Paul Bubny is managing editor of Real Estate Forum and GlobeSt.com. He has been reporting on business since 1988 and on commercial real estate since 2007. He is based at ALM Real Estate Media Group's offices in New York City.
NEW YORK CITY-Edgerock’s Lazarus gives GlobeSt.com the story behind Hudson Pacific Properties’ $218-million offering, reportedly only the second REIT IPO to price within its range since 2007.
NEW YORK CITY-Goldman Sachs’ Urban Investment Group is providing equity along with backing a bond issue to help finance the 105-unit Bradford project.
NEW YORK CITY-The liquor giant will use its 56,156-square-foot space at the Moinian Group’s 530 Fifth Ave. for marketing offices, Newmark’s Gosin tells GlobeSt.com.
HEMPSTEAD, NY-The town’s supervisor has capped the mega-project’s towers at nine stories rather than 35 in a revamp the developer calls ‘unviable.’
NEW YORK CITY-The private equity giant will not acquire any of the real estate investments originally made by Merrill Lynch, the <i>Financial Times</i> reported.
MONTICELLO, NY-Both the St. Regis Mohawks and Empire Resorts say they’re pursuing other options following an impasse in negotiations over a casino at Monticello Raceway.
NEW YORK CITY-Manhattan’s leasing volume is on pace to finish 2010 north of 20 million square feet, say CBRE and C&W; nationally, CBD vacancy is down.