Regions Northeast | New York
CBRE Promotes 2 to VP
July 14, 2008

CB Richard Ellis has promoted Steven Robinson, in the Retail Services Group and Roshan Shah, in the company’s Global Brokerage Services Group, to vice president in its New York City office.  They were previously senior associates. Robinson conducts retail transactions representing tenants and landlords, with some work in investment sales.  Most recently he represented Exhale Mind/Body Spa in relocating the executive management team’s corporate offices to 250 West 57th Street.  In his three years with CBRE, Shah has advised several large and boutique financial services firms, with an emphasis on evaluating and implementing strategic real estate plans for hedge funds and private equity firms. Most recently, he negotiated Bank of Baroda’s 20-year, 11,000-square-foot renewal at 1 Park Avenue. 

 
Recent New York Headlines
$167M Construction Loan in Place for Brooklyn M-F Project
Aug. 21, 2008
Forest City Ratner Cos. has closed on a $167 million construction financing deal for 80 DeKalb, a 365-unit apartment project in Downtown Brooklyn. The New York State Housing Finance Agency approved the project for $109.5 million in tax-exempt bonds and an additional $27.5 million in taxable bonds.
Extell Development Puts Manhattan Retail on Block
Aug. 20, 2008
A retail co-op occupied by Duane Reade in New York City is being put on the block by Extell Development, according to Eastern Consolidated, which is acting on behalf of the seller.
NYU Buys Gramercy Green for $275M
Aug. 19, 2008
New York University acquired Gramercy Green condo building from J.D. Carlisle for $275 million with plans to convert the 21-story property into a dorm, The Real Deal reported. The building is located at 310 Third Avenue.
Teen Retailer Buys Office Space in Manhattan
Aug. 19, 2008
rue21, a leading specialty value teen retailer for girls and guys is on the move in New York City. The 400 plus store retailer has acquired and customized a 3,800-square-foot office located in the Fashion District.
WTC Tower 3 Summer Brings Progress, Challenges for WTC Renewal
Aug. 15, 2008
As Labor Day nears, the effort to revitalize the World Trade Center has experienced significant forward motion as well as a few hitches. In the months to come, the massive rebuilding project is likely to show signs of progress as well as facing a series of difficult choices. Public agencies and private-sector interests swiftly addressed some of the 15 major challenges detailed June 30 by Christopher Ward, the recently appointed executive director of the Port Authority of New York and New Jersey.