Category : Blog

Blog

Hunt gets new real estate moniker

REW Staff
by REW Staff
Hunt Mortgage Group has officially changed its name to Hunt Real Estate Capital. “We changed our name to better reflect the full extent of products and services we offer clients nationwide,” commented James P. Flynn, President and Chief Investment Officer at Hunt Real Estate Capital. “We now provide the full suite of financing arrangements across …
As furor over anti-Islam rhetoric abates, Arab nations spend more on US homes
Blog

As furor over anti-Islam rhetoric abates, Arab nations spend more on US homes

REW Staff
by REW Staff
International investment, in both the national real estate market and New York City specifically, has been on the decline this year, thanks to shifting geopolitics. Despite rising property values nationwide, year-over-year sales fell from $153 billion to $121 billion, according to a study released by the National Association of Realtors last month, accounting for a …
WHO’S NEWS: The latest residential appointments and promotions
Blog

WHO’S NEWS: The latest residential appointments and promotions

REW
by REW324
Jodi Biernacki, Relocation Manager at Daniel Gale Sotheby’s International Realty, recently became a Certified Relocation Professional (CRP), earning the highest designation of expertise in the relocation industry. Biernacki joins a select group of professionals — she is one of a just a few on Long Island who have passed a...
DONE DEALS: Carnegie co-op record
Blog

DONE DEALS: Carnegie co-op record

REW
by REW333
Stribling agents Bahar Tavakolian and Ido Friedman have arranged the largest co-op sale in Carnegie Hill since 2014. Unit 14L at 1125 Fifth Avenue, closed last week for $19 million. According to Stribling’s most recent Manhattan Market Report, the average price for a four-plus bedroom co-op was $5,939,716. The sale...
Brother-sister broker duo find success joining forces
Blog

Brother-sister broker duo find success joining forces

REW
by REW3117
Real estate dynasties are ingrained in the fabric of real estate in New York City, from commercial to residential. Sons and fathers, mothers and daughters, even husband and wife teams can be found in every firm. But a brother and sister team? Team O at the Level Group may be...
Carlyle Group moving to One Vanderbilt
Blog

Carlyle Group moving to One Vanderbilt

REW Staff
by REW Staff
SL Green Realty Corp. has signed a 15-year lease for 94,367 s/f on floors 36-38 at One Vanderbilt Avenue, the 1,401 ft. office tower in East Midtown. One Vanderbilt is now 37 percent leased, meeting SL Green’s end-of-year leasing goal five months early. The Carlyle Group joins a roster of top-tier finance, banking and law …
Blog

Emeral Creek provides $11M construction loan for Boreum Hill apartments

REW Staff
by REW Staff
Emerald Creek Capital has provided $11.5 million in construction financing for a mixed-use Boreum Hill development. Managing directors Jeff Seidler and Mike Cleaver originated the 24-month loan arranged by Equicap. Located on a 7,161 s/f site at 264 Pacific Street, the loan is secured by a to-be-completed seven-story mixed-use building totaling 22,502 s/f. The project …