New York
PX4 Development Buys 13-Acre Site for $7M
PX4 Development has secured a $7 million acquisition financing for a 13-acre land site located at 215-263 Carleton Ave. in… Read more
Veteran Broker Chris Brodhead Joins Ariel Property Advisors
Christoffer Brodhead, an experienced investment sales professional, has joined Ariel Property Advisors as a partner and managing director in the… Read more
Manhattan Office Leasing Drops 33% YTD
Manhattan’s office market showed cautious leasing activity in Q3 2023, with 4.30 million square feet leased, below the five-year average… Read more
Springbone Kitchen to Open in Midtown
Springbone Kitchen, known for its bone broth and healthy fast-casual options, is opening a new outpost at 1155 Avenue of… Read more
Law Firm Expands Lease at 605 Third Avenue
Fisher Brothers has finalized a 15-year lease expansion with Katsky Korins LLP, a New York law firm, in Midtown. The… Read more
Avery Hall’s JV Lands $73M for Gowanus MF Development
Brooklyn developer Avery Hall and its joint venture partners, Declaration Partners and Bridge Investment Group have secured $72.5 million in… Read more
JLL Value and Risk Advisory Adds Bart Sobieralski
JLL’s Value and Risk Advisory platform has hired Bart Sobieralski as a vice president in the firm’s New York office.… Read more
ReadySpaces Inks 110K-SF Building at Mount Vernon
ReadySpaces, a provider of flexible warehouse space for small and mid-sized businesses, has signed a long-term lease for the entire… Read more
Tiger’s New Golf Concept to Open Soon in Palm Beach Gardens
Tiger Woods and Rory McIlroy are teaming up on a virtual golf venue in Palm Beach Gardens, adjacent to Palm… Read more
Prologis’ Suzanne Fallender on the Link Between Industrial, ESG and Tech
Although sustainable commercial real estate development may have the highest profile in the form of LEED Platinum-certified office towers, leading… Read more
Nominate a Standout Attorney for Connect CRE’s 2023 Lawyers in Real Estate Awards
For the fourth year in a row, Connect CRE has opened nominations for our annual Lawyers in Real Estate Awards.… Read more
NY-Based Investor Pays $82M for Charlotte Industrial Site
New York-based LM Real Estate Partners acquired Logistics Pointe Distribution Center in Charlotte. The Charlotte Business Journal reports the buyer… Read more
ESRT Buys Two Williamsburg Properties for $26M
Empire State Realty Trust (ESRT) has acquired two adjacent properties at the northeast corner of North 6th Street and Wythe… Read more
New Yorkers Sign Fewer New Development Contracts in Q3
In Manhattan, 241 new development contracts were signed in Q3 2023, down 40 percent from Q2 2023 and down 30… Read more
Ceruzzi Properties Sells Stop & Shop at Somers
Ceruzzi Properties has sold the Stop & Shop at Somers Commons in Somers, NY to an unidentified institutional investor. The… Read more
NY Rent Law Challenge Rejected by Supreme Court
The U.S. Supreme Court has declined to hear a legal challenge to New York’s Rent Stabilization Law filed by the… Read more
Target to Close Two Seattle Stores Amid Retail Crime, Safety Concerns
Two Seattle Target stores are part of the recently announced move by the big box store to close nine stores… Read more
Former Avalon Hotel in NoMad Markets for Sale
The former Avalon Hotel in NoMad is listed for sale. The property, located at 16 East 32nd Street between Fifth… Read more