Brooklyn
Mesa, AZ Back-Office Asset Flips Twice For $32M
Centrica, a redeveloped, 117,000-square-foot back office in Mesa, AZ, changed hands from a Phoenix developer, to a New York City… Read more
As Death-Rate Drops, Funeral Homes Sell to Developers
During the past two decades, hundreds of funeral homes across New York City have closed down. People are living longer… Read more
Long Island City — The Next Fashion Mecca?
Manhattan is the fashion hub, with Brooklyn a viable alternative. But with rising rents in both boroughs, fashion companies are… Read more
Industrial Users versus Office Developers: The Space Grab
E-commerce and consumer demand fueled the need for more industrial space. Now industrial users/developers have competition. In some markets, technology… Read more
Brooklyn’s Mohawk Apartments Sell for $56M
Akelius Real Estate Management acquired the six-building, 86-unit Mohawk Apartments in Brooklyn from SK Development. The buyer paid $56.5 million… Read more
WeWork Inks 60K-SF Deal in Midtown Manhattan
WeWork, the provider of co-working space, has inked a deal for 60,000 square feet at 135 E. 57th St. in… Read more
Greystar Pays $336M for NYC Properties
Greystar Real Estate Partners LLC, based in Charleston, SC, paid $336.6 million in separate transactions for two New York City… Read more
JLL Reit Shells Out $1.3B for 13.7% Stake
JLL Income Property Trust has acquired a 13.7% stake in a 15-building retail portfolio owned by Forest City Enterprises and… Read more