New York

  • CBRE Sets Sights on RKF

    NEW YORK CITY—The smaller firm, which specializes in retail, has deep connections to tenants while CBRE brings landlord relationships and other strengths to the table, an analyst tells GlobeSt.com.

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  • Lightstone Secures $120M Loan for Gowanus Multifamily

    NEW YORK CITY—An affiliate of Lightstone has secured a $120-million construction loan for its 12-story multifamily project in the Gowanus section of Brooklyn.

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  • SL Green Names New CFO

    NEW YORK CITY—Chief accounting officer Mathew DiLiberto will start in the position on Jan. 1, 2015, replacing James Mead, who is stepping down to relocate to Chicago.

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  • NYC Apts. See Best Quarter in Two Years

    NEW YORK CITY—“We expect this market strength to carry into the remainder of the year,” says Shimon Shkury of Ariel Property Advisors.

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  • No Deal on Chase Move to Hudson Yards

    NEW YORK CITY—Questions of tax incentives, construction costs and the availability of parcels all contributed to the bank’s decision to maintain its current headquarters rather than move to the Far West Side, published reports say.

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  • Retail Rents Rise in Most NYC Markets

    NEW YORK CITY—The Real Estate Board of New York reports that the overall average asking rent for retail ground floor space throughout Manhattan is now $149-per-square foot, up from $130-per-square-foot recorded in the fall of 2013.

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  • Embassy Suites Chevy Chase Gets Speedy Makeover

    CHEVY CHASE, MD—New York City-based Clarion Partners spent a considerable amount of cash, but very little time on the renovation of its Embassy Suites Chevy Chase hotel.

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  • Office Success: Not Just SOMA and Silicon Alley

    NEW YORK CITY—A Q3 report from Savills Studley posits the advent of “urban suburbs,” thanks to build-to-suits such as State Farm’s campus at the CityLine development in Richardson, TX.

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  • Steinway Move Reaches Crescendo

    NEW YORK CITY—The famous piano maker will head to the Bryant Park area in 2015, at which point it will have been in its iconic 57th street location for 90 years.

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  • Report: NYC Sandy Aid Slow to Arrive from DC

    NEW YORK CITY—An analysis of the city’s (Superstorm) Sandy Funding Tracker by the trade group the New York Building Congress shows that only a small portion of the $10.6 billion in anticipated federal money has actually flowed north from Washington, DC to New York City.

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  • Mack Launches New Lending Platform

    NEW YORK CITY—Known as Mack Real Estate Credit Strategies, the platform will be managed by Richard Mack and former Blackstone executive Peter Sotoloff.

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  • Silverstein Sets Muni Market Record

    NEW YORK CITY—The developer that sparked much of Downtown Manhattan’s revitalization has lined up over $1 billion in tax-exempt financing to fund the construction of 3 World Trade Center.

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  • New TZ Bridge Funds Face Legal Action

    ALBANY, NY—Three environmental advocacy groups have filed suit in New York State Supreme Court here in an attempt to block $511 million in federal environmental funds New York State is seeking in connection with the construction of the new $3.9-billion Tappan Zee Bridge.

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  • Gramercy Park Hotel Comes On Market

    NEW YORK CITY—Market watchers suggest that the legendary property could be sold for a record-breaking price.

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  • Concord Hospitality Touts Development Pipeline

    RALEIGH, NC—Locally-based hotelier Concord Hospitality reports it currently has the most ambitious development pipeline in its 30-year history.

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  • Brokers Remain Bullish on NYC Real Estate

    NEW YORK CITY—The Real Estate Board of New York reports that its gauge of the health of the city’s real estate market indicates that the confidence of New York City real estate brokers remains high.

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  • Podell: Retail Pop-Up Stores “Fill a Blank”

    NEW YORK CITY—Such spots can be a “win-win” for the tenant and the landlord but identifying the right timing, location and other components are the keys to success, Cushman & Wakefield retail broker Joanne Podell tells GlobeSt.com in this EXCLUSIVE interview.

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  • Skadden Looks West for Manhattan HQ

    NEW YORK CITY—The law firm confirms published reports that it has signed a letter of intent to relocate to within Brookfield Property Partners’ Manhattan West, now under development on the Far West Side.

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  • Pomerantz: “We Can Deliver the Best Service”

    NEW YORK CITY—The retail and office power broker, who had her own firm and a host of experience under her belt, tells GlobeSt.com EXCLUSIVELY why her move last week to Cushman & Wakefield is a happy and healthy marriage for both parties, and for the industry.

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  • Brooklyn Heights Site Sold for Record Price

    NEW YORK CITY—The buyer’s cost is approximately $40 to $50 higher than other recent transactions in the area, CPEX Real Estate managing director Sean Kelly, who arranged the sale, tells GlobeSt.com.

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