Manhattan
$19M for Sec. 8 Building in Hamilton Heights
An investor paid $18.75 million for a 60-unit multifamily building in Manhattan’s Hamilton Heights neighborhood. That works out to a… Read more
Concessions Rise for New Apartments, Vacancies Rise Anyway
Property managers are offering larger and larger concessions to try to attract tenants to their apartment communities. But, the vacancy… Read more
Pop-Up Store for Yankee Candle in SoHo
Yankee Candle opens its first-ever experiential pop-up shop, CandlePower by Yankee Candle, on Nov. 9 at 503 Broadway in Manhattan’s… Read more
World’s Best Cookie Dough Comes to the Village
World’s Best Cookie Dough, a dessert shop offering delicious, safe, raw cookie dough, will be opening its first storefront in… Read more
$479M Construction Loan for Hudson Commons from Investment Fund
Cove Property Group and its institutional partner borrowed $479 million in construction financing to redevelop Hudson Commons, a 25-story, 701,364-square-foot… Read more
Moinian Borrows $103M to Build 572 11th Ave.
The Moinian Group borrowed $103 million from Bank of China to build its new rental apartment tower at 572 11th… Read more
More Affordable Seniors Housing
New York City will seek proposals from developers to build 300 new affordable apartments for seniors on three underused sites… Read more
1440 Broadway Sells for $520M
New York REIT agreed to sell its property at 1440 Broadway in Midtown Manhattan for $520 million. The sale is… Read more
Icon Pays $700K-Per-Unit for West Village Walk-Up
Icon Realty Management paid $17.5 million for a partially rent-stabilized, six-story walkup with 25 apartments in Manhattan’s West Village. That… Read more
EY Takes 600K-SF at One Manhattan West
Ernst & Young (EY) signed a lease for 600,000 square feet of office space at One Manhattan West, the 67-story,… Read more
$803K-per-Unit for Upper West Side Apartments
An Upper West Side investor paid $28.9 million for 36 apartments on Manhattan’s Upper West Side. That works out to… Read more
Hudson Yards Draws 15% of Midtown Leasing Activity
So far this year, 15% of the leasing activity in Midtown Manhattan has been concentrated in Hudson Yards and Manhattan… Read more
Midtown South Strikes Back
A growing number of companies craving large, new spaces moved out of Manhattan’s Midtown South neighborhood due to lack of… Read more
Winklevoss Twins’ Tech Firm Rents at 315 Park Ave. South
Tech company Gemini Trust Company has signed a lease for 34,000 square feet of space at 315 Park Ave. South,… Read more
RiverOak NYC Completes $114M in Purchases
Real estate investment fund RiverOak NYC has invested $113.5 million in eight properties in New York City acquisitions. Most recently,… Read more
$195M Financing for Midtown Manhattan Office Building
M&T Bank and Natixis co-arranged a $195 million senior loan secured by a 347,694-square-foot, Class A office building at 55… Read more
Development Booms in Brooklyn, Queens, Staten Island and the Bronx
New York City’s development boom is spreading far beyond Midtown Manhattan — thanks in part to public investment. “When you… Read more
Migdal Group Buys 49% of 240-246 W. 35th St.
ATCO Properties & Management has partnered with Israeli-based Migdal Group at 240-246 West 35th Street, in the purchase of an… Read more
Gucci Fills 11K-SF in SoHo
Gucci has reportedly signed a lease to occupy the 10,700-square-foot retail space on the ground floor of 375 West Broadway… Read more