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Mashable Signs 38 KSF Lease to Relocate to 114 Fifth Avenue

Mashable Signs 38 KSF Lease to Relocate to 114 Fifth Avenue

Mashable, the mega-popular tech and social news blog founded in 2005 by Pete Cashmore—yes, the cool entrepreneur who made it to Forbes’ “30 Under 30” list—stroke a deal with L&L Holding company for 38,580 square feet of space at the newly renovated 114 Fifth Avenue in Midtown South.…

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TODAY’S DEALS: Madison Realty Announces Sale of Condo Units for $24.5M

TODAY’S DEALS: Madison Realty Announces Sale of Condo Units for $24.5M

Madison Realty Capital announced the sale of 49 condominium units totaling 64,561 net sellable square feet located in Sheepshead Bay, Brooklyn, N.Y.; and Centerline Capital provides a $4.2 million financing for acquisition and rehab.…

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Magnum/40 North J-V to Develop Student Housing in Manhattan

Magnum/40 North J-V to Develop Student Housing in Manhattan

The School of Visual Arts, one of the largest independently regionally accredited art colleges in the country, will add a new dormitory building to its campus in the Kips Bay neighborhood of Manhattan.…

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TODAY’S DEALS: The Bassuk Organization Closes on $210M Financing for Carlisle’s NYC 80-20 Project

TODAY’S DEALS: The Bassuk Organization Closes on $210M Financing for Carlisle’s NYC 80-20 Project

The Bassuk Organization Inc. announced the closing of a $210 million credit enhancement from Helaba Landesbank Hessen-Thüringen and PNC Bank; and NorthMarq’s Omaha office completed Freddie Mac refinancings totaling $34.1 million.…

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TODAY’S DEALS: George Smith Partners Secures $70M Cash-Out Refinance for Downtown LA Property

TODAY’S DEALS: George Smith Partners Secures $70M Cash-Out Refinance for Downtown LA Property

George Smith Partners provided financing for the takeout of a maturing construction debt; and Edgewood Capital supplies $2.15M for acquisition of non-performing loan.…

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Triangle Equities’ $200 Million Lighthouse Point Adds to Staten Island Wave of Developments

Triangle Equities’ $200 Million Lighthouse Point Adds to Staten Island Wave of Developments

Queens-based Triangle Equities is finally moving on with one of the largest mixed-use projects to be developed on the North Shore of Staten Island since Hurricane Sandy hit the area. Though the New York City Economic Development Corporation (NYCEDC) green lighted the development plans in early 2007, the project faced…

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Instrata at Mercedes House Fully Leased

Instrata at Mercedes House Fully Leased

If you need a anecdote for the strength of multifamily demand in Manhattan, consider that Invesco's 162-unit Instrata at Mercedes House has leased up to full occupancy in just 10 months. …

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Terreno Realty Corp. Pays $53.1 Million for Industrial Buildings in Queens, NY

Terreno Realty Corp. Pays $53.1 Million for Industrial Buildings in Queens, NY

San Francisco-based Terreno Realty Corporation recently acquired a real estate portfolio marketed under the name JFK Airgate and an adjacent parcel in Queens for a purchase price of $53.1 million, or around $232 per square foot.…

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Flatiron-Shaped Condo Tower Underway in Soho

Flatiron-Shaped Condo Tower Underway in Soho

A 16-story residential tower is underway in Manhattan’s Soho neighborhood as the city Board of Standards and Appeals unanimously recently approved the construction project proposed by Madison Equities and Property Markets Group…

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Citigroup Signs $1B Lease Extension to Relocate Headquarters in Lower Manhattan

Citigroup Signs $1B Lease Extension to Relocate Headquarters in Lower Manhattan

Citigroup Inc., the third-biggest bank in the U.S., and SL Green Realty Corp. recently signed a $1 billion lease agreement and renovation deal that will allow the financial giant to relocate its headquarters from the existing offices at 399 Park Avenue to a twin-building complex on Greenwich Street through December…

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25 K Sq. Ft. Retail Condominium in Manhattan Sold for $50 M

25 K Sq. Ft. Retail Condominium in Manhattan Sold for $50 M

As the Manhattan commercial real estate market is blooming, a retail condominium on Upper West Side changed hands last week in a $50 million transaction.…

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Seventh Hyatt-Branded Hotel in Manhattan to Open on New Year’s Eve

Seventh Hyatt-Branded Hotel in Manhattan to Open on New Year’s Eve

With the holiday season right around the corner, the Big Apple is as ready as ever for the winter wave of tourists, seasonal shoppers and business travelers alike. Hyatt Hotels Corporation announced the grand opening on New Year’s Eve 2013 of its seventh flagship hotel in the heart of New…

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