Category : Blog

National model for co-locating housing and healthcare opens in Brooklyn
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National model for co-locating housing and healthcare opens in Brooklyn

REW Staff
CAMBA Housing Ventures (CHV) and CAMBA have opened CAMBA Gardens Phase II (CGII), the $100 million LEED Gold sustainable, supportive, and affordable housing development in the Wingate section of Brooklyn. A national model for co-locating housing and healthcare, CGII is a continuation of the CAMBA Gardens Phase I (CGI), completed in October 2013, which created …
Douglas Elliman acquires two branches of Space Marketing Shop
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Douglas Elliman acquires two branches of Space Marketing Shop

REW Staff
Douglas Elliman has bought out the Brooklyn and Long Island City branches of boutique real estate firm Space Marketing Shop. Space, which was co-founded in 2011 by Edward Cho and Aran Scott, focuses on high-end residential real estate where they have closed more than $500 million in sales and handle a team of 30 agents. …
Procida composes deal for recording landmark
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Procida composes deal for recording landmark

REW Staff
Procida Funding announcea a $5,500,000 acquisition loan by its 100 Mile Fund to Millennial Place, LLC for the acquisition, marketing, rehaband lease-up of Camden’s historic RCAVictor world headquarters. Located at at 201 N. Front Street, the office building was constructed along Camden’s Delaware River waterfront in 1916, and was originally known as Building #2 on …
Mesirow takes $400M gamble on casinos
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Mesirow takes $400M gamble on casinos

REW Staff
Mesirow Financial has completed the sale-leaseback of three Gateway Casinos & Entertainment Limited properties in Vancouver. Gateway is one of the largest and most diversified gaming and entertainment companies in Canada. The three acquired properties include the Grand Villa Casino Burnaby, Starlight Casino New Westminster and Cascades Casino Langley. Under the agreement, Mesirow Realty Sale-Leaseback …
Catsimatidis compares apples to oranges as New Yorkʼs mean streets spit out more regulations, higher taxes
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Catsimatidis compares apples to oranges as New Yorkʼs mean streets spit out more regulations, higher taxes

REW Staff
Supermarket titan John Catsimatidis is trading in the Big Apple for Florida oranges. The one-time mayoral candidate and chairman of the Red Apple Group said bureaucratic pemitting processes and heavy taxes in New York are driving many investors to the Sunshine State. At the Real Estate Board of New York Residential Management Awards breakfast last …
DONE DEALS: Kern closes Sting sale
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DONE DEALS: Kern closes Sting sale

REW Staff
Sting, one of the world’s best-selling music artists, and wife, Trudie Styler, just closed on their penthouse home at 15 Central Park West for $50 million. It was listed with Corcoran’s Deborah Kern. Sting and Trudie were among the first buyers at 15 Central Park West, picking up PH 16-17B for nearly $27 million in …
Nooklyn opens shop in Manhattan
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Nooklyn opens shop in Manhattan

REW Staff
Tech startup Nooklyn is opening its first storefront in Manhattan. The upstart firm has become one of the biggest agencies in Brooklyn since launching in 2015. Offering a platform with listings, rental applications, background checks, rent payment and room-mate assistance, Nooklyn sees 49,000 searches every month, according to the firm. Its first storefront in Manhattan …