Manhattan
The Greening of Lease Terms
As new-construction commercial properties—and retrofitted older ones—veer toward sustainability and the goal of net zero carbon emissions, the use of these properties is also headed in that… Read more
ESRT Secures Trio of Midtown Office Leases
Empire State Realty Trust (ESRT) has signed two new leases and a renewal in its Midtown Manhattan office portfolio over the… Read more
Manhattan Office Market Makes “Considerable Strides” in Recovery
The Manhattan office market improved across all measures in September, pointing to a strengthening recovery, according to CBRE’s monthly “Pulse… Read more
Bilingual English-German School Expands Tribeca Presence
Manhattan Skyline Management Corp. arranged a new long-term agreement with the German School Manhattan (GSM) to lease 3,692 square feet of educational space at 85… Read more
CBRE Investment Management Taps Acquisitions Director for Americas
Dino Christoforakis has joined CBRE Investment Management as an acquisitions director in the Americas commercial operator division, based in Midtown Manhattan. He’ll be responsible for sourcing investments in the office, life… Read more
FiDi Condo Tower Secures $167M Macquarie Loan
JLL Capital Markets secured $167 million in condominium inventory financing for Jolie at 77 Greenwich St., a 500-foot-tall, 90-unit residential condo tower in… Read more
High-End Spa Bathhouse Establishes First Manhattan Location
Newmark Retail arranged a long-term lease for the high-end spa Bathhouse for 34,328 square feet at 7 W. 21st St. in the Flatiron neighborhood.… Read more
A&E Acquires Second Sutton Place Apartment Tower
A&E Real Estate has acquired 400 E. 57th St., a 19-story, 263-unit multifamily building in Manhattan’s Sutton Place neighborhood, for an undisclosed sum. This is A&E’s second recent… Read more
Hospital for Special Surgery to Anchor Extell MOB Project
Extell Development Company will develop what it calls the first prime Class A medical office building on Manhattan’s Upper East… Read more
Pink Stone Will Partner with Grubb Properties on FiDi Mixed-Use
Pink Stone Capital Group has sold a development site at 111 Washington St. in Manhattan’s Financial District to a newly formed partnership with Grubb Properties for $89… Read more
Outerstuff Re-Ups for 10 More Years in Fashion District
Cresa VP Simeon Weber arranged another 10-year lease for Outerstuff at 1412 Broadway, comprising 50,500 square feet on three floors of the Fashion District building… Read more
Northern Manhattan Apartment Portfolio Fetches $190M
AIR Communities is selling an 11-building multifamily portfolio for $190 million, according to a source familiar with the transaction. HUBB NYC will be purchasing the… Read more
Alicia Glen’s MSquared Raises $108M Fund
MSquared, a women-owned real estate development and investment platform founded by former Deputy Mayor Alicia Glen, today announced the $107.6-million… Read more
Venable Consolidates Manhattan Offices to Durst’s One Five One
Law firm Venable LLP signed a 15-year lease for 157,808 square feet on the 48th through 52nd floors at the… Read more
Rosewood Closes $13M Sale of Inwood Multifamily Duo
Rosewood Realty Group announced the sale of two contiguous five-story, rent stabilized walk-up apartment buildings consisting of a total of 98… Read more
TF Cornerstone Signs Organic Market to LIC Residential
Prestige Marketplace has signed a lease for 2,967 square feet of retail at TF Cornerstone’s (TFC) 4545 Center Blvd. project. The new… Read more
Bradford Allen Opens Manhattan Office, Hires Industry Veteran Glenn Isaacson
Chicago-based services firm Bradford Allen has expanded with the opening of a New York office and the strategic hiring of industry veteran Glenn… Read more
Swiss Shoemaker Chooses Resnick Tower for First U.S. Retail Store
Swiss shoemaker brand Le Majordome will establish its first U.S. retail location at Jack Resnick & Sons’ 485 Madison Ave. in the Plaza District. Its new Manhattan… Read more
Rosewood Closes $25M Portfolio Sale in the Bronx, Northern Manhattan
Rosewood Realty closed the $24.5-million sale of a seven building, mixed-use portfolio in the Bronx and Nothern Manhattan. The firm’s… Read more