Deals & DealmakersFeatured Industry shocked by death of Jim Kinsey at age 44 REW September 15, 2021 September 15, 2021 by REWSeptember 15, 2021September 15, 202111805 Popular city broker who grew up in the real estate industry.
Deals & DealmakersFeatured Magnum achieves Bitcoin first with $29M retail offering REW September 14, 2021 September 14, 2021 by REWSeptember 14, 2021September 14, 20214033 Magnum was the first real estate development firm in NYC to accept crypto for its prime real estate offerings.
FeaturedResidential Gotham unveils huge rent stabilized Gotham Point development REW September 14, 2021 September 14, 2021 by REWSeptember 14, 2021September 14, 20216699 Three quarters of the 1,132 total residences will be rent stabilized and there will be a dedicated wing for seniors.
Debt & EquityFeatured Avery Hall JV recaps’ One Boerum Place with $176M loan REW September 14, 2021 September 14, 2021 by REWSeptember 14, 2021September 14, 20212864 Proceeds enable JV to convert what was originally planned as a for-sale condo to a luxury rental project.
Debt & EquityFeatured RXR refinances Brooklyn multifamily development with $143M loan REW September 14, 2021 September 14, 2021 by REWSeptember 14, 2021September 14, 20213107 Greystone arranges new loan with MetLife to repay a $125,000,000 construction credit facility
Debt & EquityFeatured Claremont secures $16M loan for homeless shelter, 444-unit multifamily venture REW September 13, 2021 September 13, 2021 by REWSeptember 13, 2021September 13, 20212803 Cushman & Wakefield served as the exclusive adviser to Claremont in securing the loan from Lionheart Strategic Management.
Construction & DesignFeatured All-electric Brooklyn tower showcases need for gas ban, say advocates REW September 13, 2021 September 13, 2021 by REWSeptember 13, 2021September 13, 20213681 Alloy Development’s 44-story 100 Flatbush Avenue project shows that moving from gas to all-electric is practical and cost effective for developers.
FeaturedRetail La Casa Del Mofongo opens fifth NYC outpost in the Bronx REW September 13, 2021 September 13, 2021 by REWSeptember 13, 2021September 13, 20219804 Lee & Associates represents Latin restaurant in a new lease for 7,500 s/f at Gun Hill Commons
Deals & DealmakersFeatured ATCO welcomes two new tenants to 630 Third Avenue REW September 13, 2021 September 13, 2021 by REWSeptember 13, 2021September 13, 20213119 The landlord has completed more than 33,000 s/f of office leases at 630 Third Avenue this year.
Construction & DesignFeatured 1,500 construction sites shut down during DOB safety sweep REW September 13, 2021 September 13, 2021 by REWSeptember 13, 2021September 13, 20214799 Three-month Zero Tolerance enforcement saw inspectors sweep sites across the city looking for safety violations