New York
Avanath Snaps Up Brooklyn Apartment Portfolio for $315M
Irvine, CA-based Avanath Capital Management, LLC has acquired a mixed-use portfolio containing two multifamily properties with ground-floor retail in Brooklyn… Read more
$14M Buys Three-Building Portfolio in East Village, Hell’s Kitchen
Brax Realty arranged the sale of a three -building package located in the East Village and Hell’s Kitchen neighborhoods of… Read more
MetLife Building to Unveil Menu of New Food Options
Tishman Speyer and Irvine Company said Monday that the transformation of 200 Park Ave., commonly known as the MetLife Building,… Read more
Upscale Clothier Faherty Will Open Upper East Side Flagship
Newmark Retail completed a 4,400-square-foot lease for upscale clothing brand Faherty at 1175 Madison Ave. on Manhattan’s Upper East Side.… Read more
B6 Markets Williamsburg Retail Building for Sale
B6 Real Estate Advisors will serve as the exclusive agents of sale for 87 Wythe Ave., a two-story, gut renovated, commercial… Read more
Fitch: CMBS Defaults Leveled Off in 2021
U.S. CMBS loan defaults declined significantly in 2021 compared with 2020, as the resumption of economic activity supported a recovery… Read more
Taconic Capital Closes on its Third Real Estate Fund, with Focus on Distress
New York-based Taconic Capital Advisors, a global institutional investment firm, has closed its third real estate fund, Taconic CRE Dislocation… Read more
Jeweler Ted Muehling Finds New Shop Space in Tribeca
Newmark Retail completed a 4,400–square-foot lease with high-end jeweler Ted Muehling at 104 Franklin St. in Lower Manhattan’s Tribeca neighborhood. Managing director Andrew Stern and… Read more
ESRT Signs Music Group to Newly Revamped 250 West 57th
Empire State Realty Trust (ESRT) has signed SESAC Music Group, a music rights management and content company, for the full… Read more
Ariel Arranges $13M of Sales in Northern Manhattan, Brooklyn
Ariel Property Advisors has arranged the sale of three properties totaling $12.9 million located in Brooklyn and Northern Manhattan. The… Read more
Brookfield and Park Tower Open Mixed-Income Resi Tower in Greenpoint
Brookfield Properties, in joint partnership with Park Tower Group, held the grand opening and launched resident move-ins at The Bellslip,… Read more
CBRE Closes Sale of Holtsville Offices to Northpath
CBRE closed the $28.5-million sale of 5000 Corporate Ct., a two story, 264,482-square-foot. office building in the hamlet of Holtsville… Read more
Columbia Property Trust Signs Wellington Management to Four Full Floors at 799 Broadway
Columbia Property Trust has signed money manager Wellington Management to four full floors at 799 Broadway, its newly completed ground-up… Read more
RFR Tallies Nearly 50K SF of Leases at 17 State St.
RFR has added nearly 50,000 square feet of new and extended/expanded office leases at 17 State St. in Lower Manhattan. … Read more
Panera Bread Will Open Flagship Store at Hearst Tower
Cushman & Wakefield arranged a long-term, 2,510-square-foot lease for Panera Bread at Hearst Tower located at 949 Eighth Ave. on… Read more
Doe Fund Readies Affordable Project in Bronx’s Wakefield Section
The Doe Fund is slated to break ground May 25 on its new multifamily development at 4519 White Plains Rd.… Read more
Downtown Brooklyn Development Site Will Yield 13-Story Mixed-Use
Ariel Property Advisors has arranged the $12.8-million sale of a development site offering 41,538 buildable square feet in an Opportunity… Read more
Monroe Capital Adds Investments Veteran as Managing Director
Gila Cohen has joined Chicago-based Monroe Capital as managing director, head of global institutional partnerships, based in New York. She… Read more
Gaia Unloads Houston Property Portfolio
The Copperfield Portfolio was made up of five multifamily communities with a total of 1,376 apartment units in the Northwest… Read more