Manhattan
Ceruzzi, SMI USA JV Receives $200M Pre-Dev Financing for NY MXU
Early Bird Alert: Connect Apartments is planned for September 28th in Los Angeles. Here’s where to get more information and register.… Read more
Columbia Property Trust, Allianz Seed JV with $1.26B Asset Contributions
Atlanta-based Columbia Property Trust, Inc. and New York-based Allianz Real Estate formed a joint venture to acquire and manage Class… Read more
Isak Brothers Join Eastern Consolidated
Industry veteran Rubin Isak has joined Eastern Consolidated’s Investment Sales Division — and he’s bringing his team with him. Isak… Read more
Blum Arts Gallery to Open on Lower East Side
Peter Blum will open a new art gallery, Blum Arts, in September 2017 in a 7,147-square-foot space at 176 Grand St.… Read more
Manhattan Still Condo Crazy
Home prices continue to rise in Mahanttan, with bidding wars and new price records, according to the latest report from… Read more
Skee-Ball for Charity at 299 Park Ave.
With thousands of dollars on the line, more than 750 office workers played Skee-Ball June 22 in Midtown Manhattan in… Read more
Special CMBS Deal for 85 Broad
The new owners of 85 Broad St. in Manhattan’s Financial District refinanced with a loan from the first-ever issuance of… Read more
Heyday Leases on the Upper West Side
A skin care shop found a great home for itself in a 3,800-square-foot storefront on the Upper West Side of… Read more
Office Tenants Love Midtown South — Can’t Leave
Once a company moves to Manhattan’s Midtown South neighborhood, they tend to stay, and stay. “Relocations in Midtown South since… Read more
Kenneth Colao “Entrepreneur of the Year” for New York
Kenneth Colao won the ‘Entrepreneur of the Year’ award in the Real Estate, Hospitality and Construction category in New York.… Read more
35K New Apartments for NYC
Developers will open more than 35,000 new apartments in New York City in 2017. Many of these are squeezed into… Read more
Greystone Renews at 505 Eighth Ave.
Greystone Management Solutions has renewed its 7,400-square-foot lease on the third floor of 505 Eighth Ave., in Manhattan’s Midtown. “Greystone… Read more
$1M-Per-Apartment for East Village Building
Shorenstein Company paid $57 million to buy 200 E. 11th St., a 54-unit apartment building in Manhattan’s East Village. The… Read more
Higher Rents and Higher Vacancy Rates for Office Space
Giant developments on the Far West Side of Manhattan are stirring up the market for office space — pushing both… Read more
Ariel Hosts Interns
Four seniors from Manhattan’s Chapin School participated in a kickoff program in an intensive four-day commercial real estate course from… Read more
Value-Added in Long Island City
Himmel + Meringoff bought a 127,000-square-foot office and warehouse building in Long Island City, with plans to transform the property.… Read more
Loan Just in Time for Soho Development Site
A $23.3 million loan came just in time to help a developer assemble a prime site in Manhattan’s Soho neighborhood,… Read more
Famed Architects Renew at Renovated Tower
Pelli Clarke Pelli Architects renewed its lease for 11,100 square feet at 322 Eighth Avenue in Manhattan’s Chelsea neighborhood. Another… Read more
20 Unprofitable Early Years for the Empire State Building
Fun fact: One year after its opening, the Empire State Building had an occupancy of only 25% and remained that… Read more
