Manhattan
Halletts Point’s EB-5 Investors Get Petition Approvals
Regional EB-5 center U.S. Immigration Fund (USIF) said Thursday that the first I-526 petition approvals have been issued to EB-5… Read more
NKF Secures $57M for Walker Hotel Tribeca
NKF Capital Markets has arranged a $57-million loan on behalf of Bridgeton Holdings to facilitate the completion and delivery of… Read more
AvalonBay Sells 80% Stake in Five Manhattan Properties
AvalonBay Communities (AVB) has reportedly entered into a joint venture with an institutional client of Invesco Real Estate, selling an… Read more
Silvershore Trades 28 Properties to Delshah
Meridian Capital Group has arranged Silvershore Properties’ $101.7-million sale of 28 properties to Delshah Capital, and negotiated $88 million in… Read more
Co-working Tenants Triple Their Share of Manhattan Leasing
Co-working tenants accounted for 12% of the nearly 25 million square feet of Manhattan office leases in the year’s first… Read more
East River Park Would be Raised in Revised Flood-Barrier Plan
The de Blasio administration will pursue an alternative design for a two-mile flood barrier along Manhattan’s Lower East Side. Although… Read more
Rudin Management Elevates Gupta to Expanded Role
Rudin Management Company has promoted Neil Gupta (pictured) to CIO. He will manage all new investments, acquisitions, and financial assets… Read more
Spaces Opts for DUMBO as Second Brooklyn Site
In its second New York leasing deal this month, coworking provider Space has signed a 61,539-square-foot lease at Normandy Real… Read more
Knotel Inks 3 Downtown Deals and 1 in Midtown
Knotel has finalized four transactions totaling 31,973 square feet throughout Manhattan, including two in Midtown South, one Downtown and one… Read more
Bessemer Trust Takes Top 7 Floors at Rock Group’s 1271 Sixth
Bessemer Trust will occupy the top seven floors at Rockefeller Group’s 1271 Ave. of the Americas. The privately-owned multifamily office… Read more
Vornado Takes Control of Marriott Marquis Retail
Vornado Realty Trust has acquired the 46% interest it didn’t already own in the Marriott Marquis’ retail condominium. The REIT… Read more
NYC’s Tech Sector Poised to “Reach New Heights”
Although its share of leasing volume hasn’t experienced the explosive growth seen by flexible space providers, New York’s tech sector… Read more
Spaces Joins Tenant Roster at Redeveloped 787 Eleventh
Coworking firm Spaces will lease 99,000 square feet at the Georgetown Company’s recently redeveloped 787 Eleventh Ave. on Manhattan’s Far… Read more
Bronx MF Sales Continue Their Winning Streak
The Bronx continued its winning streak for multifamily property investment as the third quarter began, according to Ariel Property Advisors.… Read more
City Weighs Expanding Interborough Ferry Service
New York City Economic Development Corporation said it’s studying the feasibility of adding service on the NYC Ferry system, which… Read more
Flexible Space Gives Boost to Manhattan’s Absorption
WeWork’s newfound status as Manhattan’s largest office tenant didn’t occur in isolation. CBRE’s Nicole LaRusso reported that in just the… Read more
WeWork Tops JPMorgan for NY’s Largest Tenant Title
WeWork is the largest private occupier of office space in Manhattan, having amassed a NY occupancy totaling more than 5.3… Read more
Office, Industrial Markets Q&A with Colliers’ David Amsterdam
Creative workspaces are shaping the office environment across the country in new and interesting ways. Connect Media asked Colliers International’s David… Read more
Seeing the Opportunities on Development Frontiers
“We see the demand, but the market hasn’t gotten there yet.” That’s Youngwoo & Associates (YWA) partner Margarette Lee on… Read more