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Archive for the Category ‘Northeast’

Century 21 Department Store Takes 61,000 SF in Old Barnes & Noble Location

Century 21 Department Store Takes 61,000 SF in Old Barnes & Noble Location

Century 21 plans to take possession of the space, which is across from Lincoln Center, in February 2011.

Hennessy Draws on Staubach Years to Shape Cassidy Turley NY Team

Hennessy Draws on Staubach Years to Shape Cassidy Turley NY Team

In Peter Hennessy’s opinion, the new Cassidy Turley offers an unprecedented opportunity to create a disciplined, driven and measurable environment—the kind of environment that can grow, be sustainable and help its members grow, too.

FelCor to Buy Boston’s Fairmont Copley Plaza for $98.5M in Cash

FelCor to Buy Boston’s Fairmont Copley Plaza for $98.5M in Cash

Less than $100 million for a prominent luxury hotel in Boston is quite a bargain. FelCor acknowledges that a purchase price of approximately $257,000 per-key is a significant discount to replacement cost.

Pembrook Provides $47M Recapitalization Loan for NYC Condos

Pembrook Provides $47M Recapitalization Loan for NYC Condos

The condominiums have been completed and 26 of 54 units sold. The loan was closed within three weeks from the date the owners signed the loan application.

Kiva Takes 163,000 SF in Massachusetts

Kiva Takes 163,000 SF in Massachusetts

David Pergola and Jason Levendusky of CB Richard Ellis represented Divco West and Taurus, while Brooks Murphy and Sean Lynch of Jones Lang LaSalle represented Kiva.

Christian Science Church Revitalization of Boston HQ to Include Addition of 950,000 SF

Christian Science Church Revitalization of Boston HQ to Include Addition of 950,000 SF

Surrounded by Boston’s Back Bay, Prudential, South End and Fenway neighborhoods, the Plaza encompasses 14.5 acres and offers 10 acres of open space that is accessible to the public. Among the property’s seven existing buildings are two centerpiece structures, the iconic Original Mother Church, built in 1894 and the Extension church, which was developed in 1906. As per the proposal, all existing buildings will remain intact.

Media Outlets Relocate to 100,000 SF in 4 New York Plaza

Media Outlets Relocate to 100,000 SF in 4 New York Plaza

Four New York Plaza has nearly 1.1 million of Class A square footage, located on two acres. The building features floor plates of 50,000 square feet and is 75 percent occupied by JPMorgan Chase.

Lewis Named Head of Hudson Realty’s Asset Management Department

Lewis Named Head of Hudson Realty’s Asset Management Department

Lewis will oversee strategy and execution on all Hudson’s debt and equity positions along with managing the firm’s asset management professionals and systems. She will remain a member of Hudson’s management committee, working to determine the company’s strategic direction.

C&W: Manhattan Market Looking Better, Leasing Doubles Year over Year

C&W: Manhattan Market Looking Better, Leasing Doubles Year over Year

Manhattan’s Class A vacancy rate dropped to 11.6 percent in June from 12.6 percent at the end of the first quarter, while the overall Midtown Manhattan vacancy rate declined to 11.5 from 12.6 percent. Those figures entail all sectors of real estate.

Author Gladwell Speaks at Colliers International’s First Global Leadership Summit in Manhattan

Author Gladwell Speaks at Colliers International’s First Global Leadership Summit in Manhattan

Colliers International has undertaken recently a rebranding and investment campaign to combine its real estate experts worldwide and service lines under one banner. Under this model, local Colliers brokers continue to own real equity in the company.

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