New York
Summit Health Signs 21K-SF Direct Lease at 1345 Ave. of the Americas
Summit Health has signed a seven-year, 20,826 square foot lease at Fisher Brothers’ 1345 Ave. of the Americas. The multispecialty… Read more
RXR Tops Out Construction at First Bronx Project
RXR has topped out construction of its inaugural South Bronx development, Maven. The 27-story, 200-unit residential tower is located at… Read more
Be Electric Studios Chooses Crown Heights for Its 11th NYC Facility
Be Electric Studios, a Level 2 Qualified Production Facility film studio and media production company, is partnering with LIVWRK and… Read more
NYC Multifamily Sales Volume Up 37% Year-Over-Year in Q3
New York City multifamily sales totaled $3.57 billion in the third quarter of 2022, a 37% increase year-over-year and 71%… Read more
Global Marketing Agency CSM Establishes First Manhattan Office in Chelsea
CSM Sport and Entertainment, a global integrated marketing and brand experience agency, has signed a three-year lease for 11,940 square… Read more
Meridian Capital’s Team Doshi Closes Hell’s Kitchen Residential Sale
Meridian’s Amit Doshi, Shallini Mehra and Justin Barbos closed on the sale of 541-545 W. 49th St., a six-story residential walkup apartment… Read more
Laundromat Service Leases Ground-Floor Space at Douglaston’s Williamsbridge Multifamily
Clinton Management, the property management affiliate of Douglaston Development, has arranged a 15-year, 6,200-square-foot lease, including a 20-car parking lot,… Read more
Bushwick Apartments Trade with Half Free Market and Half Rent Stabilized Units
TerraCRG has closed on the $1,280,000 sale of a nearly 5,000-square-foot multifamily property at 232 Stanhope St. in Brooklyn’s Bushwick… Read more
Cushman & Wakefield Secures Greystone Financing for Lynbrook Apartments
Cushman & Wakefield served as the exclusive advisor to The Birch Group in obtaining $27,215,000 in acquisition financing for Cornerstone… Read more
SL Green, Caesars Partner on Bid to Bring Casino to Times Square
SL Green Realty Corp. and Caesars Entertainment have formed a partnership to pursue a gaming license for a facility in… Read more
Survey: Gloom Invades Investor Sentiment
Rising interest rates, continued supply chain disruptions, labor shortages and recession threats are putting investors in a gloomy mood, according… Read more
Cresa Adds Mike Burns as an Occupier Services Group SVP in DC Location
Mike Burns has joined Cresa’s Washington, DC, office as a SVP with the firm’s occupier services group. He will focus… Read more
Rockledge Grows Ohio Portfolio with Sonesta Extended Stay Property Acquisition
Rockledge, led by David Kaye and Joe Listhaus, has closed on the acquisition of the 104-key Sonesta ESA Suites in… Read more
Trepp Partners with NYU Stern on Innovation Challenge in Real Estate Finance
Trepp has launched its inaugural Innovation Challenge, in partnership with NYU Stern’s C.H. Chen Institute for Global Real Estate Finance.… Read more
Atlas Capital Group Closes Value-Add Real Estate Fund at $405M
Midtown Manhattan-based Atlas Capital Group has reached the final close of Atlas Capital Investors VI, LP (“Fund VI”). The $405-million… Read more
Supportive Housing Complex Reaches Completion in Bronx’s West Farms Neighborhood
Tremont Residences, a $50.6-million affordable housing development in the West Farms area of the Bronx, has been completed. The new… Read more
Investment Sales Veteran Joins Alpha Realty with Focus on Brooklyn
Veteran broker David Marciano has joined Alpha Realty from Westbridge Realty Group. As a senior director, he will help grow… Read more
Wafra, Arden Group Launch $1B Venture to Acquire Industrial Service Facilities
Global alternative investment firm Wafra, headquartered in New York, and Philadelphia-based fund manager Arden Group formed a $1-billion venture to… Read more
Report: California #1 in U.S. with Most Coworking Spaces
CoworkingCafe, a nationwide coworking space search website, reports that California leads the nation with 1,188 coworking spaces, nearly double that… Read more