New York
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
Apartments in Ravenswood Sell for $4M
Interra Senior Managing Partner Joe Smazal represented the buyer, ICM Properties, a local real estate investor. Smazal also represented the… Read more
Hell’s Kitchen Mixed-Income Dev Secures $125M Financing
Douglaston Development and the Entertainment Community Fund have secured construction financing for Rialto West, a 158-unit affordable housing project in… Read more
Moinian Group, Bushburg Launch BK Resi Development
The Moinian Group and Bushburg have launched leasing at the 320-unit residential component of the Empire State Dairy Company site… Read more
Chopt to Open at One Boerum Place in BK
Chopt, a fast-casual salad brand, has inked 2,148 square feet lease on the ground floor at One Boerum Place in… Read more
Broadstone Net Lease Plans Exit from Clinical Healthcare Sector
Broadstone Net Lease (BNL) said it decided to sell its clinically-oriented healthcare properties and had gone under contract for about… Read more
Gantry Secures $9M for East Village MF Acquisition
Gantry, a commercial mortgage banking firm, has arranged a $9 million permanent loan for the acquisition of a mixed-use property… Read more
ESRT Promotes Chiu to President, Horn to CFO
Empire State Realty Trust has announced key leadership changes, promoting Christina Chiu to president and elevating Stephen V. Horn to… Read more
Legal Tech Startup Litify Moves HQ to Midtown
Litify, a legal tech startup, has relocated its NYC headquarters from Brooklyn to Midtown, New York Business Journal reported. The three-year 5,700… Read more