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Roundup
Real Estate Roundup 8.3.20
August 3, 2020Real Estate Roundup: New to the market SL Green is looking to sell its office property at...
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Acquisitions
GFI Realty Services arranges sale of Staten Island residential buildings
August 3, 2020GFI Realty Services has arranged the sale of 100 Belmont Place & 101 Daniel Low Terrace in...
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Leasing
Lord & Taylor files for bankruptcy
August 3, 2020Luxury department store chain Lord & Taylor along with its owner Le Tote sought bankruptcy protection from creditors after a...
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Acquisitions
Cape lands financing for Astoria project
July 31, 2020Cape Advisors and The Pioneer Group have secured a $225 million construction loan from Square Mile...
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Financing
Dov Hertz lands financing for 640 Columbia
July 31, 2020Dov Hertz’s DH Property Holdings and Goldman Sachs Asset Management have secured $154.8 million in construction...
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Acquisitions
Old Trump properties sell to Parkoff
July 31, 2020The Parkoff Organization has acquired 162-15 Highland Avenue, 8700 25th Avenue, and 8635 21st Avenue from...
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Roundup
Real Estate Roundup 7.29.20
July 29, 2020Real Estate Roundup: Manhattan luxury market update Fifteen contracts were signed last week at $4 million...
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Financing
Hotel owners face trouble ahead
July 29, 2020Many small and private hotel owners are in talks with lenders and are hoping for more government assistance...
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Leasing
Maison Kayser says goodbye to NYC
July 29, 2020French bakery Maison Kayser is looking to exit its leases for all of its NYC locations. The bakery...
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Leasing
Explaining the deluge of retail bankruptcy filings
August 7, 2020Troubled retailers are using Chapter 11 bankruptcy filings to quickly get out of costly, long-term leases and shutter...
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Roundup
Real Estate Roundup 8.5.20
August 5, 2020Real Estate Roundup: New to the market The $195 million senior mortgage on Vornado Realty Trust’s...
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Leasing
Retail continues rapid decline
August 5, 2020Suit retailer Men’s Wearhouse filed for bankruptcy as the coronavirus has kept millions of office workers at home...
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Politics
Dems fight for SALT Cap repeal
August 5, 2020Democrats hope the next coronavirus relief bill will remove the cap on state and local tax deductions...
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Leasing
Office leasing volume increases in Manhattan
August 5, 2020Manhattan leasing volume in July was 2.39 million SF, nearly six times more than the volume in...
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Roundup
Real Estate Roundup 8.7.20
August 7, 2020Real Estate Roundup: Leasing Backal Hospitality Group argued that because Governor Cuomo banned large gatherings, it...
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