Manhattan
Office Condo Sales Take Steep Plunge in 1H 2020
Manhattan saw a 66% decline in square footage in office condominium sales during the first half of 2020, according to… Read more
Electric Vehicle Maker Leases Pop-Up Showroom in Midtown
Cushman & Wakefield arranged a 4,000-square-foot lease for Polestar’s new pop-up showroom on the ground floor of 5 East 59th St.… Read more
Nathan’s Famous Partners with REEF Kitchens
Nathan’s Famous, Inc., a New York City tradition now headquartered in Jericho, NY, is partnering with REEF, one of the… Read more
Resnick Completes Refresh on Lobby of UES Luxury Building
Jack Resnick & Sons completed construction on its newly redesigned lobby at Gracie Mews, its 35-story luxury residential tower on Manhattan’s Upper East… Read more
Northern Manhattan Multifamily Sales Sustain Steep Drop in Q2
Northern Manhattan withstood a steep drop in multifamily sales during the second quarter, with dollar volume down 78% from Q1,… Read more
CushWake Shops Office Condo for Marist College
Cushman & Wakefield was hired by Marist College to sell the condominium ownership interest for the entire 14th floor at 420… Read more
Fairstead Adds HR Veteran as Chief People Officer
Affordable housing owner/developer Fairstead appointed Gladys Chen as its first chief people officer. She brings more than 15 years’ experience… Read more
Tishman Speyer Expands Studio Co-working Brand
Tishman Speyer said Tuesday it was expanding Studio, its own co-working brand, to two additional Midtown Manhattan locations, Rockefeller Center’s 1230… Read more
3 NYCHA Community Centers to Be Restored
Three New York City Housing Authority community centers will be renovated and restored to their communities using $22 million in capital… Read more
JLL Team Markets East Village Redevelopment Opportunity
JLL Capital Markets was selected by The Bowery Mission to market a mixed-use redevelopment opportunity at 45-51 Avenue D in the East… Read more
Bridge Raises $1.3B for O-Zone Strategy
Bridge Investment Group said Wednesday it had raised $1.3 billion in its Opportunity Zones strategy, with the significant majority of… Read more
SitusAMC Names Head of Commercial Advisory & Diligence
Aimee Sailor has been named managing director, head of commercial advisory & diligence at Situs AMC, based in its Midtown Manhattan office.… Read more
Northern Manhattan Sales Volume Falls to Great Recession Levels
Northern Manhattan saw 37 sales transactions in the first half of 2020 consisting of 68 properties totaling $385.71 million. Year-over-year,… Read more
New York & Company Parent Files for Chapter 11
RTW Retailwinds, the parent company of the New York & Company, Fashion to Figure and Happy x Nature retail brands,… Read more
Ready Capital Completes $609M of Securitizations
Ready Capital Corporation completed two commercial real estate loan securitizations, totaling $609 million, in the second quarter. Proceeds were used to… Read more
Resnick JV Lands $100M Financing on Lower Manhattan Offices
PGIM Real Estate arranged a $100-million, 15-year financing for 52 Broadway, a Lower Manhattan office property owned by a joint… Read more
Brooks Brothers Seeks New Owner in Chapter 11 Filing
Menswear retailer Brooks Brothers filed for bankruptcy Wednesday in Wilmington, DE as it continues to seek a buyer. Founded in… Read more
555 West End Ave. Markets $23M Penthouse
555 West End Ave., a landmarked Beaux Arts Catholic School that has been transformed into residential condominiums, has listed its “crown jewel”… Read more
NYC Retail Corridors Face Challenges in Recovery: Report
Three key retail corridors across New York City are differently positioned—and challenged—to recover from the pandemic-driven downturn, HR&A Advisors says… Read more