Manhattan
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
Dime Forges Merger Pact with Bridge Bancorp
Brooklyn-based Dime Community Bancshares and Bridgehampton, NY-based Bridge Bancorp Inc. have agreed to an all-stock merger valued at $489 million.… Read more
78 Million Square Feet of New Office Will Come Along at an Opportune Time
Among the bright spots of May’s surprisingly strong jobs report was the gain of 464,000 positions in construction employment. This… Read more
Morgan Stanley, Savills See Challenges for Manhattan Office
New reports from Morgan Stanley and Savills predict challenging times for Manhattan’s office sector, due to the COVID-19 pandemic and… Read more
Avison’s Korren Will Lead Leasing Efforts at FiDi Office Tower
Avison Young has been named the exclusive leasing agent by New York City REIT, Inc. for its 27-story, 550,000-square-foot office… Read more
BEB Capital Adds 15-Year Veteran as General Counsel
BEB Capital has appointed Emily Wolf to serve as general counsel. She joins the Port Washington, NY-based real estate development and… Read more
VTS Unveils Integrated Leasing/Marketing Platform
VTS announced the availability of VTS Market, reportedly the commercial real estate industry’s first integrated, online marketing platform that enables landlords… Read more
Vornado Weighs Recap Options on Towers in NYC, SF
Vornado Realty Trust said Tuesday it had initiated a process to explore options to recapitalize a Midtown Manhattan office tower… Read more
MSD Partners Raises $1.1B for RE Credit Opportunities
MSD Partners, L.P., the investment advisor for Michael Dell’s MSD Capital, closed its MSD Real Estate Credit Opportunities Fund (RCOF)… Read more
Silverback Partners on Midtown Condo Tower Project
Silverback Development is reportedly partnering with Hong Kong-based Hopson Development Holdings, to build a $250-million residential condominium tower in Midtown… Read more
Upflex Launches Global Network of COVID-Safe Workspaces
Coworking alliance Upflex Inc., headquartered in Downtown Manhattan, has launched Safe Spaces, a workplace re-entry program to help users find workspaces… Read more
Recovery Raises Questions About Office Near Manhattan Commuter Hubs
With questions now being raised about whether office-using employees will commute to those offices or work remotely when the COVID-19… Read more
Put the Spotlight on Your Company’s Rising Stars
Response has been strong to Connect Media’s call for nominations in our fourth annual Next Generation Awards. However, we know… Read more
Avo Launches Residential Service at Extell’s One Manhattan Square
Extell Development Company formed what’s reportedly a first-of-its-kind partnership with Avo, a personal shopping and delivery service start-up. Avo will provide… Read more
Ninja Warrior Training Comes to Far West Side
Ninja warrior training is coming to Manhattan, courtesy of a retail lease arranged by NKF’s Andrew Stern and Ravi Idnani… Read more
Well Building Institute Unveils Post-COVID Rating
The International WELL Building Institute (IWBI), headquartered in Manhattan’s Flatiron District, has launched the WELL Health-Safety Rating for all building and facility… Read more