Category : Blog

Blog

Reaching a high point on the Lower East Side

REW Staff
By REBNY President John Banks  New Yorkers should be proud of the progress they can see taking place every day on the iconic Lower East … Continued
Blog

Developers pleased with Essex Crossing reception

REW Staff
Eastern Consolidated presented the New York Multifamily Summit featuring Peter Hauspurg, chairman and CEO, moderating the keynote panel with the developers of Essex Crossing, who … Continued
Blog

Real estate industry ‘in for a shock’ under Trump

REW Staff
The real estate industry may be in for a revamping. According to Richard LeFrak, a real estate executive who is one of President-elect Donald Trump’s … Continued
Blog

Clarion Partners acquires retail portfolio for $218.8M

REW Staff
Clarion Partners, areal estate investment manager, announced the acquisition of an 11-property portfolio of Class A retail centers located in five states across the U.S. … Continued
Blog

Olayan America refinances Sony Building with $570M loan

REW Staff
Olayan America has closed a $570 million loan to refinance the Sony Building. ING Capital led the refinancing as administrative agent. Other lenders for the … Continued
Blog

Walker & Dunlop to acquire mortgage brokerage George Elkins

REW Staff
Walker & Dunlop has agreed to acquire George Elkins Mortgage Banking Company, one of the country’s largest remaining independent mortgage brokers. Elkins has served as … Continued
Blog

City finally acquires 11-acre site to complete planned Bushwick Inlet Park

REW Staff
The de Blasio administration has acquired an 11-acre CitiStorage site necessary to complete the proposed Bushwick Inlet Park. The parcel, which is located on the Williamsburg waterfront, was bought for $160 million. The deal paves the way for the completion of the planned 28-acre park, which has been stalled for 11 years. “Today is the …
Blog

Consumer giant consolidating at BLT property

REW Staff
Henkel Consumer Goods Inc. has leased 135,000 s/f of office space at 200 Elm Street in Downtown Stamford, owned by Building and Land Technology (BLT). … Continued