New York
Community Preservation Corp. Surpasses $1B Milestone in Fiscal 2022
The Community Preservation Corporation (CPC) said Monday it had deployed over $1 billion in capital to support affordable and workforce housing and community… Read more
Doe Fund Receives TCO on Bronx Affordable/Supportive Project
The Doe Fund has received a Temporary Certificate of Occupancy for its newest residence, 980 Westchester Ave. The $71.6-million joint venture with Bolivar Development brings 151 new affordable… Read more
Children’s Consignment Store Leases Brooklyn Space for Sixth Brick-and-Mortar Location
GoodBuy Gear, an online children’s consignment store for buying and selling quality baby and kid products, has signed a 6,500-square-foot… Read more
NYC Adds 30K Private Sector Jobs in July
Having lagged New York State and the U.S. in jobs recovery in the depths of the pandemic-induced downturn, New York… Read more
How to Get Into Real Estate Development & Become the One Who Makes It All Happen
On a real estate development project, the developer may not be the one doing all the work but is the… Read more
Mission Hill Hospitality Acquires Two Select-Service Hotels in Lenox
Mission Hill Hospitality, a KSL Capital Company, has acquired the Courtyard Lenox Berkshires and Hampton Inn & Suites Berkshires-Lenox hotels… Read more
Connect Media Launches Online Learning Center for CRE Accreditation
Connect Media, a commercial real estate news, events and creative services agency, has launched Connect Classroom, an innovative online learning… Read more
Slate Real Estate Capital Provides $147M Refi on NYC Self-Storage
Slate Real Estate Capital, the private credit business of Slate Asset Management with New York offices in Lower Manhattan, provided… Read more
Valley Bank Renews Branch Lease at 1040 Ave. of the Americas
Valley Bank has committed to a new 10-year lease at its current location at the base of 1040 Ave. of… Read more
NYC HPD Issues RFP for Climate Resilient Housing Project in Mott Haven
The New York City Department of Housing Preservation and Development (HPD) is now accepting proposals to build a climate resilient,… Read more
Alchemy Ventures Recapitalizes and Refis Nine Brooklyn Apartment Assets
New York City based Alchemy Ventures recapitalized a portfolio in Brooklyn, consisting of nine buildings and 113 residential units, for… Read more
MSG Entertainment Explores Spin-Off of Live Venue Business
The board of Madison Square Garden Entertainment Corp. has authorized management to explore a potential spin-off that would create a… Read more
U.S. Apartment Rent Growth Slows for Second Consecutive Month
The national median asking apartment rent was up 14% year over year to $2,032 in July, Redfin reported Friday. It’s the… Read more
Michaels Renews Lease in Long-Term Chelsea Space
Specialty arts and crafts retailer Michaels has signed a lease renewal for 32,000 square feet on the ground floor of… Read more
Lee NYC Reps Asset Management Firm in Move from Sublease to Full Lease
Lee & Associates NYC represented Lucid Management and Capital Partners LP, a specialized fixed-income asset management firm, in a 3,900-square-foot… Read more
Dual Walkup Buildings Listed on Upper East Side
B6 Real Estate Advisors has listed 303 – 305 E. 93rd St., two contiguous four-story multifamily walkup buildings in the Yorktown… Read more
TerraCRG Puts Gowanus Development Site Under Contract
TerraCRG has put 341 Nevins St., a corner development site in Brooklyn’s Gowanus neighborhood, into contract. Partners Dan Marks and… Read more
NY State Comptroller Warns on NYC Budget Revenues
Total revenue for New York City’s budget is expected to drop by 9.4% to $101.1 billion in fiscal 2023 amid… Read more
Andreesen Horowitz Bets $350 Million on WeWork Founder’s Venture
In its largest to-date investment, Silicon Valley venture capital firm Andreesen Horowitz announced a $350 million investment in Flow, a… Read more