New York
TV Station NTD Buys Chelsea Office Building for $31M
Epoch Media’s TV arm, New Tang Dynasty (NTD), bought 129 West 29th Street in Chelsea for $31 million from Samson… Read more
Everest Group Signs 66K-SF Midtown Office with Durst
Everest Group, a global underwriting provider for property, casualty, and specialty reinsurance and insurance solutions, will relocate its NYC offices… Read more
Nick Berger Joins The Moinian Group to Lead Leasing
The Moinian Group has appointed Nick Berger as director of Commercial Leasing. Berger will oversee the leasing department’s operations, focusing… Read more
Northmarq Delivers $51M Refi of 1920s-Vintage Portfolio
SVP and managing director Zalmi Klyne of Northmarq’s Los Angeles Debt + Equity team secured the $50.75-million refinance of a 10-property portfolio in the… Read more
Creation, JP Morgan to Develop Newark Airport Industrial Project
Creation, a commercial real estate developer, in collaboration with JP Morgan Asset Management, is commencing site work on McClellan One,… Read more
Marcus & Millichap Sells Chelsea MF Property for $8M
TARGO Capital Partners has acquired a 10-unit multifamily property located at 321 W 16th St. in Chelsea for $8.1 million… Read more
Mayor Adams Proposes New Zoning Changes
New York City officials, led by Mayor Eric Adams, have proposed zoning changes aimed at addressing the housing crisis by… Read more
CBRE IM Appoints New Head of Client Solutions
Scott Silverberg has joined CBRE Investment Management as Americas Head of Client Solutions in New York. He’ll lead the Americas-based… Read more
Ariel Forms Strategic Partnership with GREA
Shimon Shkury, president and founder of Ariel Property Advisors, has announced a strategic partnership between Ariel Property Advisors and GREA… Read more
Todd Korren Joins Lee & Associates NYC as Principal
Lee & Associates NYC has appointed Todd Korren as its principal, executive managing director, and director of Leasing, overseeing brokerage… Read more
Interactive Brokers Expands Midtown Office Lease to 22K SF
Interactive Brokers Group, Inc. is expanding its office space to 22,916 square feet at 1133 Avenue of the Americas in… Read more
SL Green Inks Three New Leases at 461 Fifth Avenue
SL Green Realty Corp. has achieved full occupancy at 461 Fifth Avenue in Midtown with the signing of three new… Read more
L&L Holding Secures $911M Refi for 425 Park in Midtown
L&L Holding Company has secured a $911 million refinancing deal for its 425 Park Avenue tower in Midtown. Sumitomo Mitsui… Read more
Trophy Office Development: Yes or No?
In the April 10, 2024 Walker Webcast, Walker & Dunlop’s Willy Walker and noted economist Peter Linneman discussed the office… Read more
NYC MF Foundation Plan Filings Fall in March
The Real Estate Board of New York (REBNY) has published its March 2024 Multi-Family Foundation Plan Application Report, shedding light… Read more
IUV in East New York Secures $270M in Construction Financing
Gotham Organization, in collaboration with Monadnock Development, Christian Cultural Center (CCC), and city and state authorities, has finalized a $270… Read more
Convene Expands 23K-SF Midtown Office
Convene has expanded its Midtown presence with the addition of the entire sixth floor at 360 Madison Avenue, growing its… Read more
Williams Equities Lands $155M Refi for Downtown Mixed-Use Complex
Williams Equities has secured a $155 million CMBS loan from Citi Real Estate Funding Inc. for their property at 28-40… Read more