Category : Blog

Blog

Arbor finances $25M in tri-state deals

REW Staff
by REW Staff
Arbor Commercial Funding, LLC, has funded eight loans totaling $25,255,000 across the country under a variety of loans, including the Fannie Mae Delegated Underwriting & Servicing (DUS®) Loan and Fannie Mae DUS® Small Loan product lines. These loans include: * 103 Chancellor Avenue Apartments, Newark, NJ – This 108-unit multifamily property received $7,000,000 funded under the …
Blog

NHL Hall-of-Famer to lead Bronx ice center development

REW Staff
by REW Staff554
NHL Hall-of-Famer Mark Messier, who led the New York Rangers to a Stanley Cup in 1994, has been named Chief Executive Officer of the Kingsbridge National Ice Center in the Bronx, which will be the world’s largest ice sports facility when complete.  As CEO, Messier will oversee the development and...
Blog

ON THE SCENE: Highcap sells two W’burg sites; Goldstein sells Cantena

REW Staff
by REW Staff
Christen Portelli Highcap Group announced the sale of two development sites in Williamsburg. Christen Portelli, managing principal, and Guy Bazanos, sales associate, represented both the … Continued
Blog

The bricks are back: Apartment boom sends numbers north

REW Staff
by REW Staff
Apartment building is up 45 percent since this time last year. A New York Building Congress analysis of McGraw-Hill Construction Dodge data finds that $7.9 … Continued
Construction firms report dearth of qualfied workers
Blog

Construction firms report dearth of qualfied workers

REW Staff
by REW Staff
Nearly three-fourths of construction firms across the country report they are having trouble finding qualified craft workers to fill key spots amid concerns that labor shortages will only get worse, according to the results of an industry-wide survey released today by the Associated General Contractors of America. Association officials called for immigration and education reform …
Blog

Report: Tax plan attracts foreign cash

REW Staff
by REW Staff
Proposed changes to the Foreign Investment in Real Property Tax Act (FIRPTA) could increase potential foreign investment in gateway markets such as New York and … Continued
Blog

Norwegians take a $700M bite out of Big Apple

REW Staff
by REW Staff
By Linda O’Flanagan New York’s real estate community sat up and took notice of the Scandinavian kingdom of Norway today (Tuesday). TIMES SQUARE TOWER Boston … Continued
Blog

Malkin says no to ESB offers

REW Staff
by REW Staff
By Sarah Trefethen EMPIRE STATE BUILDING Malkin Holdings wants to go ahead with the IPO of a portfolio of New York buildings that includes the … Continued