New York
Carlo Bellini’s 99c Pays $297M to Buy Fidi Office Tower
Canadian biotech entrepreneur Carlo Bellini’s real estate firm, 99c, has acquired 180 Maiden Lane in the Financial District for $297… Read more
Electric Shuffle Launching First NYC Venue in NoMad
Electric Shuffle is gearing up to launch its first New York City venue in NoMad, situated at 44 W 30th… Read more
Willow Tree Credit Partners Signs 10K-SF Midtown Lease
Willow Tree Credit Partners has signed a new five-year lease with SL Green Realty Corp for 10,820 square feet at… Read more
Tradeweb Markets Inks 75K-SF with SL Green at 245 Park Ave
Tradeweb Markets LLC, an operator of electronic marketplaces for rates, credit, equities and money markets, has signed a new 75,825-square-foot,… Read more
GDC Secures $16B Funding for Hudson Tunnel Project
The Gateway Development Commission (GDC) has secured $16 billion for the Hudson Tunnel Project (HTP), including $6.88 billion in federal… Read more
Sagard Real Estate Breaks Ground on Staten Island Warehouse
Sagard Real Estate has commenced development on a 332,000-square-foot Class A warehouse in Staten Island’s Richmond Valley neighborhood. Anticipated for… Read more
NYC Prime Retail Availability Drops to Record Low
In Q2 2024, the average prime availability rate in New York City dropped to a record low of 15.3%, significantly… Read more
New School Student Housing Building Sold for $30M
Hawkins Way Capital has purchased a 122-unit student housing building at 300 West 20th Street in New York City from… Read more
Silverstein Gains Control of BK Tower in $672M Deal
Silverstein Capital Partners has gained control of the 74-story Brooklyn Tower at 9 Dekalb Avenue in a $672 million deal,… Read more
BFC Partners, NYCHA Secure $332M for Staten Island Resi Development
NYCHA and BFC Partners have secured $332.3 million in funding for their PACT project in West Brighton, Staten Island, bringing… Read more
Bob’s Stores to Close All 21 Retail Locations
Bob’s Stores, a New England retailer established in Connecticut in 1954, is closing all 12 of its New England locations: … Read more
Valuation Declines on Distressed Properties Now Average 43%
Valuations on distressed properties as of midyear 2024 have declined an average of 43% from their original issuance, CRED iQ… Read more
Discount Chain Bob’s Stores Enters Chapter 11 Liquidation
A joint venture of Hilco Merchant Resources and Gordon Brothers will manage the liquidation of Bob’s Stores. The 70-year-old Northeast… Read more
BRP Companies Unveils 494K-SF Resi Community in Farmingville
BRP Companies has unveiled phase I of The Arboretum at Farmingville, a 494,000-square-foot residential community at 510 Horseblock Road in… Read more
Kingsland Commons Phase II in Williamsburg Lands $235M
The Hudson Companies and St. Nicks Alliance, with support from NYC agencies and private partners, have closed $235 million in… Read more
Bronx PACT Modernization Project Secures $275M in Financing
The New York City Housing Authority (NYCHA) has secured $275 million in financing for Sack Wern Houses, a PACT project… Read more
100% Leased Malibu Retail Trades to Private Buyer
The Park at Cross Creek, a 100% leased Malibu retail center anchored by a custom-built Whole Foods Market, has traded… Read more
Law Firm ECBAWM Expands Office at Rockefeller Center
Law firm Emery Celli Brinckerhoff Abady Ward & Maazel LLP (ECBAWM) is expanding its office space by nearly 40%, moving… Read more