Deals & DealmakersFeatured WHO’S NEWS: This week’s appointments & promotions REW December 30, 2020 December 30, 2020 by REWDecember 30, 2020December 30, 20205522 ech guru joins Jacobs Technion-Cornell Institute; Jack Resnick names new operations boss and; Cushman & Wakefield hires Chief Diversity Officer
FeaturedResidential City sets security deposit changes in motion REW December 30, 2020 December 30, 2020 by REWDecember 30, 2020December 30, 20203312 Issues Request for Expressions of Interest from companies who can provide renters more choices for paying their security deposits.
Debt & EquityFeatured Works starts on Bronx Point as $350M finance package is sealed REW December 30, 2020 December 30, 2020 by REWDecember 30, 2020December 30, 202010439 Public private partnership is transforming dirt tract into a new waterfront community of 1,000 homes
Construction & DesignDebt & EquityFeatured NYCHA bangs out another affordable housing deal with private developer REW December 29, 2020 December 29, 2020 by REWDecember 29, 2020December 29, 202023493 Joy Construction will build $81 million LIHTC development on former NYCHA car park in the Bronx.
FeaturedRetail Are doc’ shops the new high street staple? REW December 29, 2020 December 29, 2020 by REWDecember 29, 2020December 29, 20202900 New report predicts acceleration of trend in high street medical retail as a result of the COVID pandemic.
Debt & EquityFeatured Oaktree throws beleaguered Ashford Hospitality a $350M lifeline REW December 29, 2020 December 29, 2020 by REWDecember 29, 2020December 29, 20205534 Troubled hotel REIT has secured a senior secured term loan for Oaktree, a company majority owned by Brookfield
Deals & DealmakersFeatured ON THE SCENE: This week’s middle market sales REW December 29, 2020 December 29, 2020 by REWDecember 29, 2020December 29, 20202666 Bronx gas station trades for $6 million; JLL brokers $11.4 milliom Upper West Side multifamily sale.
Construction & DesignFeatured New Moynihan Train Hall to open on New Year’s Day REW December 29, 2020 December 29, 2020 by REWDecember 29, 2020December 29, 20204586 The $1.6 billion project is one of New York's most ambitious transportation and infrastructure upgrade in decades.
FeaturedResidential Affordable housing set to collapse like ‘house of cards’ warns RSA REW December 28, 2020 December 28, 2020 by REWDecember 28, 2020December 28, 20209576 Landlord group claims newest eviction moratorium will push the city off the cliff of bankruptcy
Deals & DealmakersFeatured Parking boss acquires $40M Brooklyn office portfolio REW December 28, 2020 December 28, 2020 by REWDecember 28, 2020December 28, 20204312 Kassin Sabbagh Realty announced that Billy Lerner bought 61,400 s/f portfolio of medical office buildings