Manhattan
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
Manhattan Sublease Space Approaches Great Recession Levels
Sublease space in Manhattan’s office market now totals 16.1 million square feet, and accounts for 26.7% of total available space,… Read more
One-Time Catering Hall Lists on Lower East Side
JLL Capital Markets has been retained to market 98 Forsyth St., a mixed-use elevator building on Manhattan’s Lower East Side.… Read more
Bronx Realtors Group Merges with Hudson Gateway
The Hudson Gateway Association of Realtors (HGAR) is merging with the Bronx-Manhattan North Association of Realtors (BMNAR). In total, HGAR… Read more
Flexible Workspace Leaders Plan on Being Relevant for the Long Term
For Industrious, 2020 started out as a banner year, one that was expected to see the Lower Manhattan-based workplace provider… Read more
Latch Introduces Multifamily Operating System
Midtown Manhattan-based Latch recently launched its first multifamily building operating system. Called LatchOS, the new system is intended to enable residents and building… Read more