Peebles to Move Forward with Long-Delayed Air Rights Project

The letter of intent filed on Friday on behalf an affiliate of Peebles Corp. by Trademark Partners of Charlestown, MA is in connection with Air Rights Parcel 13 located on the northeast corner of the intersection of Massachusetts Avenue and Boylston Street, partially over the east and west bound lanes of the Massachusetts Turnpike and partially over the MBTA Green Line Hynes Station in Boston.

       

source https://feeds.feedblitz.com/~/618015140/0/globest/new-york~Peebles-to-Move-Forward-with-LongDelayed-Air-Rights-Project/

Savanna Leases Over 70K SF at Midtown West Property

Real estate investment manager Savanna has leased over 70,000 square feet of space at its newly renovated Midtown West office property at 19 West 44th St.

       

source https://feeds.feedblitz.com/~/618011598/0/globest/new-york~Savanna-Leases-Over-K-SF-at-Midtown-West-Property/

Sunset Park Industrial Property Welcomes 40K SQ FT In Leases

Madison Capital and Salmar Properties have signed two new leases at Liberty View Industrial Plaza located at 850 Third Ave. in Sunset Park, Brooklyn.

       

source https://feeds.feedblitz.com/~/618010910/0/globest/new-york~Sunset-Park-Industrial-Property-Welcomes-K-SQ-FT-In-Leases/

Spruce Capital Buys Indianapolis Multifamily Portfolio for $133M

Spruce Capital secured $102 million in Fannie Mae financing that was arranged by Newmark Knight Frank in connection with the purchase.

       

source https://feeds.feedblitz.com/~/618006286/0/globest/new-york~Spruce-Capital-Buys-Indianapolis-Multifamily-Portfolio-for-M/

Rental Fee Ban Sparks NY State, Real Estate Industry Tug-of-War

The New York Department of State has issued new guidance that will end tenant-paid rental commissions for landlords who retain a real estate agent. It has caused an uproar from the local real estate industry, who'll look to pursue legal action and say the legislation will hurt tenants more than help them.

       

source https://feeds.feedblitz.com/~/617834444/0/globest/new-york~Rental-Fee-Ban-Sparks-NY-State-Real-Estate-Industry-TugofWar/

M&T Bank Lends $85M For East River Land Development

M&T Bank has completed a $78 million loan with Two Trees Management, who will purchase land for the proposed development of two mixed-use towers and a six-acre park in Williamsburg, Brooklyn.

       

source https://feeds.feedblitz.com/~/617806068/0/globest/new-york~MT-Bank-Lends-M-For-East-River-Land-Development/

Brown Promoted to Lead New Jersey Project Management Team

Up until his appointment, Brown served as senior project manager at CBRE, where he partnered with clients and managed efforts of design consultants and general contractors to achieve project goals.

       

source https://feeds.feedblitz.com/~/617793652/0/globest/new-york~Brown-Promoted-to-Lead-New-Jersey-Project-Management-Team/

Northeast US Senators Press Feds to Advance Hudson Tunnel Project

New Jersey US Senators Cory Booker and Bob Menendez joined 13 other Northeast Senators in a letter to FRA Administrator Ronald Batory that the agency finalize and approve plans to immediately advance the Hudson Tunnel Project into the design and construction phase, noting the project secured draft Environmental Impact Statement approval in 2017.

       

source https://feeds.feedblitz.com/~/617790776/0/globest/new-york~Northeast-US-Senators-Press-Feds-to-Advance-Hudson-Tunnel-Project/