New York
Upper Manhattan MXU’s Set for Bankruptcy Sales
Hilco Real Estate, LLC, has announced the bid deadlines for the Chapter 11 bankruptcy sales of two mixed-use developments in… Read more
BFC Launches Staten Island Affordable Housing Lottery
BFC Partners has announced the housing lottery launch for 475 Bay Street, an affordable housing project on Staten Island. The… Read more
Selfhelp Signs 46K-SF HQ in Midtown
Selfhelp Community Services has signed a new headquarters lease for 45,689 square feet at 1180 Avenue of the Americas in… Read more
Harbor Custom Development Plans to Liquidate
Harbor Custom Development, Inc., a Tacoma-based commercial real estate developer, announced its plan to continue to wind down operations and… Read more
San Francisco Rebounds with Tech Revival
Scores of tech investors and executives migrated from the Bay Area during the pandemic, criticizing San Francisco for its allegedly… Read more
Queens MF Property Sold for $9M
Marcus & Millichap arranged the sale of a 34,000-square-foot multifamily property in Queens, New York, for $9 million. The transaction… Read more
Five Below to Open in Bronx
Olshan Properties announced the opening of a new Five Below store in Parkchester, Bronx, NY. The store, located at 1451… Read more
Avra to Open 20K-SF Restaurant Above Penn Station
Vornado announced that The Avra Group will open Avra Estiatorio, a Mediterranean restaurant, in THE PENN DISTRICT above Penn Station.… Read more
1180 Avenue of the Americas Adds 68K-SF Lease
1180 Avenue of the Americas in Midtown has added two new long-term leases. SelfHelp Community Services, a nonprofit serving older… Read more
Regeneron Buys Avon R&D Facility in Suffern
Regeneron Pharmaceuticals has acquired Avon Innovation Center, a 235,000-square-foot research and development property in Suffern, NY, from Avon. The sale… Read more
MBS Group Inks 300K-SF Warehouse in Queens
MBS Group, known as Manhattan Beach Studios, leased a 300,000-square-foot warehouse in Glendale, Queens, for film equipment storage. The… Read more
Merchants Capital Provides $348M to Rehabilitate 87 BK Properties
Merchants Capital provided a $348 million Mortgage-Backed Securities (MBS) loan from Fannie Mae to support the rehabilitation of NYCHA’s Reid… Read more
Ad Agency Incubeta Signs New Midtown Lease
Incubeta US Corp. signed a five-year lease for 2,133 square feet at 200 Varick Street in Hudson Square. Incubeta is… Read more
Brause Realty, Lonicera Land $75M for Midtown Apt Building
Brause Realty Inc. and Lonicera Partners LLC have secured a $75 million construction financing deal for 255 East 39th Street,… Read more
Marriott International to Acquire Sheraton Grand Chicago for $500M
New York-based Tishman Realty has exercised its option to sell the 1,218-room Sheraton Grand Chicago to Marriott International for $500… Read more
Dimension Inks 11K-SF Midtown Office
The Durst Organization announced that Dimension Renewable Energy will lease the entire 18th floor, 11,054 square feet, at 825 Third… Read more
Doe Fund to Build 109-Unit Bronx Affordable Housing
The Doe Fund has secured construction financing for a new 109-unit affordable and supportive housing residence in the Bronx, located… Read more
Feds Weigh Greater Scrutiny of Regional Banks with High CRE Exposure
Twenty-two regional banks across the U.S. had portfolios of commercial real estate loans in late 2023 that federal regulators indicated… Read more
