Brokers, owners believe Downtown set for another big year
By Holly Dutton It’s all about lower Manhattan in 2015. That’s the verdict from commercial real estate executives, who expect activity downtown to just keep … Continued
Category : Blog
Eastern bags $26M for retail turnaround
Capping off a break-out year with one of its largest retail deals in Q4, Eastern Union Funding’s Eli Breiner negotiated an acquisition loan for Cheltenham … Continued
Crisis averted: Congress extends Terrorism Risk Insurance Act
By Carol J. Patterson & Alana Sliwinski, Zetlin & De Chiara LLP With the advent of 2015, the 114th Congress began its legislative session faced with an immense pressure from the real estate, construction and insurance industries to reauthorize the Terrorism Risk Insurance Act (TRIA). The legislation creates a public-private collaboration guaranteeing federal assistance to …
$750M Elliman team jumps to CORE
CORE announced that Douglas Ellima’s McDonough Hershkowitz Team has joined the firm. HEATHER McDONOUGH Heather McDonough and Henry Hershkowitz are responsible for over $750 million in residential … Continued
Cronut inventor planning second store
By Holly Dutton Cronut-crazed fans of baker Dominique Ansel’s famous hybrid of a croissant and a donut will be disappointed to hear that the food … Continued
ASB pays $82M for Midtown South loft building
ASB Real Estate Investments announced the acquisition of 158 West 27th Street, a 12-story loft office building with 117,158 s/f of space for $82.5 million. … Continued
Owners should never gamble with liquidated damage clauses
ADAM BAILEY By Adam Bailey and Dov Treiman, Adam Leitman Bailey, PC Real estate leases are, by their nature, bets the parties are placing on … Continued
Lawyers sign 400,000 s/f deal at 601 Lex
By Dan Orlando Savills Studley has negotiated and closed a lease extension and space restructuring that will keep the law firm of Kirkland & Ellis … Continued
Grain & Vine to open in Wâburg
Kalmon Dolgin Affiliates, Inc. (KDA) has arranged a 1,200 s/f retail lease for The Grain & The Vine, a wine and spirits shop, at 190 … Continued
Brookfield starts work on Manhattan West apartment tower
Rendering of the new tower Brookfield Property Partners announced that construction has begun on a 62-story residential tower at Manhattan West that will contain 844 units … Continued