New York
Cushman & Wakefield Arranges Refi for South Bronx Class A Multifamily
Cushman & Wakefield arranged a $26,350,000 loan on behalf of the JCAL Development Group to refinance The Bridgeline, a 91-unit… Read more
Williamsburg Mixed-Use Secures $72M Construction Loan
Lorimer Capital, a commercial real estate lending platform, announced the closing of a $72-million construction loan secured by 83 Wythe… Read more
Coworking Firm The Malin Set to Launch First San Francisco Location
New York City-based coworking company The Malin has committed to its first San Francisco location, signing a lease for 13,500… Read more
Cleary Gottlieb Signs 10-Floor Renewal at Brookfield’s One Liberty
Brookfield Properties said Monday that Cleary Gottlieb has recommitted to One Liberty for another 20 years, leasing 10 floors totaling… Read more
Dwight Capital Arranges HUD 223(f) Loan for Harlem Luxury High-Rise
Dwight Capital has closed a $114-million HUD 223(f) refinance for 224 W 124th St., a 168-unit luxury high-rise residential building in Harlem. Dwight managing director Adam… Read more
Ariel Markets Longtime Brooklyn Bar Association Headquarters
Ariel Property Advisors has been retained to sell 123 Remsen St., a French Second Empire building in Brooklyn Heights. Offered at… Read more
Skylight, PCCP Refi Hudson Riverfront Apartments for $110M
JLL Capital Markets facilitated a $109.5-million refinancing for Riello Edgewater, a 272,191-square-foot, Class A high-rise multifamily community located on the Hudson River waterfront… Read more
Primark to Open Second Store in Maryland at Mall at Prince George’s
International clothing retailer Primark will open its second store in Maryland at the Mall at Prince George’s in Hyattsville. The… Read more
NYC Comptroller Raises Questions About Pied-a-Terre Tax’s Revenue Potential
The Mamdani administration’s proposed pied-a-terre tax could raise more than $500 million in revenues annually, but substantial variables in the… Read more
Report: AvalonBay, Equity Residential in Talks for Possible Merger
AvalonBay Communities Inc. and Equity Residential (EQR) are considering a potential combination that could reshape the US apartment market, Bloomberg… Read more
Global Holdings, MAG Partners Launch Hudson Square Residential
Global Holdings and MAG Partners announced a joint venture Thursday to develop a ground-up project in Manhattan’s Hudson Square neighborhood. Located at… Read more
Performance Gap Widens Between Class A and B Downtown Manhattan Offices
Cushman & Wakefield sees a growing divide in Downtown Manhattan’s office market, where demand for top-tier, amenitized buildings is driving… Read more
Rithm Capital Rebrands Paramount Group as Elecor Properties
Rithm Capital Corp. announced that its commercial real estate platform Paramount Group has officially rebranded as Elecor Properties. The company… Read more
YS Developers Acquires Clinton Hill Development Site for $121M
JLL Capital Markets arranged the $121.4-million sale of 47 Hall St., a full-block, 2.6-acre mixed-use development site in Clinton Hill,… Read more
Life Company Loan Retires Debt on Long Island Self-Storage
Gantry has secured an $11.5-million permanent loan to retire maturing debt for Central Self-Storage, a Public Storage-managed facility located at… Read more
Zenith IOS Lands Strategic Investment from J.P. Morgan Asset Management
Zenith IOS, a Brooklyn-based national owner-operator of industrial outdoor storage properties, has received a strategic investment in its operating platform… Read more
Hyundai Taps SL Green for Leasing, Management of Boutique Tribeca Offices
SL Green Realty Corp. has secured the asset management assignment to launch the leasing of 15 Laight St., a 109,000-square-foot,… Read more