Category : Featured

BGC Partners, the parent company of Newmark Knight Frank and Excess Space, has agreed to acquire mortgage firm Berkeley Point Financial for $875 million. According to the terms of the deal, Berkeley Point will become part of NKF. BGC’s Board of Directors unanimously approved the transaction with recommendations from a...

Hedge fund Canyon Partners and art gallery D. Wigmore Fine Art have signed leases at TF Cornerstone’s Carnegie Hall Tower on Manhattan’s “Billionaire’s Row.” Los Angeles-based Canyon Partners is expanding to take an entire floor at the 60-story tower. Canyon, which specializes in investments for endowments, foundations and sovereign wealth...

CL Investment Group, a global real estate investment leader, has launched leasing at 287 Park Avenue South, the nine-story, 121,059 s/f Gramercy Park office building The Chinese company is gutting the former United Charities Building to cater to tech and creative firms flocking to the midtown south market. CL Investment had...

As New York City embraces massive mixed-use developments such as Hudson Yards, Essex Crossing, and Hunter’s Point South, one division of the real estate industry that is a very visible property owner is feeling left out — religion. “When you think of religious institutions, organized religion is definitely on the...

In 2016, New York City’s first zoning resolution marked its 100th year. Now, City Planning Commission director Marisa Lago is looking to start the next century of zoning with some ambitious plans for the outer boroughs. Lago, who replaced Carl Weisbrod at the CPC four months ago, is a natural...