New York
Japanese Coffee Company Buys 560 Fifth Ave for $38M
Japanese coffee company Geshary has acquired 560 Fifth Avenue from Riese Organization for $38 million. At nearly $2,800 per square… Read more
Bradford Allen Adds Exec to Spearhead NY Practice
Chicago-based brokerage firm Bradford Allen has added Gordon Ogden as executive managing director, spearheading the firm’s tenant representation practice in New York. … Read more
Madewell Inks New Lease at Williamsburg
Madewell, an apparel company, has signed a lease at 109 North Sixth Street in Williamsburg, Brooklyn., to occupy more than… Read more
120 Broadway Adds Multiple Leases Totaling 50K SF
Silverstein Properties has announced multiple new leases at 120 Broadway in the Financial District. Studio Gang plans to occupy half… Read more
Baccarat to Move Office to 545 Madison with 10K-SF Lease
Marx Realty has announced that Baccarat will relocate its corporate offices to a 10,000-square-foot penthouse and mezzanine space – including a… Read more
Vuori Opens Second Location in UES
Vuori, an athletic apparel brand, has secured a retail space at 1153 Madison Avenue in the Upper East Side. The… Read more
Slate, RiseBoro Buy Former JFK Airport Hotel for $64M
Slate Property Group, in partnership with RiseBoro Community Partnership, has acquired the former JFK Hilton Hotel in South Jamaica, Queens… Read more
Vaco Inks New Lease at The Graybar Building in Midtown
Vaco has secured a 10-year lease with SL Green Realty for a 6,606-square-foot space on the 16th floor of 420… Read more
97-Unit Harlem MF Development Breaks Ground
The Davis Companies recently broke ground on a luxury rental building at 1975 Madison Avenue in Central Harlem, NY. … Read more
CPC and Related Take Stake in Signature Bank Rent-Regulated Loans
The FDIC said Friday it had awarded a 5% equity interest in $5.8 billion of Signature Bank multifamily loans in… Read more
Examining Current and Future R&D/Lab Space Trends
Life sciences/research and development real estate experienced a reset in 2023, according to JLL. Still, demand will likely rebound in… Read more
Cities and Their Extreme Weather Responses
Anyone paying attention to the news or even looking out their window knows that extreme weather events are becoming the… Read more
Blackstone Affiliate Wins Bid for Signature Bank CRE Loans
(Updated with additional information) The Federal Deposit Insurance Corporation, as receiver of the failed Signature Bridge Bank, N.A. (FDIC–Receiver), said… Read more
CORFAC International Adds New Affiliate Firms to Company’s Network
CORFAC International, a global network for independently owned commercial real estate firms, saw membership grow by nine firms in 2023,… Read more
EJS Group, Hope Street Capital Secure $108M for BK Resi Project
EJS Group and Hope Street Capital have secured a $108.15 million construction financing package for their residential project at 12… Read more
Former NYC Playboy Club Sets for Auction
Hugh Hefner’s Former New York Playboy Club in the Plaza District will be sold at a foreclosure auction on January… Read more
West Village Townhouse Lands $12M Refi
Northmarq recently arranged a $12.3 million refinance for a three-story townhouse at 52 Charles St in West Village. The property,… Read more
Port Chester Retail Center Adds Two Tenants
Simone Development Companies has leased all available space at the Post Road Plaza in Port Chester, NY, securing two new… Read more
Fintech Valon Technologies to Move to Midtown South
Valon Technologies, a private equity-backed fintech company, has secured a full-floor office space spanning 13,815 square feet at 860 Broadway… Read more