Category : Blog

Blog

Huddlewalls, CAVES put builder out front in evolution of construction technology sector

REW
by REW447
Innovative national contractor Suffolk, has unveiled the first of several Smart Labs it is creating to identify and testingnew construction technologies. Located at the company’s new office space at One Pennsylvania Plaza, the lab could help transform the construction experience and revolutionize the industry, according to Chris Mayer, executive vice...
Japanese firm Unizo buys 685 Third Avenue for $467.5M
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Japanese firm Unizo buys 685 Third Avenue for $467.5M

Christian Brazil Bautista
by Christian Brazil Bautista331
Japanese real estate firm Unizo Holding Company has just bought 685 Third Avenue in Midtown for $467.5 million. Unizo, formerly known as Jowa Holdings, bought the property from TH Real Estate, an affiliate of financial planning firm Nuveen. TH Real Estate bought the 31-story, 651,492 s/f in 2010 for $190 million....
AROUND TOWN: Events, seminars, meetings & talks
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AROUND TOWN: Events, seminars, meetings & talks

REW Staff
by REW Staff
MIPIM PropTech Summit Oct. 11: Reed MIDEM and MetaProp NYC announced speakers for the Second Annual MIPIM PropTech Summit to be held during the first two weeks of October throughout the city. In addition to an opening keynote by Al Goldstein, CEO of Avant Inc., other speakers include Ric Clark of Brookfield Asset Management, Sandy …
New era for Mount Vernon
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New era for Mount Vernon

REW Staff
by REW Staff
By Stacey Brayboy, executive director, Mount Vernon Industrial Development Agency For years, developers have been putting shovels in the ground all across the New York metropolitan region, breathing fresh energy and attracting new commercial and residential tenants, while helping to create more vibrant downtown-style residential communities. We see it all around us, from Brooklyn to the Bronx, …
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Stern-designed affordable homes get planning okay

REW Staff
by REW Staff
Robert A.M. Stern Architects, the company responsible for some of New York’s most expensive developments, has designed an affordable building to house homeless and low-income … Continued
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Equity firm completes acquisition of online marketplace, Ten-X

REW Staff
by REW Staff
Thomas H. Lee Partners, a private equity firm, has closed the acquisition of a majority interest in Ten-X, the leading online real estate marketplace. Members … Continued
NYCEDC signs 222,137 s/f lease at Brookfield’s One Liberty Plaza
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NYCEDC signs 222,137 s/f lease at Brookfield’s One Liberty Plaza

Christian Brazil Bautista
by Christian Brazil Bautista1474
The New York City Economic Development Corporation (NYCEDC) has signed a 20-year, 222,137-square-foot lease at Brookfield’s One Liberty Plaza in Lower Manhattan. The lease is for NYCEDC and the the New York City Department of Small Business Services. The two agencies will occupy floors ten to 14 of the 54-story tower....
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N.J. warehouse portfolio sells for $515M amid e-commerce craze

REW Staff
by REW Staff
E-commerce continues to deliver record-setting warehouse sales and leasing in northern New Jersey. Chicago-based Bridge Development Partners (BDP) has sold 10 warehouses, mostly located in the Garden State and leased to e-commerce companies, to industrial giant Duke Realty for $515 million. In addition to that 3.4 million square foot portfolio, a separate deal will send …