Manhattan
Plaza Construction Nears Completion of Long-Stalled Financial District Resi Tower
Plaza Construction is completing work for 125 Greenwich St., an 88-floor residential tower located in Lower Manhattan’s Financial District. The… Read more
Sublease Space Remains at Record Levels in Manhattan
Avison Young’s First Quarter 2023 Office Market Report for New York showed increases in sublease space and renewals and indicated trophy properties… Read more
GFP Continues Lease-Up at 515 Madison Ave.
GFP Real Estate has secured six lease transactions totaling 28,804 square feet at 515 Madison Ave. in Manhattan’s Plaza District.… Read more
Naftali Group’s Bellemont Condos Begin Closings, Starting with $68M Penthouse
Closings have commenced at Naftali Group’s The Bellemont at 1165 Madison Ave. with the record-breaking $67.8-million Penthouse C being the first residence… Read more
Office Lease Renewals Show Strength in Otherwise Quiet Q1 for Manhattan
The renewal rate for Manhattan office leases was one bright spot in the first quarter of 2023, according to CBRE… Read more
GTIS Partners Launches Build-to-Rent Subsidiary
GTIS Partners, a Manhattan-based global real estate investment firm managing $4.3 billion in gross assets with a U.S. focus on… Read more
Meridian Arranges Financing for Parking Garage and Retail in Northern Manhattan
Meridian Capital Group arranged $19 million in financing for a multi-use garage and retail space in Northern Manhattan. The loan… Read more
Safehold Completes Merger with iStar
Safehold Inc., a New York City REIT specializing in ground leases, has closed on its previously announced merger with iStar… Read more
GFP Closes on Loan Extension for Dumont Building
GFP Real Estate has closed on a three-year loan extension with its lender on the Dumont Building at 515 Madison Ave.… Read more
Manhattan Mini Storage Repurposes Former Cinema on Upper East Side
Manhattan Mini Storage is expanding its reach on the Upper East Side with plans to repurpose the former CMX Cinema… Read more
Class A Office Tours Spike in NYC as Space Demand Remains Stable Nationwide
Despite new office demand remaining relatively stable nationwide in recent months, trophy and Class A office spaces, particularly in New… Read more
FDIC Taps Newmark to Sell $60B of Signature Bank Loans
The FDIC has hired Newmark Group to sell about $60 billion of Signature Bank loans, the Wall Street Journal reported Wednesday. Signature collapsed… Read more
Real Estate Infrastructure Banker Joins Siebert Williams Shank
Siebert Williams Shank & Co. (SWS), a Lower Manhattan-based, woman- and minority-owned, non-bank financial firm, has hired Marvin Markus, a financial… Read more
Marx Realty Signs Two Tenants to 10 Grand Central
Marx Realty has signed Lewis Baach and MetroWall to long-term leases totaling 11,000 square feet at 10 Grand Central in… Read more
James Lenox House, Carnegie East to Honor Four at April 4 Gala
James Lenox House and Carnegie East House, both not-for-profit independent and enriched living communities for older adults on Manhattan’s Upper… Read more
Ariel, Cushman & Wakefield Close Sales of Two Lower East Side Multifamily Properties
Ariel Property Advisors and Cushman & Wakefield arranged the sale of two multifamily properties on the Lower East Side of… Read more
REBNY President James Whelan Joins Advisory Council of Fordham Real Estate
James Whelan, president of the Real Estate Board of New York, has been named to The Fordham Real Estate Institute’s… Read more
Ariel Closes Sale of East Village Mixed-Use Multifamily
Ariel Property Advisors arranged the sale of a mixed-use multifamily property at 32 Avenue A between East 2nd and East… Read more
Gus Field Rejoins Cushman & Wakefield After Five Years with Tishman Speyer
Gus Field has rejoined Cushman & Wakefield in Manhattan as executive vice chair after five years with Tishman Speyer, where… Read more