Category : Featured

Deals & DealmakersFeatured

Carlyle Group sells trophy apartment towers

REW Staff
HFF announced Friday that it has closed the sale of The Aldyn and The Ashley, two newly-developed, Class A residential towers totaling 345 rental units in Manhattan’s Upper West Side. HFF marketed the properties exclusively on behalf of the seller, a joint venture between a The Carlyle Group, RREEF America, and Extell Development Company. GID Investment Advisers LLC with equity partner CalPERS purchased the luxury apartment towers for an undisclosed amount free and clear of existing debt.
Deals & DealmakersFeatured

NGKF signs 100,000 s/f in deals at Hackensack complex

REW Staff
Newmark Grubb Knight Frank (NGKF) has orchestrated a flurry of leases totaling 97,770 square feet—including new tenants, lease extensions and expansions—at the Continental Plaza office complex in Hackensack, N.J. New tenants include Regus and Real Estate Mortgage Networks “Continental Plaza is a premier Class A office property in Bergen County and the repositioning campaign is already a success,” says NGKF’s Blake Goodman. “Tenants are attracted to the new look and added amenities, in addition to its prime location right next to Riverside Square Mall and the Bergen County Courthouse.”
Sisters take their act to Douglas Elliman
FeaturedResidential

Sisters take their act to Douglas Elliman

REW Staff
Sisters Tracie and Elizabeth Hamersley along with 3 members of their team have joined Douglas Elliman’s office at 774 Broadway in Greenwich Village. The sisters, who made a name for themselves at Citi Habitats, will be joined by brokers Robert Falcone, Jason Lopez and Thuy Truong
Look who’s Shvo-ing up
FeaturedResidential

Look who’s Shvo-ing up

REW Staff
KNOWN simultaneously as the “most loathed” and “most successful” broker in New York City, marketing maverick Michael Shvo is dipping his toe back into real estate. MICHAEL SHVO The poster boy for excess at the height of the housing boom, Shvo is set to speak at the upcoming Spring Conference being organized by Esther Muller’s Academy for Continuing Education.
Bushwick the next Soho?
Featured

Bushwick the next Soho?

REW
Overflowing with over-educated and underpaid young “pioneers,” rapidly growing Bushwick is right behind Williamsburg in line to be the next hot neighborhood, according to real estate experts. As North Brooklyn continues to be one of the hottest topics in New York City real estate, sales in waterfront neighborhoods Williamsburg and Greenpoint soared in the first quarter of 2013, while further east, Bushwick retail prices are going nowhere but up, according to real estate firm Massey Knakal.
Roving Robb helping make Harlem miles better
FeaturedResidential

Roving Robb helping make Harlem miles better

REW
You never know where life will take you. For Robb Pair, a travel aficionado who has been to over 40 countries, it was a 1998 trip to the Big Apple with his wife that changed the course of his life.
Brokers WeeklyFeatured

Too many looking for too few apartments

Orlando Rodriguez
Marc Lewis By Orlando Lee Rodriguez Levels of inventory for all categories of rentals and sales have fallen throughout the city to lows not seen … Continued
FeaturedResidential

Alchemy reaches for a mark in the sky

REW
In the world of Manhattan residential development, it has not remained good enough for some developers just to build well located buildings with lots of amenities inside. As more new construction begins to engulf sections of the city, bragging rights now belong to those developer and architect teams who can create new landmarks in a skyline full of them. Located a block and one half west of Union Square Park, 35XV located at 35 West 15th Street aims to do just that when completed.