Four-year long legal battle over 587 Fifth Ave. leasehold ends with settlement
The four-year long legal battle over the leasehold at 587 Fifth Avenue in Midtown has come to an end. Developer Asher Zamir and his former … Continued
Category : Blog
Navy Yard powers into New Year
REW Staff
by REW Staff
The Brooklyn Navy Yard has just closed $62 million in loans to refinance its debt through the EB-5 program. The loans came in two separate … Continued
Eastern Consolidated arranges $63.6M Inwood multifamily portfolio sale
REW Staff
by REW Staff
Eastern Consolidated has arranged the sale of the Inwood Portfolio, a 13-building multifamily package in the Inwood section of Manhattan, for $63.6 million. Executive managing … Continued
Report: New York renters reaching breaking point
REW Staff
by REW Staff
Manhattan renters are pushing back against the market, forcing a drop in rents and rising vacancy, according to a new report. The Citi Habitats Rental … Continued
DONE DEALS: Christmas comes early
REW Staff
by REW Staff
City Connection agents Gizella Buligovic and Laki Igrutinovic brought a long-time client an early Christmas gift. The pair moved fast when a FSBO listing in … Continued
Cityâs big-hearted brokers celebrate the season of giving
REW Staff
by REW Staff
As the end of 2016 nears, a year that has been tumultuous in the wake of a polarizing presidential election, devastating overseas conflicts, and celebrity … Continued
CBRE report: Holiday e-commerce returns could top $29B
REW Staff
by REW Staff
Sales beget returns, but e-commerce sales more so. Based on that fact, CBRE Group, Inc., has released a report outlining the methods that retailers use … Continued
Swiss fund buys 119-125 West 25th Street for $150M
REW Staff
by REW Staff
Swiss AFIAA Foundation for Real Estate Investments, a Zurich-based fund, has bought 119-125 West 25th Street in Chelsea for $150 million. Photo via Mancini Duffy … Continued
REBNY members recognized for excellence in development
REW Staff
by REW Staff
By REBNY President John Banks Last week, the Urban Land Institute (ULI) New York announced the finalists for its 2017 Awards for Excellence in Development. … Continued
de Blasio unveils $500M life science plan
REW Staff
by REW Staff
New York Mayor Bill de Blasio has unveiled a $500 million plan to grow the city’s life science sector. Called LifeSci NYC, the program promises … Continued