NEW YORK CITY-The finance firm says it has closed on the largest real estate mezzanine fund ever raised. Total equity of the just-closed fund is more than $845 million.
NEW YORK CITY-Utility giant KeySpan and the former owner of a family-run contracting firm it bought last year are locking horns over the contractor's claim that he has yet to receive the bulk of the agreed-upon purchase price.
NEW YORK CITY-A high-tech version of the short-lived Web-incubator concept that sublets turnkey office space to small tech companies signed 21 new tenants at its five locations in July and the 40,000-sf space here is fully leased.
Our July 23 story, <b>Boston's Downtown Sublease Space Jumps 651%</b> continues to stir up controversy. Here, the source of our data adds his voice to the chorus.
NEW YORK CITY-The "flight-to-quality" mindset that sent Wall Streeters scurrying from dot-coms back to blue chips has brought net lease deals into favor among building owners. Increasingly, buyers are opting for the security that a long-term, low-maintenance net lease deal can offer.
NEW YORK CITY-Fledgling commercial mortgage lender Bond Street Capital is about to name a managing director, and GlobeSt.com has learned that former CIBC executive Eli Hattem is a frontrunner. Bond Street, which already has $150 million in business on its books, will make Manhattan its base.
NEW YORK CITY-A 20-story, 150,000-sf luxury residential building in Manhattan's upscale Gramercy East neighborhood is the maiden New York City project by a joint venture between Post Properties and the Clarett Group.
NEW YORK CITY-A Manhattan-based Christian college that has outgrown its current facilities signed a 10-year lease yesterday on four floors of a 73,000-sf building. The space will be used for administrative offices and classrooms.
