Investment manager takes pre-built space at 10GC
Marx Realty (MNPP) announced that investment management firm Rubric Capital signed a 5,800 s/f, seven-year lease on the 16th floor at 10 Grand Central. Rubric
Category : Deals & Dealmakers
Commercial sales and leases are the lifeblood of the city’s retail and office markets, and the men and women who close the deals represent the most powerful entities in the world.
WeWork tells investors it can beat virus
Coworking giant WeWork has promised investors it has the cash to survive the corona virus crisis and called reports it was shedding workers and trying
Compass sheds 375 workers
Compass CEO Robert Refkin has stopped taking a paycheck after the venture capital-backed real estate firm laid off 375 workers. In a company-wide letter issued
Landlords brace for rent day massacre
Braced for a deluge of rent defaults some 25,000 New York City landlords are asking Mayor Bill de Blasio for payment forgiveness on property tax
SELLING POINTS: 60 Guilders selling triplex; Fairstead buys Sect. 8 complex
60 GUILDERS SELLING MIDTOWN TRIPLEX Douglas Elliman and developer 60 Guilders have just brought to market a $35.68M triplex commercial condo at 20 West 33rd
New Yorkers give Cuomo tops marks on handling COVID-19
New Yorkers overwhelmingly approve of the job Governor Andrew Cuomo is doing to address the coronavirus pandemic, 87-11 percent. They also give overwhelmingly high marks
Deutsche Bank blinks on Chetrit loan
SL Green’s $815 million deal to sell the former New York Daily News building has collapsed. The REIT had already secured a $35 million deposit
Longtime owner sells Hoboken portfolio for $189M
In one the largest single sales of mixed-use properties along on the New Jersey waterfront, Federal Realty has acquired 37 mixed-use buildings in Hoboken, New
Kaufman JV acquires Midtown South building for $48.5M
The Kaufman Organization, in partnership with AXA Investment Managers has acquired 56 West 22nd Street for $48.5 million. It marks the second transaction completed by AXA
Urban American sells 400-unit multi-family portfolio
Urban American Management, and its partner Dixon Advisory, has sold a 400-unit multifamily portfolio for $65 million. Gebroe-Hammer Associates arranged the trade of properties located