Mel Gibson

Westchester Fairfield Cheat Sheet: Plans for regional MLS unveiled, CT legislators propose competitive bidding bill for casino development more

Clockwise from top left: Bridgeport s legislators proposed a bill that could help MGM s waterfront project, Steven Cid joined Houlihan Lawrence Commercial Group, Stephen Westerberg was named a first vice president of investments at Marcus Millichap, Port Chester cleared the way for four developments including 546 Locust St., and the Greenwich estate Mel Gibson called Wayne Manor is on the m上海夜网论坛 上海夜网arket for $22.5 million.

Westchester and Long Island brokers to partner on regional listing service
The Hudson Gateway Association of Realtors and the Long Island Board of Realtors are exploring a partnership in a metro area multiple listings service. Although sources say the talks are preliminary, the two groups, which have a combined 36,000 agents, say they plan to combine their listing systems and hope to eventually cover the entire New York area, including New York City. The Long Island group s MLS currently has around 21,000 listings, and the Westchester group has 13,000. Richard Haggerty, HGAR’s CEO, said the planned MLS will be offering a different type of service from the Real Estate Board of New York, which syndicated its residential listings service this summer. [TRD]

With MGM s Bridgeport casino in play, CT legislators propose competitive bidding bill
A bill proposed by legislators who represent Bridgeport, where MGM has proposed a massive waterfront gaming project, wants to open a competitive bidding process for casino development in Connecticut and, in the process, scrap an existing license obtained by the native American tribes behind Foxwoods and Mohegan Sun for a new casino in East Windsor. The Mashantucket Pequot and Mohegan tribes are the state s exclusive gaming operators under current law. The process will let every developer with an interest — whether it is MGM or the tribes or anyone else — give it their best shot, said Rep. Chris Rosario, D-Bridgeport, in a press release. A similar push st阿拉爱上海同城 爱上海龙凤419桑拿alled in the legislature last year. [Hartford Courant]

Finance bigwig lists Greenwich estate once owned by Mel Gibson for $22.5M
Newbury Partners finance executive Richard Lichter is selling his Greenwich mansion for $22.5 million, which would be a $1.5 million loss on what he paid Mel Gibson for it in 2010. The 75-acre estate is known as Old Mill Farm — though during Gibson s 15-year ownership of the property the Australian actor called it Wayne Manor, a reference to the fictional home occupied by Batman s Bruce Wayne. The 15,800 square-foot main house has eight bedrooms, 14 full bathrooms, dual chefs kitchens and a movie theater. The manicured grounds boast a Cotswold-style stone cottage, stables, a tennis court and pool — not to mention an outdoor chess set. [WSJ]

Mount Vernon approves zoning changes for multifamily development at four sites
Developers of four properties in Mount Vernon have been told[……]

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Bronx Real Estate Investment

Investor interest in the Bronx gets further boost as borough logs more residential sales and rental jumps

414 Gerard Avenue

The Bronx may be the cheapest residential market in上海夜网 阿爱上海同城 New York, but on the investment front, it’s still got runway.

And, the latest market report for the borough reinforces why real estate players have had a strong appetite for investment and development there for the past several years.

In 2017’s fourth quarter, average residential prices in the Bronx breached their pre-recession peak for the first time, hitting a record of $515,000, according to a report the Real Estate Board of New York released last month. The previous peak was $507,000 in 2006.

The Bronx also saw the largest increase in residential sales volume among the five boroughs — jumping 17 percent, to $455 million, year-over-year.

Although dollar volumes are far higher in every other borough — Manhattan, Brooklyn and Queens, for example, saw $4.8 billion in sales, $2.4 billion and $2.3 billion, respectively, for the quarter — none of them experienced the same kind of growth. Manhattan saw sales volume drop 12 percent, while Brooklyn saw a 4 percent jump and Queens increased by about 12 percent, according to the REBNY numbers.

Meanwhile, rents have also increased at a faster clip in the Bronx than they have elsewhere in the city, and investment sales have picked up.

In addition, as The Real Deal and others have incessantly reported, rental developments — both subsidized and market rate — are transforming the South Bronx waterfront.

“The nucleus is Manhattan,” said Adam Mermelstein, whose firm Treetop Development is an active rental developer in the Bronx. “And from there, the neighborhoods spread and spread and spread.”

