New York
DurstReady Space on Third Avenue Adds Three Leases
The Durst Organization has secured three new leases in its Third Avenue portfolio, totaling 9,387 square feet, under its DurstReady… Read more
NYC MF Sales Totals $1.44B in Q1, 23% Increase YoY
New York City’s multifamily real estate market experienced a strong start in the first quarter of 2024, recording $1.44 billion… Read more
Gantry’s Thomas F. Grzebinski II to Serve on NY State Board of Real Estate
Thomas F. Grzebinski II, senior director of Gantry, has been appointed to the New York State Board of Real Estate.… Read more
WeWork to Shrink Dumbo Space at Kushner, RFR Building
WeWork has finalized an agreement with Kushner Companies and RFR to maintain three floors at 77 Sands St. in Dumbo… Read more
Colliers Adds EVP for Hospitality Practice Group
Colliers has appointed Bradley Burwell as executive vice president in its Hospitality Practice Group within U.S. Capital Markets. Burwell, who brings over $7 billion… Read more
Queens Office Over Retail Property Sold for $7M
Marcus & Millichap recently facilitated the sale of a 12,320-square-foot mixed-use property in Queens, New York, for $7.15 million. Anthony… Read more
IT Firm Ahead Expands Midtown Office to 16K SF
An IT solutions provider, Ahead, has expanded its offices at 500 Fifth Avenue in Midtown, adding 10,238 square feet to… Read more
Mayor Adams Releases $112B Budget for Fiscal Year ’25
New York City Mayor Eric Adams has proposed a $111.6 billion budget for fiscal year 2025, focusing on public safety,… Read more
JLL Arranges $27M Refi of BK Resi Portfolio
JLL Capital Markets has arranged $27.7 million in financing to recapitalize a mixed-use residential and retail property portfolio in Brooklyn.… Read more
ASG Unloads Third Design District Property
ASG Equities finalized the sale of 70-74 NE 40th Street, the last of a three-building retail portfolio within Miami’s famed… Read more
Fifth Wall Names Jeremy Fox, G.M. Nicholas Vik Co-Presidents
Fifth Wall, an asset manager based in New York, has appointed Jeremy Fox and G.M. Nicholas “Magnus” Vik as Co-Presidents,… Read more
ZD Jasper Buys LIC Waterfront Development Site for $47M
JLL Capital Markets recently completed the $47 million sale of 45-40 Vernon Boulevard, a development site with an approved concept… Read more
Madison Realty Capital Hires Samir Tejpaul to Lead Capital Markets
Madison Realty Capital has appointed Samir Tejpaul as managing director and head of Capital Markets, effective April 1, 2024. In his… Read more
Pembrook Funds Approaching $2B in Workforce Housing Loans
Pembrook Capital Management LLC, a national affordable and workforce housing lender based in New York, has originated or participated in… Read more
Menswear Designer Todd Snyder Inks New UES Space
RIPCO Real Estate and the Naftali Group have arranged a lease agreement for luxury menswear designer Todd Snyder at The… Read more
Vuori Opens Third NYC Location at 120 Fifth Avenue
The Bromley Companies announced that global performance apparel retailer Vuori will open its third New York City location at 120… Read more
Dollar Volume of Manhattan MF Deals Drops 38.5% in Q1
In the first quarter of 2024, the multifamily market in New York City saw a total dollar volume of $883… Read more
Industrious Doubles Footprint Near Union Square
Industrious, a provider of coworking spaces, has expanded its presence at 860 Broadway in the Flatiron neighborhood near Union Square.… Read more