NEW YORK CITY-Two high-profile retail spaces in one of the city's hottest areas will be home to a pair of well-known retailers. Duane Reade will open an outlet in the Steelcase building and Daffy's will occupy the former Coliseum books space.
NEW YORK CITY-Holliday Fenoglio Fowler arranged the construction loan for the grocery-anchored retail center. Funds will be used to expand an existing Waldbaum's supermarket at the Deer Park, NY facility.
NEW YORK CITY-Two former Insignia/ESG power brokers and a major player from the Port Authority are showcased by CB Richard Ellis at a press conference yesterday. The new hires are part of a major push by the Los Angeles-based firm to beef up its New York presence.
NEW YORK CITY-The nation's fourth-largest law practice, formerly located in the World Trade Center, shed its temporary quarters for a new home at Seventh Avenue and 51st Street.
NEW YORK CITY-One of Insignia/ESG's brightest stars, Mary Ann Tighe, has resigned her position as vice chairman for an equally lofty post with rival firm CB Richard Ellis. Tighe was with Insignia since the beginning of her 18-year career.
NEW YORK CITY-JPMorgan Partners has hired Greg Carney to direct the J.P. Morgan Chase private equity group's real estate business. The former Starwood SVP will play a lead role in developing a portfolio-wide investment management program.
NEW YORK CITY-Landmark Education Corp. brings its Landmark Forum seminars to the mixed-use tower at 34th Street and Eighth Avenue. The largely residential building is anchored by a Loew's Cineplex Theater.
NEW YORK CITY-Burton Resnick's 1.1 million-sf Downtown office tower secures the first mortgage financing, which was arranged by Singer & Bassuk with funding provided by Morgan Stanley. The 34-story class A office tower was built in 1984.
NEW YORK CITY-After selling off its original facility to a newly formed entity, the computer giant will lease back 1.4-million-sf in a 10-year deal. All 4,000 employees at the upstate complex will keep their jobs.
NEW YORK CITY-If you can't buy them, copy them. Just a month after CB Richard Ellis' failed attempt to buy Grubb & Ellis, it is in serious discussions with a handful of ex-Arthur Andersen real estate people about beefing up its corporate consultancy, sources say. CBRE remains mum on the subject.