Category: New York City
Battery Conservancy selects Recart as new president
November 25, 2025
Manhattan, NY The Battery Conservancy has selected Paula Recart to assume the position of president of The Battery Conservancy on November 19, 2025. Recart’s election by the board of trustees follows an exhaustive five-month search in the which the board’s search committee was assisted by search
Avison Young arranges $147 million refinance for
255 Greenwich St. on behalf of Jack Resnick & S...
November 25, 2025
Manhattan, NY Avison Young arranged a $147 million first mortgage refinancing of 255 Greenwich St., a 600,000 s/f Class A office building with ground floor retail and parking in Tribeca, on behalf of an affiliate of Jack Resnick & Sons. The 14-story property was developed in 1987 by Jack Resnick & Sons, which was founded in 1928 and now spans three generations
Plaza College expands to 80,000 s/f at Muss Development’s Forest Hills Tower
November 25, 2025
Queens, NY According to Muss Development LLC, Plaza College has signed a long-term expansion and extension at Forest Hills Tower, the real estate firm’s 375,000 s/f Class A office property, bringing total occupancy to 99%.
Rosenblatt and Gerome of Cresa sell 6,096 s/f commercial coop. to Clark Construction for $3.25m
November 25, 2025
Manhattan, NY Cresa managing principal Bert Rosenblatt and vice president Alex Gerome represented Clark Construction Corp. for the $3.25 million acquisition of a 6,096 s/f commercial cooperative at 127 West 24th St. in Chelsea. The buyer is a general contracting and construction
Asian Real Estate Professionals Assn. guest speaker event features Wu of ZD Jasper Realty
November 25, 2025
Manhattan, NY The Asian Real Estate Professional Association (AREPA) hosted its distinguished guest speaker event at EisnerAmper, featuring Jasper Wu, vice president of ZD Jasper Realty. Jasper shared his expertise on real estate development, career
Reidy Contracting completes five projects in Empire State Building
November 25, 2025
Manhattan, NY Reidy Contracting Group (RCG) has completed five projects in the Empire State Building. The projects include the Empire State Realty Trust Amenity Space, Ghirardelli Chocolate & Ice Cream Shop, the Observatory, Dave & Adam’s Pop-Up Shop,
GFI Realty arranges $40 million acquisition loan for Avalon Brooklyn Bay
November 25, 2025
Brooklyn, NY GFI Realty Services closed a $40 million acquisition loan for 1501 Voorhies Ave., formerly known as Avalon Brooklyn Bay and rebranded by the buyer as Aqualina New York, located in the Sheepshead Bay neighborhood. The financing was secured through OceanFirst Bank and arranged by Daniel Lerer
SL Green secures $1.4 billion refinance for 11 Madison Ave.
November 25, 2025
Manhattan, NY Fried Frank advised SL Green Realty Corp. (SL Green), and its joint venture with PGIM Real Estate, in connection with the completion of a $1.4 billion, five-year, fixed-rate refinancing of 11 Madison Ave., a 2.3 million s/f office tower in Midtown South. The new mortgage replaces the
AANDAR Real Estate Capital closes $50 million across three transactions
November 25, 2025
Manhattan, NY AANDAR Real Estate Capital has closed three transactions totaling nearly $50 million within four weeks, spanning three asset classes and capital structures across the U.S. “These closings capture exactly what defines AANDAR — precision, creativity,
RXR CEO Rechler to receive ULI’s 2026 Visionary Leadership award on April 29, 2026
November 25, 2025
Manhattan, NY The Urban Land Institute New York (ULI NY) will honor Scott Rechler, chairman and chief executive officer at RXR, as the recipient of the 2026 Visionary Leadership in Land Use Award. The award will be presented at the 10th Annual Awards for Excellence in Development Gala on April 29
Legal AI for real estate transactions - by Thomas Kearns
November 25, 2025
In the 1980s we papered real estate transactions using custom drafted riders attached to forms printed by publishers like Blumberg, REBNY and others. As a young lawyer I grew frustrated with trying to keep track of precedent riders, agreements, and checklists, so I created a form bank for use by the department.
Slate Property Group secures $64 million refinancing for The Welz
November 25, 2025
Brooklyn, NY Slate Property Group (Slate) has closed on a $64 million refinancing for The Welz, a 162-unit multifamily property located at 159 Boreum St. in East Williamsburg. Developed by Slate Property Group and its partner Avenue Realty Capital (Avenue), and
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