Office real estate investment trust SL Green is set to lead a search process to find another partner to replace the Chinese conglomerate HNA Group in a potential recapitalization of 245 Park Ave.
Silverstein Properties, a New York-headquartered real estate development, investment and management company, has welcomed Goldman Sachs real estate executive Dino Fusco to the company as chief operating officer to help grow the firm's global footprint.
Even though the U.S. hotel industry registered record-breaking performance levels during 2019, RevPAR growth was the lowest since the current cycle began in 2010.
Companies looking to take advantage of the current capital environment should consider these factors, writes Gino Sabatini of W. P. Carey in this exclusive column.
Brookfield Properties is buckling down on its sustainability strategy. The Canadian-headquartered asset management firm has zeroed in on upgrading its Brookfield Place Central Plant to reduce its carbon footprint, increase energy efficiency and lower overhead costs.
Brookfield Properties has leased 87,000-square-feet to international energy company National Grid at 2 Hanson Place, Downtown Brooklyn. The 15-year lease includes the 11th and 12th floors of the 14-story Class A building.
The New York Botanical Garden has partnered with Douglas Development to construct a two-building, 450-unit affordable housing development for seniors and families.
Klee, who held several executive positions at GE, served as GE’s vice president of Boston development and operations and led the search for GE’s new headquarters and eventual move from Fairfield, CT to Boston.
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