New York & Tri-State

Flatiron/23rd Street BID Set to Expand

New York & Tri-State + Downtown New York + Retail | August 2, 2021

Carlyle Adds Full Floor to One Vanderbilt Tenancy

New York & Tri-State + Midtown New York + Office | August 2, 2021

NYC Multifamily Sales Post 57% Increase Y-O-Y

New York & Tri-State + Midtown New York + Apartments | August 2, 2021

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Latest Downtown New York Stories

Flatiron/23rd Street BID Set to Expand

New York & Tri-State + Downtown New York + Retail | August 2, 2021

The New York City Council voted to approve legislation that will expand the boundaries of the Flatiron/23rd Street Partnership Business Improvement District (BID) as of Jan. 1, 2022. The expansion will nearly double the size of the BID. “For 15 years, the Flatiron/23rd Street Partnership has helped cement the reputation of Flatiron and NoMad as two of …

ACRE Closes Direct Lending Fund at North of $325M

New York & Tri-State + Downtown New York + Finance | July 30, 2021

Asia Capital Real Estate (ACRE), a global real estate private equity firm that manages capital for institutional and family office investors has closed its fourth fund, ACRE Credit I. Headquartered in Midtown Manhattan, ACRE launched the fundraising process in in the first quarter of 2020 and ultimately raised more than $325 million of commitments, well over its $300-million target. ACRE Credit …

Latest Fairfield/Westchester Stories

JV Acquires Vacant Flex Property for Redevelopment in Central Fairfield County

New York & Tri-State + Fairfield/Westchester + Industrial | July 28, 2021

CBRE recently completed the sale of a vacant flex office/industrial property located at 141 Danbury Rd. in the central Fairfield County community of Wilton, CT. A joint venture of Fuller Development and Spinnaker Real Estate Partners acquired the 47,040-square-foot, single-story building for $3.7 million and has applied to reposition the property for residential development. The CBRE team of Louis Zuckerman, …

Newmark Lists White Plains Office Campus for Sale

New York & Tri-State + Fairfield/Westchester + Office | July 19, 2021

Newmark is marketing White Plains Plaza for sale in White Plains, NY. The property consists of two institutional-quality Class A office buildings with retail, totaling 715,365 square feet. Tri-State Capital Markets executive managing director Kevin Welsh and managing director Brian Schulz, along with New York Capital Markets Investment Sales co-heads Evan Layne and Brett Siegel and divisional head of International Capital Markets Alex Foshay are marketing the property. Executive managing director Glenn Walsh will act as leasing market advisor. “As companies evaluate a shift …

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