Category : Blog

Blog

City announces construction of new LES ferry landing

REW Staff February 28, 2018 February 28, 2018

by REW StaffFebruary 28, 2018February 28, 2018

The mayor announced today the start of construction for the Lower East Side’s new dock as part of the NYC Ferry Service. The Lower East Side dock at Corlears Hook, alongside the upcoming ferry landings at East 90th Street, Stuveysant Cove, and Soundview in the Bronx, are expected to be completed by the summer. The …

Blog

WHO’S NEWS: Residential appointments and promotions

REW Staff February 23, 2018 February 23, 2018

by REW StaffFebruary 23, 2018February 23, 2018

New rental manager at Citi Habitats; All-women firm founded

Blog

Kaufman Organization’s George Kaufman dead at 89

REW Staff February 22, 2018 February 22, 2018

by REW StaffFebruary 22, 2018February 22, 2018

George, an icon of the New York City real estate industry, dedicated over 60 years to the Kaufman Organization, establishing the firm’s presence as a premier commercial office landlord and overseeing the successful development and management of numerous properties throughout the city.

Blog

Canadian bank funds $300 million tower buy

REW Staff February 22, 2018 February 22, 2018

by REW StaffFebruary 22, 2018February 22, 2018

Canada’s biggest bank anted up $297 million for Northwood Investors’ acquisition of the historic 1180 Avenue of the Americas last week. NKF Capital Markets arranged financing for the $305 million purchase from Chinese conglomerate HNA Group, which has been selling off assets faster than it bought them on its run on the global real estate …

Blog

Union Investment buys Meatpacking retail condo for $88 million

REW Staff February 21, 2018 February 21, 2018

by REW StaffFebruary 21, 2018February 21, 2018

An investment arm of DZ Bank purchased a retail condo in the Meatpacking District for $88 million. Union Investment, an affiliate of DZ Bank, bought the retail condo at 412 West 14th Street for $4,900 p/s/f. A Cushman & Wakefield team led by Adam Spies, Kevin Donner and Marcella Fasulo brokered the sale of the …

Blog

Zar Group gets $210M refi loan for Broadway tower

REW Staff February 21, 2018 February 21, 2018

by REW StaffFebruary 21, 2018February 21, 2018

The Zar Group has refinanced 1450 Broadway with a $210 million loan from Goldman Sachs Bank USA.

Blog

TRANSACTIONS: Meridian assembles 2 $19M loans

REW Staff February 21, 2018 February 21, 2018

by REW StaffFebruary 21, 2018February 21, 2018

Also, GCP Capital Group put together more than $40 million in financing, Eastern Union Funding issued a $7.5 million refinancing mortgage lien in Philadelphia, and more transactions from the past week.

Blog

McSam gets $16.5M loan for Long Island City hotel

REW Staff February 21, 2018 February 21, 2018

by REW StaffFebruary 21, 2018February 21, 2018

Madison Realty Capital (MRC) provided a $16.50 million acquisition and construction financing package collateralized by a partially-constructed hotel development in Long Island City, Queens.

Blog