Drinks giant Campari moving US headquarters to Grace Building
World’s sixth-largest spirits company is moving its headquarters from San Francisco to New York City
Category : Featured
Why Jonathan Rose thinks that cities can save the world
Jonathan Rose, a pioneer in sustainable building, says cities are extremely complex systems that the world cannot afford to let unfold as they will.
Retail specialists exploring new avenues of investment
The entire island of Manhattan may have been bought for 60 Dutch Guilders, but prices have grown exponentially since. And just as the island’s first colonists started small with their land purchase from the native Lenape Americans, the 60 Guilders real estate investment firm has been quietly building a solid...
Bronx land deal paves way for new affordable senior development
A Bronx-based affordable housing developer scooped up three parcels in the borough’s Belmont section for roughly $4 million to build a 120,000 s/f, environmentally-conscious senior assisted living facility. Foxy Management first nabbed the anchor parcel at the corner of Arthur Avenue and 179th Street for $2.1 million in an off-market...
Queens no longer an investment wallflower
Bargain-hunting investors have driven pricing in Queens to new heights and the search for ROI is leading to wallflower neighborhoods that include Sunnyside, Woodside, Jackson Heights and Corona.
Long Island City bidding to become cityʼs life science hub
Long Island City is throwing its hat in the ring for a multi-million dollar life science hub to be developed in the fastest growing neighborhood in the county.
Related taps Winick to market retail at LIC buildings
Winick Realty Group announced today that the firm has been selected to represent Related Companies and GreenOak in the leasing of two prime retail spaces in Long Island City. The Paragon and the Blanchard Buildings, collectively known as The Point in LIC, are located adjacent to both Long Island Rail...
Durst doyenne changing the way building owners see art
At 103 years old, the Durst Organization owns 16 million s/f of space between 18 buildings in Manhattan, making it one of the city’s oldest and most prominent real estate companies. However, Anita Durst never had much interest in the family business and she was never pressured to. Her passion...
Investment firm buys Brooklyn hotel portfolio for $33.5 million
Investment firm Red Pine Capital Partners LLC just purchased a Brooklyn hotel portfolio for $33.5 million. The equity and real estate investment firm purchased the Gowanus Inn & Yard for $23.5 million and the Union Hotel for $10 million. Red Pine had been a minority partner in the two...
Nasdaq moves global headquarters to 4 Times Square
The stock exchange signed a 15-year lease for roughly 145,000 s/f at the former Condé Nast tower, adding to the 24,000 s/f it has been using for its MarketSite location.