New York
Greysteel Opens First NYC Office
In order to accommodate the company’s continuing growth throughout the Mid-Atlantic, Greysteel will be opening a new location in Brooklyn Heights. The new office will be co-led by Michael Stimler and Ari Firoozabadi.
A Closer Look at FASB’s Latest ASU
BDO’s Julie Valpey and Brandon Landas discuss the key changes and impact of the Financial Accounting Standards Board’s latest update on real estate transactions.
JLL Named Leasing Agent for Iconic Manhattan Tower
Known as the Alliance Bernstein Building, Fisher Brothers’ 2 million-square-foot Midtown property is in the midst of a makeover designed by Skidmore, Owings & Merrill.
P3RE Acquires BroadAcres Office Park for $32M
Meridian Capital Group secured financing for the company and Cushman & Wakefield represented the Bloomfield, N.J.-based seller, Prism Capital Partners.
Patrick Murphy Moves to Cushman & Wakefield
In his 36 years of practice, Murphy represented major clients such as Citigroup, UBS Financial Services, Time Warner, Société Générale or KPMG.
Former ARC Hospitality Closes First Phase of $400M Investment
Rebranded Hospitality Investors Trust, the company has also completed a transition to self-management, having terminated its previous agreement with American Realty Capital Hospitality Advisors.
Gene Kaufman Architect Doubles Up in NYC
Soundview Real Estate Partners and Chartwell Hospitality, as well as The Lam Group, have tapped the firm for the design of two dual-branded Marriott hotels totaling 870 guestrooms.
Denholtz Associates to Upgrade NJ Office Building
Improvements at the two-story Class A asset in Bernardsville will be completed this summer.
Lincoln Property Nabs NJ Office Building
HFF arranged the sale of 1 Gatehall Drive, a four-story, Class A property in northern New Jersey.
Eastern Consolidated Secures $108M for NYC Condo Project
XIN Development’s seven-story building in Hell’s Kitchen will include 82 residential condominium units, as well as lower-level and ground-floor retail.