Deals & DealmakersFeatured JetBlue to renew LIC headquarters lease, expand JFK flagship REW August 3, 2021 August 3, 2021 by REWAugust 3, 2021August 3, 20214044 Airline doubles down on achieving Governor Cuomo’s vision for a transformed experience at JFK.
Deals & DealmakersFeatured Conde Nast settles its overdue rent at 1 WTC REW August 3, 2021 August 3, 2021 by REWAugust 3, 2021August 3, 20214888 JLL working with publisher to sublease 350,000 s/f of empty space in downtown skyscraper
FeaturedResidential Dottie Herman steps down as CEO at Douglas Elliman REW August 3, 2021 August 3, 2021 by REWAugust 3, 2021August 3, 20215353 Brokerage co-founder to be replaced by president and COO, Scott Durkin.
Deals & DealmakersFeatured Bergman buys another Mack-Cali suburban office asset REW August 3, 2021 August 3, 2021 by REWAugust 3, 2021August 3, 20214194 Forms JV with Eightfold Capital to make its fourth acquisition from the REIT.
Debt & EquityFeatured Paramount completes $860M refi’ at 1301 Avenue of the Americas REW August 3, 2021 August 3, 2021 by REWAugust 3, 2021August 3, 20212787 The proceeds will repay existing $850M loan as landlords looks to fill vacant Barclasy space.
FeaturedMergers and Acquisitions MSCI to buy Real Capital Analytics for $950M REW August 2, 2021 August 2, 2021 by REWAugust 2, 2021August 2, 20214308 Acquisition will expand MSCI’s suite of solutions, providing the real estate industry with data, analytics and support tools.
Deals & DealmakersFeatured Little guys eat up 30,000 s/f of industrial space at Barone’s LIC property REW August 2, 2021 August 2, 2021 by REWAugust 2, 2021August 2, 20212792 Barone developed The Woodworks to cater to small businesses being squeezed out of last-mile space by e-commerce and logistics giants.
Construction & DesignFeatured Biacomm begins test on solar lighting to help night-time contractors cut emissions REW August 2, 2021 August 2, 2021 by REWAugust 2, 2021August 2, 20212276 Towers are designed to replace diesel-powered units that spew carbon dioxide into the air
Construction & DesignFeatured Con Edison looking for developers for battery storage systems REW August 2, 2021 August 2, 2021 by REWAugust 2, 2021August 2, 20214346 Utility releases request for proposals for developers interested in building systems that can go into operation by the end of 2025.
Deals & DealmakersFeatured AEW acquires Hudson Square boutique for $86M REW July 30, 2021 July 30, 2021 by REWJuly 30, 2021July 30, 20214818 Recaps building with a $60 million loan from a fund run by Ares Management.