New York
Newly Designed JFK-Based Hotel Tops Out
The redeveloped TWA Hotel is on track to open at John F. Kennedy International Airport in New York in early 2019. Special features will include a Jet Age and mid-century museum, as well as the world’s largest lobby.
NY MOB Lands $17M Loan
The long-term FHA loan represents a permanent exit from a bridge loan that Greystone provided in 2015 for VestraCare’s acquisition of the skilled nursing facility.
Thor Equities Snags NYC Boutique Hotel
The 114-key James New York-SoHo features three food and beverage spaces, as well as meeting and event areas totaling 1,500 square feet.
11 KSF Office Sells in Northern NJ
The building, located near train service and highways, will be partially occupied by the new owner. The remaining space is being marketed to both office and retail tenants.
NYU Doubles Presence in Brooklyn
The school will occupy the first two floors of the former MTA headquarters, a 530,000-square-foot office building in downtown Brooklyn. The asset is undergoing major renovations, which are expected to be complete in 2019.
NJ Office Building Receives $26M Financing
Cushman & Wakefield arranged the loan for Hudson Equities Management’s recent acquisition of an office building in Woodcliff Lake, N.J. The asset is set to undergo multimillion-dollar renovations.
Onyx Equities JV Expands NJ Office Portfolio
The acquisition marks Onyx Equities’ and Garrison Investment Group’s fifth venture, expanding the joint portfolio to 1.4 million square feet.
L&L Signs Shiseido to 226 KSF in New York City
The cosmetics firm will relocate its Manhattan headquarters to 390 Madison Ave., a 900,000-square-foot redevelopment project the real estate investment firm is undertaking in a partnership with Clarion Partners LLC, on behalf of the New York State Common Retirement Fund.
Local Investor Grabs 140 KSF NJ Office Asset
Highstone Equity Group has retained Avison Young to continue leasing the available space at its recently purchased property in Ramsey, N.J.
Square Mile Capital Names New COO
Laurie Golub brings more than 25 years of experience to her new position, having previously served in various executive roles at HFZ Capital Group and Africa Israel USA.