New York
Short-Term Rental Firm Takes 75-Year Ground Lease on Tuscany Hotel
CorpHousing Group Inc. (CHG), which utilizes a long-term lease, asset-light business model to acquire and manage a growing portfolio of… Read more
Gillian Murray Joins Rockefeller Group as Chief Risk Officer
Gillian Murray has joined Rockefeller Group as chief risk officer & treasurer. She will be responsible for treasury operations, debt… Read more
Greystone Trades Newly Built Park Slope Apartments for $40M
Cushman & Wakefield arranged the sale of 223 Fourth Ave., a 48,256-square-foot multifamily property in Park Slope, Brooklyn. The final… Read more
Manhattan Apartment Rent Growth Shows Signs of Plateauing
In contrast to apartment rents in Brooklyn, Manhattan rent growth is showing signs of beginning to plateau, appraisal firm Miller… Read more
U.S. Realty Advisors Moves Down Sixth Avenue to Fisher Brothers Tower
U.S. Realty Advisors has signed a lease agreement at Fisher Brothers’ 1345 Ave. of the Americas. Currently located at 1370… Read more
Retail Veteran Richard Hodos Joins JLL from CBRE
Veteran New York City retail broker Richard B. Hodos has joined JLL as vice chairman, retail brokerage, based in the… Read more
Meridian Arranges Acquisition Loan for Gowanus Development Site
Meridian Capital Group arranged $20 million in acquisition financing for 450 Union St., a mixed-use residential development site in Brooklyn’s… Read more
Large-Scale Calverton Corporate Tech Park Advances Through Approvals Process
The application by Triple Five’s Calverton Aviation & Technology (CAT) to transfer the former Calverton flight test center property on… Read more
NYC Will Issue $400M Social Bonds to Finance Affordable Housing Projects
New York City will issue approximately $400 million of taxable general obligation social bonds in October, the city’s first issuance… Read more
C-PACE: At the Intersection of Real Estate and Sustainability
By Laura Yablon Rapaport Sustainability has become a key metric by which companies and investors measure success. While some industries,… Read more
Charter School Relocates to Former Church School Space
JLL arranged a transaction to relocate the Great Oaks Charter School (GO-NYC), a local school with a focus on college… Read more
Cake Boss’ Bakery Chain Lands Second NYC Location
Newmark Retail completed a 2,196-square-foot lease for the second New York City location of Carlo’s Bakery, a national bake shop… Read more
Investment Platform Canvas Names Brett Klein as COO
Robert Morgenstern’s freshly capitalized real estate investment platform, Canvas, has appointed Brett Klein as COO. Klein will develop, implement and execute… Read more
National Equity Fund Furnishes $27M Refi on St. George Apartments
Nonprofit affordable housing finance company National Equity Fund has provided a $27,457,000 loan to refinance a 115-unit multifamily property in… Read more
NYC Posts Seventh Consecutive Month of Private-Sector Job Gains
August saw 20,700 private-sector jobs added in New York City, the seventh consecutive month of job gains, according to the… Read more
Partnership Starts Work on San Antonio Apartment Rentals
A partnership between New York City-based Sovereign Properties and Florida-based Invest Capital Group has started work on Atlantica at Alamo,… Read more
O’Hare Takes OAG’s Top Spot as Global Hub
A strong domestic aviation market propelled U.S. airports to dominate data platform OAG’s Megahubs 2022 ranking, with Chicago’s O’Hare International… Read more
GFP Secures Quartet of Leases at 80 Eighth Ave.
GFP Real Estate recently secured four lease transactions totaling 8,910 square feet at 80 Eighth Ave in Chelsea. The firm’s… Read more
Extell Seeks $250M for Central Park Tower Penthouse
Extell Development Company has put the world’s highest residence on the market. The penthouse at Extell’s Central Park Tower, 255… Read more