Category : Blog

Blog

Chinatown: Manhattan’s next hotel hotspot

REW Staff
� ANDREW POSIL By Andrew Posil, Cushman & Wakefield On an island of soaring property values, Chinatown offers hotel developers in Manhattan the illusive buy-low, … Continued
Blog

JB&B earns AEI nod for Weill Cornell work

REW Staff
Jaros, Baum & Bolles (JB&B)has been recognized for its work on the Weill Cornell Medical College Belfer Research Building. The company won awards in three … Continued
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New Yorkers buy $100M in P2P loans from Money360

REW Staff
An un-named New York investment firm has agreed to buy $100 million in loans from the lending platform Money360. EVAN GENTRY The firm was described … Continued
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Fashion photographers snap up space at 190 Bowery

REW Staff
RFR announced a 29,750 S/F lease at 190 Bowery, the landmarked 1898 architectural icon at the corner of Spring Street and the Bowery, with a … Continued
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Schorsch accused of $1B secret fee scam

REW Staff
Nicholas Schorsch, the former chairman of real estate investment firm American Realty Capital Properties, allegedly orchestrated a hidden scheme that generated $917 million in fees and bonuses, according to new documents filed in a Manhattan court. The complaint accuses Schorsch of charging fees through 47 entities that he controlled, in the process raising $20 billion in assets in two years. He stepped down from his post in ARCP last December in the wake of an internal accounting probe. Representatives for Schorsch declined to comment on the charges.
Blog

Columbus Avenue drawing a new generation of retailers

REW Staff
The Avenue that introduced Silver Palate cuisine to New Yorkers more than 30 years ago is experiencing another renaissance with a blend of unique shops … Continued
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TRANSACTIONS: Meridian Capital, GCP Capital Group and more

REW Staff
Meridian Capital announced the following transactions: • New mortgages totaling $4,000,000 were placed on two four-story multifamily properties composed of 19 units located on West … Continued