Manhattan
$75M in Financing for Unsold Condos
ABC Properties received $20 million in equity finance to help pay for its purchase of 146 rent-regulated condominiums at 733… Read more
Manhattan’s Office Development Near Three-Decade Peak
New York City is in the midst of its biggest office construction building boom in three decades, according to an… Read more
RCA Indices: Global Cities Hit Pricing Records, Though Not All Recovered Yet
Real Capital Analytics’ newly-created CPPI (Commercial Property Price Indices) reveal that in Q2 2017 the Global Cities Composite was 36.1%… Read more
NYC Tops for Office Developments
Developers will open more square feet of new office space in Manhattan and Brooklyn in the last months of 2017… Read more
Traditional Midtown Firms Move West
More and more often, companies that in the past would predictably have chosen office spaces in central Midtown are now… Read more
$73M to Buy and Expand Office Building
APF Properties and Drake Street Partners received a $73.4 million package of financing to buy an office building in Manhattan’s… Read more
Bang Bang, Celebrity Tattoo Artist, to Open Soho Storefront
Several months ago, a real estate broker spotted a post on the social media site Snapchat from a tattoo artist,… Read more
WTC Update
In the 16 years since the terrorist attacks of September 11, 2001, three office towers have opened on the World… Read more
$145M Loan to Refinance 88 Leonard St.
Jamestown Properties has borrowed $145 million from Capital One to refinance 88 Leonard St., a 21-story tower with 352 apartments… Read more
Genesis Prize Renews at The Bertelsmann Building
The Genesis Prize has signed a new lease for 3,000 square feet of office space at 1540 Broadway, the 44-story… Read more
Most Expensive Condos at One Manhattan Square Revealed
Extell Development Company unveiled the 25 super-luxury condominiums in its Skyscape Collection, the most expensive condominiums at its already-pricey One… Read more
Landlord Gets 12 Years for Deed Transfer Fraud
Landlord John Kojo Zi received a sentence of up to 12 years in prison for forging deed transfers on five… Read more
New Tenant Provides an Amenity at 220 Fifth Ave.
Breather — an on-demand provider of spaces for meetings — has signed a five-year lease for space at 220 Fifth… Read more
$52M Construction Loan for Tribeca Condos
Cape Advisors have borrowed $52 million to finance the construction of a new condominium development in Manhattan’s Tribeca neighborhood. “The… Read more
Lease Closes Quickly for Hell’s Kitchen French Brasserie
It only took 18 days to arrange the lease for Le Privé French Brasserie, created by Sanjay Laforest, at the restaurant’s… Read more
New East Village Apartments Get Permanent Financing
The new, boutique apartment building at 185 Avenue B has stabilized in Manhattan’s East Village. It has now received its… Read more
Calling All Affordable Developers: Consider the Inwood Library
Affordable housing developers have a chance to build on a prime development site in Manhattan’s Inwood neighborhood — the current… Read more
NYC Rents Hit All-Time Highs in July
Apartment rents in New York City rose to record highs in July. “A mix of rising rents and fewer discounts… Read more
Manhattan’s Gramercy Park MF Trades for $61M
Connect Apartments is planned for September 28th in Los Angeles. Here’s where to get more information and register. Akelius, the U.S.… Read more