters to 23,356 s/fat Park Avenue Tower, … Continued

CBRE CBRE arranges Chappaqua retail venture Jeffrey Dunne, Kyle Juszczyszyn and David Gavin of CBRE’s National Retail Partners represented The Grossman Companies and Summit Development … Continued

Blackstone  Mortgage  Trust and Walker & Dunlop (NYSE: WD) have entered into a joint venture to originate, hold and finance multifamily bridge loans. Walker & … Continued