New York
Lightstone Names New SVP to Lead Debt Platform
Eugene Rozovsky, who joined the company last year, will be in charge of real estate debt strategies. He previously worked at Madison Realty Capital and Hudson Realty Capital.
TransPerfect Relocates Global HQ to Manhattan’s Nomad Tower
The company signed a long-term lease with Global Holdings Management Group, which has owned the Midtown South trophy high-rise since late 2016.
NJ’s New Generation of Workspaces
Michael Sommer, executive vice president at Edison Properties, reveals how one of the largest office projects underway in Newark, N.J., acts as a catalyst for the revitalization of the area’s office space inventory and more.
Vineyard Wind Advances 1.2GW Liberty Wind Project
This would be one of the largest offshore wind projects in the world, capable to generate enough emission-free energy to power more than 750,000 New York households.
JLL Closes $280M Loan for Brooklyn Redevelopment
AIG provided a 15-year loan to a partnership between Midtown Equities and HK Organization for Empire Stores, a 443,000-square-foot office and retail property.
Vornado Refinances NYC Mixed-Use for $580M
The REIT secured an interest-only loan to replace a 2015 mortgage on the approximately 1 million-square-foot property in Midtown Manhattan.
Savills Studley Appoints New Executives
Claudine Larreur, Janet Woods and Christopher White bring years of experience to their new roles spanning human resources, brokerage and real estate transaction management.
Amazon Scraps Long Island City HQ2 Campus
The tech giant blamed political opposition for its withdrawal from a plan to create a 4 million-square-foot campus in Queens. Its next steps are unclear.
CBRE Facilitates Sale-Leaseback Deal in NJ
Seiko Holdings Corp. sold the 140,420-square-foot office/tech building in Mahwah, N.J., for $10.3 million. The property will continue to house the seller, as well as Nuance Communications.
Gramercy Property Buys 108 KSF Office in NJ
Rugby Realty sold 1290 Wall St. W. for $8 million. The five-story building last traded in 2016, as part of a 1031 exchange.