Manhattan
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
Jennifer Ogden Joins Savills as Corporate Managing Director
Jennifer Ogden has joined Savills as a corporate managing director. A veteran of the commercial real estate industry, Ogden is… Read more
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