Manhattan
Winton Capital Inks 10-Year Deal in Manhattan
Winton Capital Management signed a 10-year, full-service lease, taking down 34,844 square feet at 315 Park Avenue South in Manhattan.… Read more
Amazon Could Take Space at NYC’s Hudson Yards
Online retail giant Amazon is reportedly ready to ink a deal for a brick-and-mortar bookstore/café in Manhattan. The location for Amazon… Read more
CBRE Arranges $250M for Manhattan Office Buy
CBRE’s Capital Markets’ Debt & Structured Finance team has arranged $250 million in financing for the acquisition of 693 Fifth… 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
NY State Law Could Mean Larger Apt. Buildings
Potential changes to a New York state law could loosen zoning in regards to the size of residential buildings in… Read more
Multifamily REITs Blame Lower Revenue on More Supply
Ramped-up apartment supply in San Francisco and New York are hurting multifamily REIT revenues. Specifically, Essex Property Trust revenue dropped… Read more
UC Funds Places $24M Adaptive Loan on Pittsburgh Renovation
UC Funds has issued a $24.2 million adaptive reuse bridge loan to convert downtown Pittsburgh’s Salvation Army building into the… Read more
CBRE GI Acquires 47% Office Stake for Korea Post
CBRE Global Investors’ U.S. Managed Accounts Group acquired a 47 percent interest in 7 W 34th St., a renovated Class… Read more
BofA Not Liable in Countrywide Case
A federal appeals court in Manhattan has ruled that Bank of America Corp. was not liable for fraud nor would… Read more
Nielsen Secures 43K-SF Manhattan Lease
Research and global information company Nielsen Holdings plc has snagged 43,529 square feet at 675 Avenue of the Americas for… 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
CONNECT RETAIL: Nordstrom Targets Millennials With Festival Pop Ups
Connect Retail is our weekly column on the sector, authored by veteran CRE writer Ian Ritter. If there are any… Read more
NYC Industrial Tenants Moving to North Jersey
New York City companies seeking out warehouse or industrial space are looking toward north and central New Jersey as options.… Read more
REIT Obtains $296M in Financing for NY Portfolio
SL Green Realty Corp, A REIT focused on acquiring and managing commercial real estate in New York City, has closed… Read more
Master Builder John Tishman Dies at 90
John L. Tishman, who is known for building the John Hancock Center in Chicago and the World Trade Center Towers… Read more
$571M Hotel Portfolio to be Acquired by JV
Hersha Hospitality Trust of Philadelphia has struck an agreement with Cindat Capital Management Ltd., forming a joint venture to acquire… Read more
Billionaire Adds to Manhattan Holdings with $59M Buy
Israeli-Russian billionaire Boris Kuzinez has acquired the 12-story office building 260 5th Ave. in Manhattan, from Renaissance Properties for $59… 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
Dropbox Inks Relocation Deal at 340,000-SF 50 W. 23rd
Cloud computing and storage company Dropbox has signed a five-year lease for 31,270 sf at 50 W. 23rd St. in… Read more