Brookfield opens its One Manhattan West
First new office tower to open on eight-acre district being developed on the West Side.
Category : Featured
City: We’re running out of homes
Perfect storm of declining housing production, explosive job growth and an aging labor force have shifted the geographic pattern of growth within the region.
Apple creates $2.5B housing fund
Apple has unveiled a $2.5 billion plan to help ease Californiaʼs affordable housing crisis The tech conglomerate headquartered in Cupertino, CA, plans to pump the money into accelerating new housing production, jump-starting long-term developments, helping first-time buyers and reducing homelessness. “Before the world knew the name Silicon Valley, and long...
Innovo recaps LIC property with $438M financing
Innovo Property Group (IPG), a New York City-based investment and operating company founded by Andrew Chung and backed by Nan Fung Group, has closed on a $438 million recapitalization of 24-02 49th Avenue in Long Island City, Queens. IPG previously owned the property with Westbrook Partners and recapitalized the asset through an...
Cushman & Wakefield acquires NAI Long Island
Cushman & Wakefield announced today that it has acquired the brokerage division of NAI Long Island, adding 16 new commercial leasing and investment sales professionals focused on this important part of the New York-Tri-State Region. Based in Melville, NY, NAI Long Island was founded in 1980. Its professionals represent both investors...
235 Grand pushing the boundaries as urbanites stretch out
Jonathan Kushner’s Grandma used to tell him, “When things are going right, don’t ask why.” But when asked why his newest Jersey City rental had leased up 75 percent of its 549 units in just four months, he couldn’t resist: “The Grove Street neighborhood, leading into Liberty Harbor, is the...
Clothing for closings: Stylist advises agents how to dress for success
When apartments are being shown to potential buyers, it’s a given that appearances matter, from the home itself being staged to perfection to the appearance of the broker or agent tasked with selling it. In particular when marketing higher-end apartments, brokers must manage to look as polished as the properties...
Silverstein sells slice of UWS Disney portfolio to Taconic, Nuveen
Partners plan to turn old television studio spaces into superstar offices
Report warns of ‘demolition by neglect’ at NYCHA properties
RPA call on business community, banks and labor to get behind effort to rebuild NYCHA
Insiders see keeping up with the times as best bet in ever-changing market
Highlights from REBNY's Fall Members Luncheon