Manhattan
Bronx Ranked in US Top 10 for Rental Demand
Rental trends are reshaping as overlooked areas like The Bronx rise in popularity due to high home prices and peak… Read more
Chiropractor Signs 10-year Lease in NoMad
Prestige Health & Wellness, a Manhattan chiropractor, has secured a 10-year lease for 6,500 square feet at 31 East 32nd… Read more
ASIC to Sell Former Hit Factory
American Strategic Investment has entered into a definitive purchase and sale agreement to divest its property located at 421 W.… Read more
WeWork Sends Distress Signal Raises Doubts in Earnings
WeWork has issued a warning about its future viability due to financial losses and the need for cash. The company… Read more
Lockhill Properties Buys Two-Building East Village Package for $11M
Lockhill Properties has acquired two adjoining, five-story, walk-up buildings in Manhattan’s East Village. The properties, mainly free-market, were sold for… Read more
Cadence Property Group Secures $42M for Second Hell’s Kitchen Condo Project
Cadence Property Group, in partnership with HOH Capital Partners and Deal Lake Capital, has acquired 360 West 52nd Street in… Read more
LeafHome Inks 10K-SF Lease at 10 Grand Central
Marx Realty, a New York-based property firm, has announced that LeafHome, an Ohio-based developer of LeafFilter gutter protection technology, has… Read more
Manhattan Office Leasing had the Strongest Month of 2023, Demand Remains Subdued
Manhattan’s office leasing activity had its strongest month of the year in July, rising over 20% to 2.3 million square… Read more
BEB Lending Provides $9M for FiDi Mixed-Use Property Acquisition
BEB Lending, the finance platform of BEB Capital, has provided a $9 million, 12-month acquisition bridge loan to Orsipel V… Read more
Vornado to Sell Four Manhattan Retail Properties and The Armory Show for $125M
Vornado Realty Trust has signed an agreement to sell four Manhattan retail properties located at 510 Fifth Avenue, 148 –… Read more
IPA Arranges $11.5M Financing for Alabama Class A Office
Institutional Property Advisors has announced the financing of a Class A, four-story office property located at 200 Wildwood Parkway in… Read more
Resnick Renews Two Social Service Tenants at One Seaport Plaza
Jack Resnick & Sons has finalized two office lease renewals totaling 108,086 square feet with two social service organizations at One Seaport Plaza, its… Read more
JLL Tapped to Find 200K-SF Manhattan Site for NY Auto Museum
JLL has been retained by the New York Auto Museum (NYAM) initiative to open a 200,000-square-foot, centrally located museum and entertainment… Read more
REBNY: Mid-Week Office Visits Now at 73% of Pre-Pandemic Levels
Mid-week employee workplace visits in Manhattan office buildings have reached an average of 73% of their comparable levels in 2019,… Read more
Retail, Office Lead as CMBS Delinquencies Rise for Second Month
The U.S. CMBS delinquency rate rose six basis points to 1.91% for a second consecutive month in June from 1.85% in May,… Read more
Manhattan Q2 Office Market: Scuffling with Record High Availability
Manhattan’s office leasing activity in the second quarter, while higher than the previous one, remained tepid and below historical levels.… Read more
Manhattan Office Leasing Market Remains Subdued
Manhattan office leasing market remains subdued, resulting in a historic volume of direct space availability of 70.3 million square feet,… Read more
BHI Provides $90M Line of Credit to Yellowstone Real Estate Investments
BHI, a full-service commercial bank, has closed a $90 million capital call line of credit facility for Yellowstone Real Estate… Read more
Clayton Dubilier & Rice Leases 144K-SF at 550 Madison
The Olayan Group announced that Clayton Dubilier & Rice (CD&R), a private investment advisory firm, has signed a lease for… Read more