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Luxury real estate developer SHVO on behalf of a joint venture including Deutsche Finance America and BLG Capital Ltd. has secured a $230 million loan from LoanCore Capital in the acquisition of 530 Broadway in SOHO.
Workplace management platform Eden has acquired its competitor Managed by Q from WeWork after a months-long bidding process. The acquisition amount is undisclosed for the investment round that Jones Lang LaSalle Technologies led to cement the acquisition.
Proposition D was approved yesterday and it authorizes a vacant property tax on ground-floor commercial space in certain commercial districts with revenues dedicated to assisting small businesses.
Dynamic Star, a real estate development and investment firm, is in search of an equity partner to capitalize on the Opportunity Zone benefits at its development site in the Bronx called Fordham Landing, a $3.5 billion mixed-use community.
Burton currently serves as the director of operations for real estate development firm New Boston Ventures. She has served in that role for more than four years.
Keystone officials held a ceremony recently to celebrate the topping out milestone alongside executives from AmerisourceBergen, which will be relocating its global corporate headquarters to the building.
Due to mounting concerns about the coronavirus, the Federal Reserve has slashed interest rates, which in turn can lead a flurry of homebuyers to the market to secure investments. However, that sugar high isn't expected to last long.
Cushman & Wakefield is marketing 217-14 24th Ave., a 64,810-square-foot development site in Bayside, Queens, on behalf of A.Real Yyz L.P. The 1.5-acre development site has over 250 feet of frontage on Little Neck Bay in Queens.
The expansion of the Hudson-Bergen Light Rail's West Side Avenue Branch will add a new station that officials believe will encourage growth along the Hackensack River waterfront.