Corcoran Sunshine takes over from Stribling at 45 Park Place

With construction well underway at 45 Park Place, Soho Properties has brought in Corcoran Sunshine Marketing Group to jump-start sales at the 50-unit condominium. Developer Sharif El-Gamal has tapped Corocran’s Vickey Barron to lead the marketing effort, replacing a team from Stribling & Associates, which had been working on the project since mid-2014. “This is […]

Rubenstein Partners hires RXR’s head of acquisitions

Rubenstein Partners poached the acquisitions guru who helped build RXR Realty from a suburban office investor to one of the city’s biggest commercial landlords as the Philadelphia-based company looks to grow its footprint in New York. Robert Andrews joined Rubenstein as director of its burgeoning New York City office, company executives told The Real Deal. […]

George Xu planning Jamaica resi building

George Xu has filed plans for yet another residential project in Queens. Century Development Group, the firm led by the prolific Queens developer, filed plans on Monday with the Department of Buildings for a nine-story building with 90 residential units at 148-29 90th Avenue in Jamaica. The building would span 69,789 square feet and be […]

Epic Commercial Realty sees major shakeup after sale

In February, Epic Commercial Realty promoted one of its senior brokers to be a partner, principal and head of the Manhattan division alongside CEO Yona Edelkopf. That leadership structure didn’t last very long. Just a few months later, the broker, Ido Tzaidi, and his colleague, Sasi Elya, bought the Brooklyn-centric middle-market investment sales brokerage from […]

Génial! Estée Lauder renews giant space at GM Building

Estée Lauder signed a lease renewal for 220,000 square feet at the General Motors Building, landlord Boston Properties announced. The company would not comment on the rent, other than to say that it is higher than it was before. The cosmetics giant’s current deal in the building, for close to 300,000 square feet, expires in […]

Rick Rosan’s Oak Tree Residential scores $46.5M loan to close on Brooklyn multifamily portfolio

A partnership between Rick Rosan’s Oak Tree Residential and Management and California’s Avanath Capital Management has secured a $46.5 million loan for the acquisition of an 18-building Brooklyn multifamily portfolio. Metropolitan Commercial Bank provided the financing for the deal, which is slated to close Thursday for a total price of $76 million, or roughly $435 […]

Sparks fly over politics and projects at fiery developer panel

Someone snatched The Real Deal managing web editor Hiten Samtani’s moderator notes just minutes before the beginning of the TRD Forum’s panel on how the Trump administration is impacting real estate. But this was a group that needed hardly any prompting to get the conversation going. The panel began with what sounded like a strong […]