Category : Blog

Sinha Development has filed plans to build an eight-story luxury apartment building at 128 East 28th Street in NoMad. According to a permit application submitted to the Department of Buildings, the company is looking to construct a 20,413 s/f property. Plans call for 17,332 s/f of residential space spread out between ten apartment units. A …

Greysteel, a national commercial real estate investment services firm, announced the opening of its first New York office in Brooklyn Heights to accommodate the firm’s … Continued

The New York City Housing Authority has filed plans to build a 180-unit affordable housing tower at 405 Dumont Avenue in East New York, Brooklyn. … Continued

In a major boost to Fifth Avenue commercial real estate and the Bryant Park submarket, PBC USA announced a 548,000 s/f lease at its trophy … Continued

Walker & Dunlop, Inc. structured a $13,521,000 acquisition loan for Alexander Pointe, a Class B, garden-style apartment complex in the Jacksonville, Florida suburb of Orange … Continued

Medici Living Group, Europe’s largest co-living provider, has announced it will begin to rent its first co-living spaces in the newly built Quarters-houses located on … Continued

Natixis provided a $250,000,000 fixed-rate, first mortgage CMBS loan to JEMB Realty for the refinance of 75 Broad Street. JEMB Realty purchased the empty, underperforming asset in 1999, and transformed the building into a high-tech office tower. JEMB has begun repositioning the 34-story, 650,000 s/f property, making a substantial investment including the upgrade of the …

Ceruzzi Holdings has arranged $272 million in financing with Zurich-based Credit Suisse AG to refinance the purchase of the ground lease for the Lipstick Building … Continued

Rockefeller Group announced that it has entered into a lease with Deloitte for approximately 98,000 square feet on the 39th and 40th floors of 1221 … Continued

With “disruption” as the theme for the conference, Jonathan Gray, the global head of real estate for private equity giant Blackstone, talked about the changing retail market at NYU Schack’s Annual REIT Symposium last week. Gray, the 47-year-old executive who oversees a real estate portfolio of $102 billion in equity and $200 billion in assets, …