Manhattan
Development Consortium Selected for MXU on Site K at Javits Center
New York Gov. Kathy Hochul on Thursday announced the selection of the Hudson Boulevard Collective — a partnership of BRP… Read more
Deutsche Bank Acquires Office, Retail Space at Essex Crossing
Taconic Investment Partners has sold the retail and office space at 180 Broome St. and 202 Broome St., part of… Read more
ATCO Completes Two New Leases, One Expansion at 381 Park South
ATCO Properties & Management completed three leasing transactions totaling 6,087 square feet at 381 Park Ave. South, its office tower in Manhattan’s Midtown South… Read more
Menswear Brand Boggi Milano Secures Plaza District Space
Newmark Retail secured a new 8,810-square-foot lease with Boggi Milano at the base of 527 Madison Ave., a class A boutique office tower… Read more
Nearly 1 in 3 NYC Office Buildings Offer Strong Conversion Potential
New York City is home to 85 million square feet of office space, concentrated mainly in Manhattan, with strong potential… Read more
JV of Leyad, Capstone Acquires Hell’s Kitchen Hotel at $275K Per Key
Leyad, a real estate investment firm based in Canada, has acquired the Ink48 Hotel in Midtown Manhattan’s Hell’s Kitchen neighborhood in… Read more
1900-Vintage Multifamily Sells at Under-4.5% Cap Rate
Marcus & Millichap closed the sale of 77 Barrow St., a multifamily property in Manhattan’s West Village, for $6.7 million. Joe… Read more
Adaptive Reuse of West Village Garage Lands $120M Construction Loan
(Updated with additional information) Marathon Asset Management’s commercial real estate platform has originated a $120-million construction loan for 125 Perry St.,… Read more
Travelers Renews 10-Year Lease for 123K SF at 485 Lex
The Travelers Insurance Company has executed a 122,788-square-foot renewal at SL Green Realty Corp.’s 485 Lexington Ave. in Midtown Manhattan.… Read more
Lincoln Market Will Open Ninth Location at Silverstein’s River Place
Lincoln Market recently signed a 20-year lease for a 35,809-square-foot-store at River Place, 660 W 42nd St. The store is among the largest… Read more
SL Green Signs Alvarez & Marsal for 220K SF at 100 Park Ave., Extends Mortgage
SL Green Realty Corp. said Monday it had secured a new 220,221-square-foot lease with global professional services firm Alvarez &… Read more
Manhattan Office Leasing Beats Five-Year Average for Eighth Straight Month
Led by Ropes & Gray’s 429,342-square-foot commitment at 1285 Ave. of the Americas, Manhattan office leasing activity totaled 1.82 million… Read more
Maddd Equities Bringing Affordable Condos to Central Harlem
A 73-unit affordable mixed-use condominium will be constructed at 132 E. 125th St. at Lexington Avenue, bringing homeownership opportunities to… Read more
Brax Realty Arranges Deal for Long Island City Parcel
Brax Realty arranged the sale of a prime development site in Long Island City for $8,400,000, or $350 per buildable square… Read more
Office Conversions Finally Gain Momentum
With the cost of acquiring an office building to convert to residential use often too high to make the economics… Read more
Ropes & Gray to Relocate to 430K SF with RXR
In one of Manhattan’s largest office leases this year, law firm Ropes & Gray will relocate to approximately 430,000 square… Read more
Republic of Brazil Signs Renewal, Expansion at News Building
SL Green Realty Corp. arranged a renewal and expansion lease with the Federative Republic of Brazil at the News Building… Read more
Ariel Arranges Multiple Construction and Refinancing Loans
The Capital Services Group for Ariel Property Advisors recently arranged construction, refinancing and acquisition loans totaling over $17 million for… Read more