By Al Barbarino

Manhattan-based Trevi Retail has purchased 27,000 s/f of retail space at the Cammeyer building at 650 6th Ave. in the Flatiron District for $40 million, city records show.

The 67-unit, seven-story, stone-and-brick loft building, converted from offices to condos in 2007, includes ground floor retail space that is currently leased to Men’s Warehouse and FedEx Office.

By Al Barbarino
One of the largest U.S. REITs has won a patent infringement case brought against it by NorthMobileTech in the Western District of Wisconsin.
The District Court ruled that Simon Property Group’s “SIMON MALLS – more choices” iPhone and Android app does not infringe upon NMT’s patent for an invention known as “Marketing Method.”
NMT argued that Simon’s app – which interacts with computer servers to distribute marketing materials related to their shopping facilities to mobile devices – infringed upon the “Marketing Method” patent. The District Court denied that claim.
The …

A Lunch’n’Learn lecture will be held on August 24 at noon at Agawam Town & Village Realty offices at 55 Hill Street, Southampton Village to discuss Real Estate opportunities created by LIPA’s Clean Solar Initiative (CSI) feed-in tariff, and how to successfully develop a solar farm suitable for their FIT program.
LIPA’s CSI Feed-In Tariff (FIT) is a program in which a property owner with an eligible solar photovoltaic (PV) electric system is paid a fixed rate for every solar kilowatt hour generated over a 20 year term of …

Kevin Jonas, eldest of the superstar Jonas Brothers, was spotted at One Museum Mile (OMM) at 1280 Fifth Avenue doing a photo shoot for Social Life magazine.
We hear that in addition to the photo shoot, an E! crew was there filming for Kevin and his wife’s new series, Married to Jonas, premiering in August. The team was unavailable for comment.
A day later, OMM hosted a foreign press tour where guests were then taken to celebrity chef Marcus Samuelsson’s Red Rooster for a private tasting.”
Pritzker Prize-winning architect Richard Meier’s …

The Concrete Industry Foundation Inc. will honor structural engineer Irwin Cantor and builder Charles DeBenedittis, long time worldwide director of design and construction activities for Tishman Speyer and now an advisor to Tishman Speyer, at the Foundation’s annual awards presentation luncheon on October 4 at the New York Athletic Club in New York City.
Currently working on projects in China and elsewhere around the world, Irwin G. Cantor has also done an enormous amount of work in New York City, including Trump Tower and the Rockefeller Research Facility, among others.  Cantor …

Construction spending in June rose to a 2-1/2 year high as double-digit percentage increases in private residential and nonresidential construction more than offset an ongoing downturn in public construction, according to an analysis of new federal data released by the Associated General Contractors of America.
Association officials said they expect the disparity between private and public construction is likely to persist and urged policy makers to put more funding into infrastructure projects.
“The June, spending gains come on top of upward revisions to May and April totals, reinforcing the notion that private …

The Spot Experience, a fast-growing dog services provider, has launched a dog service amenity program for The Millennium Tower, the luxury condo near Lincoln Center.
As part of the program, Spot offers an array of dog services to building residents, giving them full-scale access to both in-house and off-site pet care.
Spot’s program for the tower has begun with a majority of the dog-owning residents already having scheduled informational tours or started on specifically tailored service packages.
“Our program is the ultimate amenity for the dog-owning tenant, providing white glove service to …

HFZ Capital Group announced that it is moving ahead with  plans to develop and convert into luxury residential condominiums the recently acquired 10-story, 122,000 s/f office building at 11 Beach Street.
City records show the company paid $62 million for the Tribeca property that sits on an “L” shaped plot with 81 feet of frontage on Beach Street, 52 feet of frontage on Varick Street and 101 feet of frontage on St. John’s Lane .HFZ has begun pre-development planning for the conversion.
The development will utilize the existing structure, re-coring the building …

By Sarah Trefethen

Now that NYU’s extensive construction plan has the green light from the City Council, West Village based residential brokers are waiting to see how the development will ripple into the real world of the West Village apartment market.

Meridian Capital Group negotiated $20 million in mortgage financing on behalf of Zahav Properties for 40 Gold, a recently constructed multifamily building at 40 Gold Street in New York.
The five-year permanent loan, provided by a local balance sheet lender, features a competitive fixed rate of 3.05%.
The property totals 14 stories and contains 56 apartments with 5,800 s/f of ground floor retail space.
The transaction was negotiated by Meridian Capital vice president Josh Rhine, who is based in the company’s New York City headquarters.
The sponsor assembled the land over the past several …