A partnership led by Rotem Rosen and Israel’s largest developer, Zahi Hagag, is making a play near Billionaires’ Row. Rosen and Indian billionaire Anand Mahindra’s MRR Development is teaming up with Hagag to buy a development site for $103.7 million, sources told The Real Deal. The buyers signed a contract for the site Thursday, and plan to purchase it with all cash. The assemblage consists of 13 parcels concentrated at the southeast corner of East […]
With the help of up to $4 million in tax incentives, Netflix is beefing up its New York presence with an expansion of its Manhattan office and plans for a massive new production hub in Brooklyn. The company’s new corporate offices will take up about 100,000 square feet at Normandy Real Estate Partners’ 888 Broadway, the governor’s office said in a statement. They will house 127 new employees working in departments including content acquisition, development, […]
Netflix will open six sound stages and support spaces in Bushwick at 333 Johnson Avenue; photo via Google Streetview Netflix plans to expand its New York City footprint with new production centers in Brooklyn and Manhattan. Gov. Andrew Cuomo announced on Thursday that the streaming-service company will take up 100,000 square feet at 888 Broadway in Flatiron and roughly 160,000 square feet at 333 Johnson Avenue in Bushwick. “Netflix is innovative, creative and bold – just like New Yorkers – and the expansion of this cutting-edge company in New York once again demonstrates the Empire State is open for business,” Cuomo […]
Bank OZK is showing no signs of curbing its construction lending this year. Little Rock-based Bank OZK, formerly known as Bank of the Ozarks, reported first quarter earnings that beat analysts’ estimates, as it real estate lending division originated more than $1.86 billion in new loans. That’s an increase of 86 percent compared to the first quarter of 2018. With just over $23 billion in assets, Bank OZK is one of the largest and most […]
Photo by Al Siedman of VHT, courtesy of The Corcoran Group. This beautifully renovated single-family brick townhouse at 151 Willoughby Avenue among the elegant brownstone blocks of Clinton Hill may be narrow, but within its walls are five bedrooms, seven working wood burning fireplaces, a gracious parlor, a stylish and well-appointed eat-in kitchen, a family room, a back yard, and a roof deck. Though the home, asking $2.795 million, is ready for modern living, it’s filled with unique details. Up the stoop and past an elegant entryway, the parlor floor offers Victorian-era details like an ornate banister and stairway, crown and baseboard molding, ceiling […]