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Home > Regional Digests > Northeast > Page 2
Crain's New York Business Extell Development has completed the long-term lease of a development site at 356 Fulton St. in downtown Brooklyn, N.Y., in a deal valued at $85.9 million. Feil Organization had planned to build a 43-story mixed-use building...
REBusiness Online Kushner Cos. has begun construction of a 307-unit apartment property that will be restricted to tenants 55 and older in the northern New Jersey borough of Fair Lawn, N.J. The property, at 19-00 Pollitt Drive, will have one-...
The Real Deal Larry Ackman, who long had been head of Manhattan brokerage Ackman-Ziff Real Estate Group, died early this week. He was 83. He became president of the New York company in 1968 and chief executive nine years later....
The Real Deal CIM Group has provided $70.5 million of financing against 88 University Place, a 90,000-square-foot office building in Manhattan's Greenwich Village area. The loan allowed the property's owner, a group that includes Arch Cos., to fund renovations to...
Multi-Housing News The Brodsky Organization has secured a $144 million loan from a life insurance company against its 312-unit Plank Road Apartments in the Prospect Heights section of Brooklyn, N.Y. The loan has a 10-year term and requires only interest...
REBusiness Online An affiliate of Hudson Meridian Construction Group is planning a 398-unit apartment property at 201 Munson St. in New Haven, Conn. The New York company is teaming with Paredim Partners, also of New York, to build the project. Paredim...
The Real Deal KSL Capital Partners has purchased the 96-unit Marram hotel at 21 Oceanview Terrace in Montauk, N.Y., for $78.5 million, or $820,000/room, from Bridgeton Holdings. Last year, Bridgeton, a New York developer, listed the property for sale along...
The Real Deal Property & Building Corp. is said to be close to securing $385 million in financing from JPMorgan Chase Bank against its HSBC Tower, an 864,303-square-foot office building at 452 Fifth Ave. in midtown Manhattan. The affiliate of...
REBusiness Online Beachwold Residential LLC has bought The Norwalk Collection, a 662-unit multifamily portfolio in Norwalk, Conn., for $293.5 million, or $443,353/unit. The New York developer bought the portfolio from a venture of Invictus Real Estate Partners of New York...
Multi-Housing News Invesco Real Estate Income Trust Inc. has acquired a majority interest in the Everly Roseland apartment property in Roseland, N.J., in a deal valuing the 360-unit property at $160.5 million, or $445,833/unit. Novel Property Ventures of New York,...
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