Bronx
Bronx MF Building Sold for $5M
A fully rent-stabilized building in the Bronx is sold for $5.1 million at a capitalization rate of 6.8% and a… Read more
Bronx $1B Affordable Housing Breaks Ground
Elected officials and community leaders joined Camber Property Group to break ground on Phase 1 of the $1 billion Stevenson… Read more
UrgentWay Signs Urgent Care Center in Bronx
Simone Development Companies has announced that UrgentWay, a provider of walk-in medical services, has signed a long-term lease for a… Read more
Five Below to Open in Bronx
Olshan Properties announced the opening of a new Five Below store in Parkchester, Bronx, NY. The store, located at 1451… Read more
Doe Fund to Build 109-Unit Bronx Affordable Housing
The Doe Fund has secured construction financing for a new 109-unit affordable and supportive housing residence in the Bronx, located… Read more
NYC Industrial Sales Up 28% in 2nd Half ‘23
In the second half of 2023, the New York City industrial sales market saw 42 transactions totaling $583 million, according… Read more
Bronx MF Sold for $26M
Ariel Property Advisors has facilitated the $26 million sale of a 237-unit high-rise multifamily building at 1500 Noble Avenue in… Read more
Bronx MF Portfolio Sold for $15M
Ariel Property Advisors facilitated the $14.7 million sale of a six-building, 203-unit multifamily portfolio in Morris Heights, Bronx. The names… Read more
NY Outer Boroughs Had Record High Industrial Asking Rents in Q4
New York outer boroughs’ industrial market remained robust despite an overall slowdown in deal volume in the third quarter, according… Read more
OPEN Secures 50K-SF Extension for Catholic Guardian Services
OPEN Impact Real Estate recently facilitated a 50,000-square-foot extension for Catholic Guardian Services in the Bronx. As one of New… Read more
Largest Single-Story Warehouse in NYC Available for Lease
Cushman & Wakefield has taken on the exclusive lease marketing of 1340 Viele Avenue, a 290,000-square-foot warehouse in the Bronx… Read more
Hutchinson Metro Center Adds 10K-SF New Leases in the Bronx
Simone Development Companies has signed two new long-term leases totaling 10,300 square feet of medical and office space at the… Read more
The Peninsula Phase Two Breaks Ground
Phase Two of The Peninsula, a $297 million, two-building 100% affordable development in the Bronx’s Hunts Point has broke ground. … Read more
South Bronx Sees Economic Growth
The South Bronx faced COVID-19 challenges but showed resilience, with faster job and business growth than the borough and city,… Read more
Bronx Health Center Breaks Ground
Bronx Community Health Network (BCHN) has broken ground for a health and wellness center at 3763 White Plains Road in… Read more
Bronx Historic Property Lands $225M Rehabilitation Funds
Merchants Capital’s New York office facilitated over $225 million financing for the NYCHA Permanent Affordability Commitment Together (PACT) Union Avenue… Read more
Beauty Franchise Phenix Opens Trio of NY Locations
Phenix Salon Suites, a salon suite rental concept, has inked three new leases in the New York metropolitan area. … Read more
IPA Arranges Refi on West Chelsea, Bronx Assets
Institutional Property Advisors (IPA), a division of Marcus & Millichap, arranged the refinancing of two office/industrial assets located at 521… Read more
Urban Dove Team II Charter High School Opens in the Bronx
The Urban Dove Team II Charter School has opened its new transfer high school in the Bronx, designed by Montroy… Read more