New York
CMBS Special Servicing Posts Modest Uptick in November
The Trepp CMBS Special Servicing Rate increased by four basis points in November, rising to 6.84%, the analytics firm reported.… Read more
Noble Buys Discounted Nashville Hotel
Noble Investment Group bought the Holiday Inn Express hotel in Nashville for $81.76 million; a significant loss for the seller,… Read more
Largest Single-Story Warehouse in NYC Available for Lease
Cushman & Wakefield has taken on the exclusive lease marketing of 1340 Viele Avenue, a 290,000-square-foot warehouse in the Bronx… Read more
Washington Heights MF Property Sold for $6M
A five-story multifamily building apartment in Washington Heights has been sold for $6 million. Located at 35 Thayer St, the… Read more
Hutchinson Metro Center Adds 10K-SF New Leases in the Bronx
Simone Development Companies has signed two new long-term leases totaling 10,300 square feet of medical and office space at the… Read more
SAJ Signs Lease with Calvary Baptist Church to Share UWS Synagogue
SAJ, a synagogue on the Upper West Side, has signed a 2.25-year lease agreement with Calvary Baptist Church. The collaboration… Read more
LIC’s Rental Building Sven Adds New Retailers
The Durst Organization has unveiled new additions to Long Island City’s Sven, a 71-story residential building. Pueblo Querido Coffee Roasters… Read more
Newmark Secures Three Retail Tenants in Midtown
Newmark Retail has sealed three retail leases at 366 Fifth Avenue. Nature Republic, a South Korean natural beauty brand, secures… Read more
NYC’s Largest Office-to-Resi Conversion Launches Leasing
Vanbarton Group unveils Pearl House in NYC’s Seaport district, the city’s largest office-to-residential conversion with an acre of private amenities… Read more
Westchester MF Property Lands $93M Refi
A joint venture between Alexander Development Group, The Bluestone Organization, and JP Morgan Asset Management-advised investors has secured a $93… Read more
Citadel, Vornado, Rudin to Buy St. Patrick Cathedral’s Air Rights for $164M
Griffin’s Citadel and Vornado Realty Trust, in collaboration with Rudin Management, are acquiring up to 525,000 square feet of air… Read more
Jamestown Tops Out $500M Times Square Redevelopment
Jamestown has topped out One Times Square, the home to the iconic New Year’s Eve Ball Drop. The $500 million… Read more
CBRE Arranges Over 275K-SF Office Leases in Plaza District
CBRE recently finalized five new office leases totaling 103,566 square feet at 40 West 57th Street in the Plaza District. … Read more
Safe Horizon Inks 20K-SF Lease in Brooklyn
Safe Horizond has signed a 20,000-square-foot lease at Brooklyn’s Pioneer Building. As the largest victim services nonprofit in the U.S.,… Read more
Williamsburg Mixed-Use Development Lands $28M
The Hudson Companies recently finalized a $28.3 million capital restructuring for House No. 94, a mixed-income, mixed-use residence in North… Read more
Rehabilitated Mixed-Use Buffalo Building Opens
Frizlen Group and BRD Construction have opened the doors to the Barcalo Buffalo Living & Commerce. The project converted a… Read more
iBorrow Closes Refi of Four-State Industrial Portfolio
Los Angeles-based iBorrow closed a $46.58-million refinancing of a 2,166,600-square-foot, six-property industrial portfolio owned by an institutional fund with more… Read more
Harlem Resi Tower Secures $100M Refi
Carthage Real Estate Advisors has secured $100 million bridge financing through Dwight Mortgage Trust to refinance West Harlem’s 224 W… Read more