Manhattan
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
Convene Shutters All Locations Through March 31
Flexible-office and meeting-space provider Convene has temporarily closed all locations across Manhattan and five other cities in response to the… Read more
Savills Finalizes Deal for Project Management Firm
Savills has completed its acquisition of Macro Consultants LLC, a project management firm with offices in Midtown Manhattan, Los Angeles, Denver, Philadelphia and… Read more
Coffee Chain, Cocktail Lounge Team for Shared Location
New York City coffee chain Hungry Ghost Coffee and Brooklyn cocktail lounge Sweet Polly signed a 2,000-square-foot lease to open a shared location at RXR… Read more
44 Wall Street Trades to Dallas-Based Gaedeke
Dallas-based Gaedeke Group made its New York debut with the $200-million acquisition of 44 Wall St. from EQ Office. Gaedeke… Read more
Naftali Credit Lends on LES Condo Project
Naftali Credit Partners, a subsidiary of Naftali Group, closed on a $62.85-million construction loan for 208 Delancey St., a 12-story boutique luxury condominium development… Read more
City, Amtrak Release Sunnyside Master Plan
The de Blasio Administration and Amtrak released the Sunnyside Yard Master Plan for development over the railroad’s Western Queens storage… Read more
Brookfield, Blackstone Weigh Sale of FiDi Trophy Tower
Brookfield Property Partners and Blackstone are weighing a sale of One Liberty Plaza in Lower Manhattan’s Financial District, Crain’s New… Read more
SitusAMC Promotes Two in CRE, Resi
Anne Jablonski and Tom Britt have been appointed executive managing director, head of commercial real estate, and executive managing director, head of residential… Read more
Manhattan’s Hotel Sector Continues Investment Sales Drought
Manhattan’s hotel investment sales market didn’t have the best start to 2020, says Real Capital Analytics’ (RCA) Jim Costello. Simply… Read more
Multifamily Changes Hands in Bronx’s Highbridge Neighborhood
Marcus & Millichap arranged the sale of 1065 Summit Ave. in the Bronx. 1065 Summit is a 26-unit multifamily building,… Read more
Chicago Ranks Fifth for Large-Scale Office Leases
Although Manhattan claimed the top spot for share of large office leases in 2019, especially among tech-oriented tenants, Chicago ranks… Read more
NYC Apartment Growth Runs Slightly Ahead of State, U.S. Averages
New York City rents have declined 0.1% over the past month, but are up moderately by 2.2% from a year… Read more
Mirante-Led Avison Team Markets Far West Side Mixed-Use
Avison Young has been named leasing agent for Six60 Twelfth, a 300,000-square-foot, mixed-use building under construction at 660 Twelfth Ave.… Read more
Hudson’s Bay Shareholders Approve $1.9B Privatization
Hudson’s Bay Company’s shareholders approved a plan to become a private company, the parent company of Saks Fifth Avenue said… Read more
Transwestern Nonprofits Platform Hires Skelskie, Promotes Powers
Transwestern Commercial Services (TCS) made two high-profile personnel moves in its New York office that strengthen its Nonprofit Advisory Services team.… Read more