Extell sells $52M stake in Hudson Square site leasehold
Updated, 5:41 p.m., June 3: Extell Development has recapitalized its long-term leasehold at a Hudson Square development plot by...
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Bronx retail market blossoms
The Bronx retail market is asserting itself with several new centers that are expected to attract national retailers to the borough, the Wall Street Journal reported.
Real estate honchos dish out advice at YJP real estate summit
Aside from some sushi and a few much-deserved drinks, it was almost exclusively business last night at the Young...
Carlton House to get two more stories, townhouse addition in conversion project
The city’s Landmarks Preservation Commission unanimously signed off today on a gut renovation of the Carlton House Hotel, according...
Quiet firm pays $105M for Carnegie Hill rental
Susan Hewitt of the Cheshire Group, previous owner Mark Terk and 1327-1329 Lexington Avenue A low-key residential property company...
New tower planned atop Chelsea Market
Jamestown Properties is buying out its partners in the Chelsea Market for more than $225 million and planning to add a 300,000-square-foot tower atop the retail and office hotspot, which takes up the block...
Banks prepare $4 billion in CMBS
Deutsche Bank, UBS and JPMorgan Chase are preparing the year’s first bond sales tied to commercial property loans, sources told Bloomberg News. Deutsche Bank and UBS are partnering to issue as much as $2.5...
Angelo, Gordon’s real estate head, Keith Barket, remembered at mass today
Mourners are attending a mass this morning for Keith Barket, the top global real estate executive at investment firm...
New developer to market $30M project
Kate Shin and 170 East 80th Street (building photo credit: PropertyShark)Financier-turned-developer Kate Shin is preparing to put her first project — a newly renovated one-family townhouse at 170 East 80th Street — on the...
Barnett in contract to buy Carlton House
Gary Barnett and the Helmsley Carlton House at 680 Madison Avenue Gary Barnett’s Extell Development partnered with investment firm Angelo, Gordon to buy the Helmsley Carlton House at 680 Madison Avenue for about $170...