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The restructuring program includes a reorganization and simplification of its field operations, significant reduction in management positions across the business and outsourcing of several functions.
Larry Silverstein, chairman and founder of real estate development and management firm Silverstein Properties, has had eyes for Lower Manhattan since his first acquisition at 44 Wall St. in the early 1970s.
Wagamama has opened up another location in Midtown at 100 W 55th St. as part of its plan to open more locations across the Northeast in markets such as Washington, D.C.
Turnbridge Equities, a national real estate development and management firm, has unveiled plans for a 1.2-million-square-foot last-mile distribution center in the South Bronx located at 980 East 149th St.
Metropolitan Realty, a real estate company, has tapped Cushman & Wakefield to lead leasing efforts for 50-05 Metropolitan Ave., a mixed-use retail and office development in Ridgewood, Queens, bordering Brooklyn.
The Hailey's prime location directly adjacent to the Tacoma public library in the center of downtown made it an attractive investment opportunity and will provide renters with a new option in Tacoma.
The sale of Sol at West Village, a 2,289-bed 663-unit luxury student housing community at UC Davis, surpasses the $235 million University View transaction sold in 2018.