New York
Marriott-Starwood Marriage Back On
Marriott International has topped Anbang Insurance Group’s bid to acquire Starwood Hotels & Resorts Worldwide, with an offer valued at $13.6 billion.
Top 10 NYC Commercial Property Sales Recorded in February 2016
A round-up of last month’s top 10 commercial property sales in the Big Apple.
NYC Seaport Redevelopment Commands $390M
China Oceanwide Holdings paid a hefty price to acquire 80 South St. from The Howard Hughes Corp., with plans to create a 113-story tower.
Choice Hotels, CapStar Partner on Cambria Brand Project
Choice Hotels International entered into a joint venture with the CapStar Hotel Co. to expand its upscale Cambria brand across the U.S. and Canada.
Empire State Realty Trust Signs New Tenant at 250 W. 57th in NY
The insurance affiliate of Lighthouse Guild International has signed a lease with an ESRT property in the Billionaires’ Row neighborhood.
Tutor Perini Wins Whopper of a Contract at NYC’s Hudson Yards Project
Tutor Perini has been awarded contracts worth roughly $1.2 billion for the construction of Tower D and The Shops & Restaurants retail complex at New York’s Hudson Yards development.
HFF Orchestrates Financing for Purchase, Transformation of Brooklyn Asset
HFF secured $162 million in financing for the acquisition and conversion of Hall Street Complex in Brooklyn, N.Y., into a creative loft office property.
ULI NY Announces Inaugural Award Winners in NYC
Urban Land Institute NY held its Inaugural Award Gala at Gotham Hall in Manhattan to honor its seven winners for excellence in New York-based development.
Time Warner Cable Lands Second ‘Experience Store’ in Manhattan, across NYU
Showcasing Time Warner Cable’s experimental retail concept, the new location will welcome customers into an interactive environment where they can learn about and apply a hands-on approach to products and services.
Republic of Turkey, Perkins Eastman Unveil Design for New NYC Consulate Tower
Designs for the Turkevi Center, a 32-story consulate tower to be constructed in Manhattan’s Turtle Bay neighborhood, call for an all-glass facade, among other prominent features.