New York
Affinius Capital Provides $110M in Construction Financing for Brooklyn Multifamily Project
Gindi Capital and Avery Hall have secured $110 million in construction financing from Affinius Capital to develop a 13-story, 193-unit… Read more
Lendlease, McHugh Employees Celebrate Construction Safety Week
Lendlease and McHugh Construction joined contractors across the country May 1-5 in celebrating Construction Safety Week and participating in OSHA’s… Read more
NYC Continues to Top List of U.S. Cities with Highest Taxes
The latest ranking of U.S. office assets with the highest property taxes shows that, as expected, New York City dominates… Read more
BOMA New York Energy Action Day: Green Future for Built Environment
BOMA New York recently held its annual Energy Action Day event to discuss the city’s post-Local Law 97 built environment.… Read more
Sluggish Leasing Quarter in Lower Manhattan
Lower Manhattan’s commercial leasing market in the first quarter of 2023 saw a decline in leasing activity, mirroring the same… Read more
Aanika Biosciences Expands Footprint at Industry City
Aanika Biosciences, a biotech firm focused on the global food chain, is expanding its footprint from 2,500 to more than… Read more
Goldman Sachs Chooses Hillwood Urban for Dallas Hub
Goldman Sachs has chosen Hillwood Urban as the developer of the financial services company’s new $500 million, 800,000-square-foot regional hub in Dallas. The… Read more
Brooklyn Racks Over $1B Commercial Sales in First Quarter
TerraCRG, a commercial real estate brokerage firm in Brooklyn, has released its Q1 2023 Brooklyn Market Report, which analyzes the… Read more
Fisher Brothers Senior Partner Steven Fisher Dies at 63
Steven Fisher, the senior partner at commercial management and ownership firm Fisher Brothers, passed away on Monday at the age… Read more
American Lions Secures $350M for Mixed-Use Community in LIC
American Lions, a joint venture between Fetner Properties and the Lions Group, has secured a $350 million construction financing of… Read more
Arden Group Tops Out New Mixed-Use Property in Inwood
Arden Group, a US real estate fund manager, has announced the topping out of 4650 Broadway, a mixed-use building in… Read more
New Yorkers Could Face Up to 7% Rent Increase After Oct 1st
The Rent Guidelines Board in New York City has approved a maximum rent increase of between 2% and 5% on… Read more
The Durst Organization Opens 163 Affordable Apartments in Astoria
The Durst Organization has opened a 100% affordable housing building in Astoria, Queens, as part of a partnership with the… Read more
Gard North America Renews Long-Term Lease in Financial District
Gard North America, an insurer in the maritime industry, has renewed its lease for the entire 16th floor at 40… Read more
New Private Equity Firm Signs Sublease in Meatpacking District
Springcoast Capital Partners, a private growth equity firm, has signed a sublease for 4,743 square feet of space at 860… Read more
The Brodsky Organization Secures $150M for Brooklyn Multifamily Rental Building
The Brodsky Organization has secured a $155 million construction loan for a residential, mixed-use development in Gowanus, Brooklyn. M&T Bank… Read more
Spaxel and Atalaya Capital Management Secure $82M for Bronx Multifamily Properties
Spaxel LLC and Atalaya Capital Management have secured $50.8 million in financing and $30.9 million in LP equity for the… Read more
Colliers: Manhattan Office Leasing Volume Continues to Drop in April
In April, the leasing volume in Manhattan decreased by 7.7% from the prior month and 43.9% from the previous year,… Read more
Guggenheim Partners Poised to Quit Chicago, NYC for Miami
Following the lead of Citadel, another pillar of Chicago’s financial community is headed toward the exits, Crain’s Chicago Business reported.… Read more