Manhattan
JLL Team Closes $46M Bulk Condo Sale on Upper West Side
JLL Capital Markets has closed the $45.625-million bulk sale of 111 condominium units at 100 W. 93rd St., a 280-unit,… Read more
PFNYC Survey: Vaccinations Will Be Required for Onsite Office Employees
Fifty-eight percent of Manhattan employers that disclosed vaccination policies plan to require that all onsite employees are vaccinated for COVID-19 and 44% plan to require that all… Read more
Amazon Reportedly Eyes Manhattan West Sublease
Amazon is in talks to sublease offices at Brookfield’s Manhattan West complex from JPMorgan Chase, Bloomberg reported, citing people familiar with the matter. The retailer is looking… Read more
MTA, NY City and State Receive Federal Go-Ahead on Impact Study of Congestion Pricing Plan
Nearly two-and-a-half years after the New York State Legislature authorized a congestion pricing plan for Midtown Manhattan, the Metropolitan Transportation Authority (MTA) and the city and state… Read more
Marcus & Millichap Arranges $45M Sale of Two Shopping Centers in Massachusetts
Marcus & Millichap has arranged the sale of two shopping centers in Massachusetts totaling $44.5 million. The properties are the… Read more
JLL Arranges UWS Relocation for Shefa School
JLL represented the Shefa School in a full-building relocation to approximately 75,000 square feet at 17 W. 60th St. on Manhattan’s Upper West Side. The Shefa School is a… Read more
Manhattan Office Condo Pricing Hits Five-Year Low
Pricing on Manhattan office condominiums hit the lowest levels in five years in the first half of 2021, Rudder Property Group (RPG) reported… Read more
Hilton Grand Vacations Opens Fifth Manhattan Timeshare Property
Hilton Grand Vacations opened its fifth Manhattan timeshare property, The Central at 5th by Hilton Club. The ground-up 33-story building is located on East… Read more
WeWork, Hudson’s Bay Will Bring Co-Working Spaces to Retail Stores
WeWork is partnering with Saks Fifth Avenue owner Hudson’s Bay Co. to open co-working spaces in current and former Saks retail stores,… Read more
CBRE Global Investors Closes Its Largest Value-Add Fund at $2.3B
CBRE Global Investors, headquartered in Manhattan, said Tuesday it had reached the final close of CBRE Strategic Partners U.S. Value 9, L.P. At $2.3 billion,… Read more
Gazit Horizons Closes $134M Financing on Upper East Side Home Depot
Gazit-Globe subsidiary Gazit Horizons has entered into a $134.4-million Credit Term Lease (CTL) bond financing for 410 E. 61st St. on Manhattan’s Upper East Side. The 120,000-square-foot property was leased last… Read more
Manhattan Office Sector Rebounds, Yet Headwinds Remain
Office market leasing in Manhattan is showing clear signs of breaking out of the pandemic shutdown, according to reports from Colliers… Read more
$46M Share Placement Positions essensys for Expansion
essensys, the global provider of software and technology to the flexible workspace industry with U.S. headquarters in Midtown Manhattan, has raised $46 million… Read more
Trading Apps? There’s an Office Space for That
We’ve heard a great deal about the mushrooming popularity of e-commerce and Zoom calls as the pandemic forced people to… Read more
Welcome Homes Finds Home at Rudin’s 41 Madison Ave.
Handler Real Estate Organization arranged a 4,761-square-foot office lease on behalf of digital home building firm Welcome Homes at Rudin Management’s 41 Madison Ave. The… Read more
Butler Hospitality Takes Full Floor in Sublease from Zillow
JLL recently completed a 27,040-square-foot sublease for Butler Hospitality Corp. at Global Holdings Management Group’s Nomad Tower at 1250 Broadway in Manhattan’s NoMad neighborhood. Butler expanded from 6,000 square feet at… Read more
ACRE Closes Direct Lending Fund at North of $325M
Asia Capital Real Estate (ACRE), a global real estate private equity firm that manages capital for institutional and family office… Read more
Wegmans Takes 82K SF at 770 Broadway for First Manhattan Store
RIPCO Real Estate arranged Wegmans Food Markets’ first Manhattan location and second New York store totaling 82,000 square feet at Vornado Realty Trust’s 770 Broadway,… Read more
Pembrook Names Two Senior Advisors on Its Affordable Housing Lending
Pembrook Capital Management LLC (PBC) has named two senior advisors to expand the Midtown Manhattan-based firm’s efforts to address racial and economic inequality… Read more