May 3 - 16, 2016

Digital Edition

New York City

New York, NY New York City’s multifamily sector defied a pessimistic macro-environment during the first quarter of 2016 as total dollar volume was even on a year-over-year basis and, after excluding the $5.45 billion sale of Stuyvesant Town & Peter Cooper Village, was up significantly from 4Q15 figures, according to Ariel Property Advisors’ newly released…Read More

New York, NY A new generation of occupancy requirements is compelling owners to adopt more creative leasing strategies to attract tenants and compete effectively with new construction, CBRE tenant-rep and agency leasing specialists said during a recent panel discussion. The panelists also identified key trends including location fluidity among occupiers, landlords’ drive for increased efficiency…Read More

New York, NY According to Cignature Realty Associates, the firm closed three deals totaling $109.6 million. In the first sale, a private investor bought a mixed-use building at 1616 Amsterdam Ave. in Hamilton Heights for $23 million from Sugar Hill Capital Partners. The 58,810 s/f, seven-story, 1916 elevator building features a mixture of 54 free…Read More

New York, NY During its first quarter of this year, Emerald Creek Capital, an industry leader in the alternative finance space, funded $40 million in real estate debt transactions. The eleven loans were secured by collateral located across five states and comprised of a mixture of multifamily, retail, mixed-use and office properties.    Emerald Creek’s…Read More

Queens, NY GFI Realty Services, LLC has brokered the $14 million sale of a rent-stabilized apartment portfolio in the Jamaica section. The elevator buildings, located at 162-20 and 164-03 89th Ave. are comprised of 73 apartment units and six retail spaces, totaling 89,344 s/f. GFI Realty managing director of investment sales Yosef Katz represented the…Read More

DUMBO, that tiny artsy waterfront neighborhood nestled among the Brooklyn Bridge and Manhattan Bridge, is having quite the moment: New residents, a booming commercial real estate market, news-making public art, all the while maintaining the feel of village-like community. Walking around, you know you’re in a special slice of New York. There is street art,…Read More

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Upcoming Events

  1. Bronx Bankers Breakfast

    May 6 @ 8:30 am - 11:00 pm
  2. NYBC 95th Anniversary Luncheon

    May 18 @ 11:30 am - 2:00 pm
  3. BuildingsNY Trade Show

    May 24 - May 25