Manhattan
Cypress Equity, Winter Properties Break Ground on Bayonne Apartments
Cypress Equity Investments (CEI) broke ground on Avenue G, a 354-unit apartment complex in Bayonne, NJ. Located in a rapidly growing community on… Read more
440 Capital Doubles Office Space in Move to Brookfield’s 660 Fifth Ave.
Alternative credit asset manager 400 Capital Management LLC has signed a lease at Brookfield Properties’ 660 Fifth Ave. in Midtown… Read more
Marx Realty Renovates 545 Madison into Pandemic-Era Repositioning Success
Marx Realty‘s 545 Madison Ave. in Midtown Manhattan stacks up as a pandemic-era repositioning success story. The New York-based owner-developer… Read more
Sunrise Senior Living Launches Second Manhattan Property
Sunrise Senior Living, together with partners Hines and Welltower, has announced the name of its second luxury senior lifestyle community… Read more
Pioneering Hudson Square Tenant Edelman Renews Office Lease for 174K SF
Edelman has renewed its 173,618-square-foot offices at Jack Resnick & Sons’ 250 Hudson St. in Manhattan’s Hudson Square neighborhood. The… Read more
Cushman & Wakefield Team Lists Upper West Side Private School for Sale
Cushman & Wakefield has been retained to market The Calhoun School’s Lower School building for sale. The 23,000-square-foot private educational… Read more
Manhattan Office Leasing Volume Surges in July
Manhattan’s July office leasing activity jumped by 42.8% compared to June and by 34.4% year-over-year, Colliers’ Franklin Wallach reported. This… Read more
Global Holdings Secures Four Leases at 410 Park Ave.
Global Holdings Management Group has completed four office transactions totaling 41,767 square feet at its 410 Park Ave. in Manhattan’s… Read more
Innovo Closes on $435M Refi of Multistory Industrial in Long Island City
Innovo Property Group (IPG) closed on a $435-million loan from Starwood Property Trust and JPMorgan. The funds provided will be… Read more
Manhattan Office Condo Sales Decline by Half in H1 2022
The first half of 2022 saw Manhattan office condominium sales velocity halved with a 53% decrease in total square footage… Read more
Kahen Properties Acquires Lenox Hill Portfolio
JLL Capital Markets closed the $33.75-million trade of a three-building mixed-use multi-housing and commercial portfolio in Manhattan’s Lenox Hill neighborhood. … Read more
Meridian Duo Seals Deal for Tribeca Retail Condo
Meridian’s Chirag Doshi and Amit Doshi recently sold a 5,500-square-foot retail condominium at 326-332 Canal St., also known as 39-41… Read more
3PL Provider Highline Relocates from Chelsea to Industry City
Highline Commerce, a New York City-based third-party logistics provider specializing in small e-commerce businesses, has expanded and relocated to Industry… Read more
Rudin Leases Up Two Floors at 80 Pine St.
Rudin has completed two long-term, full-floor leases totaling more than 36,000 square feet at 80 Pine St., its 1.2-million-square-foot office… Read more
Montgomery Street Launches Ground Lease REIT; Acquires Planned Resi Conversion
Montgomery Street Partners (MSP) has formed The Ground Lease REIT (GLR), a dedicated vehicle focused on originating and acquiring long-term,… Read more
Marx Realty Signs Chick-Fil-A to First Standalone NYC Location
Marx Realty (MNPP), has signed a 20-year, 6,000-square-foot ground lease with Atlanta-based Chick-fil-A. The existing three-story office building at 1573… Read more
Sunrise Senior Living Opens Second Staten Island Facility
Sunrise Senior Living has opened its second community on Staten Island, Sunrise of New Dorp. The nearly 85,000-square-foot, four-story property… Read more
Manhattan Retail Rents Stabilize, But Q2 is “Mixed Bag”
Average asking rents in Manhattan’s 16 prime retail corridors were stable in the second quarter, CBRE reported, ending 18 consecutive… Read more
Newmark Secures Blackstone Loan for 570 Washington St.
Newmark arranged the financing for 570 Washington St., a luxury waterfront residential development in Manhattan’s West Village. A joint venture… Read more