New York
Global Holdings Secures $450M Refi on NoMad Tower
Global Holdings said Wednesday it has secured a $450-million refinancing for 1250 Broadway, branded as Nomad Tower, its 39-story, LEED Platinum-certified office… Read more
Zenith IOS, J.P. Morgan Close on $130M Credit Facility
Brooklyn-based Zenith Industrial Outdoor Storage (IOS), in partnership with institutional investors advised by J.P. Morgan Asset Management, has closed on a $130-million… Read more
American Express to Build New Global Headquarters at 2 World Trade Center
Confirming earlier published reports, American Express said Wednesday it will relocate its global headquarters to 2 World Trade Center in… Read more
Free-Market Yorkville Apartments Go for $660K Per Unit
Marcus & Millichap finalized the sale of 443 E. 88th St., a 25-unit apartment building in Manhattan’s Yorkville neighborhood. The property sold for $16.5… Read more
Two Trees Signs Seven New Office Tenants in DUMBO
Two Trees Management Co. has secured seven new office leases in DUMBO, signing Think! Architecture + Design, Group Project Design, Clarity Cubed, Rovi Health, Bonside, CTS Builders and Veda… Read more
AMS Secures Construction Loan for Yorktown Active Adult Community
AMS Acquisitions secured $50.5 million of construction financing for a new 55+ active adult community located at 800 E. Main… Read more
Office-to-Resi Conversion Momentum Accelerates Across Manhattan
Roughly six months after Cushman & Wakefield’s September 2025 Office-to-Residential Conversions report identified a sharp acceleration in conversion activity across… Read more
Transamerica Pyramid Ownership Agrees to Sell Iconic Tower
A joint venture led by New York City-based developer Shvo and Deutsche Finance America has agreed to sell the Transamerica… Read more
U.S. Home Prices Post Smallest Annual Gain Since 2011
S&P Dow Jones Indices said Tuesday that the S&P Cotality Case-Shiller U.S. National Home Price NSA Index posted a 1.3%… Read more
Toll Brothers Nabs West Chelsea Development Site for $53M
Adirondack Capital Partners (ACP), a boutique capital markets advisory firm, said Monday that Toll Brothers has acquired a premier development site at 118 Tenth… Read more
Australian Restaurant Chain Continues NYC Expansion with Upper West Side Lease
Global Holdings said Monday that Australian restaurant chain THISBOWL has signed a 1,989-square-foot, 10-year lease at 1880 Broadway on the Upper West… Read more
Office Sale Prices Post First Annual Increase Since 2021
The average sale price of an office building ended 2025 with the first increase since 2021, CommercialCafe reported, citing Yardi… Read more
ESRT Taps Newmark to Lease Up 130 Mercer Offices in SoHo
Newmark has been appointed exclusive leasing agent for 130 Mercer, the Scholastic Building in SoHo, on behalf of the new owner,… Read more
Terreno Pays $92M for Former NY Times Distribution Center
Terreno Realty Corporation, an acquirer, owner and operator of industrial real estate in six major coastal U.S. markets, acquired the… Read more
Pakistan, U.S. to Partner on Roosevelt Hotel Redevelopment
The governments of Pakistan and the U.S. have launched a strategic economic initiative for the operation, maintenance, renovation, and redevelopment… Read more
Legal Leasing Boasts a Record Year
Overall office leasing gained momentum in 2025. Within that sector, legal space leases broke records, reaching 18.8 million square feet… Read more
Colliers Brings Former Core Club Building to Market
Colliers has been retained to market the former Core Club building at 66 E. 55th St., which is being offered for sale for… Read more