JLL arranges loan for Morgenstern’s High Line buy
Investor borrows $20 million to fund conversion of legacy properties on High Line doorstep
Category : Blog
Hakimians get in to lending business
Grandsons of company founders branch into capital services sector
Canadians fund $235M construction loan for One Willoughby
Aaron Appel at JLL brokers jumbo loan for JEMB tower with Otéra Capital
NRDC leases 51K s/f at NJ shopping center
National Realty & Development Corp. (NRDC), has announced that 51,400 square feet has been collectively leased at four of its New Jersey shopping centers. Dollar Tree, Old Navy, Ulta and Habitat for Humanity ReStores, have recently signed leases in the following dominant retail centers within their regions. Dollar Tree signed a lease to open a …
Groups join forces to promote industry
Around 30 real estate industry organizations, representing more than 10 million jobs, announced a ground-breaking collaboration to highlight the diverse career paths within the real estate sector . The first initiative of this collaboration is a new website entitled Careers Building Communities, which allows visitors to navigate through the scores of career paths across all …
Production company ditches SoHo for 30,000 sf in Industry City
A Los Angeles-based production company is abandoning its SoHo digs for 30,000 s/f of studio and office space in Industry City. Buck, which also has offices in Sydney, Australia, will move its 50 employees from its current, 11,000 s/f office at 31 Howard Street to the top two floors of...
REBNY: City should be cautious of ballooning payroll
New York City is now in its 109th month of economic recovery since the 2008 recession – the longest period of growth since the Second World War. That growth has powered tremendous gains in our city that are currently benefiting all New Yorkers. However, policymakers must be careful to avoid handicapping the city during the inevitable …
WATCH: REBNY’s John Banks talks affordable housing, rezoning, and property tax reform
Welcome to the July edition of the Nelson Report, a REW video series featuring Avison Young’s Principal, Head of Investment Sales, James Nelson. In this episode, Nelson interviews President of the Real Estate Board of New York, John Banks about changes to affordable housing, rezoning and property tax reform in New York City.
Construction costs rise again, as tariffs increase
Construction costs accelerated again in June, with steep increases for a wide range of building and road construction materials as tariffs against foreign goods come into effect, according to an analysis by the Associated General Contractors of America of new Labor Department data. Association officials say that contractors will have to assume much of the …
Medical facility breaks ground in Jersey
A groundbreaking ceremony was held today for a three-story, 45,735-square-foot state-of-the-art medical office building at the former School of Nursing site across from Hackensack Meridian Health Mountainside Medical Center on the border of Glen Ridge and Montclair, N.J. The highly anticipated project is being developed by The Hampshire Companies with Circle Squared Alternative Investments serving …