Category : Blog

Blog

Villard Mansion clicks with online retailer

REW Staff
High-end menswear e-tailer, Trunk Club, will open its first store at The Villard Mansion on Madison Avenue on November 1. CBRE Group, Inc. announced today (Tuesday) that it represented the New York Palace Hotel, operated by Northwood Hospitality, in the 26,190 s/f retail lease for the New York flagship store of Trunk Club, an online store bought by Nordstrom earlier this year.
Ratner calling time on Barclays Center investment with offer to sell stake
Blog

Ratner calling time on Barclays Center investment with offer to sell stake

REW
Developer Forest City Ratner is putting its stake in Downtown Brooklyn’s Barclays Center up for sale. The company, which has a 55 percent majority stake in the sports and entertainment venue, opened the popular arena two years ago. According to reports, the center has an annual cash flow of more than $30 million, which puts the value of the venue in the $750 million ballpark.
Blog

Cushman starts life with Pi

REW Staff
Cushman & Wakefield and Spire Ventures are partnering with Pi Labs, Europe’s first property-focused technology accelerator company. Pi Labs was created to assist start-ups focused on property and technology innovation. The program will accelerate the growth of these companies by providing them with access to investment, mentoring and business space....
Blog

Boston buys stake in NYC title co.

REW Staff
Boston National Title, established in 2006 and headquartered in Charlotte, NC, has acquired a stake in New York-based Insignia Title Agency. The acquisition gives Boston National an instant entrée into New York’s high-powered real estate deal flow. Large financial institutions and brokers that already rely on Boston National to perform...
New city brokerage launches
Blog

New city brokerage launches

REW Staff
RLTY NYC has officially launched its operations in New York City. The full-service real estate company will be led by co-founders and principals Emir Bahadir, a multi-generational real estate professional, and Benjamin Benalloul, a developer and real estate executive. The firm will specialize in brokerage, property management and development of...
Suzuki secures construction loan for Gramercy condo
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Suzuki secures construction loan for Gramercy condo

REW Staff
Developer Sam Suzuki has secured an $18 million loan to convert a former Gramercy police precinct into luxury condos. Mortgage Equicap LLC announced this morning (Monday) that it arranged the non-recourse construction loan for a 12-unit condominium conversion near Gramercy Park.
Blog

Fotis has the right recipe for sales success

REW Staff
By Dan Orlando Real Estate was not in Matthew Fotis’s plans when he graduated from Penn State University in 2002. Though he’s now one of … Continued
Blog

NGKF lands Grand Central leasing assignment

REW Staff
Grand Central Station The Metropolitan Transportation Authority has tapped Newmark Grubb Knight Frank (NGKF) retail team to lead the leasing of Grand Central Terminal. NGKF executive … Continued
Blog

REMCO picnic

REW Staff
[imagebrowser id=364] REMCO, the architectural surface restoration and maintenance company, held its company picnic at the Platzl Brauhaus, a corporate picnic and conference center in … Continued
Blog

NEW DEVELOPMENT: Elliman tapped to market Larchmont, 432W52 launches sales

REW Staff
● Lonicera Partners Historic moment in Cobble Hill Stribling Marketing Associates has announced the launch of sales at the eight-unit residential building located at 173 Amity Street in Cobble Hill, Brooklyn. Developed by Lonicera Partners, the 1900-era four-story limestone building is less than a block from Court Street. “173 Amity...