Northeast

Old paper mills are being reopened and repurposed to produce cardboard for the billions of packages that are humming through the new supply chain.

The WWE lease of more than 415,000 square feet was nearly 60% of all Fairfield County's 709,068 square feet of leasing activity in the first quarter. Despite the WWE's deal, the county registered 106,006 square feet in negative office space absorption in the first quarter.

RAL Development Services secured construction financing and signed a 99-year ground lease with NYCEDC.

Ladder Capital Finance provided the refinancing for the Garment District building.

Asana officials state that the fund received commitments from a diverse set of institutional investors, including public pension funds, corporate pension funds, insurance companies, endowments, foundations, sovereign wealth funds and family offices.

The five-year investment will include infrastructure changes by architect David Manfreddi and urban designer Gehl, a public square with tech-focused art installations by Culture Corp, a host of new restaurants and hybrid retail experiences, 5.5 million square feet of Class A office space, luxury residential towers and a second hotel.

“These are unsold condos being operated as a rental property given their condominium quality finishes and amenities,” says Kislak's Robert Holland.

The Regina Company produced a variety of music boxes before being driven into bankruptcy by the rise of the phonograph. It began focusing on production of vacuum cleaners in the 1930s.