New York
Bronx $1B Affordable Housing Breaks Ground
Elected officials and community leaders joined Camber Property Group to break ground on Phase 1 of the $1 billion Stevenson… Read more
Manhattan Feb Office Leasing Increases 76% YoY
In February 2024, Manhattan’s office leasing volume reached 2.30 million square feet, a 2.1% increase from January and a significant… Read more
Fried Frank Relocates Midtown Conference Center
Fried Frank has moved into its new Midtown Conference Center at 535 Madison Avenue, a Class A office tower in… Read more
BWE Lands $32M for Two Shopping Centers
BWE, a national commercial and multifamily mortgage banking company, has secured financing for two retail centers: Morganton Park South Phase… Read more
Washington Heights Mixed-Use Building Sold for $5M
A rent-stabilized, five-story, walk-up building in Washington Heights has been sold for $5 million. The building at 560-562 West 175th… Read more
SPORTIME to Open 30K-SF Pickleball Facility in Long Island
SPORTIME Pickleball has leased a new pickleball facility in Westbury, New York. Set to open in Fall 2024, the complex… Read more
Report: HSTPA Has Disastrous Effects on NYC
A new survey commissioned by the Real Estate Board of New York (REBNY) and the Rent Stabilization Association of NYC… Read more
W&D Secures $103M Refi for Casa Cipriani
Walker & Dunlop, Inc., Capital Markets arranged a $103 million CMBS loan with Citigroup, JP Morgan, and Argentic for refinancing… Read more
Report: Data Center Demand Remains Strong, Limited Supply Mutes Absorption
Data isn’t going away anytime soon. To that end, data centers are becoming more prevalent and necessary to society. JLL’s… Read more
Strong Job Market Boosts Prospects for Multifamily Rent Growth
A strong jobs market has boosted Yardi Matrix’s forecast of apartment rent growth in 2024. The analytics firm reported Thursday… Read more
Savanna Launches CRE Restructuring Platform
Savanna, a New York City-based, vertically-integrated real estate investment manager, owner/operator and developer, has launched Savanna Advisory Services (SAS). The… Read more
Meridian Arranges $9M Washington Heights MF Properties Sale
Meridian recently closed the sale of two blockfront properties in Washington Heights, located at 61-69 and 71-79 Wadsworth Avenue, between… Read more
Slate, LibreMax Provide $60M Loan for Astoria Condo
Slate Property Group, in partnership with LibreMax Capital, has provided Ming’s Garden Realty LLC with a $60.25 million bridge loan… Read more
FLY E-BIKE Inks Distribution Center in Queens
The Davis Companies announced FLY E-BIKE as the newest tenant at the Pearl Building in Queens, NY. The 157,000-square-foot industrial… Read more
Ex-Silverstein CEO Marty Burger Starts New Firm
Marty Burger has launched Infinity Global Real Estate Partners, a company focusing on real estate development, acquisitions, financing, and fund… Read more
MoneyLion Sublease 35K SF in Chelsea
CBRE recently finalized a sublease deal at 245-249 West 17th Street in Chelsea, with MoneyLion Inc. securing the entire fourth… Read more
Kilpatrick Townsend & Stockton Relocates to 3 Times Square
Rudin has finalized a lease with Kilpatrick Townsend & Stockton LLP for their relocation to 3 Times Square in Midtown.… Read more
NYCEDC Seeks Anchor Tenant for Life Sciences Center at SPARC Kips Bay
The New York City Economic Development Corporation (NYCEDC) has announced a request for expressions of interest (RFEI) for a world-class… Read more