Category : Featured

REBNY honors top industry leaders at 122nd annual banquet

REW January 22, 2018 January 22, 2018

by REWJanuary 22, 2018January 22, 20181871

At its 122nd Annual Banquet on January 18th, the Real Estate Board of New York (REBNY) honored top industry leaders for their civic achievements and contributions to the industry with a spotlight on outgoing REBNY Chairman Rob Speyer, who led New York’s leading real estate trade association with distinction for the past five years....

Featured Residential

Brooklyn rents fall as new units come online

REW January 19, 2018 January 19, 2018

by REWJanuary 19, 2018January 19, 20181922

With a pipeline full of new rental units ready to hit the Brooklyn market, analysts say prices are poised to fall further in 2018.

Deals & Dealmakers Featured Office Market

Jumbo deals pushed Midtown leasing to two-decade high in 2017, more action expected in 2018

REW January 17, 2018 January 17, 2018

by REWJanuary 17, 2018January 17, 20181600

Tenants were drawn to large, new spaces Downtown and in Midtown West. In total, 39.5 million s/f of office space was leased or renewed last year.

Construction & Design Deals & Dealmakers Featured

Best Buy leases 725,000 s/f building in Rockefeller Group’s New Jersey Logistics Center

REW January 15, 2018 January 15, 2018

by REWJanuary 15, 2018January 15, 20181804

With six buildings ranging from 200,000 s/f to 800,000 s/f, the Piscataway, New Jersey center promises to be a state-of-the-art facility.

Deals & Dealmakers Featured

MaryAnne Gilmartin leaves Forest City to head new firm with L&L Holding Company founders

REW January 15, 2018 January 15, 2018

by REWJanuary 15, 2018January 15, 20182953

Longtime Forest City Ratner executive MaryAnne Gilmartin and L&L Holding Company founders David Levinson and Robert Lapidus announced today the creation of L&L MAG, a new company that will pursue major ground-up development projects in New York City. L&L MAG will build on the combined expertise of the principals and their teams in...

Deals & Dealmakers Featured Residential

John Mellencamp buys former photo studio loft in SoHo for $2.3M

REW January 12, 2018 January 12, 2018

by REWJanuary 12, 2018January 12, 20181939

The artist formerly known as Cougar closed on a loft at 66 Grand Street this week, paying $2.3 million for the unit—$250,000 less than the asking price.

Featured Residential

No room for ivory towers in Arik Lifshitz portfolio

REW January 12, 2018 January 12, 2018

by REWJanuary 12, 2018January 12, 20183946

Arik Lifshitz explains how his search for rough diamonds has brought him rich rewards

Featured Residential

Top New York apartment buildings that stand out in the crowd

REW January 12, 2018 January 12, 2018

by REWJanuary 12, 2018January 12, 20182174

Real Estate Weekly reporters on their favorite apartment buildings of 2017, and what made them stand out.

Deals & Dealmakers Featured

Infrastructure high on Cuomo state of the state agenda

REW January 11, 2018 January 11, 2018

by REWJanuary 11, 2018January 11, 20181231

In his eighth state of the state address, Gov. Andrew Cuomo extolled the importance of infrastructural investment to keeping New York economically competitive and the need to address the state’s pervasive issue of homelessness. He also accused the federal government of shooting “an arrow aimed at New York’s economic heart”...

Deals & Dealmakers Featured

Multifamily fortunes set to be made with passage of tax reform bill

REW January 11, 2018 January 11, 2018

by REWJanuary 11, 2018January 11, 20181307

With the passage of the Tax Cuts and Jobs Act of 2017 in December, some real estate experts are predicting that the major cut to corporate taxes along with more individuals looking to rent than buy will lead to a big uptick in New York City’s multifamily market. “The law...