New York
New-Build Harlem Apartments Sold for $19M
A 48-unit apartment property located at 2130 Adam Clayton Powell Jr Boulevard in Harlem was sold for $18.8 million. The… Read more
MediSys Buys Jamaica Office Property
In an acquisition exceeding $10 million, New York-based healthcare provider MediSys Health Network purchased a new 20,865 square feet, four-story… Read more
Big Apple Still Leads Coworking Scene
Manhattan remains at the forefront of the coworking scene, boasting 305 coworking spaces, indicating a 5% growth in Q2. According… Read more
Suffolk Appoints Aeran Doron VP of Operations, NY
Construction company Suffolk has appointed Aeran Doron as vice president of operations. In his role, Doron will lead his team… Read more
Bayport Funding Provides $4M for Queens Mixed-Use Development
Bayport Funding has provided a $4 million acquisition and construction loan to facilitate the development of a four-story mixed-use building… Read more
Long Island Industrial Landscape Remains Resilient in Q2
The latest Long Island Construction Report from Cushman & Wakefield reveals a flourishing development pipeline in the region’s industrial market, reflecting the… Read more
Cutting Edge Production Studio Planned for Pier 94
Vornado Realty Trust, Hudson Pacific Properties, and Blackstone, in partnership with the City of New York and New York City… Read more
BGO Rolls Out Network of Prebuilt Offices Across U.S. Portfolio
Global real estate investment management advisor BGO said Tuesday it had launched MIRO (Move-in Ready Offices) to provide small- and… Read more
Qatar Investment Authority Buys Park Lane Hotel for $623M
The Qatar Investment Authority (QIA) has acquired Park Lane Hotel in Midtown for approximately $623 million, as reported by Crain’s New… Read more
MCR/MORSE Development to Reopen the Gramercy Park Hotel
MCR/MORSE Development, the country’s third-largest hotel owner-operator, has acquired the Gramercy Park Hotel in Downtown. MORSE Development plans to restore… Read more
New Toys and Collectibles Store to Open in Times Square
Tamashii Nations, the Japanese collectibles brand under Bandai Namco’s umbrella, has signed a 1,324-square-foot retail space at 1500 Broadway in… Read more
66-Unit Bay Ridge Apartments Sold for $14M
A 66-unit apartment property in Brooklyn was sold for $13.5 million. The name of the buyer and seller were not… Read more
Wellness Concept Brand Inks New Lease With 25 Kent in Williamsburg
Rubenstein Partners’ 25 Kent, a mixed-use building in Williamsburg, Brooklyn, has signed a 10-year, 6,168-square-foot lease with Othership, a wellness… Read more
Coworking Vs. Office Prices in Boston – Coworking at 58% Discount
Coworking spaces are proving to be a more cost-effective option compared to traditional office leasing in 96% of the cities… Read more
Kimco to Acquire RPT in $2B All-Stock Deal
Shopping center REITs Kimco Realty and RPT Realty said Monday they had reached a definitive merger agreement under which RPT… Read more
PACT Partner Team to Perform $246M Capital Repairs for 1,500 Residents in the Bronx
The New York City Housing Authority is set to undertake $246 million in capital repairs for nearly 1,500 residents at… Read more
Duc Huang Buys Hells Kitchen Mixed-Use Building for $37M
Sol Kurtz and Rubin Schron of Cammeby’s International have sold a mixed-use building in Hell’s Kitchen for $36.5 million to… Read more
Brooklyn Nonprofit Lands $83M Contract to Offer Housing for New Yorkers with HIV/AIDS
The St. Nicks Alliance Corp., a nonprofit based in Brooklyn, has secured an $83.2 million contract from the city’s Department… Read more
Skyline Developers Breaks Ground on Midtown Rental Tower
Skyline Developers, led by the Wilf family, has initiated construction at 18 West 55th Street in Midtown. This project… Read more