Manhattan
SJP Joint Venture Finalizes Buy of 470 Park South
A joint venture of SJP Properties and PGIM Real Estate has closed on its acquisition of 470 Park Avenue So.… Read more
Brooklyn, Queens Will See QOZ Investment, Says GFI
Crown Heights in Brooklyn and Far Rockaway in Queens, along with Harlem in Northern Manhattan, are expected to reap investment… Read more
AvalonBay Closes on Sale of $760M Portfolio
AvalonBay Communities (AVB) has completed the sale of its 80% interest in five Manhattan properties to a newly-formed joint venture… Read more
Chase Q&A Series Part 1: An Economic and Demographic Perspective
By Kurt Stuart, Chase Commercial Term Lending I recently had the opportunity to speak with Reis economist Victor Calanog, PhD,… Read more
TH, Taconic JV Takes Manhattan Tower for $269M
TH Real Estate and Taconic Investment Partners acquired 440 Ninth Ave. in Manhattan from Unizo Holdings Inc. for $269 million.… Read more
U.S. Study: Can Freelancers Cope with the Cost of Living?
Did you know that about 57 million people in America are freelancers? Since freelancers have to take into account business… Read more
Omnichannel Retail Finds a Home in NYC
As retailers increasingly embrace omnichannel, one byproduct has been e-tailers stretching out via brick-and-mortar locations. The trend is especially evident… Read more
IKEA to Roll Out Smaller-format Store in Midtown
IKEA will introduce its Planning Studio concept to the U.S., with the spring 2019 unveiling of a location at 999… Read more
Tech Giant Tops Biggest Real Estate Deals of 2018
As the year comes winding to an end, there’s one name on the list that dominates the biggest real estate… Read more
Brooklyn Retail Rents on the Rise
By comparison to Manhattan, where average asking rents for ground-floor space declined in 15 of the 17 major corridors, Brooklyn… Read more
LBA, RXR Plan Multistory Warehouse in Maspeth
LBA Logistics and RXR Realty plan to develop Grand Logistics Center, a 770,000-square-foot, multistory facility in the Maspeth section of… Read more
Hello Living Acquires Site for 1st Bronx Project
Hello Living has acquired 1049 Washington Ave. in the Bronx’s Morrisania section, with plans to reevelop it into a 104-unit… Read more
Retail Rents in Manhattan Continue to Ebb
Manhattan’s most popular retail corridors experienced widespread asking rent declines in the fall of 2018, the Real Estate Board of… Read more
NYC Multifamily Sees Growth Across Metrics
Growth in New York City’s multifamily sector has been the proverbial rising tide that lifts all boats, judging by Marcus… Read more
Landsea, Leyton Break Ground on UWS Condos
Landsea Homes has launched construction on its first ground-up project in Manhattan, a 14-story condominium tower at 212 W. 93rd… Read more
Welltower, Hines Partner on UWS Senior Living Project
Welltower Inc. and Hines have closed on the acquisition of a development site at 2330 Broadway at 85th Street on the Upper… Read more
Hello Living Plants Flag in Inwood with MXU
Brooklyn-based Hello Living has acquired 4650 Broadway in Northern Manhattan’s Inwood section for what will be its first development in… Read more
Google Gears Up for Major NYC Expansion
Google is in advanced talks to lease or acquire St. John’s Terminal, the sprawling, 1.3-million-square-foot former warehouse that’s set to… Read more
Women in Real Estate 2018: RKF’s Bellantoni Helps Shape Manhattan Retail Corridors
One of Midtown Manhattan’s most iconic retail locations, the “glass-cube” Apple Store at the base of 767 Fifth Ave., is… Read more