Kuwaitiʼs $107M loan for Panasonic purchase
Kuwait-based KFH Capital Investment Company secured a $107.3 million loan for its purchase of the former Panasonic headquarters in Newark. CBRE Capital Marketsâ Debt & … Continued
Category : Blog
Common unwraps its largest co-living space yet at Adam America’s Park Slope building
Co-living firm Common and residential developer Adam America Real Estate have just launched Common Baltic, a co-living space at 595 Baltic Street in Park Slope, Brooklyn. The project, Common’s largest to date, will have the capacity for more than 135 residents. As part of the deal, Common will lease and...
ATCO closes on $108M Garment District office building
ATCO Properties & Management has closed on the purchase of 240-246 West 35th Street, an 18-story building in the Garment District, for $108 million. The 165,000 … Continued
Gerbroe-Hammer brokers $55M sale of New Providence, NJ, apartment community
� Madison Hill Properties has purchased a 232-unit garden apartment community in New Jersey for $55 million. The sale price for New Providence Apartments and Gardens, … Continued
Maloney, Herman celebrate Second Avenue subway boom
Congresswoman Carolyn Maloney and Douglas Elliman CEO Dottie Herman yesterday (Tuesday) hailed news that the long-awaited Second Avenue subway will officially open on January 1, … Continued
Manhattan NYC hotel sold for $217.5M
Patriarch Equities, Sioni Group, and Highgate announced that they have purchased the 618-room Affinia Manhattan NYC hotel through a joint venture. Highgate has also assumed … Continued
Fintech startup Vestwell moving to 215 West 40th St. in the Garment District
Fintech startup Vestwell is moving to Heskel Group’s 215 West 40th Street in the Garment District. Photo via 42Floors Vestwell, which aims to modernize the … Continued
Durst buys Queens site from PMG for $167M, plans 1M s/f apartment tower
The Durst Organization today announced it has acquired the Queens Plaza Park development site at 29-37 41st Avenue in Long Island City, Queens. The site … Continued
IN PICTURES: Stribling & Associates holiday party
Stribling and Associates hosted its annual holiday party at the Doubles Club at the Sherry-Netherland. Guests included Stribling Founder Elizabeth Stribling and her husband Guy … Continued
WHOâS NEWS in residential real estate
Hicham Elkerdoudi Compass announced that agent Hicham Elkerdoudi has joined the company. An expert in new development and investment properties, Elkerdoudi brings 10 years of … Continued