Manhattan
Fairstead Names Asset Management VPs on Affordable, Mixed-Income Sides
Fairstead has appointed Kevin Day as VP of asset management for its affordable properties, and Robert Dunn as VP of… Read more
Chipotle Signs Leases in Hamilton Heights, Clinton
Winick Realty Group has arranged a pair of Manhattan lease transactions on behalf of Chipotle Mexican Grill. Both spaces were… Read more
Multifamily Will See Changes Post-Pandemic
Multifamily owners and developers, take note: the effects of the current pandemic on renter expectations, and on development costs, are… Read more
Cherre, CompStak Launch Data Partnership
Cherre and CompStak, both based in Manhattan, have launched a data partnership, with Cherre integrating CompStak’s lease and sales comp… Read more
PGIM Real Estate Hires Sara Shank to Lead Innovation
PGIM Real Estate has hired Sara Shank as managing director and global head of innovation, based in its Manhattan office.… Read more
L Train Tunnel Rehab Wraps Up Early on Accelerated Schedule
The Metropolitan Transportation Authority has completed its rehabilitation of the L train tunnel between Manhattan and Brooklyn, which withstood damage… Read more
AREAA Manhattan Webinar: RCA’s Jim Costello Charts What to Expect Next
To understand what may be in store for U.S. commercial property markets during and after the COVID-19 pandemic, it’s helpful… Read more
Restoration at Beaux-Arts Courthouse Wins Conservancy Award
The replacement and restoration of the historic skylight within the landmark Manhattan Surrogate’s Courthouse has received a 2020 Lucy G.… Read more
Post-Shutdown, Manhattan Office Will Continue But Evolve
The COVID-19 pandemic isn’t yet over, but already industry members are asking questions about the future of Manhattan office, reports… Read more
Meridian Arranges $43M Loan on Apartment Portfolio
Meridian Capital Group arranged $43.3 million in financing for a five-building multifamily portfolio located throughout Northern Manhattan and the Bronx.… Read more
NYC Multifamily Sales Rose 39% Before Pandemic
Following a tumultuous 2019 due to the passage of sweeping rent-reform legislation, New York City multifamily investment sales were off… Read more
REBNY, Others Offer Relief Plan for Small Businesses
A group including the Real Estate Board of New York (REBNY) proposed plans for relief to New York City’s small… Read more
Flex and Co-working Providers Face Downturn in Manhattan and Globally
Amid the spread of COVID-19, the major flexible office and co-working providers have made moves toward downsizing both their workforces… Read more
Q1 Manhattan Office Leasing Slides on Steep Drop in March
With leasing activity dropping off sharply in March, Manhattan’s office market saw a quarterly drop of nearly 50%, according to… Read more
Innovo, Square Mile Line Up $305M for Bronx Mega-Warehouse
Innovo Property Group (IPG) and Square Mile Capital Management LLC have obtained construction financing totaling $305 million for their development of a one-million-square-foot, two-story… Read more
120 Broadway Lands $510M Refi from Wells Fargo
Cushman & Wakefield advised Silverstein Properties, Inc. and UBS Realty Investors in obtaining a $510-million refinancing of 120 Broadway, the landmark two-million-square-foot… Read more
Top Broker Honorees: CBRE’s Darcy Stacom and William Shanahan
The New York region’s leading investment sales team for several years running, CBRE chairmen Darcy Stacom and William Shanahan completed… Read more
Javits Center, 3 Other NY Sites Identified for Temporary Hospitals
New York Gov. Andrew Cuomo said the Army Corps of Engineers had recommended four initial sites in New York State… Read more
Leasing Veteran Buckley Joins NKF as EVP
Real estate veteran Sam Buckley has joined NKF as EVP of New York brokerage services to oversee strategic direction, performance and goals… Read more