Category : Blog

De Niro movie studio is a BIG blockbuster
Blog

De Niro movie studio is a BIG blockbuster

REW
The dynamic Bjarke Ingles has stamped his mark on the film industry with a blockbusting “vertical village” film studio backed by Robert De Niro. The adroit Danish crafstman has created what developer Wildflower believes will be the future of modern film and media production on the site of the former...
Normandy, Invesco close $200M refinance at 888 Broadway
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Normandy, Invesco close $200M refinance at 888 Broadway

REW
Normandy Real Estate Partners and Invesco Real Estate have refinanced 888 Broadway with a $200M loan from TPG. Newmark Knight Frank arranged the floating-rate loan. The team was led by Dustin Stolly and Jordan Roeschlaub, Vice Chairmen and Co-Heads of Debt and Structured Finance, along with Nick Scribani, Chris Kramer,...
City building managers drilled in air scrubbing
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City building managers drilled in air scrubbing

REW
New York’s building managers are being drilled on the latest in clean air technology. NYARM, the New York Association of Realty Managers recently began a collaboration with the Richard Ferdinand, managing director of Telemedicine Clean Air Habitats LLC (TCAH). TCHA provides easily installed “air scrubbing” systems that are simple, clean...
Blog

Bell Works adds 16 new tenants to roster

REW
Somerset Development announced 16 new office leases at Bell Works, the revitalizated two-million-square-foot former Bell Laboratories in Holmdel, N.J. The latest office users to join the mixed-use metroburb – a self-contained metropolis in a suburban locale – include advisroy firm, CohnRznick, which leased 18,993 s/f. Somerset Development was represented in...
Blog

Skanska taking sustainability to the worker

REW
Skanska USA has joined the Fitwel Champion Network. Fitwel is the world’s leading certification system for optimizing building design and operations to support human health and well-being. The system was created by the U.S. Centers for Disease Control and Prevention and U.S. General Services Administration, with the Center for Active...
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CHC refiʼs Palm Beach Doubletree

REW
CHC Capital has arranged $19,000,000 for the refinance of the DoubleTree by Hilton in Palm Beach Gardens, FL for Shamin Hotels. The loan was placed with a national lender and offered a 10-year term, 10-years of interest only and a fixed interest rate locked at 3.85%. The 280-key Property was...
Safehold closes on BankNote ground lease as REIT continues push into sector
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Safehold closes on BankNote ground lease as REIT continues push into sector

REW
iStar-backed Safehold Inc. has closed on the $64.5 million purchase of the ground lease for The BankNote Building in The Bronx. The deal is part of an $800 million push into the ground lease sector that includes the $620 million contract to buy the land under 425 Park Avenue ....
Blog

Flushingʼs Tangram Tower office condominium nears sell out

REW
Tangram Tower – Flushing’s office condominium located within the 1.2 million s/f mixed-use Tangram development – has commenced closings and move-ins are now underway, the developers have announced. “We are thrilled to welcome businesses to their new home at Tangram Tower in the new heart of Downtown Flushing in the...