Manhattan
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
Lev Adds Three Senior Executives Amid Rapid Growth
Commercial real estate financing platform Lev, headquartered in Lower Manhattan, has hired three senior executives. They include Alex Vlasto as VP of… Read more
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