New York
Downtown Brooklyn Sees Spate of New Restaurant Openings
A recent flurry of restaurant openings is the latest sign of Downtown Brooklyn’s strong recovery, the New York Business Journal… Read more
REBNY Study Finds Class A Buildings Outperform for Office Visitations
The Real Estate Board of New York (REBNY) said Class A office properties are outperforming their Class B counterparts in… Read more
Bay Area Economies Among Most Vulnerable to Climate Change
San Francisco is the most vulnerable city to economic disaster from climate change in the United States and Oakland ranks… Read more
Lee & Associates South Florida Welcomes Andy Hidalgo to Multifamily Investment Role
Lee & Associates South Florida has welcomed multifamily investment sales specialist Andy Hidalgo as SVP. Hidalgo is charged with growing… Read more
Large Office Loan Defaults Are on the Rise
The number of big office landlords defaulting on their loans is on the rise, providing more evidence that more developers believe… Read more
Monday Properties Brings In Paul Vosper to Lead Business Strategy
Investment and development firm Monday Properties has appointed Paul Vosper as EVP of business strategy. Based in Midtown Manhattan, Vosper… Read more
Fordham Real Estate Launches “Titan Talks” Series with Barbara Corcoran
The Fordham Real Estate Institute (REI) hosted its first “Titan Talks” event recently at its Lincoln Center campus, featuring Barbara… Read more
BTM Capital Installs Facade at Athena LIC Luxury Condos
BTM Capital has completed façade installation on its Athena LIC project in Long Island City. Athena LIC is a luxury… Read more
Marcus & Millichap Closes Sale of Irvington’s Astor Buck Campus
Marcus & Millichap closed the sale of the Astor Buck Campus, a three-building, 138,000-square-foot office campus in the Westchester County community… Read more
JetBlue Breaks Ground on $4.2B Terminal 6 at JFK Airport
New York City-based JetBlue, joined by New York Gov. Kathy Hochul and other partners and leaders, held a groundbreaking ceremony… Read more
Meridian Arranges $119M Financing on Trio of Manhattan Properties
Meridian Capital Group arranged $118.5 million in financing for three Manhattan properties: the Theater House, 315 Fifth Ave. and 114… Read more
Denham Wolf Real Estate Adds Transactions Manager
Denham Wolf Real Estate Services has hired Kate Hrobsky as transactions manager. In her new role, Hrbosky works to provide… Read more
The Doe Fund Tops Out Construction on Wakefield Affordable/Supportive Housing
The Doe Fund, a homeless services nonprofit with a portfolio of transitional, affordable and supportive housing throughout NYC, has topped… Read more
Brooklyn Investment Sales Top $10 Billion for the First Time
Brooklyn saw a 28% year-over-year increase investment sales to just over $10 billion in 2022, representing the first time ever… Read more
JLL Closes Sale of Two Marriott-Branded Weehawken Hotels
JLL’s Hotels & Hospitality Group closed the sale of two Marriott brand hotels totaling 372 keys along the Hudson River… Read more
Friedkin Realty Sees Big Gain in Schaumburg Apartment Sale
Nearly nine years after buying Fieldpointe of Schaumburg, a 396-unit apartment complex in Schaumburg, IL, San Francisco-based Friedkin Property Group has cashed… Read more
New York Leads Major Cities in Office Demand Recovery
New York City has regained almost 50% of its initial pandemic decline in new demand for office space, with Los… Read more
It’s No Mistake: Apartment Space IS Shrinking
Those looking for units in newer buildings these days might find themselves eyeing less space than in previous years. This… Read more
Union Square Adds 40 Ground-Floor Businesses in 2022
Union Square-14th Street welcomed 40 new ground-floor businesses in 2022, with an especially strong fourth quarter representing 30% of the… Read more