Deals & DealmakersFeatured JLL brokers 70,000 s/f pop-up deal for blockbuster digital art show REW May 13, 2021 May 13, 2021 by REWMay 13, 2021May 13, 20212170 The new digital Van Gogh experience is set to open at Pier 36 in Chelsea next month.
Deals & DealmakersFeatured Newmark makes tech office team official REW May 13, 2021 May 13, 2021 by REWMay 13, 2021May 13, 20217801 Ben Shapiro will lead expert team in New York as company doubles down on sector employing 12 million people
Construction & DesignFeatured DOB releases new digital tools to help building owners go green REW May 13, 2021 May 13, 2021 by REWMay 13, 2021May 13, 20213494 Online service will help buildings meet strict new emissions standards set in Local Law 97.
FeaturedResidential Fortis offers first look at new DUMBO condo REW May 13, 2021 May 13, 2021 by REWMay 13, 2021May 13, 20213953 The 33-story tower will have 38,000 s/f of indoor and outdoor amenities and 76 apartments
Deals & DealmakersFeatured Brooklyn businesses can’t find workers despite record unemployment REW May 11, 2021 May 11, 2021 by REWMay 11, 2021May 11, 20212672 Employers say enhanced jobless benefits which pay more than most minimum wage jobs are stopping folk from getting back into workforce.
Debt & EquityFeatured Savanna closes on $264M construction loan for 141 Willoughby REW May 11, 2021 May 11, 2021 by REWMay 11, 2021May 11, 20213914 JLL advises on debt financing from lenders including funds managed by CarVal Investors
Construction & DesignFeatured NYC construction activity reaches 10-year low REW May 11, 2021 May 11, 2021 by REWMay 11, 2021May 11, 20212919 REBNY leads construction industry in call for passage of American Jobs Plan
Construction & DesignFeatured Macy’s adds $235M infrastructure upgrade to Herald Square tower plan REW May 10, 2021 May 10, 2021 by REWMay 10, 2021May 10, 20214096 Macy's has promised to spend $235 million on upgrades as part of a plan to build office tower on top of its flagship store.
Debt & EquityFeatured Knighthead loans $57M on mall-to-life-science-office conversion REW May 10, 2021 May 10, 2021 by REWMay 10, 2021May 10, 20213374 Equator is turning a former outlet mall into a creative office campus anchored by biotech company involved with DNA sequencing.
FeaturedRetail Brookfield sells stake in Forever 21 for $63M REW May 10, 2021 May 10, 2021 by REWMay 10, 2021May 10, 20214689 First quarter funds from operations fell nearly 60 percent year over year to $125 million.