Mermelstein invoked a common refrain, noting that when uptown neighborhoods such as Central Harlem and West Harlem become less affordable, it “further spawns development” and interest from buyers and renters in the Bronx.

Mott Haven, in particular, has seen tremendous developer interest in the past several years.

Mott Haven and the adjacent Port Morris saw the largest rent increases in the city during 2017, increasing 9 and 11 percent, respectively, according to data from the rental website Zumper. By comparison, borough-wide rents jumped 5.7 percent during that time, while rents in Manhattan and Brooklyn stagnated.

Median rents in the neighborhoods — $1,790 in Port Morris and $1,700 in Mott Haven — are, however, much lower than they are other parts of the city.

Sarah Saltzberg, the co-founder of Bohemia Realty Group, an Upper Manhattan-based brokerage that’s 上海千花网 爱上海同城对对碰active in the South Bronx, called Mott Haven the “gateway to the Bronx.”

The neighborhood has seen a spate of rental development, including a two-building project from Treetop on Gerard Avenue. It has a $160 million price tag and will include a mix of 400-plus affordable and market-rate units.

But, Saltzberg said, the neighborhood is already too m新爱上海同城对对碰论坛 上海同城对对碰交友社区ature for many investors.

“It’[……]

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Tower 56 NYC

Pearlmark refis Tower 56 with $125阿爱上海同城 阿拉爱上海同城M Blackstone loan Chicago-based private equity firm bought the boutique property a decade ago from Harry Macklowe

Blackstone s Kathleen McCarthy, Tower 56 at 126 East 56th Street, and Pearlmark’s Stephen Quazzo (Credit: Blackstone via Youtube, LoopNet, and Urban Land Institute)

Pearlmark Real Estate Partners landed a $125 million loan from the Blackstone Group to refinance its boutique Tower 56 office building in the Plaza District.

Chicago-based Pearlmark, headed by CEO Stephen Quazzo, started searching for new debt in the spring to refinance the 33-st爱上海同城对对碰 爱上海同城论坛ory office tower it bought from Harry Macklowe’s 上海千花网论坛 上海千花网Macklowe Properties for $158 million in 2008.

The 187,000-square-foot property between Park and Lexington avenues at 126 East 56th Street was part of the $7 billion former Equity Office portfolio Macklowe sold off when the credit markets collapsed a decade ago amid the global financial crisis.

Real estate private equity firm Pearlmark has since spent $30 million to update the building, including a full renovation of the lobby and an upgrade to the building’s mechanical system.

The Blackstone loan comes with a five-year term and a commitment that allows Pe上海龙凤论坛sh1f 上海龙凤论坛arlmark to draw future funding for leasing costs, a source with knowledge of the loan told The Real Deal.

The financing replaces a $92.5 million loan that Pearlmark got from Canadian bank CIBC in 2013, property records show.

Representatives for Pearlmark and Blackstone could not be immediately reached for comment.

Newmark Knight Frank’s Dustin Stolly and Jordan Roeschlaub secured the financing on behalf of Pearlmark, along with their colleagues Nick Scribani and Chris Kramer.

Dustin Stolly and Jordy Roeschlaub

A number of the tower’s below-market leases are coming due, and Pearlmark’s “ability to roll near-term, below-market leases to market” helped during negotiations with lenders, Stolly said.

Roeschlaub added that with floor plates ranging from 8,000 to 10,000 square feet, the property is designed for small hedge funds and family offices.

“It’s got a diversified rent roll,” he said.

Tenants in the building include the Lanier Law Firm and the art appraisal company Winston Art Grou上海龙凤论坛sh1f 上海龙凤论坛p.

Pearlmark, founded in 1996, is active in its hometown of Chicago and Denver, where it reportedly just sold a 202-key Ritz-Carlton hotel to Xenia Hotels Resorts for $100 million.

Here in New York, the company also owns 375 West Broadway in Soho, where Gucci signed a two-year lease last year.

