Category : Blog

Corcoran agents Jonathan Schulz and Jason Miller just closed on a text-book deal in Park Slope. The pair called in an interior designer to “declutter” the two bedroom, 2-bath duplex at 708 Degraw Street, and they priced the new construction for its first re-sale at a “tight” $1.495 million. The result was multiple offers and …

● CARMEL PARTNERS 19 Dutch makes its debut Carmel Partners has introduced 19 Dutch, a 770 ft. glass tower designed by GKV Architects with interiors by Colum McCartan. The only new construction rental development being introduced this year in the Financial District,, the tower has 483 studios to two-bedrooms with floor-to-ceiling windows, cerused oak flooring …

Halstead has opened its newest Brooklyn office, a 2,000 s/f space at 1191 Bedford Avenue in Bedford Stuyvesant. The new office, Halstead’s eighth in the borough, is part of the firm’s ongoing strategic growth in the borough, where it has more than quadrupled its staff and square footage over the last five years. “Halstead’s Brooklyn …

RFR Realty announced a lease expansion with Temasek at 375 Park Avenue – Seagram Building. The Singapore-based global sovereign wealth fund with a portfolio of approximately $197 billion, expanded its lease to approximately 23,000 s/f. Founded in 1974, the company has 11 offices around the world including London; Beijing; Washington,...

SG Blocks, specialists in container-based structures, has signed a master services agreement with Grimshaw Architects. Under the terms of the agreement, SG Blocks will incorporate Grimshaw as its premier design partner across its current projects and pipeline of future opportunities. In return, the partnership will allow Grimshaw to incorporate SG...

The city has broken ground on the Blake Hendrix development in East New York. Developed by Shelter Rock Builders, the project will create 30 new homes for moderate-income and low-income New Yorkers. Sun Rock Development, the Community Preservation Corporation (CPC) and Goldman Sachs are partners on the projec , which is being financed through HPD’s …

JLL arranged $251 million in equity and debt for CBSK Ironstate for the acquisition and development of 646 11th Avenue, a luxury condominium development planned for Hell’s Kitchen. The firm raised $70 million in equity from an institutional investor and secured $181 million in construction financing from Deutsche Bank AG. Vice Chairman Aaron Appel, Managing …

Avison Young announced the strategic hiring of asset management specialist Michael Sullivan. Sullivan becomes a Principal of Avison Young and will lead the company’s asset management practice, including property and facilities management, in the New York City region. Currently, Avison Young has more than three million square feet of space under management across the region. …

Thornton Tomasetti, the international engineering consultancy, has agreed to acquire MMI Engineering, the technical consulting specialist focused on the risk management of man-made and natural hazards across the oil and gas, nuclear, utilities and infrastructure sectors. The deal is scheduled to close later this month. MMI delivers solutions across the full project lifecycle for clients …