New York
Douglaston Closes on Financing for Second Phase of Bronx Affordable Development
The New York City Housing Development Corporation (HDC), The New York City Department of Housing Preservation and Development (HPD) and Douglaston Development… Read more
BRP and Project Partners Cut the Ribbon on Downtown Jamaica Mixed-Use
BRP Companies, public officials and project partners recently celebrated the grand opening of The Monarch, a 605-unit, 25-story, 542,000-square-foot mixed-use development located… Read more
Indoor Soccer Facility Leases 20K SF at 28 Liberty
Fosun Hive has signed Socceroof, a high-end, indoor soccer facility, to a 20,000-square-foot lease at 28 Liberty, the landmarked office… Read more
JV of Fetner and Lions Group Begins Leasing at LIC Rental Tower
American Lions, a joint venture between Fetner Properties and Lions Group, has begun leasing at The Bold, a new 28-story residential tower at 27-01 Jackson… Read more
Westchester Medical Breaks Ground on $220M Critical Care Tower
State and local elected officials, key community influencers, and Westchester Medical Center Health Network (WMCHealth) leadership gathered recently to commemorate… Read more
Commentary: GenAI Can Mean Pivotal Difference for CRE Professionals
By Luis Amador If you’ve been anywhere near an office in the last decade, you’ve likely heard all about the… Read more
NYC Multifamily Sales Post 108% Quarterly Rise in Dollar Volume
New York City saw robust activity in the multifamily market in the second quarter of 2024 with dollar volume exceeding… Read more
Avison Young Team Lists Midtown Offices as Development Opportunity
Avison Young has listed an office property at 4 W. 43rd St. off Fifth Avenue in Midtown Manhattan on behalf of… Read more
RXR Opens Fourth Residential Tower in Downtown New Rochelle Redevelopment
RXR, the master developer behind the redevelopment of Downtown New Rochelle, held the grand opening of Two Clinton Park, its… Read more
ESRT Adding More Williamsburg Retail for $195M
Empire State Realty Trust (ESRT) said it had agreed to acquire two retail portfolios along North 6th Street in Brooklyn’s… Read more
Barnes & Noble Plans Return to Bellevue
Barnes & Noble has filed plans with the city to open a store at Bellevue Square, two years after closing… Read more
Naftali Credit Partners Closes on Mezz Loans for Condo Projects
Naftali Credit Partners closed on two mezzanine loans marking the fourth and fifth deals of its second opportunistic debt fund. These latest transactions… Read more
Slate Property Group’s SCALE Lending Partners with Harel Finance
SCALE Lending, the debt financing arm of Slate Property Group, announced an initial partnership with Israel-based Harel Finance to support the deployment of construction and bridge… Read more
Prime Office Rents Surpass Class A by More Than 30% Globally
Rents for prime office space–the uppermost tier of Class A, typically with rents in the top 5% to 10%–now average… Read more
Fitness Studio Renews Flatiron District Lease with Moinian
The Moinian Group has signed a 3,000-square-foot lease renewal with Bodyrok, a Pilates-inspired strength training and fitness studio at 10 West… Read more
Manhattan Retail Demand Strengthens, Yet Challenges Remain
Average asking rents increased year over year in 10 of 16 of Manhattan’s major retail corridors, the Real Estate Board… Read more
Howard Hughes Board Authorizes Spinoff of Seaport Entertainment
Howard Hughes Holdings Inc. (HHH) said its board of directors has authorized the spinoff of Seaport Entertainment Group Inc. with… Read more