Tags: blackstone group, Commercial Real Estate, Newmark Grubb Knight Frank, plaza district
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Developer pitches Patchogue on $16M luxury apartment building

Farmingdale-based developer T爱上海同城手机版 新爱上海同城对对碰论坛erwilliger Bartone wants to build a 50-unit apartment project on two acres along the Patchogue River once used for distribution and storage by Marran Oil, The Long Island Advance reported. The $16 million上海千花网论坛 上海千花网 project, which has been dubbed the Cornerstone Waterfront at Patchogue, would include 55 boat slips, a rooftop clubhouse, a patio and a fitness center. Five of the apartments would be priced as workforce housing, while the rest would have rents starting at $2,500 for 36 one-bedroom units. The building would also have six two-bedrooms and eight studio apartments. At a recent meeting, local residents expressed上海龙凤论坛 新上海贵族宝贝论坛 concerns about the proposed project’s potential to obstruct waterfront views, impact 爱上海 爱上海WIFInearby property values and bring about other neighborhood changes. The outlet r上海龙凤论坛 新上海贵族宝贝论坛eported that the development team includes GRHC Architecture’s Glen Cherveny, R M Engineering’s Matt Aylward and Garrett Gray and Kathleen Deegan Dickson from Long Island law firms the Weber Law Group and Forchelli Deegan Terrana, respectively. [The Long Island Advance]

Tags: long island
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Amazon

Amazon is launching a new supermarket brand, starting in LA The company growing its footprint in the food business; in talks in San Francisco, Chicago and others

Jeff Bezos (Credit: Getty Images and iStock)

Amazon is planning to launch a new line of grocery stores in several major U.S. cities.

The first store is set to open in Los Angeles as early as the end of the year, as the e-commerce giant grows its footprint in the food business, the Wall Street Journal reported, citing people上海千花网龙凤论坛 上海千花社区 familiar with the matter. The company has reportedly already signed leases for at least two other locations slated to open early next year.

Amazon is in talks for stores in San Francisco, Seattle, Chicago, Washington D.C. and Philadelphia. The new chain will be separate from the Whole Foods Market brand, which Amazon owns. The stores are intended to provide a wider variety of products than the upscale Whole Foods chain rather than directly competing with it.

Despite signed leases, there’s no guarantee Amazon will open stores in those locations, the report said. Retailers can back o爱上海同城 爱上海ut of contracts or delay openings if certain conditions aren’t met. Amazon has sought flexibility in lease negotiations because it doesn’t want restrictions on the types of goods it can sell. The company has been targeting new developments and occupied stores with leases ending soon. Locations will reportedly be about 35,000 square feet, smaller than the typical 60,000-square-foot supermarket.

The company is also weighing acquisitions to grow th爱上海同城对对碰 爱上海同城论坛e new grocery store brand — a strategy that would entail purchasing regional chains operating about a dozen stores.

The news is the latest move in Amazon’s foray into brick-and-mortar locations. The company上海千花网龙凤论坛 上海千花社区 is rolling out cashierless Amazon Go locations in urban areas nationwide — including in New York, Seattle, San Francisco and Chicago.

It’s unclear whether the supermarket brand will also be cashierless, the report said. [WSJ] — Meenal Vamburkar

Tags: Amazon, Commercial Real Estate, grocery stores
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Empire State Development

ESD prez who orchestrated Amazon LIC deal steps down Howard Zemsky was a driving force behind the fa新上海贵族宝贝论坛 上海贵族宝贝交流区iled Amazon deal

Former New York Economic Czar Howard Zemsky and Governor Andrew Cuomo (Credit: Getty Images)

Gov. Andrew Cuomo is on the hunt for a new Empire State Development Corporation president.

Howard Zemsky, who has been the state’s economic czar since 2015, will step down but stay on as chairman of the board, according to the Wall Street Journal.

Zemsky was a driving force behind the Amazon deal that would have brought the company’s second headquarters to Queens, which fizzled on Valentine’s Day this year. After the deal fell through, Cuomo blamed politicians including Senator Gianaris, but Z上海龙凤论坛sh1f 上海龙凤论坛emsky has been more restrained in pointing fingers, although he said he was extremely disappointed at the deal s failure at a February 21 board meeting.

Before heading the ESD, Zemsky was the co-chairman of another of Cuomo’s appointed advisory groups, the Western New York Regional Economic Development Council. He previously was the managing partner爱上海龙凤419桑拿 上海龙凤论坛sh1f of Larkin Development Group in Buffalo.

