Become a GlobeSt influencer! Learn about our latest recognition opportunities highlighting the individuals, firms and teams changing the commercial real estate landscape.
NEW YORK CITY-Carlyle Realty Partners and Extell Development Co., developers of the 271-unit Rushmore condominium, are not willing to return the security deposits worth $16 million to the 41 buyers even after unfavorable court ruling.
NEW YORK CITY-Bazaar Perfumes has inked a lease for 10 years with Pi Capital Partners for 400 square feet of retail space located at 474 Seventh Ave. in the Garment District.
DAYTONA BEACH, FL-A Florida-based limited liability company has purchased a 13,841-square-foot Walgreens located at 2620 South Nova Rd. (SR 5A) in Daytona Beach from a Florida-based private investor for $2.39 million.
INDIANAPOLIS-Mayor Greg Ballard of Indianapolis has guaranteed an $86-million loan for a mixed-use project close to the south edge of downtown Indianapolis, where Eli Lily's headquarters is located.
NEW YORK CITY-BBDO worldwide, an advertisement agency, has extended its lease for 360,000 square feet of space in the 1.8 million square-foot tower located at 1285 Sixth Avenue until 2022.
CHICAGO-Atlanta-based Chick-fil-A Inc. is close to signing a lease agreement for a restaurant at 30 E. Chicago Ave., on the Water Tower campus of Loyola University Chicago.
CHICAGO-According to Berkadia Commercial Mortgage LLC, the proprietor of the Bourbon Square, the 612-unit apartment complex, in Palatine has refinanced the property with a loan of $57 million through the US Department of Housing and Urban Development (HUD).
NEW YORK CITY-Brookfield Properties' $200-million plus renovation proposal for its four-tower World Financial Center tower in Lower Manhattan is in trouble as it faces opposition from the City Planning Commission chairwoman Amanda Burden, who objects the removal of Winter Garden's extensive marble staircase.
NEW YORK CITY-A developer, 481 Washington Street LLC has purchased an office building measuring 46,000 square feet at 481 Washington St. for $13 million.