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Debt on the 1930-built New Yorker Hotel building, a Manhattan icon, has changed hands.
News

Private Equity Firm Scoops Up $106M Loan On New Yorker Hotel

... space. The landmarked property’s former lender, M&T Bank, has been shopping around for a ... mature three months from the time that M&T began marketing the loan and remains ... to Bisnow’s requests for comment, while M&T and Newmark declined to comment to Bisnow ...

Sep 07, 2023
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New York City
News

After Coming Up Empty On Office Conversion Deal In Albany, NYC Pushes Renovation Tax Break

... to apply for the Manhattan Commercial Revitalization program — known as M-CORE. The offering, a strategic tax abatement aimed at ... significant, even with loosened restrictions. When it comes to M-CORE, Laremont said she isn't convinced there will be ...

Jun 21, 2023
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Chef Marcus Samuelsson's Recipe To Help Minority-Run Businesses Flourish
News

Chef Marcus Samuelsson's Recipe To Help Minority-Run Businesses Flourish

... different types of rent structures … Now that I'm successful in the food space, it's my ... can actually sustain that,” she said. “I'm hearing a lot of expansion and a lot of ... many make pledges on diversity and inclusion. “I'm reaching out to them to see if they ...

Jun 14, 2023
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Common founder and CEO Brad Hargreaves in 2021
News

Common's Brad Hargreaves Stepping Down As CEO As Company Plots Pathway To Profitability

... $113M before that and has among its partners Invesco, L+M Development Partners, Nuveen and Tishman Speyer. The company's portfolio ... -term capital strategy of the business.  “I'm excited about the new things I'm going to be working on,” Hargreaves said ...

Aug 03, 2022
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Dogged By 'Mistakes,' $1.2M Fine, Lawsuits And A Short Seller, Hotel Chain Shakes Up Leadership
News

Dogged By 'Mistakes,' $1.2M Fine, Lawsuits And A Short Seller, Hotel Chain Shakes Up Leadership

... a potential opportunity to accumulate more, right? I mean, I'm not recommending 'do it.' Do what you think is right ... designed to assuage those concerns. Arigo, who has worked at M&R Hotel Management, Hersha Hospitality Management and Highgate Hotels, takes ...

Mar 12, 2024
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Veteran developer Jonathan Landau will be working side-by-side with his daughter and son-in-law, Yaeli and DC Lowinger at their new firm Landau Properties.
News

Jonathan Landau On Launching His New Firm And Why He Left Fortis

... clean-slate, blank-palette perspective, I'm always looking for something that's going ... Miami) at the moment? Landau: I’m working on a pretty large office project right ... , I think in the office sector I'm looking for something differentiated, special, unique, ...

Jan 09, 2023
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It’s Not Just Selling Real Estate. It’s Telling A Story
News

It’s Not Just Selling Real Estate. It’s Telling A Story

... tech tool, but thinking about, what's the information I'm going to get here? And how can that information be ... because there's a tremendous opportunity to misrepresent space. I'm not suggesting that we don't take what we've ...

Dec 11, 2023
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The Olayan Group's 550 Madison Ave., a stone's throw from Central Park, signed two new tenants this week.
News

This Week’s N.Y. Deal Sheet

... specialized investment firm Corsair Capital. *** U.K.-based creative agency M&C Saatchi Group has signed a 13K SF lease at ... Estate’s 16 West 22nd St., according to a release. M&C Saatchi is relocating its general and executive offices from ...

Dec 05, 2023
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CIM Group, Australian Fund To Hand 1440 Broadway Back To Lender
News

CIM Group, Australian Fund To Hand 1440 Broadway Back To Lender

... to hand back the keys.” UPDATE, OCT. 18, 6 P.M. ET: A WeWork spokesperson said the firm is still a ... story has been updated. CORRECTION, OCT. 19, 4:15 P.M. ET: A previous version of this article misstated RXR’s ...

Oct 18, 2023
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Kristin Jordan, CEO and founder of cannabis brokerage Park Jordan, spoke to Bisnow about her start in real estate and how she found her niche.
News

Weekend Interview: Cannabis Brokerage Founder Kristin Jordan On Balancing Activism, Professionalism And 'Stinky Weed'

... I am not a corporate attorney, I'm not an M&A attorney, and in the very early ... component plus the regulatory process, so I'm fortunate to get speaking engagements and visibility because ... regulators is to bring a lawsuit. I'm hoping we can figure out a better ...

Oct 06, 2023
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