During Zemsky’s time at the ESD, the advisory group renegotiated deals originally made by the scandal-plagued Alain Kayoleros through the nonprofit arm of the SUNY Polytechnic Institute. Kayoleros and other construction executives were convicted on fraud charges in 2016 for steering bids on $855 million in state contracts to Cuomo co爱上海 爱上海同城手机版ntributors. Cuomo is now said to be looking for an individual with private sector experience. [WSJ] — Georgia Kromrei

Tags: Andrew Cuomo, Politics, Real Estate Finance
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Foreign lover will sweep the floor robot method becomes ” ruined soldier ” map

To celebrate classical game ” ruined soldier (Doom) ” be born 25 years, famous Mod lover Rich Whitehouse uses game data to change tool Noesis, developed the name is ” Doomba ” script, can will sweep the floor the data of the robot is changed into game map, this unique kind is opposite Jie game is sent on devoir. Although the record still needs time on bad news one time when map data (do not worry, although the process is interrupted, still can incorporate around data) , but if want to turn oneself abode into game battlefield of medium bathed in blood, this should be one of the simplest methods. When building a map, inside the limit that the amount that contains the enemy, weapon and article drop to be able to be set beforehand in game, undertake adjustment according to oneself be fond of. In addition, you also can go up with be being covered for the map material of of all kinds grain pledges. If be returned to this meaning still did not use up, you also can use the data of Doomba at other to be based on ” ruined soldier ” over the game that engine develops, for example ” gentile (Heretic) ” . Do not cross in the final analysis, the premise of all these or a have first Roomba sweep the floor robot ah. Although figure Doomba should can apply to the Roomba type that supports scale map function individually, but at present till, whitehouse affirms what move smoothly to Roomba 980 is OK only. For the iron pink of game of classical to this kind of the first person fire, believe many people ever had been envisaged the fight launchs in a place as abode, if you just have Roomba 980, might as well try rapidly. [……]

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Remedy government is announced ” control ” will this year the summer is rolled out

Remedy recreation announced a news a few days ago, narrowed ” control ” publish time window range, still did not give the issue date that issues put oneself in another’s position nevertheless, just say this game is met this year the summer is rolled out. Game Informer reported this one news, visit Remedy office to obtain according to saying this one message is this website. This also is this game narrows first publish window range, the window was issued to just be mentioned when just was being rolled out 2019. To 2019, plan to be rolled out after June without how many work at present, so ” control ” be being rolled out in the summer still is more significant, nevertheless in the final analysis is an ambiguous date this, we do not know Remedy and hair are peddling 505 Games plans when to fix issue date after all. In this game, the player acts a female part that is Jesse Fadens, she is ” control bureau ” new inspector general, this one organization is to defy the front of all sorts of numinous enemies is organized. Task of a lot of branch line and secret are contained in game, leading role need and other explore member cooperate together, broken solution is various difficult problem. [……]

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” Kane’s bequest ” free net swims ” Nosgoth ” development be cancellinged

 SE announces with PC stand-alone game ” Kane’s bequest ” the free net that is world outlook swims ” Nosgoth ” had been cancelled to develop. ” Nosgoth ” the 3rd person shoots the 4V4 that is subject matter of bloodsucker of big fight of a mankind the net swims, original in September 2013 the bottom is announced, play ever had unfolded on Steam fair measure. But apparent this game is not ” Kane’s bequest ” vermicelli made from bean starch people what want, be cancelled not to calculate now too accident.

” Nosgoth ” by ” the rocket is allied ” , ” arc squadron ” development of atelier of development business Psyonix, the mankind basically is to count their lethal long-range weapon on the design, and bloodsucker is the capacity that having insanity resembling is assault of leap, flight, high speed. Government-owned net explanation says to stop this because game fails to attract a bigger player market,taking is, because this cancelled development.

SE says: Holding heavy mood in the arms, we must announce to stop now ” Nosgoth ” development. The server will have shut on May 31, 2016, before this the player can continue resemble common euqally free amuse oneself. After ending on May 31, ” Nosgoth ” will permanent get offline stop take.

According to official FAQ, although the player is OK before May 31 normal play, but players cannot buy a thing in game now (all small trade to already was shut) . In addition, since March 1 all trading will automatic refund.

As to ” Nosgoth ” cancel to be opposite ” Kane’s bequest ” what does series mean, SE explanation says to will come any ” Kane’s bequest ” project metropolis basis ” Nosgoth ” the value of expression and project and integrated consideration.

” Nosgoth ” actually never official put on sale, began in January 2015 fair measure, remain on Steam now experience level first, user evaluation is most reputably.

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