Category : Featured

Macquarie Group Signs 221,000 s/f Office Lease at Brookfield’s 660 Fifth Avenue
Featured

Macquarie Group Signs 221,000 s/f Office Lease at Brookfield’s 660 Fifth Avenue

REW
by REW5170
Brookfield Properties today announced that global financial services company Macquarie Group has signed a lease within its fully redeveloped Class A office tower at 660 Fifth Avenue in Midtown Manhattan. The firm will occupy 221,764 square feet over six floors, in addition to having a private lobby entrance on both...
118 East 1st Street Begins Sales for Four Townhouse-Style Duplexes in All-Electric Building in Manhattan’s East Village
FeaturedResidential

118 East 1st Street Begins Sales for Four Townhouse-Style Duplexes in All-Electric Building in Manhattan’s East Village

REW
by REW4337
Sales have begun for 118 East 1st Street, a collection of four townhouse-style duplexes with direct, keyed elevator access and private outdoor spaces in the heart of Manhattan’s East Village. Brown Harris Stevens Development Marketing is handling exclusive marketing and sales, with Anna Shagalov and Bo Poulsen leading sales. Sustainably built with...
Daniel Gale Sotheby’s International Realty Celebrates 100 Years With Birthday Bash at UBS Arena
EventsFeatured

Daniel Gale Sotheby’s International Realty Celebrates 100 Years With Birthday Bash at UBS Arena

REW
by REW2685
Daniel Gale Sotheby’s International Realty (DGSIR), one of the nation’s leading realtors and the top ranked luxury real estate organization serving Long Island, Brooklyn, and Queens hosted a joyful 100th Anniversary celebration of its founding at the new UBS Arena in Elmont. Several hundred guests were in attendance, including current...
Long Island Whole Foods retail building sells for $65.25M
FeaturedRetail

Long Island Whole Foods retail building sells for $65.25M

REW
by REW5953
JLL Capital Markets announced today that it has closed the $65.25 million sale of Whole Foods at Westbury, a 55,109-square-foot, Whole Foods Market-anchored shopping center located in the affluent suburban Long Island community of Garden City, New York. JLL marketed the property on behalf of the seller. Midwood Investment &...
Will Rising Interest Rates Chill CRE Sales?
Featured

Will Rising Interest Rates Chill CRE Sales?

REW
by REW2392
After New York City’s investment sales plummeted in 2020 into the first half of 2021, we witnessed amassive uptick in sales activity in 4Q21 and 1Q22 which reached above 2019 pre-pandemic levels. Therewas no doubt pent up demand, as sellers were finally met by eager buyers looking to put capital...
Watermark Lodging Trust to be Acquired by Brookfield Real Estate Funds 
Deals & DealmakersFeatured

Watermark Lodging Trust to be Acquired by Brookfield Real Estate Funds 

REW
by REW1548
Watermark Lodging Trust, Inc. (“Watermark,” “WLT” or the “Company”) announced today that it has entered into a definitive agreement with private real estate funds managed by Brookfield (“Brookfield”), under which Brookfield will acquire all of the outstanding shares of common stock of Watermark for $6.768 per Class A share and...
Parkview Financial Provides $207 Million Loan for the Purchase and Redevelopment of the Hudson Hotel into a 438-unit multifamily property with office and commercial space in NYC
Deals & DealmakersFeatured

Parkview Financial Provides $207 Million Loan for the Purchase and Redevelopment of the Hudson Hotel into a 438-unit multifamily property with office and commercial space in NYC

REW
by REW2711
Parkview Financial announced today it has provided a $207 million loan toward the purchase and redevelopment of the iconic Hudson Hotel in New York. The 385,124-square-foot (sf), 24-story building is located at 353-366 West 58th Street and was most recently a SBE-operated hotel owned by Cain International which shuttered in 2020 due to Covid. The new ownership has plans to convert the property into a 438-unit residential...
Employment organization leases new headquarters space in Yonkers
Deals & DealmakersFeatured

Employment organization leases new headquarters space in Yonkers

REW
by REW2684
JLL has completed a new headquarters lease on behalf of the socialjustice non-profit Greyston Foundation at 20 South Broadway in Yonkers. Founded in 1982 to help individuals facing barriers to meaningful employment, Greyston has grown toprovide job seekers with access to training and education programs, youth services and traditionalemployment services....
Mixed-use lifestyle center in Yonkers sells
Featured

Mixed-use lifestyle center in Yonkers sells

REW
by REW2809
JLL Capital Markets announced today that it has advised on the sale of and arranged acquisition financing for Ridge Hill, a 1.2 million-square-foot mixed-use lifestyle center with retail and office space in the New York City-area community of Yonkers, New York. JLL marketed the property on behalf of the seller,...