Manhattan
New York Foundation for the Arts Relocates Offices to Midtown Manhattan
The New York Foundation for the Arts signed a 10-year deal to relocate from 20 Jay St. in Brooklyn’s Dumbo… Read more
Child Care Provider Vivvi Coming to Upper East Side via Rudin Lease
Child care and early learning provider Vivvi will open a new campus at the base of Rudin’s 32-story residential building… Read more
Package of Northern Manhattan Condo Units Trades for $3M
GFI Realty Services has sold a Northern Manhattan residential condominium package across three condo buildings—710 Riverside Ave., 305 W. 150th… Read more
Vornado, Rudin Enter Agreement on Midtown Manhattan Towers with Ken Griffin
(Updated with additional information) Vornado Realty Trust and Rudin have reached agreements with Citadel Enterprise Americas LLC and with an… Read more
Northwind Group Furnishes $62M Financing on Long Island City Condos
Northwind Group, a Manhattan based real estate private equity firm, provided a $62-million first mortgage completion-to-condo-inventory loan secured by 86… Read more
RXR Partnership Closes on $261M Preferred Equity for Upper East Side Portfolio
RXR, Macquarie Capital Principal Finance and the Qatar Investment Authority have closed on a $261-million preferred equity investment in the… Read more
Manhattan Office Leasing Declines Month-Over-Month and Year-Over-Year
Manhattan’s November office leasing activity dropped by 7.0% since October and by more than 50.0% year-over-year, reported Colliers. The tally… Read more
NYU Acquires 3 Metrotech as Part of $1B Engineering School Plan
New York University has purchased 3 MetroTech Center, a 350,000-square-foot building adjacent to NYU’s Tandon School of Engineering, from JPMorgan… Read more
FirstService Residential Promotes Two to President in Manhattan
FirstService Residential has promoted two executives in its Manhattan office: Marc Kotler to president of the New Development Group and… Read more
Philly-Based Westover Enters Manhattan Multifamily Market with East Village Acquisition
Philadelphia-based apartment property owner/manager Westover Companies has made its first investment foray into Manhattan, acquiring The Nathaniel in the East… Read more
JLL Markets Auction of Family-Owned Portfolio in West Village, SoHo
JLL Capital Markets is marketing the public auction of the RB Portfolio, a collection of six walk-up, mixed-use properties in… Read more
10 Grand Central Adds Trio of Financial Tenants
DIF Capital Partners, Colibri Equity Ventures and Fin Capital have signed long-term leases totaling 11,872 square feet at Marx Realty’s 10 Grand Central in Midtown… Read more
Barnes & Noble Returning to Upper East Side After Three Years
Barnes & Noble is returning to Manhattan’s Upper East Side, opening a new bookstore at 1556 Third Ave., at the… Read more
Madison Realty Capital Upsizes Commitment to Jersey City MXU
Madison Realty Capital (MRC) has upsized its initial loan to a total commitment of $395 million to Manhattan Building Company… Read more
Lee NYC Brings Roberta’s to Vornado’s PENN 1
Lee & Associates NYC represented Roberta’s in a 5,200-square-foot lease at Vornado Realty Trust’s PENN 1 in Midtown, Manhattan. The… Read more
Madison Avenue Sale Completes Upper East Side Assemblage
Cushman & Wakefield arranged the sale of a 9,302-square-foot, mixed-use property at 833 Madison Ave. on Manhattan’s Upper East Side.… Read more
Lab Space Demand Remains Strong as NYC Life Science Sector Grows
Demand from life sciences tenants in search of lab space in New York City remained robust in the third quarter… Read more
A&E Real Estate Acquires South Brooklyn LeFrak Portfolio for $249M
A&E Real Estate has finalized the acquisition of 14 multifamily buildings in Brooklyn’s Gravesend and Sheepshead Bay neighborhoods for $248.7… Read more
Digital Twin Leader Willow Names Head of North America Real Estate
Digital twin solutions provider Willow, with U.S. headquarters in Midtown Manhattan, has appointed Justin McCullough as head of real estate… Read more