Kaufman Investments Acquires Midtown South Mixed-Use Property

Kaufman Investments has acquired 56 West 22nd St., a 66,190-square-foot boutique office and retail property in the Flatiron District for $48.5 million. Jones Lang LaSalle arranged the transaction for the 12-story property.

       

source https://feeds.feedblitz.com/~/620523590/0/globest/new-york~Kaufman-Investments-Acquires-Midtown-South-MixedUse-Property/

Coronavirus Market Reset Highlights NYC Real Estate Interdependence of Public and Private Partnerships

With uncertainty clouding the economy, New York City real estate owners are asking how the current market reset can finally bring real estate professionals and politicians together and resolve battles about the bills and regulations that impacted the sector before the pandemic.

       

source https://feeds.feedblitz.com/~/620411536/0/globest/new-york~Coronavirus-Market-Reset-Highlights-NYC-Real-Estate-Interdependence-of-Public-and-Private-Partnerships/

Apartment List Report Highlights Most Exposed U.S. Workers to Coronavirus Pandemic

Apartment List has released a new report highlighting the stark differences between groups of U.S. workers and which are most exposed to current economic conditions caused by the coronavirus.

       

source https://feeds.feedblitz.com/~/620409964/0/globest/new-york~Apartment-List-Report-Highlights-Most-Exposed-US-Workers-to-Coronavirus-Pandemic/

Fairstead Scoops 204-Unit Affordable Apartment Community in Rhode Island

Fairstead, a real estate firm committed to the preservation of affordable housing, has acquired Festival Field Apartments, a 204-unit Section 8 family apartment property located in Newport, Rhode Island for $33.25 million.

       

source https://feeds.feedblitz.com/~/620407838/0/globest/new-york~Fairstead-Scoops-Unit-Affordable-Apartment-Community-in-Rhode-Island/

Tower Holdings Coordinates with Subcontractors to Lower Coronavirus Risks

Tower Holdings Group, a development and construction firm headquartered in New York City, is coordinating with its subcontractors to lower the risk of infection at its project sites throughout the city, which have already seen a reduced number of staff, Iryna Suhnaska, executive vice president at Tower Holdings, tells GlobeSt.com.

       

source https://feeds.feedblitz.com/~/620409314/0/globest/new-york~Tower-Holdings-Coordinates-with-Subcontractors-to-Lower-Coronavirus-Risks/

CarePoint Health Signs Deal to Sell Bayonne Medical Center

BMC Hospital LLC is comprised of Wayne Hatami, Anthony Degradi, and Feliks Kogan who are part owners of multiple ambulatory surgery centers in New York and New Jersey.

       

source https://feeds.feedblitz.com/~/620354776/0/globest/new-york~CarePoint-Health-Signs-Deal-to-Sell-Bayonne-Medical-Center/

Borrowers Adjust Footing In Volatile Capital Markets, Coronavirus Pandemic

Borrowers are reassessing their current deals in the pipeline amid the coronavirus pandemic, bearing down on the underwriting of assets and consulting with lenders on existing loans and new loans to close deals as quickly as possible.

       

source https://feeds.feedblitz.com/~/620352890/0/globest/new-york~Borrowers-Adjust-Footing-In-Volatile-Capital-Markets-Coronavirus-Pandemic/

Co-living Operator Outpost Allocates Housing for Medical Staff On Coronavirus-Frontlines

Outpost Club, a New York-based real estate company operating 25 co-living communities across New York, New Jersey and California, will create dedicated housing for traveling doctors and nurses on the frontlines treating coronavirus, or COVID-19, patients.

       

source https://feeds.feedblitz.com/~/620351634/0/globest/new-york~Coliving-Operator-Outpost-Allocates-Housing-for-Medical-Staff-On-CoronavirusFrontlines/