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RE World Wants Next NYC Mayor to Keep Bloomberg Policies in Place
According to speakers on a Newman Institute panel titled “New York’s Next Urban Agenda,” the impact on real estate of Mayor Bloomberg’s 12 years in office has been broad and sweeping: 37 percent of the city has been rezoned, and it has added new stadiums and luxury housing along the Williamsburg and Queens waterfronts.
Manhattan’s South Street Seaport Redev Breaks Ground
Redevelopment of Pier 17 at Manhattan’s South Street Seaport into an upscale retail, entertainment and dining venue topped by a one and a half-acre rooftop offering city and harbor views began Thursday with a groundbreaking ceremony.
Swire Coca-Cola Leases 257 KSF from United Properties in Denver Area
A Coca-Cola distributor has leased a 257,351-square-foot warehouse under construction at United Properties’ Enterprise Business Center in Stapleton, Colo., in a deal negotiated by Newmark Grubb Knight Frank.
CREW Network Special Report: Gibson Advises on Capital Markets Performance
As the investment market continues to heat up, Mark Gibson has some advice: Carefully consider liquidity and how best to deploy your capital.
German Investor Sells Apple, Bulgari Stores in San Francisco for $160M
Two retail assets in San Francisco’s Union Square district, the Apple store at One Stockton Street and the Bulgari store at One Union Square, have been sold by German investor Deka Immobilien to an unidentified U.S.-based private investor for a total consideration of $160 million.
Forest City, Greenland Strike JV Deal for Atlantic Yards
In a bid to jump-start one of the nation’s biggest development projects, a Forest City Enterprises affiliate has struck a deal with a Chinese investment company to develop the Atlantic Yards project in downtown Brooklyn.
Cornerstone Sells 187 KSF Former Twitter HQ in San Francisco to ASB
Cornerstone traded 795 Folsom St., a six-story Class A office building in the South of Market district, for $110 million to ASB Real Estate Investments.
Paddison Takes Home CREW Network Circle of Excellence Award
The CREW Network announced its top awards last night during the 2013 Convention & Marketplace in Dallas. The four Impact Awards and topmost Circle of Excellence went to eight achievers exemplifying ideals critical to the organization’s mission.
Waldorf Astoria Naples Trades for $200M
The Waldorf Astoria Naples has come under new ownership in a transaction valued at approximately $200 million. An affiliate of Blackstone sold the 474-room luxury resort hotel and the 18-hole Naples Grande Golf Course to an affiliate of Northwood Investors.
Mayer Brown Signs 187 KSF Lease in NYC’s Rockefeller Center
The Rockefeller Group has completed an 187,000-square-foot lease with Mayer Brown at 1221 Avenue of the Americas, a 50-story office tower anchoring the western border of Rockefeller Center between West 48th and West 49th streets.