New York
NAIOP Spotlights NYC and SoCal Chapters with Merit Awards
The commercial real estate industry is celebrating a banner year for two of NAIOP’s most dynamic chapters: NAIOP SoCal and NAIOP NYC Metro. Both were… Read more
RXR Secures $407M Refi on 450 Lexington
RXR has secured $407 million in mortgage financing led by Morgan Stanley and including Bank of America to refinance 450 Lexington Ave.,… Read more
Understanding Reshoring and Industrial Space Demand
In early April 2025, President Donald Trump issued Executive Order 14257 (“Regulating Imports With a Reciprocal Tariff To Rectify Trade… Read more
Successful Sustainable Strategies Involve Plenty of Planning
Sustainability is the name of the game in today’s commercial real estate world. But a recent CBRE write-up suggests that… Read more
The Quiet Truth About Affordable Housing: More is Being Built
America has been battling an affordable housing crisis for years, if not decades. The National Low Income Housing Coalition reported… Read more
RXR Adds Two Tenants at 75 Rockefeller Plaza
RXR has secured two office leases at 75 Rockefeller Plaza. Xfinity Creative and BeaconHead Partners have joined the tenant roster… Read more
Mindspace Expands 25 Kent Footprint with Global Holdings
Global Holdings said that Mindspace, a global flexible workspace provider, will expand its Williamsburg location at 25 Kent Ave. by 11,500… Read more
Iconic NYC Waldorf Astoria Coming Up for Sale After Eight-Year Renovation
Following its reopening last fall upon completion of an eight-year gut renovation, the iconic Waldorf Astoria in Midtown Manhattan is… Read more
CMBS Special Servicing Rate Begins 2026 with Increase
The Trepp CMBS Special Servicing Rate increased 20 basis points in January to 10.91%, led by several new transfers in the… Read more
Turner & Townsend Lease Brings SL Green Offices to 100% Occupancy
Turner & Townsend has signed a new 12-year lease covering 24,394 square feet on the sixth floor of SL Green Realty Corp.’s 100… Read more
Bronx Mixed-Use Secures $20M Bridge Refinance
A Bronx mixed-use property has secured a $20-million bridge refinance. Bridge Debt Strategies provided a 24-month, floating-rate loan on 2500… Read more
Kilroy Realty Executes 52K-SF Office Lease with Foster Garvey in Seattle
Kilroy Realty has executed a 52,000-square-foot office lease with Foster Garvey at West8, the company’s LEED Platinum and ENERGY STAR-certified… Read more
Ken Griffin Taking Majority Stake in Venture to Develop Supertall Midtown Tower
Citadel founder Ken Griffin has exercised an option to acquire at least 60% of a joint venture that would develop… Read more
AI Marketing Platform Bluefish Establishes First Permanent Headquarters
Bluefish has established its first permanent headquarters at 315 Park Ave. South, Columbia Property Trust’s Midtown South office building. An AI… Read more
Affinius Loan Will Finance Completion of Murray Hill Apartments
Affinius Capital LLC closed on a $115-million loan to refinance 162 E. 36th St., a 22-story, Class A multifamily project in Manhattan’s Murray… Read more
McLean Apartment Towers Sell in Deal Brokered by Berkadia
Berkadia has completed the sale of Kingston at McLean Crossing, a 2018-built, 319-unit multifamily apartment community located in the McLean… Read more
Vornado Refis One Park Avenue for $525M
Vornado Realty Trust has completed a $525-million refinancing of One Park Ave., its 945,000-square-foot Class A office building in Midtown Manhattan. The REIT previously… Read more