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Fascitelli’s Imperial Companies snags $134M refi for Hudson Yards tower
November 08, 2017 03:20PM
Michael Fascitelli’s Imperial Companies just landed a $134 million loan to refinance a 33-story rental tower in Hudson Yards. MetLife provided the financing for...
New high-end eatery coming to
Hudson Yards — but is it a decade too early?
July 26, 2017 10:45AM
Once completed, Hudson Yards will be home to thousands of residents and even more office workers. But so far the surrounding area has little...
Fascitelli takes over Cadre’s investment committee
January 04, 2017 11:05AM
Michael Fascitelli has taken over Cadre’s investment committee as its chair and senior adviser. The former Vornado Realty Trust CEO will now approve all...
Trump held fundraising meeting with top NYC developers
June 09, 2016 10:30AM
Donald Trump is tapping his friends and former peers in the New York real estate development community to help fund his presidential run.
Michael Fascitelli is Thor’s partner on $120M Apthorp deal
May 18, 2016 07:00AM
Michael Fascitelli is Joseph Sitt’s partner on the purchase of 71 sponsor units at the Apthorp on the Upper West Side, sources told The...
HFZ, Fascitelli eyeing Brooklyn development site
May 26, 2015 05:25PM
A massive site on the Williamsburg waterfront that could hold a high-rise development is getting ready to sell, and a partnership between Ziel Feldman’s...
Ex-Vornado boss Michael Fascitelli back in the game
December 02, 2014 02:34PM
About a year and a half after he resigned as the chief executive at Vornado Realty Trust, Michael Fascitelli is back on the New York City real estate...
‘s staff picks for the 10 biggest stories of 2013
January 06, 2014 05:17PM
New York City real estate can sometimes feel like a blood sport, with a host of rivals vying to get the upper hand. Luckily,...
Mega-REIT Vornado expects to sell more properties than it buys this year
April 16, 2013 09:00AM
Vornado Realty Trust will sell more properties than it acquires this year, chairman Steven Roth said in his annual letter to investors, according to...
Behind Vornado CEO Michael Fascitelli’s departure
April 05, 2013 10:30AM
From the April issue: Investors and analysts listening in on Vornado Realty Trust’s recent fourth-quarter earnings call were taken aback when, instead of hearing the...
Fascitelli’s Vornado exit a “succession failure,” new report says
March 08, 2013 05:30PM
Michael Fascitelli’s decision to step down as the chief executive officer of Vornado Realty Trust represents a failure of succession planning at the $30...
What really made Vornado’s CEO resign?
March 01, 2013 02:00PM
A columnist for Forbes, Brad Thomas, is speculating that Vornado Realty Trust’s bet on struggling retailer JC Penney is what forced CEO Michael Fascitelli...
Vornado refinances 1290 Sixth Avenue loan, collects $522 million
November 13, 2012 03:30PM
Vornado Realty Trust has nabbed a $950 million refinance of the 43-story, 2 million-square-foot office tower at 1290 Sixth Avenue, GlobeSt reported. This comes...
Vornado expects $20M a year bump at H&M space
August 07, 2012 04:30PM
Vornado Realty Trust’s CEO Michael Fascitelli was bullish on Upper Fifth Avenue in the company’s first ever earnings call, covering the second quarter of...
Downturn barely impacted Vornado’s cash flow
March 12, 2012 09:00AM
The recession had “almost no impact” on Vornado Realty Trust’s cash flow, CEO Michael Fascitelli said in a video interview with REIT.com. Fascitelli said...
Sternlicht raises money for new fund, seeks greater leverage
November 18, 2011 11:51AM
Starwood Capital is raising money for a new investment fund, CEO Barry Sternlicht said yesterday at NYU Schack’s capital markets conference at the Waldorf...
NYC brokers prep for world’s largest retail show in Vegas
May 20, 2011 02:18PM
From left: Bradley Mendelson, executive vice president of Cushman & Wakefield; Jeff Blau, president of Related Companies; Amira Yunis, executive vice president of Newmark...
Fascitelli: U.S. commercial real estate rebound not as robust as it seems
February 09, 2011 12:07AM
The rebound in U.S. commercial property prices is outpacing that of commercial rents, painting an unrealistically optimistic picture of the market, Michael Fascitelli, CEO...
Public REITs no longer “between a dog and a fire hydrant,” Vornado’s Fascitelli says
November 18, 2010 08:09PM
From left: James Stuckey, dean of the NYU Schack Institute of Real Estate and Michael Fascitelli, CEO of Vornado Realty Trust; Panelists from left:...
Related’s Stephen Ross tops 100 most powerful list
May 12, 2010 02:14PM
Some of the top 100, from left: Stephen Ross, Marc Holliday, Andrew Mathias, Mort Zuckerman and Dolly Lenz The New York Observer has released...
Carpenters finalize controversial deal with Related for 50 Hudson Yards
It’s official: the New York Wheel is dead
AG Underwood sues Queens landlords for manipulating 421a program
WeWork gobbles up another office building
WiredScore raises $9M in Series A
October 2018 issue
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