Skanska awarded $365M contract for final phase of Croton-Harmon Yards project
The MTA and Metro-North Railroad, selected the Skanska-ECCO Joint Venture to complete the final phase of the Croton-Harmon Shops and Yard complex rebuild.
Category : Blog
International Finance Bank to lease custom space at 623 Fifth Avenue
Cresa New York’s Peter Sabesan, and Daniel Taormina arranged a 10-year lease for the privately-held member of the Grupo IF network.
Parker New York hotel trades for $420M
Hedge fund Elliott Management Corporation has partnered with GFI Capital Resources Group to renovate the hotel and turn part of it into condos
Market leader to open first branded space on cityʼs west side
Urbanspace, an operator immersive public markets, is opening its third food hall in New York City at 787 Seventh Avenue. The market purveyor inked a retail lease across three levels at the Class A office tower, located on 52nd Street. Urbanspace plans to open its newest location in the fall...
UK magazine group on the move
Marx Realty announced 14,200 s/f of new leases at 10 Grand Central, at 155 East 44th Street. The U.S. division of UK-based weekly news magazine The Week leased the entire 12,000 s/f 22nd floor in a 10-year deal while communications consultants, Montieth & Company, took a 2,200 s/f pre-built on...
Hofstra brings Breslin into legal fold
Hofstra University is expanding its law program to meet demand for more attorneys skilled in navigating the challenging and changing real estate market. The Wilbur F. Breslin Center for Real Estate Studies will become part of the Maurice A. Deane School of Law at Hofstra University as part of an...
Yonkers IDA approves incentives
Yonkers Industrial Development Agency (IDA) has approved resolutions of intent to provide financial incentives for three major residential projects worth more than $391 million. The three projects are expected to create 1,300 construction jobs and add 1,000 new units of rental housing to the city. Two of the projects are...
Georgetown secures $410M from SocGen to refinance 787 Eleventh Avenue
Investors in the project include Arnold Schwarzenegger, LeBron James and Jimmy Iovine.
New bill calls for more pay, training for construction workers
A new bill proposed in City Council aims to secure better pay for construction workers on projects receiving government subsidies.
GS Wilcox arranges $170M in NJ apartment, warehouse loans
Lending company founded by Lutherans antes up aggressively prices loans