New York
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
Blue Suede Hospitably Buys Charlottesville Quirk Hotel for $24M
Cushman & Wakefield has facilitated the acquisition of Quirk Hotel in Charlottesville, Virginia, by Blue Suede Hospitality. Blue Suede, a… Read more
Naftali Group Unveils 3.75-Acre Development Williamsburg Wharf
Naftali Group and Access Industries have unveiled Williamsburg Wharf, a 3.75-acre development and resort-style destination on Williamsburg’s East River shoreline.… Read more
GDSNY, Sabal Provide $34M Loan for Downtown Office
GDS Brightstar has closed a $34.25 million loan for 76 Eighth Avenue, an 11-story, 40,000-square-foot boutique office building in the… Read more
Using Lease Guarantees to Mitigate Multifamily Developers’ Risks
TheGuarantors is a leading provider of risk mitigation solutions for multifamily owners and operators. Its product suite—lease guarantees, security deposit… Read more
NYC Plans New Law to Prevent Building Collapses
The New York City Council is considering a new building safety law in response to the partial collapse of 1915 Billingsley Terrace… Read more
Manhattan Records $2.2B Property Sales in Q1
The Manhattan investment sales market had a strong start in 2024, with 50 transactions totaling $2.2 billion in the first… Read more