New York
Long Island Industrial Leasing Activity Increases in Q1
The industrial and office sectors on Long Island have shown promising trends in the first quarter of 2024, according to… Read more
Sullivan & Worcester Inks 42K SF in Midtown
Law firm Sullivan & Worcester is set to relocate its New York City offices to a smaller space at Mitsui Fudosan America’s… Read more
Taconic Partners Adds Three New Leases in Harlem
Taconic Partners has finalized leases with Studio Museum in Harlem, United Negro College Fund (UNCF), and Virginia Union University at… Read more
Bloomberg Extends 1M-SF HQ Lease at 731 Lex
Alexander’s, Inc. has extended Bloomberg LP’s lease at 731 Lexington Avenue through 2040, maintaining the company’s headquarters there. Bloomberg will occupy all 946,815 square… Read more
Net Lease Office Properties Divests Three Assets for $132M
Net Lease Office Properties (NLOP), headquartered in New York City, said it had sold three office properties in March and… Read more
Terreno Realty Pays $365M for Industrial on East and West Coasts
Bellevue, WA-based Terreno Realty Corporation, which acquires, owns and operates industrial real estate in six major coastal U.S. markets, acquired… Read more
G4 Capital Partners Provides $117M for BK Resi Project
Yitzchok Schwartz, a Brooklyn landlord, has secured $117 million in financing through Franklin Place II LLC to acquire and develop… Read more
Simpson Thacher Expands RE Finance Practice Team
Simpson Thacher & Bartlett LLP has welcomed Aron Zuckerman as a partner in the Firm’s Real Estate Practice in the… Read more
Innovo Unveils 736K-SF Industrial Facility in LIC
Innovo Property Group (IPG) has unveiled its latest development, The Review Avenue Complex, a multistory urban industrial facility in Long… Read more
Due Madri to Open Italian Fare Kiosk at 535 Madison
Park Tower Group has announced the addition of a second location for the Due Madri eatery at its 535 Madison… Read more
REĀL Rumba NYC Hosts Inaugural Networking Event
REĀL Rumba NYC held its inaugural networking event on April 30th at Wells Fargo’s office at 30 Hudson Yards, featuring… Read more
Creation & JP Morgan Sell Long Island Distribution Center for $44M
Creation and JP Morgan Asset Management have sold Baylis 495 Business Park, a 103,500-square-foot Class-A distribution center in Melville, to… Read more
Can Legislators Step In Against Institutional Home Buyers?
Institutional investors first stepped in to buy single-family homes after the Great Financial Crisis. Plenty of foreclosed and empty homes… Read more
IMAGINARI Immersive Gallery Opens in Hudson Square
Hudson Square Properties (HSP), a joint venture of Trinity Church Wall Street (Trinity), Norges Bank Investment Management, and Hines, has… Read more
Governor Hochul Plans $40M to Combat Organized Retail Theft
Governor Kathy Hochul announced plans to combat organized retail theft in New York State, including allocating $40 million to help… Read more
Carlyle Group Acquires Four Self-Storage Properties for $110M
Private equity firm The Carlyle Group has expanded its real estate portfolio with the acquisition of four self-storage facilities in the outer… Read more
M&M Brokers $9M Sale of BK Bank of America Property
Marcus & Millichap has closed the sale of a 6,250-square-foot Bank of America property in Brooklyn’s Clinton Hill neighborhood for… Read more
Wellness Brand WTHN Signs Third NYC Location on UWS
Brand Urban, a retail real estate brokerage, facilitated WTHN’s lease for a new 3,700-square-foot location at 69 West 71st Street… Read more
Walker & Dunlop Closes $155M Refi for Lexington Hotel
Walker & Dunlop, Inc. has arranged a $155 million refinancing deal for The Lexington Hotel, a historic landmark in Midtown.… Read more