Manhattan
FirstService Residential Tapped to Manage One United Nations Park
FirstService Residential has been appointed manager for One United Nations Park, an ultra-luxury residential tower in the Murray Hill neighborhood… Read more
Ashkenazy Refis Chatham Retail Condo on Upper East Side
Ashkenazy Acquisition Corporation, a private real estate investment firm, today announced a year-end refinancing of $20.6 million for the Chatham… Read more
Manhattan Retail Leasing Improved in 2022, Yet Challenges Remain
Manhattan’s retail market improved during 2022 along all major metrics compared to the prior year, CBRE reported. The rebound in… Read more
NYC Apartment Rentals See Mix of Ups and Downs in December
New York City’s apartment rental market fared better than the national average in December, according to the monthly report from… Read more
Savanna Signs Two New Tenants to 19 W. 44th St.
Savanna, a New York City-based real estate investment manager, owner/operator and developer, has secured two new leases totaling 8,556 square… Read more
Luxury Brokerage The Agency Establishes Manhattan Offices
Arch Companies, a vertically integrated real estate owner, operator and developer, has secured a 10-year lease for the entire third… Read more
View, Nightingale Partner on Smart Windows for Harlem Office Project
Nightingale Properties and Real Estate Equities Corporation said their new 10-story, 160,000-square-foot office development in Harlem will feature Smart Windows… Read more
MTA Selects Skanska for Projects in Jamaica, Midtown Manhattan
Skanska has been selected by the Metropolitan Transportation Authority for projects in Queens and Manhattan. In the larger of the… Read more
BHI Furnishes $80M Construction Loan for Gramercy Park Condo Project
Full-service commercial bank BHI provided an $80-million construction loan to 200 East 20th St LLC. Owned by a Tidhar Group… Read more
Meridian’s Team Doshi Closes Sale of Carnegie Hill Trio
Meridian’s Amit Doshi and Shallini Mehra recently closed on the sale of three contiguous, mixed-use buildings located at 1256, 1258… Read more
Leading Office Landlords Pivot to Other Property Types
Many of the most prominent office developers in the U.S. are shifting gears, looking to buy or build real estate… Read more
NYC Labor Market “Continues to Heal” Yet Job Growth is Slowing
New York City’s labor market “continues to heal” as the private sector has added jobs for 10 consecutive months and… Read more
CarbonQuest Partners with Glenwood Management at Multiple Manhattan Properties
CarbonQuest, a carbon capture technology provider supporting onsite building decarbonization across the real estate sector, is partnering with Glenwood Management… Read more
Manhattan Office Leasing Volume Takes Steep Plunge in Q4
The news for Manhattan office landlords was comparatively bleak in the fourth quarter of 2022, according to Q4 reports from… Read more
Fox, News Corp Renew for Combined 1.2M SF at 1211 Ave. of the Americas
Fox Corporation and News Corp have signed separate long-term leases totaling almost 1.2 million square feet to retain each of… Read more
Manhattan Condo and Co-op Prices Weather First Annual Decline Since Pandemic Began
The median sales price for Manhattan condo and co-op units slipped 5.5% year-over-year in the fourth quarter of 2022, according… Read more
Manhattan Office Leasing Reaches New Peak for Deals at Top-Tier Rents
2022 was the year of the premium office lease in Manhattan, according to JLL and CBRE. Both firms said deals… Read more
Transwestern Steers Signal AI to New Midtown South Headquarters
Transwestern Real Estate Services represented Signal AI, a leading external intelligence company, in an 11,140-square-foot lease at 440 Park Ave.… Read more
25 Water St. Acquisition is Largest Office-to-Residential Conversion Deal on Record
Newmark arranged a $535.8-million loan on behalf of GFP Real Estate, Metro Loft Management and Rockwood Capital for the acquisition… Read more