Category : Residential

PMG secures $65M loan for Long Island City buy
Debt & EquityResidential

PMG secures $65M loan for Long Island City buy

REW
by REW1405
Mission Capital Advisors’ Debt & Equity Finance Group has arranged $50.6 million in bridge financing, in addition to a $15.0 mezzanine loan, for the acquisition and pre-development of a property at 42-50 24th Street in Long Island City. Jason Cohen, Alex Draganiuk, Steven Buchwald and David Behmoaras arranged senior and...
FeaturedHeadlineResidential

Manhattan apartments smash through the $1M barrier

REW
by REW1128
For the first time in history, the median price of a Manhattan apartment has topped $1.2 million. In the fourth quarter of 2015, prices reached an all-time record, according to residential brokerage firm, Compass. The number reflects a 17 percent increase over the 2015 third quarter median price of $1...
Residential

NEW DEVELOPMENT: East Village condos have historic touch, passive house rentals open in BK

REW
by REW884
● EAST RIVER PARTNERS New East Village condos have historic touch East River Partners announcedits newest residential offering — condominium development 415 East 6th Street. Located in the East Village Historic District between First Avenue and Avenue A, the five-story project — once fully operating as the Adas Yisroel Anshe...
WHO’S NEWS: Stribling welcomes Janice Silver; Amala Redd moves to Elliman
Residential

WHO’S NEWS: Stribling welcomes Janice Silver; Amala Redd moves to Elliman

REW
by REW1553
Stribling & Associates announced that Janice Silver has joined the firm as a licensed associate real estate broker based out of its Madison Avenue office. Silver brings over 28 years of experience in real estate sales, having personally handled more than 400 sales transactions in neighborhoods across New York City....
Residential

Seaport dispute settled

REW
by REW1364
Jack Resnick and Sons, Inc. and its affiliates, and Fortis Property Group, LLC and its affiliates announced that they have entered into a settlement agreement concerning their litigation over the use of the “One Seaport” trademark. The litigation is currently pending in the U.S. District Court for the Southern District...
Silver Arch Capital arranges $21M loan for luxury Miami development
Construction & DesignDebt & EquityResidential

Silver Arch Capital arranges $21M loan for luxury Miami development

REW
by REW2232
Hackensack, NJ-based lender, Silver Arch Capital, has arranged a $21 million loan for  a one million-square foot luxury residential and hotel development at the site of the famous Jockey Club in Miami. Jeffrey Wolfer, president and CEO of Silver Arch Capital, announced the company’s completion of the funding for the Apeiron at the Jockey...
Photo GalleryResidential

IN PICTURES: Corcoran’s Hamptons agents celebrate the holidays

REW
by REW1683
The agents, managers and staff at the Hamptons offices of The Corcoran Group celebrated the holidays and the end of a successful year at the Parrish Art Museum in Water Mill. Corcoran President and CEO Pamela Liebman, along with EVP and General Sales Manager Bill Cunningham and Frank Percesepe, Regional SVP...
Residential

NEW DEVELOPMENT: Landmark approval for 260 W. 78th, sales milestone at 301E. 50th

REW
by REW978
● Greenland Forest City Partner Rendering released for 664 Pacific Forest City Ratner Companies just released the new rendering for 664 Pacific Street. Architect Jonathon Marvel designed the luxury rental building that will rise 26 stories and have a public school at its base. The building is steps away from...
Residential

HAVE YOU HEARD: Corcoran agents host more than 100 for breakfast, Muhammad Ali’s former home up for sale

REW
by REW813
Corcoran agent Lydia Sussek, along with Irene O’Halloran, hosted more than 100 agents for breakfast at their at 141 Fifth Avenue, PHE, which just hit the market for $6,950,000. The guest of honor was chef Seamus Mullen — chef-owner of New York restaurants Tertulia and El Colmado — who signed...