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Cleveland-based Forest City Realty Trust has been in prolonged talks with real estate investment firm Madison International Realty on the possible sale of its majority interest in the 2.1-million-square-foot portfolio located in Manhattan, Brooklyn, Queens, the Bronx, Staten Island and Northern New Jersey.
CenterSquare CEO Todd Briddell and other senior executives, along with private equity firm Lovell Minnick, are acquiring the real assets investment boutique from BNY Mellon, its owner since 2006.
Nuxeo, which established its U.S. operations in New York City in 2012, is leasing 12,500 square feet of space at 10 Jay St. The lease deal at the 230,000-square-foot building was announced by brokerage firm Newmark Knight-Frank.
There's much going on inside the Beltway that will impact the commercial real estate industry, no sector more than multifamily. One RED Capital insider lays out the prospects in this exclusive Q&A.
The Park, Bankers Hill, has set the record for the highest-price home sold in this submarket, and Zephyr's Brad Termini tells GlobeSt.com there will always be a market for the best of the best.