Category : Featured

New York City not the most expensive place to live in the US
Featured

New York City not the most expensive place to live in the US

REW Staff
by REW Staff692
By Linda O’Flanagan A new study by the Citizens Budget Commission (CBC) has found that New York City is among the cheapest big city’s to live in the Us. In fact, it’s the third most affordable city for a typical household, behind Washington, D.C. and San Francisco. And it’s all thanks...
Partners nab slice of Broadway star
Deals & DealmakersFeatured

Partners nab slice of Broadway star

REW Staff
by REW Staff825
By Konrad Putzier The San Francisco based Swig Company and Himmel + Meringoff teamed up to take over Blackstone’s 49.9 percent interest in 1460 Broadway. Together, the two companies plan to redevelop the 215,000 s/f, 16-story office and retail property located on the corner of 41st Street and Broadway in Manhattan. Once the...
Brokers, builders slow to respond to New York roommate economy
FeaturedResidential

Brokers, builders slow to respond to New York roommate economy

REW Staff
by REW Staff995
By Marissa Petrullo Young Wall Street professionals aren’t usually considered financially vulnerable. And yet last fall, developer Steven Witkoff openly worried that his son — a Wharton grad about to enter finance — would have a hard time affording a Manhattan apartment. Like most young New Yorkers, he would most...
Less is more for Mickey Roth
FeaturedResidential

Less is more for Mickey Roth

REW
by REW1150
By Dan Orlando Galleria Group’s newest location, nestled between 5th and 6th on the fringe of Union Square, more closely resembles a day spa than a brokerage. The grey and black brick walls are offset by a contrasting rust-colored border and an eclectic collection of rugs dot the hardwood floor....
Deals & DealmakersFeatured

Kevin Swill settling in as big man on crowdfunding campus

REW
by REW1411
Over his 30-year career, Kevin Swill says he has gone “full circle” on all sides of a real estate financing deal. As a young bank executive, Swill originated CMBS loans. He then switched to Kushner Companies and the borrower side. Most recently, Swill has joined investment banking and advisory firm Carlton Group, where he intermediates between borrowers and lenders. For his latest venture, Swill is entering uncharted territory. As Carlton’s chief operating officer, he is charged with overseeing the company’s new crowdfunding platform. Its launch in April was a big step for the crowdfunding industry, as Carlton the first established firm entering a field hitherto dominated by startups.
Average US Realtor is 56; Manhattan attracts younger crowd
FeaturedResidential

Average US Realtor is 56; Manhattan attracts younger crowd

REW
by REW908
By Holly Dutton It’s official. American Realtors are getting younger. According to a new survey from the National Association of Realtors (NAR), the average age of a Realtor is 56, marking the first drop since 2007, according to NAR’s 2014 Member Profile. Ten years ago, that average was 52. But...