Category : Blog

Blog

Lightstone names design winners

REW Staff
The Lightstone Group announced the winners of its “Space Forward: Ideas Competition.” Designed in conjunction with its branding partner CO OP, the competition was created … Continued
Blog

Arbor Realty Trust nets $58M on 5 Manhattan West

REW Staff
Arbor Realty Trust, Inc. (NYSE:ABR) announced the recognition of a $58 million net gain related to its investment in the 450 West 33rd Street property. … Continued
Blog

Tuned in, turned on at 7 Bryant Park

REW Staff
Hines announced that 7 Bryant Park, its 30-story, 470,000 s/fsignature office tower, has earned the distinction of becoming the first Wired Pre-Certified building in New York City, earning a Platinum certification — the highest attainable. The certification follows a third party audit by technicians from WiredNYC, a program developed by the New York City Economic …
Blog

Taconic, Thor lease 837 Washington to Samsung

REW Staff
Samsung Electronics North America has signed a long-term lease for the entirety of 837 Washington Street in the Meatpacking District, company executives from developers Taconic Investment Partners and Thor Equities announced. “837 Washington Street is an iconic building in New York’s most dynamic and prolific neighborhood,” said Thor Equities CEO Joe Sitt. “Situated on one …
School deal takes 40 Wall to best in class
Blog

School deal takes 40 Wall to best in class

REW Staff
A decision by the Trump Organization to keep 40 Wall an office building in the face of the residential conversion current that swept downtown has paid off. Last week, the Pine Street School officially opened an 85,000 s/f facility on three floors of the building. Working with a team from Cushman & Wakefield led by Jeffrey Lichtenberg and Jared Horowitz, Don Trump Jnr. has brought the landmark 1.3 million square-foot tower to almost full occupancy in the past two years.
Blog

No. 7 extension and other transit options to get NYC out of a jam

REW Staff
By Steven Spinola In a city with more than eight million people, and another million expected by 2040, we need to focus on New York’s transit system and how important it is to our future. Our trans-Hudson transportation is in dire need of attention. New York City’s population has almost...
Mack-Cali inks 120,000 s/f lease with United Water
Blog

Mack-Cali inks 120,000 s/f lease with United Water

REW Staff
Mack-Cali Realty Corporation (NYSE: CLI) today announced that United Water Management & Services, Inc., a sustainable water and wastewater management solutions provider, has signed a new 20-year, 116,360 s/f lease at Mack-Cali Centre VI, 461 From Road, in Paramus, New Jersey. Located in the heart of Bergen County, Mack-Centre VI—a five-story, 253,554 s/f office building—is 86.5...
Blog

Continental Portfolio refi ’

REW Staff
Meridian Capital Group negotiated a $45 million loan to refinance the Continental Portfolio consisting of 13 multifamily properties located throughout the Bronx, NY. The five-year balance sheet loan features a competitive LIBOR-based rate and was provided by a local community bank. This transaction was negotiated by Meridian Capital Group managing...
William Raveis to offer StreetEasy listings
Blog

William Raveis to offer StreetEasy listings

REW Staff
William Raveis New York City, the City's newest residential real estate firm and the 100th office of the largest family-owned real estate company in the Northeast, today announced that it will offer StreetEasy's NYC listings. The news comes on the heels of the Real Estate Board of New York (REBNY) decision to introduce IDX – Internet Data Exchange – for the REBNY Listing Service (RLS). And Douglas Elliman Real Estate signed a deal with Zillow - parent company of StreetEasy - to get its 9,000 listings prime space on its network.