Regions Northeast | New York
1250 Broadway Closes with $215M Financing via Carlton
May 16, 2008
The deal for 1250 Broadway in New York City, as previously reported by CPN, has found funding through Carlton Advisory Services, which closed $215 million of acquisition and mezzanine financing for its acquisition, Carlton has announced.
Rudin, St. Vincent’s Hospital May Revamp Greenwich Village Plan
May 16, 2008
New York City is a tough place to build, and no areas are more challenging to developers than the city’s historic neighborhoods, as the experience of the Rudin Organization and St. Vincent’s Hospital Manhattan has just proved again.
In N.Y., Century-Old Metalwork Shop Gives Way to Luxury Condos
May 16, 2008 - Source: New York Times
The SoHo shop John DeLorenzo and Bro. has been deemed more valuable closed than open.
donovan Second, Third-Tier Cities New Hotspots for Corporate Development: Report
May 16, 2008
Second-, and even third-tier cities, should be on corporations’ radar screens. They are good places to locate new manufacturing plants, call centers and IT hubs, a study on corporate development hot spots has concluded.
Rebuilding Downtown JPMorgan Chase WTC Development Plans in Doubt
May 15, 2008
Has JPMorgan Chase finally backed off on plans to build an office tower at the World Trade Center site in lower Manhattan?
suffolk Markland Acquires 47 Citibank Branches in $100M Sale-Leaseback
May 14, 2008
An Irish investment group, which market sources have pegged as Markland Holdings Ltd., has acquired 47 Citibank branches in the New York City metropolitan area for $100 million.
NYC Mega-Deal Updates: Tishman Speyer Sails from Hudson Deal, Madison Square Garden Redo Moves Ahead
May 13, 2008
First the Moynihan Station deal stalled. Now the Hudson Yards plan is billowing smoke.
Seven-Person East Coast Retail Team Joins HFF
May 13, 2008
Holliday Fenoglio Fowler L.P. has announced that a team of seven capital markets professionals and analysts will join the firm.
One Old Country Rd. Treeline Sells Nassau County Office Building for $65M
May 13, 2008
An entity controlled by The Treeline Cos. has sold One Old Country Road in Carle Place, N.Y., a five-story, 315,000-square-foot office building, for $65 million.
Law Firm Makes Move to 185,000SF Digs in New 52-Story NYT Building
May 13, 2008
Boston-headquartered law firm Goodwin Procter has settled into its new 185,000-square-foot home at the 1.6 million-square-foot New York Times Building.
Development on Manhattan's West Side Falls Through
May 09, 2008 - Source: New York Times
Tishman Speyer Properties was selected just six weeks ago to build the complex of office towers, apartment buildings, and parks over the railyards, the project is no longer.
Atlantic Yards MTA, Tishman Speyer Hit Roadblock on Hudson Yards Talks
May 09, 2008
The massive redevelopment of rail yards on Manhattan’s Far West Side is in limbo after talks between Tishman Speyer Properties and a local transit agency broke down late yesterday afternoon.
State Announces $25M in Funds for Building, Refurbishing Affordable Housing
May 08, 2008
New York State's push to increase its pool of affordable housing marches on as Gov. David A. Paterson announces that $25.5 million in grants and financing will be doled out for the renovation of 396 multifamily units in communities across New York City and in the western portion of the state.
Sony Building Chosen Corporate Facility of the Year
May 07, 2008
Grubb & Ellis Co. has announced that 550 Madison Ave. was selected by the Mid-Atlantic Building Owners and Managers Association as Corporate Facility of the Year.
395 hudson Newsweek Relocating NYC HQ to 395 Hudson
May 07, 2008
Newsweek has signed a long-term lease for approximately 163,000 square feet at 395 Hudson St., owned by the New York City District of Carpenters Pension Fund.
Whither the Humble Supermarket?
May 07, 2008 - Source: New York Times
Poorer neighborhoods in New York's Brooklyn and Queens boroughs are feeling the loss of local markets.
New Designs for Brooklyn's Atlantic Yards Project Revealed Amid Controversy
May 06, 2008
Forest City Ratner Cos., developer of the $4 billion mixed-use Atlantic Yards project in Brooklyn, just unveiled the most recent renderings of the development.
Murphy Tapped as CBRE Vice Chairman
May 06, 2008
Patrick Murphy, a 27-year commercial real estate veteran, has been promoted to vice chairman at CB Richard Ellis Inc.
$660M Sought for Empire State Building Makeover
May 05, 2008
The Empire State Building will get a massive makeover if Peter Malkin, chairman of  Wien & Malkin, has anything to do with it.
PR Giant Makes Move to Empire State Building
May 05, 2008
Sports and entertainment public relations firm Taylor has made the move to its new home on the 38th floor of the Empire State Building in Manhattan.
Indian Bank Renews Manhattan Lease
May 02, 2008
The Bank of Baroda has signed a 20-year, 10,500-square-foot lease renewal for its U.S. headquarters at 1 Park Ave. in Manhattan, a CB Richard Ellis Inc. source told CPN exclusively today.
 
Madison Capital, PREI Team for $1B Urban Investment Plan
May 02, 2008
As many investors hesitate to buy assets, even in New York City, Madison Capital and Prudential Investors have their eyes on the prize. The firms are joining forces to acquire up to $1 billion in retail and mixed-use properties, the partners disclosed earlier this week.
LIRR to Reopen Republic Train Station
May 02, 2008
The Long Island Rail Road plans to reopen the Republic train station in East Farmingdale, which could lead to a 1.2-million-square-foot development in the area, Newsday reported.
Delaware North Names Houser VP of Facilities
April 30, 2008
Buffalo, N.Y.-based Delaware North Cos. has promoted Jim Houser to the new position of vice president of facilities.
Esopus Creek Value,  Syms Shareholder, Demands Disclosure of  Development Intentions for 42 Trinity Place
April 29, 2008
Esopus Creek Value L.P., a shareholder that owns approximately 3.76 percent of Syms Corp., has announced that it sent a letter to the Syms Corp. demanding they disclose the development intentions for 42 Trinity Place in Lower Manhattan.
 

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Engaging Your Employees Essential
May 09, 2008
By Mike Myatt, Chief Strategy Officer, N2growth --Long gone are the days where the executive leadership of a company can remain sequestered in their offices with an internal focus on hard metrics. It is the soft metrics of customer centricity...

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By Mike Myatt, Chief Strategy Officer, N2growth --This is the third and final piece in this series on naming. The first column dealt with how to select a naming firm, the second one addressed the components that go into creating...

The Name Game, Part 2
April 25, 2008
By Mike Myatt, Chief Strategy Officer, N2growth --This week's column is part two in a three part series on naming. Last week's column contained advice on how to select a naming firm and today I'll address the elements that go...

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By Mike Myatt, Chief Strategy Officer, N2growth --The disciplines of branding and corporate identity have long been personal passions of mine, and nothing within this genre holds greater fascination for me than the practice of corporate naming. This column is...

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By Mike Myatt, Chief Strategy Officer, N2growth --The ability of an executive to sort out who, what, why, when, where, and how while contemplating how decisions are made will largely determine the qualitative outcome of said eventual decisions. Even though...