Manhattan
Paramount Board Rejects Bid from Bow Street
Shares of Paramount Group traded higher on Tuesday after the Midtown Manhattan-based REIT said its board of directors had rejected… Read more
Sapir Corp. Names Elad USA’s Sharon Raz as CEO
Sapir Corp Ltd., a Tel Aviv-based firm with holdings in Miami and Manhattan, appointed Sharon Raz as its next CEO. Raz currently… Read more
Public Art Display Comes to 375 Hudson
Hudson Square Properties, a joint venture of Trinity Church Wall Street and Norges Bank Investment Management with Hines as operating… Read more
Women in Real Estate 2020: Pryor Cashman’s Andrea Gendel Negotiates Deals with Impact
Representing both owners and tenants, Pryor Cashman partner Andrea Gendel has significant experience concerning office leasing, including medical facilities; streetscape… Read more
Upper West Side Apartments Trade for First Time in 50 Years
JLL Capital Markets completed the $5.4-million sale of 203 W. 80th St., an 8,004-square-foot multifamily property in the Central Park… Read more
Avison Team Closes $26M Sale of UES Development Site
Avison Young’s Tri-State Investment Sales group closed the sale of a development site at 126 E. 86th St. between Lexington… Read more
Investcorp Divests Eight Apartment Properties for $900M
Investcorp, with U.S. offices in Midtown Manhattan, said Tuesday it had sold eight multifamily properties located in Arizona, California, Florida… Read more
Investors Bank Consolidates at Trinity Centre
Investors Bank, the banking subsidiary of Investors Bancorp, Inc., inked a new lease at Trinity Centre at 111-115 Broadway totaling… Read more
Historic UES Social Club Completes Renovations
Steven Kratchman Architect, P.C. recently completed the restoration of the façade of the historic Harmonie Club at 4 E. 60th St. in the Upper East Side… Read more
Vornado Scales Back Pricing Objective on Towers in NYC, SF
Vornado Realty Trust is scaling back pricing expectations for its 70% stake in 1290 Ave. of the Americas in Midtown… Read more
NYC Employers Lower Expectations for Return to the Office
Manhattan’s office-using employers have lowered their expectations for returning to the office, the Partnership for New York City (PFNYC) reported… Read more
Home Depot Signs Manhattan’s Largest Retail Lease in Years
Gazit-Globe subsidiary Gazit Horizons has entered into a new lease agreement with The Home Depot at Gazit’s property at 410… Read more
Camber Creek Closes Oversubscribed Third Fund at $155M
Camber Creek, a Lower Manhattan-based venture capital firm focused on investing in and scaling early- and growth-stage real estate technology… Read more
BEB Capital Names Director of Acquisitions
BEB Capital, based in Port Washington, NY, has appointed Benjamin M. Fischer as a director of acquisitions. He joins BEB… Read more
Financial Firm Relocates from NYC to Rye
CBRE arranged a 2,855-square-foot lease for Haybeach Partners, a global financial services firm, at the International Corporate Center at Rye… Read more
Invictus Secures $28M Financing on UWS Project
JLL Capital Markets secured $27.5 million in financing for 812-814 Amsterdam Ave., a newly constructed, 44-unit, 15-story, mixed-use property on… Read more
Vornado Completes $500M Refi on PENN11
Vornado Realty Trust has completed a $500-million refinancing of PENN11, a 1.2-million-square-foot Manhattan office building just south of Penn Station… Read more
Midtown Rental Tower Lands $289M Freddie Mac Loan
Greystone closed on a $289,289,000 permanent Freddie Mac loan to an affiliate of BLDG Management Company for the Summit, a… Read more
Manhattan Skyline Management Adds Two Execs, Promotes Two
Carole Bloom has rejoined Manhattan Skyline Management Corp. as SVP of marketing, leasing and sales. Bloom has more than 20… Read more