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April 21, 2021
Silverstein Capital Partners (SCP), Silverstein Properties’ real estate lending platform, closed on a $700 million construction loan on Avenue Bellevue, a 1.1 million-square-foot mixed-use project in Washington State. The deal marks SCP’s first construction financing loan on the West Coast. Avenue Bellevue combines the first InterContinental Hotels & Resorts in the Pacific Northwest, 365 residential condominiums spanning two towers, and 73,000 square feet of retail and fine dining. Regarde...
April 11, 2021
VT: The term “offensive” has jumped a notch. Israel’s most powerful voice in the US has always been Fox News, owned by Israeli Likudist Rupert “Greenbaum” Murdoch. Christopher Bollyn’s work on Murdoch is below. Then we note that the article we are referencing from the Daily Beast is also curious. They are part of the Newsweek organization, part of a foundation owned by the Harmon family of JBL/Harman Kardon audio group. The controlling interest there is Jane Harman, former membe...
March 17, 2021
Javascript is disabled in your web browser. For full functionality of this site it is necessary to enable JavaScript. Please Allow Javascript and reload this page. Value of Beekman Tower cut by 45% in new appraisal 178-unit luxury residential complex mainly leased to corporate tenants New York / Share via Shortlink The luxury Beekman Tower in Midtown East is now worth nearly half its $146 million valuation from 2018. (Beekman Tower) Eight months since its owner sought pandemi...
March 16, 2021
The Next Amenity? Furnished Condos Developers are catering to buyers who want a true move-in experience, with the furniture already in place. The Lofts Pier Village in Long Branch, N.J., an oceanfront residential complex, is selling one- to four-bedroom apartments both furnished and unfurnished.Credit...Laura Moss for The New York Times By Hannah Selinger March 16, 2021 Developers looking for new ways to market apartments during the pandemic have decided that more is better, so they have begun ...
March 13, 2021
Share via Shortlink A rendering of 125 West End Avenue, Nuveen Real Estate managing director Nadir Settles and Taconic co-CEOs Charlie Bendit and Paul Pariser (Photos via Taconic, Nuveen) A major life sciences hub on the Upper West Side has completed a $600 million recapitalization. Taconic Partners, in partnership with Nuveen Real Estate, has been at work to transform an office building at 125 West End Avenue, and recently secured $393 million in construction financing from Apollo Glob...
March 12, 2021
Astoria Bier & Cheese [Official] Astoria Eats, a new Queens-based food delivery platform that launched earlier this week, is looking to provide a local, more cost-effective alternative so restaurants don’t have to rely on larger third-party delivery companies like Grubhub and UberEats. Already, the platform has signed on seven Astoria restaurants including popular Bangladeshi establishment Boishakhi and Greek spot Zenon Taverna. For now, the focus is local, and the delivery platform is meant ...
March 9, 2021
Presented by Uber Driver Stories The picks are in to lead Attorney General Tish James’ investigation into sexual harassment allegations against Gov. Andrew Cuomo: Joon Kim, the former acting U.S Attorney for the Southern District of New York, and employment discrimination lawyer Anne Clark will take the reins. The investigation will cover both what the governor said and did, and how his office handled the complaints — after high-ranking Democratic lawmaker charged the administration violat...
March 3, 2021
Javascript is disabled in your web browser. For full functionality of this site it is necessary to enable JavaScript. Please Allow Javascript and reload this page. Office landlords offer amenities to reel in employees Child care, food and outdoor desks among freebies for workers New York / TRD Staff (iStock/Illustration by Kevin Rebong for The Real Deal) In Manhattan, where just 15 percent of workers have returned to the office, landlords are getting frustrated competing wi...
February 25, 2021
Inman Connect As President Joe Biden’s $1.9 trillion American Rescue Plan hangs in the balance, more than 160 of the nation’s most influential executives are advocating for its passage through a letter addressed to majority and minority leaders Chuck Schumer, Nancy Pelosi, Mitch McConnell and Kevin McCarthy. Among the 160 signees are 27 residential and commercial real estate executives, including Zillow Co-Founder and CEO Rich Barton, The Corcoran Group President and CEO Pamela Liebman, and...
February 24, 2021
Share via Shortlink Silverstein Properties’ Larry Silverstein and Phase I of the Denizen Bushwick at 54 Noll Street (Getty, Google Maps/Illustration by Kevin Rebong for The Real Deal) Since Yoel Goldman’s All Year Management had its Israeli bonds delisted at the end of last year, the Brooklyn developer’s troubled assets have drawn interest from several investor groups. Now, one of New York’s most well-known developers has thrown its hat into the ring. Silverstein Properties has ...