Manhattan
$20M Construction Loan for Boutique Condo Project on Upper West Side
HFF has lined up $20 million in financing for 140 W. 81st St., a boutique residential condominium project in Manhattan’s… Read more
Signs of a Thaw for U.S. Commercial Property Market?
After five consecutive quarters in which U.S. deal volume activity declined, Real Capital Analytics (RCA) reports the slide appears to… Read more
Investors Keep Returning to Manhattan Office
Asian buyers may be keeping a low profile, but that hasn’t stopped investment in Manhattan’s office sector from rebounding after… Read more
Hamilton Heights Walk-Up Trades for $525 Per SF
Ariel Property Advisors has aranged the sale of 523 W. 135th St. in Northern Manhattan’s Hamilton Heights neighborhood. Buyer and… Read more
A City of Evolution and Reinvention: CRE Experts Chart the Opportunities
In the early days of Daren Hornig’s brokerage career two decades ago, when it came to development opportunities “it was… Read more
Lexington Ave. MXU Goes on the Block
Cushman & Wakefield has been retained to market The Parge House, a five-story mixed-use building at 866 Lexington Ave. on… Read more
EY Takes Two Floors in Chelsea Lease Extension
In advance of relocating its headquarters to Brookfield’s Manhattan West complex, EY has taken two floors at Columbia Property Trust’s… Read more
Nordstrom Bites in the Big Apple
While some retailers are filing for bankruptcy, others are testing new concepts to compete with e-commerce and integrate experiential retail… Read more
JP Morgan Chase’s Will Oehler: “The Market Has Been on an Uptrend”
For multifamily, favorable demographics and other positive factors such as low supply continue to underpin the market. That’s the view… Read more
Jackson Heights Retail Sale Sets Local Pricing Record
Marcus & Millichap has arranged the sale of 74-12 to 74-24 37th Ave., a 10,001-square-foot retail property in the Jackson… Read more
U.S.’s Oldest Real Estate Service Firm Joins CORFAC
Helmsley Spear, the oldest continuously operating real estate service firm in the United States, has joined the CORFAC global real… Read more
New York Hotel Occupancy Rises But Investment Sales Decline
New York City’s hotel occupancy rate climbed 120 basis points in 2017, well ahead of the 40-bp increase statewide, according… Read more
2017 Construction Starts Valued at $38B, Says Building Congress
Private and public construction that got underway across the five boroughs in 2017 ultimately will reach $38 billion in value,… Read more
Pricing Drops Year Over Year for Manhattan’s Co-ops and Condos
The median first-quarter price of for-sale apartments in Manhattan, including co-op and condominium units, slipped by 1.3% from a year… Read more
CushWake Brings Industry Veteran to Downtown Team
Barry Finkelman has joined Cushman & Wakefield as an executive director in the firm’s Downtown Manhattan office. He brings the… Read more
Knotel Hires ClassPass Co-founder as VP of Product
Flexible workspace provider Knotel has named its first VP of product, tapping brand builder Sanjiv Sanghavi for the role. Sanghavi… Read more
77 Units Trade in Rare Bulk Condo Sale Outside Manhattan
Cushman & Wakefield has arranged the bulk condominium sale of The Cambium, an upscale condo project in the Village of… Read more
Q&A with Lendlease’s Melissa Burch: Upside and Challenges in NYC Development
The headwinds facing developers in New York City are comparable to what Lendlease is seeing in other global gateway markets… Read more
The Primary Driver of Office Market Growth in America
According to JLL, flexible workspaces and office co-working companies are driving growth in the U.S. office market. Since 2010, flexible… Read more