Category : Featured

Deals & DealmakersFeatured

2015’s Ingenious Dealmakers make a big impact on city life

Linda O'Flanagan
by Linda O'Flanagan2835
The annual Ingenious Dealmakers awards last night showcased a slew of real estate deals that will have a lasting impact on the city’s healthcare and tech sectors. Justin DiMare led the NGKF team that took home the first place Henry Hart Rice Achievement Award for closing a historic land swap...
Former president Bill Clinton visits Stuy Town
Deals & DealmakersFeatured

Former president Bill Clinton visits Stuy Town

REW
by REW1478
By Sabina Mollot With the presidential primary a mere eight days away, Hillary Clinton’s campaign got a boost in Stuyvesant Town, when her husband, former President Bill Clinton, stopped by to schmooze and pose for pictures with voters. The visit by the former leader of the free world on Monday...
Deals & DealmakersFeatured

Affordable strategy part of Orbach play

REW
by REW1568
The Orbach Group has bought a trio of multi-family buildings in Coney Island for $17 million and signed a deal to keep them affordable for 20 years. The New Jersey-based landlord, which owns more than 80 multifamily buildings in New York City, purchased the portfolio of 51 apartments at 2320-2336...
De Blasio denies doing favors for FBI targets
Deals & DealmakersFeatured

De Blasio denies doing favors for FBI targets

REW
by REW1400
Mayor Bill de Blasio has distanced himself from two real estate investors implicated in a corruption probe involving the NYPD. In a press conference on Monday, de Blasio said that he had “spent very little time” with Jona Rechnitz and Jeremy Reichberg. The two men were said to have given...
FeaturedREBNY WatchViews

Success of pivotal housing plans hinges on program like 421a

REW
by REW1435
By REBNY President John Banks In last week’s column, I explained the significance of the City Council’s vote to approve Mayor de Blasio’s affordable housing plan – particularly, the Mandatory Inclusionary Zoning (MIH) aspect of the plan. The second tenet of the plan, Zoning for Quality and Affordability (ZQA), is...
Deals & DealmakersFeatured

Clinton, Sanders set to face off in debate at Brooklyn Navy Yard

REW
by REW1404
Presidential candidates Hillary Clinton and Bernie Sanders have agreed to a debate in the Brooklyn Navy Yard on April 14, days before a critical primary election in New York State. CNN and NY1 will broadcast the debate, which will take place inside the Duggal Greenhouse. The showdown, moderated by CNN’s...
Suits follow swells to new Meatpacking District
Deals & DealmakersFeatured

Suits follow swells to new Meatpacking District

REW
by REW1439
In 1992, the area known as The Meatpacking District was dirty, smelly, and to some, a little scary. The former hub for slaughterhouses and packing plants had become a decrepit and ignored part of Manhattan. “There was blood running in the streets,” said CBRE’s Stuart Siegel. “You wouldn’t want to...
Deals & DealmakersFeatured

Former NFL player starting rookie season in real estate

REW
by REW2086
If you’ve worked so much as a day in New York commercial real estate, you’ve had established and successful people depend on your performance. A brokerage team is only as strong as its weakest link. Steve Maneri didn’t need to wait until entering the industry to experience that type of...
FeaturedREBNY WatchViews

Inclusionary housing programs crucial, but work better with 421a

REW
by REW2128
By REBNY President John Banks The US Census Bureau announced last week that New York City’s population has grown to its largest size in recorded history – with 8,550,405 people living in the five boroughs as of last summer.  New York City’s continued population growth (coupled with record job growth)...