625 Fulton Street

Tucker Reed joins Rabsky on DoBro project Former head of DoBro Partnership comes in on 36-story office tower planned at 625 Fulton

From left: 625 Fulton Street and 爱上海同城论坛 爱上海同城Tucker Reed

Tucker Reed’s new real estate consulting venture Totem is partnering with The Rabsky Group on its downtown Brooklyn office development at 625 Fulton Street.

Reed headed the business improvement district Downtown Brooklyn Partnership until July. “We are very happy to work with Tucker on this project because he knows the Downtown Brooklyn community very well and they know him and he understands their needs,” a Rabsky spokesperson tol上海夜网论坛 上海夜网d the Commercial Observer.

Rabsky, headed by Simon Dushinsky and Isaac Rabinowitz, bought the development 爱上海 爱上海同城手机版site from Forest City Ratner for $158 million in January 2016. Forest City had initially planned to build a residential to上海千花社区 上海千花网交友wer but ultimately decided to sell.

As TRD reported in October, Rabsky is planning to build a 36-story tower spanning 570,000 square feet of office space and 40,000 square feet of retail in the building’s base. The company secured a $80 million loan from Bank Leumi to fund the acquisition.

In an August feature on business improvement districts, TRD reported that Reed s views on new development while at the Partnership mirrored that of developers, who have outsized influence over BIDs.

Totem is also working with United American Land, among other clients, according to CO. [CO] Konrad Putzier

Tags: Rabsky Group
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Paul Manafort Trump Tower

Paul Manafort appears to have illegally claimed condo abatement for Trump Tower pad: report Ex-campaign chair to the president double dips in Florida and上海贵族宝贝交流区 上海贵族宝贝论坛 NY

Paul上海千花网龙凤论坛 上海千花社区 Manafort and Trump Tower (Credit: Getty Images)

Paul Manafort, former campaign chair to President Donald Trump and a key figure in the FBI’s probe into Russian election interference, appears to be double dipping on property tax breaks for his homes in Florida and at Trump Tower, the New York Daily News reported.

Manafort claims the condominium abatement for the unit he purchased at the Fi上海同城对对碰交友社区 上海夜网论坛fth Avenue tower for $3.6 million in cash in 2006, which saved $5,502 off his $31,439 tax bill.

In order to receive the abatement, the apartment must be Manafort’s primary residence. But at the same time he’s claiming that his home in Palm Beach is his primary residence, reducing his $737,166 assessment by $50,000 a year.

The attorney who prepared the New York tax filings said Manafort considers the Florida home his primary residence.

“Florida is Mr. Manafort’s primary residence. He has not asked to change his residence to New York state,” att爱上海同城论坛 爱上海同城orney Bruce Baldinger said. “My law firm was charged with overseeing the requisite filings for the State of New York.

“We are reviewing the matter and will, if necessary, make any correction,” he added.

Manafort is registered to vote in Florida. There is no record of him being registered to vote at either his Trump Tower address or at his other properties in Soho[……]

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Trump Fundraiser

Real estate moguls host Trump fundraiser at Beverly Park manse Ed Glazer and friends expect to raise $5M for the president’s reelection campaign

Ed Glazer and Donald Trump, with the Beverly Park gated neighborhood (Credit: buccaneers.com, Wikimedia Commons)

President Trump might not be much of an Angeleno favorite, but as he descends on the city for a lavish fundraiser, he can still count on his deep-pocketed real estate friends.

Trump will be the guest of honor for a reelection campaign fundraiser tonight at the Beverly Hills home of Tampa Bay Buccaneers owner Ed Glazer.

Glazer, who is also president of the family-run commercial real estate firm First Allied Corp., was a likely candidate for the gig. He donated $250,000 to Trump’s Inauguration Committee and is believed to have上海千花网龙凤论坛 上海千花社区 thrown in an extra $50,000 to the Trump Victory Committee, TMZ reported.

He and his wife acquired the 19,300-square-foot estate in Beverly Park for $22.7 million, the Los Angeles Times reported. They also own a nine-acre compound in Montecito, purchased for $21.5 million in 2015.

The fundraising dinner is expected to bring in $5 million for the expected 2020 reelection campa阿拉爱上海同城 爱上海龙凤419桑拿ign, along with various Republican National Committee projects. It is being hosted by RNC chairwoman Ronna McDaniel, national finance chairman — and Chicago Cubs p上海千花网 爱上海同城对对碰art owner — Todd Ricketts and deputy national finance chairman Elliott Broidy.

Contributions start at $35,000 and climb up to $250,000. Those wanting to[……]

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Knotel inks new 23K sf lease in Chelsea Hotel has a seven-yea上海贵族宝贝 上海千花网龙凤论坛r lease for Savanna’s building at 31 West 27th Street

31 West 27th Street and Amol Sarva

Knotel has爱上海同城 爱上海 landed another new lease in New York City, grabbing 23,000 square feet of space in Savanna’s Chelsea buildin新爱上海同城对对碰论坛 上海同城对对碰交友社区g at 31 West 27th Street, according to sources familiar with the deal.

