New York
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
The Goldie Initiative Expands Mentorship, Scholarship Program
The Goldie Initiative has expanded its mentorship and scholarship program in the U.S. Northeast region. The Chicago-based organization kicked off… Read more
JLL Arranges $395M for 70 Pine St. in Fidi
JLL has arranged a $395 million refinancing for 70 Pine Street, a mixed-use property in the Financial District. The 66-story… Read more
Mickey Barreto Indicted for New Yorker Hotel Scheme
Mickey Barreto of Mickey Barreto Missions has been indicted for allegedly trying to fraudulently transfer ownership of New York City’s… Read more
Plans for Largest Undeveloped Plot in Manhattan
Bjarke Ingels Group (BIG) has revealed new renderings for a massive mixed-use development at Freedom Plaza, located on the border… Read more
Goldie Initiative Expands to Northeast Region
The Goldie Initiative has expanded its mentorship and scholarship program to the U.S. Northeast region. The initiative, aimed at preparing… Read more
Marx Realty Repositions Chinatown Office Building
Marx Realty has completed the transformation of 819 7th St. NW in Washington, D.C., now called The Grogan. The 21,000-square-foot… Read more
Chicago-Based Deskpass and Industrious’ Breather to Merge
Two of the largest flexible workspace companies have announced plans to merge, as WeWork’s competitors continue to pursue opportunities in… Read more
AIMCo Opens Office in New York
The Alberta Investment Management Corporation (AIMCo) has expanded its global presence with a new office in New York, bringing its… Read more