Industrial Real Estate


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Leonard Stern with Wyndham Garden Hotel Newark Airport (Getty, Hotels Combined)
Tri-State

Hartz buys Newark Airport hotel for $34M, plans demolition

Hartz Mountain Industries just acquired a Newark Liberty International Airport hotel, but has no plans to add the structure...

Hartz buys Newark Airport hotel for $34M, plans demolition
Cushman's Gary Gabriel and Adam Spies with one of the Long Island Industrial Assets (Cushman, Sherwood Equities, Getty Images)
Tri-State

Silverman grabs Sherwood industrial portfolio for $76M

Jeffrey Katz’s Sherwood Equities is cashing in a piece of the hot industrial market on Long Island, selling a...

Silverman grabs Sherwood industrial portfolio for $76M
Equity Distribution Acquisition Corp. chairman Sam Zell (Getty)
National

Zell-backed SPAC fizzles

The deflated SPAC market has claimed another victim. The Sam Zell-backed Equity Distribution Acquisition Corp. will close up shop next month after failing to find a merger deal, Bloomberg reported. The special purpose acquisition...

Zell-backed SPAC fizzles
Innovo’s Andrew Chung with 28-90 Review Avenue (28-90 Review Avenue)

Andrew Chung’s Innovo plans ambitious warehouse in Sunnyside

Andrew Chung’s Innovo Property Group has its sights set on building another multi-level warehouse in Queens. The real estate...

Andrew Chung’s Innovo plans ambitious warehouse in Sunnyside

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