The flexible-office company阿爱上海同城 阿拉爱上海同城 and WeWork rival has signed a seven-year lease to occupy the fourth and 10th floors of the building. This marks its first deal with Savanna, which went into contract for the 144,000-square-foot building last May for $126 million.

Bizzabo, a Knotel client focusing on event software, will occupy one of the floors. Knotel has not disclosed the client that will occupy the other floor.

A CBRE team of Paul Amrich, Patrice Meagher, Neil King and Meghan Allen represented Savanna, and a Newmark Knight Frank team of Michael Morris and Greg DiGioia represented Knotel.

Knotel recently subleased 45,000 square feet of space at 360 Park Avenue from the software company Wyng, which is in turn moving into a smaller space Knotel leases at 55 West 21st Street. In January, it landed a 24,000-square-foot lease at 584 爱上海龙凤419桑拿 上海龙凤论坛sh1fBroadway in Soho.

The company is now valued at $500 million and closed on $70 million in a Series B funding round in April. It has leased more than 1.1 million square feet in New York, San Francisco and London over the past two years and expects to double in size after its new funding.


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ML Perlman

Real estate s rock star: Mary Louise Perlman The musician-turned-real estate exec shares how music still plays a role in her corporate life

The office of Mary Lousie Perlman is a bit different from that of the typical real estate executive.

For one, it includes a bass guitar and a few amps. For another, Perlman can often be spotted jamming out in her office with them.

That s because Perlman, vice president of development and marketing at the New York-based real estate firm Alfa Development, is a musician, formerly of the band Spalding Rockwell. She sometimes plays at wo上海千花网论坛 上海千花网rk to get into a creative headspace or to break up the tediousness of analyzing floor plans.

Perlman joined Alfa i爱上海同城手机版 新爱上海同城对对碰论坛n 2010, and during the course of her career, has been involved in the predevelopment, marketing and sales of more than 15 luxury Manhattan condos, totaling nearly $1 billion in closings. The firm s biggest condo projects in Manhattan include, 311 East 11th Street, 151 Wooster Street and 200 East 21st Street.

The Real Deal spent some time with Perlman to discuss how music still plays a role in her day-to-day.

Video produced by Jhila Farzaneh and Kerry Bar上海夜网 阿爱上海同城ger. Interview conducted by Kathryn Brenzel.

Tags: alfa 上海千花社区 上海千花网交友development, Videos
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Maria Torres

Maria Torres-Springer is stepping down as HPD chief She is the fifth de Blasio official to a上海贵族宝贝交流区 上海贵族宝贝论坛nnounce departure in recent weeks

Maria Torres Springer (Photo by Emily Assiran for The Real Deal)

She’s the latest in a wave of top officials leaving the de Blasio administration.

Maria Torres-Springer is heading for the private sector after two years serving as the commissioner of the Department of Housing Preservation and Development, the Wall Street Journal reported.

In March, Torres-Springer will become vice president of U.S. programs at the Ford Foundation.

Her departure follows similar announcements from Deputy Mayor Alicia Glen, who has also worked on de Blasio’s affordable-housing initiative, and the heads of the Department of Buildings, the Taxi and Limousine Commission 新上海贵族宝贝论坛 上海贵族宝贝交流区and the Office of Emergency Management.

Torres-Springer joined HPD in early 2017. She previously served in two other top roles for Mayor Bill de Blasio, as CEO of the Economic Development Corporation (the first woman to hold the position) and as commissioner of the Department of Small Business Services.

She was tasked with leading de Blasio’s housing plan, which aims to build or preserv爱上海 爱上海同城手机版e 300,000 affordable-housing units by 2026. The city recently announced that it had financed more than 10,000 new affordable-housing units in 2018.

Torres-Springer told the Journal that the affordable housing program would continue under new leadership.

“We’re fortunate t上海贵族宝贝论坛 上海贵族宝贝hat in this agency there is a ver[……]

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EQ Office

EQ Office signs financial services firm to
3-floor spread at Park Avenue Tower PineBridge Investments will take floors 5 through 7 at 65 East 55th Street

Park Avenue Tower at 65 East 55th Street

A financial services firm has signed a three-floor lease at Park Avenue Tower, t爱上海 爱上海同城手机版he 36-story building owned by Blackstone Group subsidiary EQ Office.

PineBridge Investments, a global asset manager, will take 57,000 square feet of space across floors five through seven, according to the New York Post. The firm is movi爱上海龙凤419桑拿 上海龙凤论坛sh1fng its headquarters to the building and breaking its lease at Boston Properties 399 Park Avenue, where it had not finished its contract.

Newmark represented the landlord in the deal, while Savills Studley represented the tenant.

EQ Office recently finished a $25 million renovation of the 625,000-square-foot building, which started in 2016. The firm bought the tower in 2014 for $750 million.

PineBridge will take the floors above financial s上海龙凤论坛sh1f 上海龙凤论坛ervices broker-dealer BTIG Partners,爱上海同城 爱上海 which signed a 15-year lease for floors two through four last August. [NYP] — David Jeans

Tags: Commercial Real Estate, office market
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