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NEW YORK CITY-The REIT has entered into an agreement with joint venture partner Garrison Investment Group to acquire a 5.6 million-square-foot portfolio from KBS.
Roadways, railways and a revitalized Panama Canal. Virtually every city in the US is laboring with an infrastructure woefully behind the times. But efforts are afoot nationally (to the extent that federal dollars can help) to upgrade our tattered ribbons of highways, to create high-speed rail and revitalize our ports to accommodate an anticipated new era of container shipping.
Condominium projects once marred by the economic downturn are coming back as rentals throughout the five boroughs. But despite strong fundamentals, will pricing plateau?
NEW YORK CITY-Lindenbaum — an influential figure in the real estate law community after the adoption of the city’s 1961 zoning resolution — most recently served as counsel to Kramer Levin Naftalis & Frankell LLP.
VALLEY STREAM, NY-Ed Rotter, chairman of Zeus Capital Managers, tells GlobeSt.com’s Jacqueline Hlavenka that the distressed condo project will be converted to rentals.
NEW YORK CITY-The owner/manager/developer known for its ground-up developments in Long Island City is now looking to build a 528-unit apartment tower or hotel in Midtown West, Rockrose's Patricia Dunphy tells GlobeSt.com's Jacqueline Hlavenka.
NEW YORK CITY-The company worked with Minnesota-based Oak Grove Capital on originating an $88.4 million Fannie Mae DUS credit facility toward the acquisition.