Manhattan
Betty Castro Joins Ripco as Managing Partner for Manhattan and Brooklyn
Ripco Real Estate has hired Betty Castro as managing partner for the retail services firm’s Manhattan and Brooklyn markets. The 25-year brokerage veteran will work closely with Ripco’s partners to plan… Read more
Ariel Lists Landmarked Apartments in Hamilton Heights
Ariel Property Advisors has listed the Ivey Delph Apartments at 13-19 Hamilton Terr. in Manhattan for $19.5 million. Designed by renowned… Read more
ABC Carpet Plans Asset Sale Following Chapter 11 Filing
Luxury furniture retailer ABC Carpet & Home on Friday secured court approval to tap part of a $5.7-million loan to… Read more
New Apartment Leases Set August Records in Manhattan, Brooklyn, NW Queens
August volume for new apartment leases continued to set some form of record across Manhattan, Brooklyn and Northwest Queens, appraisal firm Miller Samuel said in its monthly report… Read more
Fintech Startup Inks Manhattan’s Largest Sublease of Pandemic
Wharton Property Advisors (WPA) served as exclusive agent to fintech startup DailyPay in subletting 137,000 square feet at Retirement Systems of Alabama’s 55 Water St. in Lower… Read more
Traci Wilhelm Joins Ashcroft Capital from RXR
Multifamily investment firm Ashcroft Capital has hired Traci Wilhelm as director of asset management, based in Midtown Manhattan. Wilhelm joins Ashcroft… Read more
SperryCGA Broadens Its Reach into Capital Markets: Q&A with Mark Hinkins
Sperry Commercial Global Affiliates (SperryCGA) launched a capital markets business, Sperry RE Capital, this past December, with industry veteran Sam… Read more
SL Green Launches Residential Leasing in Lower Manhattan
SL Green Realty Corp. and Douglas Elliman have launched leasing at SL Green’s 7 Dey St., a/k/a 185 Broadway. A 34-story, mixed-use building in… Read more
Paramount Backfills 190K SF at 1301 Ave. of the Americas
Paramount Group has signed leases aggregating 279,000 square feet at 1301 Ave. of the Americas, its 1.7- million-square-foot office building… Read more
Brookfield Divests Fifth Ave. Condo in Manhattan’s Largest Retail Sale YTD
In what is reportedly the largest retail trade of its kind in Manhattan since the onset of the pandemic, Brookfield Property Partners is selling… Read more
Adaptive Reuse Transforms 1905 Warehouse into Medical Center
Eastman Cooke & Associates, a Manhattan-based, mid-sized construction company, is completing an adaptive reuse project at 438 W. 51st St., between Ninth and Tenth avenues, transforming… Read more
Manhattan Office Markets Post First Positive Absorption in Two Years
Manhattan’s Midtown, Downtown and Midtown South markets showed signs of a real rebound in office leasing activity in August, CBRE said Friday. All three markets… Read more
Ayden Doubles Footprint of Union Square Offices
JLL and Madison Capital have completed a 30,415-square-foot lease at 71 Fifth Ave. in Manhattan’s Union Square neighborhood with Dutch payment company… Read more
JLL Tapped to Lease Media Arts Building in Gramercy Park
JLL has been retained by A. Shalom Realty & Management Company to lease 220 East 23rd St., the Media Arts Building, a… Read more
CushWake Closes Sales of Five West Side Multifamily Assets
Cushman & Wakefield arranged the sale of five multifamily properties from The Metro Portfolio for a total of $27,050,000. The firm’s Robert M.… Read more
Manhattan Office Leasing Posts Strongest Month Since Pre-Pandemic
The rise of the delta variant notwithstanding, Manhattan office leasing activity increased for the fourth consecutive month, with 2.45 million square feet leased, Colliers’ Franklin Wallach reported. This… Read more
P.F. Chang’s Adds Fifth Manhattan Location for Off-Premise Dining
Newmark Retail arranged a 2,230-square-foot lease at 885 Eighth Ave. for the newest P.F. Chang’s To Go. This marks the fifth such lease in the city in the past 18 months as P.F. Chang’s expands its off-premise dining concept throughout the country. Vice chairman Ariel Schuster and associate director Mitch Heifetz represented P.F. Chang’s in this… Read more
CBRE Sees Leading Office Markets in Recovery Mode
Activity in the 12 largest U.S. office markets indicates that many have started their recovery from the pandemic-induced downturn, according… Read more
Multifamily Investment Manager Moves to Rudin Tower
JLL has completed a 6,306-square-foot lease for Limekiln Real Estate Investment Management, LP, for the partial 41st floor at 41… Read more