Activist hedge fund Engine No. 1 to open Meatpacking District office

Activist hedge fund Engine No. 1, which is shaking up Wall Street with its push to get Big Oil to reduce carbon emissions, is opening a New York City office in the Meatpacking District. The San Francisco-based firm signed a lease for about 11,500 square feet at Aurora Capital Associates’ 405 West 13th Street, sources familiar with the transaction told The Real Deal. The space also includes about 1,800 square feet of outdoor terrace. A

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Aurora Capital plans 11-story mixed-use building in West Village

Break out the blueprints: There’s a new mixed-use building coming to the West Village. Aurora Capital Associates filed plans for a 106,000-square-foot building in the neighborhood, Department of Buildings filings show. At 120 feet tall, the 11-story building at 134 Jane Street will tower over the neighborhood and will include 15 residences, according to the filings. The building, slated to be designed by BKSK Architects, will also feature 200 square feet of ground-floor retail space.

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Brookfield taking big loss on Fifth Ave retail condo

A great retail reset is underway as owners of pricey shopping properties unload them at a loss. In the latest sign of the sector’s decline from its once-dizzying heights, Brookfield Property Partners is selling its block-long retail condo at 530 Fifth Avenue for around $190 million — roughly a third less than the $295 million it paid for the property near the height of the market in 2014. Brookfield is in contract to sell the

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