New York
Brooklyn’s Sunset Yards Signs Charter School, Other Tenants
Sunset Yards, located at 341 39th St. in Sunset Park, Brooklyn and owned by New Gables Capital, has experienced approximately… Read more
Partnership Pays $825M for Three Solow Apartment Towers on Upper East Side
An equity syndication sponsored by GO Partners has closed on the $825-million acquisition of three Upper East Side multifamily properties… Read more
Branding Agency Signs with Kaufman Organization for New Headquarters
Sharma Brands, a branding strategy agency that specializes in growing, operating and advising direct-to-consumer brands in the digital landscape, has… Read more
Manhattan Office Leasing Declines Month-Over-Month and Year-Over-Year
Manhattan’s November office leasing activity dropped by 7.0% since October and by more than 50.0% year-over-year, reported Colliers. The tally… Read more
Biotech Firm Expands at Mink Building in Manhattanville Factory District
Quicksilver Biosciences, a venture capital-backed biotech startup based in the Manhattanville Factory District in West Harlem, expanded at the Mink… Read more
Arch Companies Top Out on Mixed-Use Project in Ridgewood, Queens
Arch Companies, a vertically integrated real estate owner, operator and developer, has topped out its Myrtle Avenue project in Ridgewood,… Read more
SVN | SFR Forms Joint Venture to Acquire, Operate Single-Family Rentals
Build-for-rent commercial real estate investment firm SVN | SFR Capital Management, headquartered in New York City, has entered into a… Read more
Moinian Group, Life Time Partner on Complimentary Membership at Ocean Resi Tower
The Moinian Group and Life Time have partnered to offer complimentary membership to Life Time Battery Park at Moinian’s Ocean residential tower, including all… Read more
Meta Cuts Back on Office Space at Hudson Yards
Facebook parent Meta Platforms Inc. is giving up some offices at Manhattan’s Hudson Yards as the company seeks to slash… Read more
Simone Metro Properties’ Joseph Kelleher Passes Away
Joseph Kelleher, president and COO of Hutch Management LLC, a division of Simone Metro Properties, passed away at age 70… Read more
Meridian Arranges $94M Financing for Marriott Duo at JFK Airport
Meridian Capital Group arranged $94 million in financing for the Marriott & Residence Inn at JFK Airport in Jamaica, Queens… Read more
NYU Acquires 3 Metrotech as Part of $1B Engineering School Plan
New York University has purchased 3 MetroTech Center, a 350,000-square-foot building adjacent to NYU’s Tandon School of Engineering, from JPMorgan… Read more
Tech Sector Now a Key Driver of Sublease Space Increases
Although the tech sector has been the main driver of growth for office landlords, quickly changing dynamics are forcing many… Read more
KPG’s Gregory Kraut Named to Board of Soho Improvement District
Gregory Kraut, co-founder and CEO of KPG Funds, a Soho-based commercial real estate investment firm has been appointed to the… Read more
FirstService Residential Promotes Two to President in Manhattan
FirstService Residential has promoted two executives in its Manhattan office: Marc Kotler to president of the New Development Group and… Read more
Fordham Real Estate Panel Will Examine NYC’s Affordability Shortage
Amid a housing crisis in New York City that disproportionately affects low-income households, Fordham Real Estate Institute (REI) will host… Read more
ERG Lines Up Loan to Complete Staten Island 1031 Exchange
ERG Commercial Real Estate delivered a $2.25-million traditional bank loan for a borrower who purchased an industrial warehouse building in… Read more
Prada’s NYC Flagship Location Scores $127M Refi
Newmark arranged a $127.4-million loan to refinance 575 Broadway, a 176,000-square-foot, mixed-use office and retail building in Manhattan’s SoHo neighborhood that houses the New… Read more
New Office Space Demand Posts Second Monthly Increase
New demand for office space rose for the second consecutive month, up 8.3% from a VTS Office Demand Index (VODI) reading… Read more