Manhattan
Walker & Dunlop Arranges $754M Financing on Crown Building Hotel and Residential
Walker & Dunlop structured $754,000,000 in financing for Aman New York, a luxury hotel and residence development occupying the top… Read more
Natixis Provides $97M Financing on Hudson Yards Apartments
Natixis Corporate & Investment Banking (CIB) originated a $97-million, five-year, floating-rate financing to a borrower affiliated with principals of Maddd Equities,… Read more
Lee NYC Reps MD Squared Property Group in Midtown South Move
Lee & Associates NYC represented MD Squared Property Group, a property management company, in a 14,855-square-foot, five-year sublease at 7… Read more
IT’SUGAR Expands in NYC with Former Modell’s Times Square Site
In a transaction arranged by CBRE, IT’SUGAR, a specialty candy store, has committed to a new retail lease at 234… Read more
Q2 Manhattan Office Leasing Driven by New Construction
Manhattan office leasing volume declined slightly in the second quarter compared to Q1, Newmark and Colliers reported. However, the year-over-year… Read more
Vornado Completes Quartet of Refis for $3.2B
Vornado Realty Trust said it recently completed four refinancings totaling $3.2 billion. These included an extension on an unsecured revolving… Read more
Fort Lee Apartments Fetch $52M Amid Renter Demand
Cushman & Wakefield arranged the sale of The Sterling, a 128-unit multifamily property located at 2055 Center Ave. in Fort… Read more
CoreVest American Finance Closes on $313M Securitization, Uses Blockchain Tech
CoreVest American Finance Lender LLC, a leading lender to residential real estate investors nationwide and a division of Redwood Trust,… Read more
Marcus & Millichap Promotes Ryan Nee to SVP and Southeast Division Manager
Marcus & Millichap has promoted Ryan Nee to SVP and division manager of the Southeast. Nee has been with the… Read more
WiredScore Raises $15M in Series B Round
WiredScore, the Lower Manhattan-based certification company focused on digital connectivity and smart technology, has raised $15 million in Series B… Read more
Obligo, Wells Fargo Partner on Security Deposit Alternative
Lower Manhattan-based fintech company Obligo has unveiled a model, supported by Wells Fargo, that further enhances its product offering. Obligo… Read more
UES Portfolio Deal is Manhattan’s Biggest Apartment Sale of Pandemic
A venture of Black Spruce and Orbach Affordable Housing Solutions has agreed to pay $1.75 billion for six rental apartment buildings on… Read more
Manhattan Office Building Sales Confront a Host of Challenges
Manhattan’s office building sales market faces a perfect storm of challenges: from inflation and the new work-from-home normal to interest… Read more
George Washington University Sells One Washington Circle Hotel
Electra America Hospitality Group, a JV between Electra America and AKA, has acquired the 152-room One Washington Circle Hotel from… Read more
MMCC Secures Financing for Midtown Office Condo
Marcus & Millichap Capital Corporation (MMCC) has arranged $20 million in financing for the Class-A office condominium at 633 Third… Read more
Taconic Launches Life Sciences Real Estate Subsidiary
Taconic Partners has launched Elevate Research Properties, a wholly owned subsidiary that will be responsible for the acquisition, development, leasing… Read more
Newmark Arranges One Medical Lease in NoMad
Newmark Retail arranged a 6,237-square-foot lease with One Medical at The Noma, located at 846 Sixth Ave. in Manhattan’s NoMad… Read more
RIPCO Bolsters F&B Capabilities with BCD Acquisition
RIPCO Real Estate has acquired BCD (Branded Concept Development), a restaurant real estate brokerage firm specializing in the expansion of… Read more
Taking Off: The Live-Work-Play Concept
The idea of living in a rental unit that’s close to work and entertainment isn’t new—it’s been around for decades.… Read more