Category : Featured

Brookfield in talks to invest in Waterside Plaza complex

REW July 11, 2018 July 11, 2018

by REWJuly 11, 2018July 11, 20181347

By Sabina Mollot Richard Ravitch is looking to find an equity partner for has Waterside Plaza apartment complex on the East River. City council member Keith Powers, whose constituency includes the 1,470-unit former Mitchell Lama complex, said ownership is in “early stage talks” with potential investors, including industry giant Brookfield....

Construction & Design Featured Technology

5G forecast forces owners to prepare for next gen wireless

Kyle Campbell July 11, 2018 July 11, 2018

by Kyle CampbellJuly 11, 2018July 11, 2018608

An upcoming sea change in the wireless industry promises to optimize everything with a digital pulse, from phones, tablets and watches to cars and even entire office towers. As carriers prepare the first wave of their fifth-generation, or 5G, cellular technologies, property owners are making sure their properties are ready,...

Debt & Equity Featured

Judge puts title guys in schmooze control

REW July 10, 2018 July 10, 2018

by REWJuly 10, 2018July 10, 20181679

Overturns state ruling that would have banned client lunches, parties and vacation gifts

Deals & Dealmakers Featured

Disney lands in Hudson Square

REW July 10, 2018 July 10, 2018

by REWJuly 10, 2018July 10, 20182253

Entertainment behemoth to create 1.2 million s/f campus for New York operations that will include WABC-TV, ABC News and Disney Streaming Services.

Deals & Dealmakers Featured

Brazil first woman to earn Tall Buildings accolade

REW June 28, 2018 June 28, 2018

by REWJune 28, 2018June 28, 20181046

Thornton Tomasetti vice chairman Aine Brazil has become the first female engineer to win the Council on Tall Buildings and Urban Habitat’s (CTBUH) Lifetime Achievement Medal for her contributions to the built environment. Brazil received the award during the CTBUH 2018 Tall + Urban Innovation Conference in Chicago, Illinois. With...

Deals & Dealmakers Featured

Construction boom as libraries get retooled

REW June 28, 2018 June 28, 2018

by REWJune 28, 2018June 28, 20181750

With four million square feet, 207 locations and some 40 million visitors a year, New York’s library systems would have an enviable real estate portfolio — if they had the money to maintain it. Collectively, the Brooklyn, Queens and New York public libraries have a billion-dollar backlog of unmet capital...

Deals & Dealmakers Featured

Paul Massey launches new investment sales firm

Holly Dutton June 27, 2018 June 27, 2018

by Holly DuttonJune 27, 2018June 27, 2018295

Nearly a year after officially launching a bid for New York City mayor, and two months after leaving Cushman & Wakefield, Paul Massey has started a new investment sales brokerage. The new firm, B6 Real Estate Advisors, is an investment sales and capital advisory commercial brokerage that will specialize in...

Deals & Dealmakers Featured

How headcount could replace price per square foot

Jackson Chen June 27, 2018 June 27, 2018

by Jackson ChenJune 27, 2018June 27, 2018352

Landlords could start charging per person instead of per foot if co-working advocates have their way. As the industry’s office space continues to evolve rapidly, executives of companies that creatively fill space office market and its valuation model needs to catch up. “If you think about a building whether it’s...

Construction & Design Featured

CODE BREAKERS: Fire hazards, illegal conversions and more May DOB violations

REW June 27, 2018 June 27, 2018

by REWJune 27, 2018June 27, 2018237

New York’s Buildings Department released its May 2018 enforcement bulletin, highlighting bad actors in the construction industry that were punished by the agency for flouting safety laws and the code of conduct for construction professionals. Disciplinary actions include penalties as well as license suspensions and revocations. DOB took a number...