Manhattan
75 Sales at Fifteen Hudson Yards
Condominiums are selling faster at Fifteen Hudson Yards than at any other new development in Manhattan. Since beginning in mid-September,… Read more
Developers Face the Neighborhood in Two Bridges
High-rise developers once again faced highly-skeptical residents of Manhattan’s Two Bridges neighborhood last week. The four developers, JDS, L+M Development… Read more
More Homes, Fewer Sales, Lower Prices in Financial District
A lot of homes came up for sale in the Financial District of Manhattan and Battery Park in Q4 2016,… Read more
Midtown Office Leads for Leasing
Midtown was the leading neighborhood in Manhattan for new leases on office space in 2016. In all of Manhattan, office… Read more
$17M for Soho Loft Building
The owners of 460 Broome Street sold their historic commercial loft building in Manhattan’s SoHo Historic District for $17.3 million… Read more
3% Cap Rate for Astoria Apartments
A private buyer paid $11 million for two apartment buildings in the Astoria neighborhood of Queens, NY. That works out… Read more
$63M for Apartments in Inwood
A private real estate investor paid $63.6 million for a portfolio of apartment buildings in Manhattan’s Inwood section. The Inwood… Read more
More Sales, (Slightly) Lower Prices Downtown
Homebuyers bought more apartments Downtown at higher prices than any other submarket in Manhattan in Q4 2016. Buyers closed on… Read more
Modular Hotel Rises in Bowery
Did you hear the news? Connect Daily New York hits inboxes on 1.23.2017. Want in on all the latest CRE… Read more
Fast Sales, High Prices at 70 Vestry
More than half of the 48 condominiums are under contract at Related Companies’ new condominium tower at 70 Vestry Street… Read more
Financing for Another Moxy
Bank of the Ozarks provided the financing for the latest Moxy Hotel planned for Manhattan. Lightstone, a national real estate… Read more
Big Zoning Changes in 2017
In neighborhoods across the New York City, Mayor Bill de Blasio plans to make big changes to the rules that… Read more
$102M for Manhattan Value-Add
Mesa West Capital lent $102 million to help investors buy and upgrade a 15-story office building in Manhattan. A partnership… Read more
NYC Apartment Rents Stall
Manhattan still has some of the highest apartment rents in the U.S., but rents are growing much more slowly —… Read more
$660M for American Copper Buildings
JDS Development Group took out $660 million in interest-only, three-year loans for the almost-completed American Copper Buildings at 626 First… Read more
$60 per SF for Downtown Manhattan Medical
Downtown Manhattan’s first medical office building is now 96% occupied. Two government tenants, the Office of Medical Services for the… Read more
New Population from Hudson Yards
The new buildings planned for Hudson Yards, on the Far West Side of Manhattan, would qualify as a brand-new city… Read more
$660M in Financing Obtained for American Copper Buildings
JDS Development Group succeeded in obtaining a total of $660 million in financing for its under-construction, multifamily development, American Copper… Read more
Office Leasing Slows in Manhattan
Manhattan leasing activity is now at its lowest levels since 2009. Uncertainty in politics and the economy both weighed on… Read more