Manhattan
Private Equity Firm Re-Ups at Fisher Brothers’ 299 Park Ave.
Freeman Spogli & Co. has signed a 10-year lease renewal at Fisher Brothers’ 299 Park Ave. in Midtown Manhattan. A… Read more
NYC Condo and Co-op Sales Post Sharp Year-Over-Year Drops
Sales of residential condominium and co-op units in New York City posted sharp annual declines in October, judging by a… Read more
Retailer Topdrawer Will Open in SoHo at KPG’s 155 Spring St.
Topdrawer, a Japanese/American company known for luxury leather goods, bags, house shoes, fine paper, premium pens and Japanese goods, inked… Read more
Navigating the Office Leasing Waters in a Challenging Environment
From remote work to interest rates, office real estate is facing some challenges. We spoke with Giovanni “Gio” Cordoves, regional… Read more
CBRE Originates Loan on Upper West Side Co-op
CBRE originated a $12.3-million loan to refinance existing debt and facilitate major capital improvements for River View Towers, a 385-unit,… Read more
Manhattan Office Leasing Drops 40% Month-Over-Month and Year-Over-Year
At 1.59 million square feet, Manhattan’s October office leasing activity dropped by 40% from September levels and by 41% year-over-year,… Read more
Harbor Group Provides Senior Mezz Loan for Extell Medical Project on Upper East Side
Harbor Group International (HGI) provided a $90-million senior mezzanine loan to Extell Development Company to finance the construction of 1520… Read more
Boston Properties to Acquire Stake in 200 Fifth Ave.
Boston Properties (BXP) has agreed to acquire an approximately 27% interest in the joint venture that owns 200 Fifth Ave. in Manhattan’s… Read more
IDEAL School of Manhattan Comes to Financial District
The IDEAL School of Manhattan has signed a long-term lease for 63,000 square feet at CIM Group’s 5 Hanover Square,… Read more
L&L’s 425 Park Ave. Holds Grand Opening; 85% Leased at Completion
L&L Holding Company and its project partners celebrated the grand opening of 425 Park Ave. In Midtown Manhattan’s Plaza District.… Read more
NYC Flex Office Demand Exceeds Supply Growth
Global workspace firm The Instant Group expects flexible office space demand to increase by 19% in New York City in… Read more
Summit Health Signs 21K-SF Direct Lease at 1345 Ave. of the Americas
Summit Health has signed a seven-year, 20,826 square foot lease at Fisher Brothers’ 1345 Ave. of the Americas. The multispecialty… Read more
NYC Multifamily Sales Volume Up 37% Year-Over-Year in Q3
New York City multifamily sales totaled $3.57 billion in the third quarter of 2022, a 37% increase year-over-year and 71%… Read more
Global Marketing Agency CSM Establishes First Manhattan Office in Chelsea
CSM Sport and Entertainment, a global integrated marketing and brand experience agency, has signed a three-year lease for 11,940 square… Read more
Meridian Capital’s Team Doshi Closes Hell’s Kitchen Residential Sale
Meridian’s Amit Doshi, Shallini Mehra and Justin Barbos closed on the sale of 541-545 W. 49th St., a six-story residential walkup apartment… Read more
Atlas Capital Group Closes Value-Add Real Estate Fund at $405M
Midtown Manhattan-based Atlas Capital Group has reached the final close of Atlas Capital Investors VI, LP (“Fund VI”). The $405-million… Read more
Investment Sales Veteran Joins Alpha Realty with Focus on Brooklyn
Veteran broker David Marciano has joined Alpha Realty from Westbridge Realty Group. As a senior director, he will help grow… Read more
Landsea’s FÖRENA Residences Reach 90% Sold
Landsea Homes Corporation and locally based DNA Development said that FÖRENA, a Scandinavian-inspired residential building located at the northeast corner… Read more
Class A Dominates Manhattan Office Leasing in Q3
A dominant theme in Manhattan’s third-quarter office leasing story was demand for high-quality assets. New reports from Lee & Associates… Read more