New York
Mindspace Opens First NYC Location at 25 Kent
Global flexible workspace provider Mindspace has opened its first New York location at 25 Kent, a mixed-use office, retail and light manufacturing… Read more
JLL Tapped to Find 200K-SF Manhattan Site for NY Auto Museum
JLL has been retained by the New York Auto Museum (NYAM) initiative to open a 200,000-square-foot, centrally located museum and entertainment… Read more
Thorofare Capital Provides $52M Refi for Atlanta Multifamily Tower
Thorofare Capital, Inc. has provided a $52,150,000 loan to McKinley Homes for the refinancing and lease-up of 142 units within… Read more
REBNY: Mid-Week Office Visits Now at 73% of Pre-Pandemic Levels
Mid-week employee workplace visits in Manhattan office buildings have reached an average of 73% of their comparable levels in 2019,… Read more
SAGA Hospitality Makes Midtown South Debut at 360 Park Ave. South
SAGA Hospitality Group has signed a lease to open a new restaurant at BXP’s 360 Park Ave. South. The restaurant… Read more
Guardian Life Subsidiary Signs Full-Floor Lease with Moinian Group
The Moinian Group completed a long-term, full-floor lease at 535 Fifth Ave., its office and retail property in Midtown, with Forest Hills Financial Group,… Read more
Retail, Office Lead as CMBS Delinquencies Rise for Second Month
The U.S. CMBS delinquency rate rose six basis points to 1.91% for a second consecutive month in June from 1.85% in May,… Read more
Newmark to Manage Leasing at Extell’s Upper East Side MOB
Newmark has been named the exclusive leasing agent for Extell Development Company’s ground-up medical office property at 1520 First Ave.… Read more
CIT Lends $42M on Pre-Leased Yonkers Studio Project
First Citizens Bank’s Real Estate Finance business, a division of CIT, provided $42.2 million in financing to a joint venture between National Resources and… Read more
Wavecrest Management Lands $31M Refi for Brooklyn Affordable Community
Wavecrest Management has secured a $31.7 million loan from the U.S. Department of Housing and Urban Development/Federal Housing Administration to… Read more
Sephora, Pandora to Open in Harlem
A joint venture consisting of The Prusik Group, BRP Companies, L+M Development Partners, Goldman Sachs Urban Investment Group, and Taconic… Read more
Turtle Bay Apartments Sold for $5M
A 6-unit apartment property in Turtle Bay was sold for $5 million. Located at 975 2nd Ave, the property falls… Read more
Bromley Companies Completes 122 Fifth Avenue Redevelopment
Bromley Companies has completed the redevelopment of 122 Fifth Avenue, an 11-story mixed-use project in Union Square. The project involved… Read more
Kaufman Investments Acquires 875 Avenue of the Americas for $93M
Kaufman Investments, a division of The Kaufman Organization, has acquired 875 Avenue of the Americas, a 26-story office building in… Read more
ATCO Properties & Management Completes Six Renewals Totaling 30K-SF
ATCO Properties & Management has secured lease renewals totaling 29,668 square feet across three Midtown properties in New York City.… Read more
Slate Property Group Secures $85M Refi for LIC MF Property
Slate Property Group has closed an $85 million refinancing deal for Dutch House, a 186-unit multifamily property in Long Island… Read more
Industry City Appoints Amanda Braddock Director of Events
Amanda Braddock has been appointed as the new director of events for Industry City, a 35-acre mixed-use complex in Sunset… Read more
Lockton Re Inks 19K-SF Lease at 261 Fifth Avenue
The Feil Organization has signed a 10-year lease with reinsurance firm Lockton Re for a 19,326-square-foot space at 261 Fifth… Read more
Wavecrest Buys Bronx Belmont-Venezia Apartments for $28M
Wavecrest Equities has acquired a portfolio of five buildings in the Little Italy neighborhood of the Bronx for $28 million.… Read more