New York
Former NYC Planning Commission Chair Joins Fried Frank
Anita Laremont will join Fried, Frank, Harris, Shriver & Jacobson LLP as partner in the real estate department and land… Read more
Harbor Group JV Pays $306M for Westchester Apartment Complex
Affiliates of Harbor Group International, LLC (HGI) and Azure Partners formed a joint venture for the $306-million acquisition of Avalon… Read more
Stan Johnson Brokers $5.5M Sale of Palmdale Planet Fitness
Real estate brokerage firm Stan Johnson Company, has completed the sale of an 18,000-square-foot fitness and sports facility located on… Read more
Newmark Arranges First NYC Location for P.F. Chang’s Bistro
Newmark Retail completed a 7,319–square-foot lease for the first New York location of P.F. Chang’s Bistro at 113 University Pl.… Read more
Sage Realty Rolls Out Turnkey Workspace Solution at 437 Madison
Sage Realty, the leasing and management division of the William Kaufman Organization, introduced Equip by Sage, a turnkey workspace solution… Read more
Ariel Closes Sale of Morrisania Retail Assemblage
Ariel Property Advisors arranged the $22.75-million sale of a 23,339-square-foot retail assemblage spanning an entire blockfront at 1031-1049 Westchester Ave.… Read more
Rock Group Launches Industrial Build in Long Island’s Bay Shore
Rockefeller Group is developing a 172,622-square foot-distribution building in Bay Shore, NY, within Long Island’s Suffolk County. The company purchased… Read more
Innovo Closes on $435M Refi of Multistory Industrial in Long Island City
Innovo Property Group (IPG) closed on a $435-million loan from Starwood Property Trust and JPMorgan. The funds provided will be… Read more
Mesa, Arizona Industrial Asset Goes For $208 Million
A joint venture made up of Martens Development in Scottsdale and Dune Real Estate Partners out of New York has… Read more
Juice Bar/Coffee Shop Chain Comes to Flatiron District
Thor Equities Group has signed a lease with Danish juice bar and coffee shop concept Joe & The Juice. With more… Read more
Manhattan Office Condo Sales Decline by Half in H1 2022
The first half of 2022 saw Manhattan office condominium sales velocity halved with a 53% decrease in total square footage… Read more
Kahen Properties Acquires Lenox Hill Portfolio
JLL Capital Markets closed the $33.75-million trade of a three-building mixed-use multi-housing and commercial portfolio in Manhattan’s Lenox Hill neighborhood. … Read more
NYS Comptroller: MTA Faces Hard Choices as Ridership Lags
Overall ridership on New York City’s regional transit system is not recovering as hoped, leaving revenue well below pre-pandemic levels.… Read more
Yardi Matrix April 2022 Report: No Multifamily Rent Slowdown
The U.S. apartment sector isn’t showing any signs of slowing down. According to Yardi Matrix’s April 2022 “National Multifamily Report,”… Read more
Greystone Provides Bridge Loan for Schaumburg Deconversion Deal
Greystone provided $60,000,000 in bridge financing to acquire 21 Kristin Apartments, a 357-unit condo deconversion property in Schaumburg, IL. The… Read more
Meridian Duo Seals Deal for Tribeca Retail Condo
Meridian’s Chirag Doshi and Amit Doshi recently sold a 5,500-square-foot retail condominium at 326-332 Canal St., also known as 39-41… Read more
Mandrake Capital Closes Fund Aimed at CRE Investments with ”Situational Dynamics”
New York-based Park Madison Partners announced the final close of Mandrake Capital Real Estate Fund, LP, with $268 million of… Read more
Ariel Closes Sale of East Harlem Development Site
Ariel Property Advisors arranged the sale of a 43,857-buildable-square-foot development site at 2031-2033 Third Ave. in East Harlem for $7.1… Read more
3PL Provider Highline Relocates from Chelsea to Industry City
Highline Commerce, a New York City-based third-party logistics provider specializing in small e-commerce businesses, has expanded and relocated to Industry… Read more