NEW YORK CITY-After axing a bankruptcy auction, BGC—the company that also owns brokerage firm Newmark Knight Frank— is expected to acquire all of Grubb’s assets after a hearing later today.
NEW YORK CITY-Friday, March 23 is the last day for new technology companies and creative start-ups to respond to an economic impact survey about their commercial real estate needs in DUMBO, the Navy Yard and Downtown Brooklyn, officials said at a media briefing on Wednesday afternoon.
NEW YORK CITY-Approximately 75 acres of land are available for lease and have the potential to be developed into large-scale facilities that could generate 20 megawatts of energy, or about 6% of the borough’s energy needs.
NEW YORK CITY-The 6.5-million-square-foot complex is experiencing a renaissance of sorts, emerging as a hub for creative, industrial and office users. GlobeSt.com’s Jacqueline Hlavenka talked with Industry’s City’s Bruce Federman about the site’s past, present and future.
NEW YORK CITY-Moody's chief economist said at IPD’s US Real Estate Investment Forum on Tuesday morning that the economy is showing a “palatable sea change” from last year, but impediments still exist.
NEW YORK CITY-The president and co-managing partner of the Manhattan-based firm talks with GlobeSt.com’s Jacqueline Hlavenka Midtown South’s tech boom, retail leasing and other untapped areas of the city ripe for development.
NEW YORK CITY-Proceeds of the loans will be used to refinance the prior liberty bonds, pay closing costs and return preferred equity investment to the sponsor, according to a report from Fitch Ratings.
NEW YORK CITY-The two New York-based firms will provide discretionary capital that traditional banks may not be able to underwrite, Hudson’s Spencer Garfield tells GlobeSt.com’s Jacqueline Hlavenka.
NEW YORK CITY-Cushman & Wakefield Sonneblick Goldman served as the exclusive advisor to the Long Island based-REIT on the financing for the 190,000-square-foot shopping center, anchored by TJ Maxx.