Category : Featured

Deals & DealmakersFeatured

City rakes in another $5M to host Democratic convention

REW
by REW723
The de Blasio Administration announced that it has secured an additional $5 million from host committee members in support of New York City’s bid to host the 2016 Democratic National Convention, bringing the City’s fundraising total to $15 million. Goldman Sachs, 1199SEIU, Condé Nast, Blackstone, Tishman Speyer and Citi are among the organizations that have contributed to the City’s convention bid.
Rudin keeping everyone on their toes as office ergonomics reign
Deals & DealmakersFeatured

Rudin keeping everyone on their toes as office ergonomics reign

REW
by REW994
By Konrad Putzier For Ellen Rudin, running CBRE’s Long Island and Outer Boroughs offices is a return to her roots. But working close to her childhood home is just one of the benefits of her current job, which she took up six years ago. As managing director, she is transforming...
JEMB close to filling revived Herald Square retail corner
FeaturedRetail

JEMB close to filling revived Herald Square retail corner

REW
by REW1541
Verizon Wireless has leased 4,500 s/f for their new Manhattan flagship store on the ground floor of JEMB Realty’s revitalized Herald Center, a 10-story, 250,000 s/f retail and office property at the southwest corner of 34th Street and Broadway. In less than three years since JEMB unveiled plans to completely renovate and reconfigure the asset, the company has moved ASA College into the upper floors, fashion retailer H&M into the ground floor and filled the remaining ground floor space with Verizon Wireless. That leaves 12,000 s/f of lower level retail space remaining at the new-look Herald Center.
New chapter in library building could spell success for de Blasio
Construction & DesignFeatured

New chapter in library building could spell success for de Blasio

REW
by REW655
At a the Conference to Rethink & Re-imagine NYC’s Branch Libraries last week, city officials including HPD commissioner Vicki Been and developers such as David Kramer, principle of Hudson Companies, said the enhancement of public libraries could play a key role in helping Mayor de Blasio reach his aggressive affordable housing goals
REBNY picks John Banks as new president
Deals & DealmakersFeatured

REBNY picks John Banks as new president

REW
by REW823
The Real Estate Board of New York (REBNY) has appointed John Banks to serve as its next President, REBNY’s Search Committee announced today. Banks will assume the role of President-Elect effective March 2, 2015. He will replace Steven Spinola, who will step down at the conclusion of an appropriate transition...
TOWN leases New York’s most expensive rental apartment for $500,000 a month
FeaturedResidential

TOWN leases New York’s most expensive rental apartment for $500,000 a month

REW
by REW830
Therese Bateman and Andres Perea-Garzon of TOWN Fifth Avenue have leased the record breaking $500,000 per month full 39th Floor of The Pierre Hotel from the end of November through the full month of December 2014. In addition, The Getty Suite which was offered for $150,000 per month, was leased by the same tenant.
FeaturedRetail

Touchy, feely Trump opens ICSC in New York

REW
by REW1797
By Dan Orlando Real estate mogul Donald Trump cited his wife Melania as the classic 21st century shopper during his opening address of the ICSC New York Deal Making Conference on Monday Though he conceded that the internet is a threat to retail property owners, he did not earmark it as...
SL Green to buy stake in Stonehenge portfolio
Deals & DealmakersFeatured

SL Green to buy stake in Stonehenge portfolio

REW
by REW1262
A change in leadership at Stonehenge Partners is giving office giant SL Green and opportunity to increase its apartment portfolio. New York City's largest commercial property owner announced this morning that it has entered into an agreement to acquire a stake in a 23-building, 2.55 million square foot Stonehenge portfolio comprised of 2,815 rental apartments and 43,000 s/f of retail space.
Brookfield leasing boss Ed Hogan pitching next big thing to retailers
Deals & DealmakersFeatured

Brookfield leasing boss Ed Hogan pitching next big thing to retailers

REW
by REW788
By Holly Dutton When the International Council of Shopping Centers convenes in New York next week, Broookfield Property national director of leasing Ed Hogan will be selling visitors the city’s future. The veteran leasing broker is leading the drive to tenant the massive Manhattan West development with retailers. And he...