Savanna has completed the construction financing of the 141 Willoughby Street development project in downtown Brooklyn, the firm announced.
Savanna secured $264 million of debt financing from lenders including funds managed by CarVal Investors. With official groundbreaking completed in late 2020, Savanna is building a state-of-the-art, WELL Certified 400,000 s/f office and retail building designed by Fogarty Finger with SLCE Architects as executive architect.
“Assembling construction financing for a major ground-up commercial development is a significant feat in the best of times, and to do so successfully during an unprecedented pandemic reaffirms our belief in the 141 Willoughby vision and Savanna’s commitment to New York City,” said Cooper Kramer, Managing Director at Savanna.
Meet the candidates running for Syracuse mayor
Emily Steinberger | Photo Editor
(Clockwise from top left) Thomas Babilon, Khalid Bey, Janet Burman, Michael Greene and Ben Walsh are all running for Syracuse mayor.
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Five candidates are running for election in the 2021 Syracuse mayoral race two Republicans, two Democrats and incumbent Mayor Ben Walsh running as an independent. The Democrats and Republicans will face each other in the June 22 primary with the winners of both primaries going up against Walsh on Nov. 9.
Here’s a breakdown of each candidate’s background and plan for the city, in alphabetical order:
JG
When Julissa Gutierrez was appointed New York’s chief diversity officer last summer, she was tasked with registering more MWBEs and reaching the state’s ambitious 30% MWBE contract utilization goal – which New York nearly did, with the state announcing in December that 29.51% of its contracts had been awarded to firms owned by women or minorities in the 2019-2020 fiscal year. An expert on Latino issues and civic engagement, Gutierrez previously held key roles with the National Association of Latino Elected and Appointed Officials Educational Fund.
2. Jonnel Doris & Dynishal Gross
Commissioner; Deputy Commissioner, Division of Economic and Financial Opportunity, New York City Small Business Services
How New York City Is Preparing Its Workforce For The Changing Economy mnn.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mnn.org Daily Mail and Mail on Sunday newspapers.
Nine Must Reads for the CRE Industry Today (April 29, 2021) In a good sign for the recovery of the convention business, one of the largest trade shows in the country, CES, will resume as a physical event in Las Vegas in January, reports The Wall Street Journal. Hotel rates are on the rise, especially among leisure properties, according to CNBC. These are among today’s must reads from around the commercial real estate industry.
CES Plans Return to Las Vegas in 2022 “The Consumer Technology Association, the trade group that puts on the event, said CES will begin Jan. 5 with at least 1,000 companies, from Amazon.com Inc. to Sony Group Corp. , already signed up to show off their innovations.” (