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Located at 60-70 Spruce Street in Paterson's Great Falls historic district, around 90 filmmakers, photographers, and many other creative professionals call Art Factory Studios home.
In an EXCLUSIVE GlobeSt.com interview, the CEO of CapStack Partners previews the RealShare New York Nov. 13 conference pointing out alternative lenders are not disappearing.
The $400 million first phase of project has reimagined an ageing and underutilized section along Market Street into a dynamic full block of leading stores and popular restaurants.
In the past 10 years, FIRE's market share of occupancy in Lower Manhattan has fallen from 55% in 2008 to a little over 35% today, according to the third quarter Lower Manhattan Real Estate Report released today by the Alliance for Downtown New York.
Hotel room inventory in Lower Manhattan is expected to increase 27% in the next few years and if all projects in the pipeline move on to development, the hotel inventory in Lower Manhattan will reach 9,019 rooms in 45 hotels by 2020.
At closing, the venture will acquire an initial portfolio of assets of approximately 6.9 million square feet of operating properties and 371 acres of land from Prologis' balance sheet with a commitment to build out the existing land bank.