The co-working model is evolving into partnerships between property owners and co-working companies. During a Building Owners and Managers Association panel on March 15, both co-working companies and building operators were on hand to discuss the changing model that may prove to be more reasonable. DJ Dashti, the co-founder of...
Commercial real estate brokers Lauren Calandriello of JRT Realty Group Inc. and Will Conrad of Cushman & Wakefield have each been named a 2018 Most Promising Commercial Salesperson of the Year by the Real Estate Board of New York (REBNY) and its Commercial Brokerage Board of Directors. The two stand-out professionals were honored at the REBNY’s Spring Members’ Luncheon, which...
Developer Doug Steinerhas sold a $253 million majority stake in his 55-story Brooklyn rental, The Hub. Steiner NYC also secured $330 million to refinance the skyscraper at 333 Schermerhorn Street in Brooklyn. The loan was provided by Nuveen, the global investment manager and a subsidiary of TIAA. Terms were not...
The Real Estate Board of New York (REBNY) announced those in the running for 2018’s Most Ingenious Deal of the Year, the distinction honoring New York City’s most notable transactions executed by top commercial real estate brokers. Highlighting outstanding professional excellence and acumen, the competition, now in its 75th year,...
Co-principal of Camber Property Group talks about balancing the benefits of tax abatements that are offered to affordable housing builders against the market-rate route.