Greenpoint Landing Opens Second Multifamily Tower at Greenpoint Landing

Brookfield Properties and Park Tower Group have opened Two Blue Slip, a second multifamily tower, at Greenpoint Landing in Brooklyn. Leasing efforts are underway for the property that is situated on the East River waterfront in the Greenpoint submarket.

       


source https://feeds.feedblitz.com/~/618741868/0/globest/new-york~Greenpoint-Landing-Opens-Second-Multifamily-Tower-at-Greenpoint-Landing/

How CRE Can Adapt to Climate Change

An urbanizing world has put commercial real estate practices in the spotlight. Gensler’s Co-CEO’s Diane Hoskins and Andy Cohen discuss the ways the industry can lessen its climatic stress.

       


source https://feeds.feedblitz.com/~/618739590/0/globest/new-york~How-CRE-Can-Adapt-to-Climate-Change/

Retail at Park Row Heats Up Financial District

The mixed-use office and retail tower under development in Downtown Manhattan's Financial District at 25 Park Row is seeing a wave of interest from retailers, some with small-to-large footprints and letters of intent for flagship buildouts.

       


source https://feeds.feedblitz.com/~/618694138/0/globest/new-york~Retail-at-Park-Row-Heats-Up-Financial-District/

LIC Industrial Mixed-Use Property Kicks Off Leasing for 89K SF

Local development firm Barone Management constructed the industrial property located at 9-03 44th Road, which is said to be the first ground-up industrial property in the market to come online in the last 30 years.

       


source https://feeds.feedblitz.com/~/618692140/0/globest/new-york~LIC-Industrial-MixedUse-Property-Kicks-Off-Leasing-for-K-SF/

Moinian Group Secures $105M Loan for Luxury Residential Building

The Moinian Group, a national real estate owner and operator of real estate, has secured a $105 million loan from the Bank of China to refinance 572 11th Ave. on the southeast corner of West 43rd Street and 11th Avenue, in Hell’s Kitchen, Manhattan.

       


source https://feeds.feedblitz.com/~/618367400/0/globest/new-york~Moinian-Group-Secures-M-Loan-for-Luxury-Residential-Building/

Largest Condo Deconversion in Illinois Goes to NY Investment Firm

CLK, LLC acquired the complex for $94 million, according to Cagan’s Realty, Inc., an affiliate of Cagan Property Management Inc. of Skokie, IL, which represented CLK in the transaction.

       


source https://feeds.feedblitz.com/~/618352494/0/globest/new-york~Largest-Condo-Deconversion-in-Illinois-Goes-to-NY-Investment-Firm/

High Construction Costs and Saturation Hearken to Recession

High construction costs and market saturation all point to a recession within the next year as developers and other industry players travel back and forth to the drawing board to figure out when a slowdown of economic activity will happen and how to best prepare.

       


source https://feeds.feedblitz.com/~/618341494/0/globest/new-york~High-Construction-Costs-and-Saturation-Hearken-to-Recession/

Urban Edge Properties Acquires Pair of Brooklyn Mixed-Use Buildings

Urban Edge Properties, a real estate investment trust focused on urban retail real estate, has acquired two mixed-use buildings in the Midwood submarket of Brooklyn for $165 million.

       


source https://feeds.feedblitz.com/~/618341498/0/globest/new-york~Urban-Edge-Properties-Acquires-Pair-of-Brooklyn-MixedUse-Buildings/

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