New York
Bellet Construction Goes to Work for Bronx’s St. Barnabas Hospital
Bellet Construction has been awarded a contract by St. Barnabas Hospital and St. Barnabas Health System (SBH) to implement F.I.S.P/Local… Read more
JLL Lines Up Acquisition Debt for Storage Post on Staten Island
JLL Capital Markets has arranged $33.2 million in financing for Storage Post’s new 2,388-unit self-storage facility located at 620 Richmond… Read more
RIPCO Handles Sale of Cash-Flowing Long Island MOB
RIPCO Real Estate arranged the sale of 2860 Long Beach Rd. in the Nassau County community of Oceanside, NY for… Read more
Q2 Manhattan Office Leasing Driven by New Construction
Manhattan office leasing volume declined slightly in the second quarter compared to Q1, Newmark and Colliers reported. However, the year-over-year… Read more
Voyager Digital Becomes Crypto Winter’s Most Recent Victim
Digital currency broker Voyager Digital filed for Chapter 11 bankruptcy protection, just days after suspending trading, deposits and withdrawals. The… Read more
U.S. Ranks On Top as World’s Most Expensive Place to Build
When it comes to increasing construction costs—including labor and materials costs—the United States dominates rankings of the most expensive places… Read more
Fintech Company Coast Opts for Full Floor at Renovated 625 Broadway
Kaufman Leasing Company arranged an 8,085-square-foot lease with financial services company Coast at ASB Real Estate’s 625 Broadway in SoHo.… Read more
JLL Acquires Metropolitan Valuation Services
JLL has acquired Metropolitan Valuation Services (MVS), one of the largest independent commercial property appraisal and real estate consulting firms… Read more
New Terminal B at LaGuardia Wins Special Achievement Award
LaGuardia Airport’s new Terminal B has won the National Academy of Construction’s inaugural Recognition of Special Achievement Award, highlighting creativity,… Read more
Vornado Completes Quartet of Refis for $3.2B
Vornado Realty Trust said it recently completed four refinancings totaling $3.2 billion. These included an extension on an unsecured revolving… Read more
GFP Brings Historic SoHo Offices to 100% Occupancy
GFP Real Estate, LLC has secured two new leases totaling 8,021 square feet at 100 Crosby St. Located in SoHo,… Read more
CRE Veteran Matthew Holst Joins Simone Development as COO
Matthew Holst, a veteran real estate professional with more than two decades of experience holding senior management positions, has joined… Read more
Multi-Tenant Red Hook Industrial Trades to LLC
TerraCRG closed on the $10,230,000 sale of 202 Van Dyke St., a block-wide, multi-tenanted industrial warehouse, located in Red Hook,… Read more
Fort Lee Apartments Fetch $52M Amid Renter Demand
Cushman & Wakefield arranged the sale of The Sterling, a 128-unit multifamily property located at 2055 Center Ave. in Fort… Read more
BRP, Basis Investment Line Up Financing on $378M Jamaica Development
BRP Companies has secured construction financing for 90Ninety, a mixed-income housing development in Jamaica, Queens. Construction on the $378-million project… Read more
MG Developer Acquires $19M Parcel for Condo Community in Coral Gables
MG Developer has paid $19.3 million for a parcel of land at 33 Alhambra Circle in Coral Gables, FL to… Read more
JLL Closes $44M Apartment Portfolio Sale
JLL Capital Markets arranged the $44-million sale of a 134-unit multifamily portfolio comprised of seven buildings located primarily south of… Read more
Sage Realty Arranges Octet of Leases at 777 Third Ave.
Sage Realty, the leasing and management division of the William Kaufman Organization, has signed eight leases – some new; some… Read more
Lendlease Tops Out Construction on Bronx Multifamily
Lendlease’s New York Construction group has topped out Garden Towers, an affordable senior housing community in the Bronx developed by… Read more