Category : Blog

Blog

City adds 10M s/f of cool roofs

REW April 24, 2019 April 24, 2019

by REWApril 24, 2019April 24, 20191655

NYC Department of Small Business Services Commissioner (SBS) Gregg Bishop announced that a City sustainability initiative has installed over 10 million square feet of energy-saving rooftops since it launched in September 2009. The initiative, called NYC °CoolRoofs, installs a white, reflective coating on buildings in heat vulnerable neighborhoods to reduce...

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Hidrock refiʼs Garment District wallflower

REW April 17, 2019 April 17, 2019

by REWApril 17, 2019April 17, 20191335

Holliday Fenoglio Fowler and Hidrock Properties announced $32 million refinancing for 35 West 36th Street, a 12-story, 77,880 s/f office building in the Garment District. HFF placed the three-year, floating-rate loan through Ladder Capital Finance. Originally built in 1911, 35 West 36th Street is a 12-story, loft-style building with 70,800...

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Insurance co. relocates HQ to Fosunʼs 28 Liberty

REW April 5, 2019 April 5, 2019

by REWApril 5, 2019April 5, 20192570

Fosun Hive Holdings announced that SCOR, a global reinsurance company, has leased 75,000 s/f on the 53rd and 54th floors of 28 Liberty Street, the landmarked office tower in Lower Manhattan. The Paris-based company is relocating its New York City headquarters from 199 Water Street. “28 Liberty is a world-class...

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TD Bank funds $75M refiʼ for Quinlan, Lonicera luxury condo development

REW April 3, 2019 April 3, 2019

by REWApril 3, 2019April 3, 20191861

Cushman & Wakefield served as the exclusive advisor to Quinlan Development Group & Lonicera Partners in the procurement of $75 million in a refinancing for The Lane at Boerum Place, a 133,387 s/f newly constructed luxury residential and retail building in Brooklyn. The refinancing was provided by TD Bank. A...

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Capstack arranges financing for LICʼs Ravel Hotel

REW March 13, 2019 March 13, 2019

by REWMarch 13, 2019March 13, 20191569

CapStack Partners has arranged a $19 million mortgage for The Ravel Hotel in Long Island City. The 10-year fixed-rate loan will be used to refinance construction costs and the prior mortgage that was previously arranged by CapStack. “The developer recently completed the hotel’s expansion — doubling the room count, creating...

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First rental to open at Durst’s Halletts Point has all elements for community-building

REW March 1, 2019 March 1, 2019

by REWMarch 1, 2019March 1, 20194075

A newly opened building at the mixed-use development, Hallets Point, is helping to transform Astoria from a residential outpost to a point-of-interest.

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A new campus for makers and doers in one of the fastest-growing regions of the United States

REW February 27, 2019 February 27, 2019

by REWFebruary 27, 2019February 27, 2019217

Work on Emerald Workshops, a new mixed-use campus of customizable units in Frederick, Colorado, is now underway.

Blog

AROUND TOWN: This week’s top real estate events

REW February 27, 2019 February 27, 2019

by REWFebruary 27, 2019February 27, 20192165

International Women's Month gets underway with a plethora of events focused the real estate industry's leading ladies; Lawyers talk cannabis and bakers convene in Atlantic City.

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BOMA to honor industry leaders at annual gala

Linda O'Flanagan February 26, 2019 February 26, 2019

by Linda O'FlanaganFebruary 26, 2019February 26, 20191488

Among the buildings vying for recognition and a chance to represent the city at a national and international level are SL Green's Art Deco 11 Madison Avenue and Vornado's 90 Park Avenue.

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Cushman & Wakefield brokers HQ lease at 140 Bʼway

REW February 22, 2019 February 22, 2019

by REWFebruary 22, 2019February 22, 20193821

Cushman & Wakefield arranged a long-term lease for The Wallace Foundation at 140 Broadway in Lower Manhattan. The Foundation will occupy the entire 49th floor, totaling 26,206 s/f as its new headquarters. Cushman & Wakefield’s Andrew Chase, Carri Lyon and Wes Rudes represented the tenant, and the firm’s Robert Constable,...