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[24 Oct 2014 | No Comment | ]
Stonehenge hosts broker appreciation party

Stonehenge Partners  – a fully-integrated owner, operator and developer of premier residential and commercial real estate in New York City –  recently welcomed more than 100 brokers to its annual broker appreciation party at L’Express, located at 249 Park Avenue South, the retail space of Stonehenge’s 8 Gramercy.
At the event, Allen Wu, a broker with Fenwick Keats Real Estate, was presented with a $10,000 reward for winning Stonehenge’s Summer Broker Challenge, which was held fromJuly 21 to September 21 and awarded the broker with the most signed leases across the Stonehenge portfolio.
The event …

Brokers Weekly »

[23 Oct 2014 | No Comment | ]
PHOTO GALLERY: An evening with Neil Patrick Harris

TOWN Residential partner Hudson Union Society hosted an evening in honor of one of entertainment’s most popular and in-demand celebrities, Neil Patrick Harris. The event was held on October 15 at The Kaye Playhouse at Hunter College.

The evening was a  salon-style conversation between Harris and Joe Pascal, President of Hudson Union. Harris shared stories about his famed career and excerpts from his new book “Neil Patrick Harris: Choose Your Own Autobiography.”
TOWN Residential CEO and Co-Chairman Andrew Heiberger and President of Sales Wendy Maitland joined Harris backstage after the event for continued conversation.

Currently appearing in the number one box office hit Gone …

Deals & Dealmakers, Featured »

[23 Oct 2014 | No Comment | ]
Related Companies acquires stake in CORE

Related Companies today announced that it has acquired a stake in CORE, a boutique real estate brokerage in Manhattan, to further expand CORE’s brand and offerings throughout New York City.

“This is an incredible opportunity for CORE to align ourselves and work alongside one the most respected developers in the United States,” said Shaun Osher, Founder and CEO of CORE. “Our teams share a similar vision and commitment to quality, design, lifestyle and innovation. This is a game changer.”

Deals & Dealmakers, Photo Gallery »

[23 Oct 2014 | No Comment | ]

Heavy hitters from the commercial real estate world gathered at 350 Madison Avenue to celebrate the redeveloped RFR Realty property with leasing agent Jones Lang LaSalle.

Deals & Dealmakers, Photo Gallery »

[23 Oct 2014 | No Comment | ]

Top real estate industry executives gathered to play Monopoly with current and former students at the NYU School of Professional Studies Schack Institute of Real Estate’s “Evening of Monopoly®” on Thursday, October 16, 2014 at ANDAZ Fifth Avenue. The charity event, hosted by the Alumni Association, honored two outstanding alumni: Carl de Stefanis (’94), chief executive officer of IVI International, Inc. (IVI), and Mark de Stefanis (’01), president of Construction Cost Recovery, Inc. (CCR). Proceeds raised at the school’s largest and most successful alumni fundraising effort of the year will …

Brokers Weekly, Photo Gallery »

[23 Oct 2014 | No Comment | ]

Developers JVL Property Group, Okada Acquisitions and West Coast developer Zion Enterprises showcased  432 W 52, Hell’s Kitchen’s latest 55-unit luxury condominium. Hosted on the property’s rooftop terrace, the preview offered the brokerage community a first look at the development – including eight model residences – as well as an opportunity to meet the development team. Themed as ‘A Taste of Hell’s Kitchen,’ guests indulged in a range of small plates and cocktails from notable local eateries including Southern Hospitality, Amy’s Bread, Noodies Thai Kitchen, Gotham West’s Genuine Roadside, Casellula and …

Brokers Weekly »

[23 Oct 2014 | No Comment | ]
HAVE YOU HEARD: Star broker Serhant has a new side-kick

REALITY television Realtor Ryan Serhant has a new side-kick and $15 million worth of new exclusives.
Longtime assistant Olivia Robertson is climbing out from behind her desk to become a full time agent, working with Serhant on his deals.
Robertson started out as an intern for the celebrity broker straight out of Hamilton College, where he also went to school.
She got her agents license in 2013 and began working her own deals as part of the Serhant Team.
The two now share several listings and have just begun marketing three luxury penthouses at …

Deals & Dealmakers, Featured »

[23 Oct 2014 | No Comment | ]
Thor buys 530 Fifth Ave for $595M

A partnership among Rockwood Capital, Jamestown, Crown Acquisitions and Murray Hill Properties announced the closing of the sale of 530 Fifth Avenue in New York to a partnership led by Thor Equities. The sale price was $595 million. The 26-story office and retail building occupies the entire western block of Fifth Avenue between 44th and 45th Streets.
Rockwood, Jamestown, Murray Hill, and Crown originally purchased the property in early 2012 for $390 million. Since acquisition, the ownership team has invested more than $10 million to modernize the building’s infrastructure, including renovations …

Deals & Dealmakers, Photo Gallery »

[23 Oct 2014 | No Comment | ]
PHOTO GALLERY: Cole Schotz cocktail reception

Cole Schotz’s Construction Services Group hosted a cocktail reception bringing together industry players involved in many of the largest construction projects in the area at the Press Lounge at Ink48 Hotel (653 11th Ave. in New York) on October 15.

Construction & Design »

[23 Oct 2014 | No Comment | ]

Hotel Indigo, a brand of the InterContinental Hotels Group, started construction at 8-12 Maiden Lane in the Financial District on October 15.
The 90,000 s/f structure designed by Gene Kaufman Architect has 24 stories and 190 rooms as well as a ground-floor restaurant and a rooftop bar.
The hotel’s design is a mix of old and new. The façade combines old-school masonry, for the bottom third, with sleek, modern glass, for the upper stories.
The interiors, which GKA also designed, use muslin and other fabrics that call to mind Maiden Lane’s history as …

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