New York
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
A Back-to-Office Boost? Kind Of
Back-to-work mandates are becoming more commonplace, especially with COVID (more or less) receding in the rear-view mirror. But do these… Read more
Report: Post-Pandemic Behavior Will Continue to Impact Cities’ CRE
A McKinsey report suggests that demand for urban core office and retail space will continue to decrease in the coming… Read more
Bayport Funding Provides $6M Bridge Loan for Astoria MF Development
Bayport Funding has provided a $6.15 million bridge loan for the ground-up construction of 1435 Broadway in Astoria, Queens. The… Read more
Parisian Hospitality Group Signs New Flatiron Lease
Hospitality operator Compagnie des Vins Surnaturels has signed a new lease at 6 West 24th Street in the Flatiron neighborhood.… Read more
Howard Hughes Taps JLL for Seaport Retail Agent
JLL has been chosen as the exclusive retail agent for Seaport in Lower Manhattan by The Howard Hughes Corporation. … Read more
Raising Cane Inks Three Floor Lease in Flushing
Raising Cane has leased 4,518 square feet at 39-20 Main Street in Flushing. The fast-food restaurant will occupy the ground,… Read more
Avison Young Arranges Sale of Single Tenant Warehouse Portfolio
Avison Young arranged the sale of a portfolio of 16 warehouse buildings on behalf of LCN Capital Partners for $38.5… Read more
CBRE: Manhattan Retail Rents Rise for Fourth Consecutive Quarter
New York City’s retail market is seeing signs of improvement, with increased average asking rents and a higher taking rent… Read more
New Empire Corp, ODA Break Ground on New LIC Residential Building
New Empire Corp, in partnership with ODA, have broke ground on a new residential project at 24-01 Queens Plaza North… Read more