This Week In Real Estate Numbers
$5.06B --> What Goldman Sachs paid to settle federal and state investigations of its underwriting and MBS sales from 2005 to 2007.
$12.2B --> The value of RXR Realty's 23M SF of investments. RXR CEO and Chairman Scott Rechler recently did a one-on-one interview with EisnerAmper Real Estate Services Group Chair Kenneth Weissenberg for our inaugural Bisnow TV segment.
$75M --> How much Maryland plans to spend to tear down 4,000 vacant homes in Baltimore in order to raise property values and reduce crime.
25k SF --> The size of the retail planned in the Chetrit Group’s planned hotel-condo conversion of the Sony Building on Madison Avenue.
$1.7B --> The size of a 88-property sale that netted Kimco Realty $908M in Q4' 15.
$150B --> GE's current revenue, which will make it the biggest public company in Massachusetts, once it relocates to Boston.
30-2 --> The owners' vote to allow the St. Louis Rams to move to Los Angeles. The San Diego Chargers could join the Rams at the 80,000-seat, $1.86B stadium project in nearby Inglewood.
40,204 --> The amount of affordable housing units provided funds by New York City's administration since Bill de Blasio took over as Mayor on Jan. 1, 2014.
$300M --> The bid American Apparel received from two investment firms (Hagan Capital Group and Silver Creek Investors) to help ex-CEO and ousted founder Dov Charney regain control of the struggling retailer.
91% --> The percentage of holiday sales done in brick-and-mortar retail stores, according to an ICSC survey.
6.8 --> The megawatts generated by three natural gas “co-generating” plants at The Durst Organization’s Hallets Point development in Astoria. The development will be the first NYC complex independent of the city’s power grid.
24.7% --> Hedge fund manager Jonathan Litt's returns in net fees in 2015 investing in REITs.
$18M --> 432 Park Ave's first recorded sale, selling a 4k SF, 35th-floor apartment to an entity known only as "432 Parkview LLC."
4.6% --> The expected jump in apartment rent growth in 2016, according to Yardi Matrix. The jump will be led by tech hubs like Denver (11.2% rent jump), San Francisco (11%) and Portland (9.2%).
$202M --> The amount Facebook paid for its Menlo Park campus in a deal struck when the company first leased the former Sun Microsystems campus back in 2011.
$10B --> The amount of New York real estate Blackstone purchased in 2015.
$625M --> The value of the 250k feet of air rights that Blackstone secured as part of its historic $5.4B purchase of Manhattan's Stuyvesant Town and Peter Cooper Village.
1,066 feet --> The new height of JDS Development’s 340 Flatbush Ave, according to new permits.