New York
Arlo Hotels Opening First Midwest Location in Downtown Chicago
Arlo Hotels, a New York-based boutique hotel chain, is set to open its first Midwest location this week in the… Read more
JV Between Invesco and The Hampshire Secures $34.5M Financing for NJ Industrial Development
A joint venture between Invesco Real Estate and The Hampshire Companies has secured $34.5 million in construction financing through Texas… Read more
Sports Media Company Signs Office Lease in Manhattan’s Flatiron District
The Action Network, a sports media company, has signed a long-term lease with 61 West 23rd Street LLC for the… Read more
Barstool Sports Leases Space on Near West Side to Move Some Operations from NYC
Barstool Sports has leased most of a warehouse property just west of the Fulton Market District, where the media company… Read more
George Smith Partners Adds Managing Director, Associate to NYC Office
George Smith Partners (GSP), a leading commercial real estate capital markets advisor, has added Justin Piasecki as managing director and… Read more
Cushman & Wakefield, Meridian Capital Arrange $77M Financing for Upper Floors of Mercedes House
Cushman & Wakefield and Meridian Capital served as the exclusive advisors to Empire Capital Holdings and Namdar Realty Group in… Read more
Rosewood Closes $12M Sale of Flatbush Mixed-Use
Rosewood Realty Group has finalized the sale of a three-story Flatbush, Brooklyn mixed-use building with two market-rate residential apartments and three… Read more
Atkins, Denholtz Acquire 59-Acre Healthcare Facility in Chappaqua
Atkins Companies and Denholtz Properties have acquired the Medical Offices at Chappaqua Crossing, a 490,000-square-foot, 59-acre healthcare facility located at 480 Bedford Rd.… Read more
Piper Sandler Adds Two to Real Estate Investment Banking Team
Minneapolis-based Piper Sandler Companies has added Peter Fish and Mark Stierman as managing directors to its real estate investment banking team within the financial… Read more
Pricing on Manhattan Condos and Co-Ops Slips in Q1
Median sales prices for Manhattan co-ops and residential condominiums slipped year-over-year in 2023’s first quarter, reported Miller Samuel. This marked… Read more
Plaza Construction Nears Completion of Long-Stalled Financial District Resi Tower
Plaza Construction is completing work for 125 Greenwich St., an 88-floor residential tower located in Lower Manhattan’s Financial District. The… Read more
Security Firm Establishes NYC Office at 498 Seventh Ave.
George Comfort & Sons, Inc. has finalized a new long-term lease agreement with Securitas Security Services USA, Inc. at 498 Seventh Ave.,… Read more
Conversion of Illegal Hotel to SRO Lands $38M Financing
Rockabill Development and Goddard Riverside recently closed on $38 million in financing to transform an illegal transient hotel on the… Read more
Sublease Space Remains at Record Levels in Manhattan
Avison Young’s First Quarter 2023 Office Market Report for New York showed increases in sublease space and renewals and indicated trophy properties… Read more
DirecTV Unloads Denver-Area Assets for $55.2M
DirecTV has sold two of its Colorado properties for a combined $55.2 million. However, the company has signed long term leases… Read more
Mag Mile Capital Merges with Myson, to Become Publicly Traded Company
Mag Mile Capital, a Chicago-based full-service commercial real estate mortgage banking firm, has completed a merger with publicly traded Myson,… Read more
Cushman & Wakefield Lists Mixed-Use Retail in Financial District
Cushman & Wakefield has been retained on an exclusive basis to market 64 Fulton St., a 41,369-square-foot mixed-use asset in… Read more
GFP Continues Lease-Up at 515 Madison Ave.
GFP Real Estate has secured six lease transactions totaling 28,804 square feet at 515 Madison Ave. in Manhattan’s Plaza District.… Read more
Naftali Group’s Bellemont Condos Begin Closings, Starting with $68M Penthouse
Closings have commenced at Naftali Group’s The Bellemont at 1165 Madison Ave. with the record-breaking $67.8-million Penthouse C being the first residence… Read more