New York
Innovation Economy Will Drive CRE’s Next Recovery Cycle
As the global economy continues to improve despite ongoing challenges, innovation-oriented industries and availability of talent will be key growth… Read more
Stan Johnson Company Brokers $16M Sale-Leaseback of Atlanta Industrial Facility
Stan Johnson Company has completed the $16-million sale of a 170,000-square-foot, two-building storage and distribution facility on Fulton Industrial Boulevard… Read more
Jordan Berger Joins ESRT as Leasing VP
Jordan Berger has joined Empire State Realty Trust (ESRT) as VP of leasing. With close to 20 years’ experience in… Read more
Fisher Brothers Reaches 100% Occupancy at Park Avenue Plaza
Fisher Brother’ Park Avenue Plaza at 55 E. 52nd St. is now 100% percent leased. Existing tenants Evercore, General Atlantic… Read more
Greystone Arranges $125M Bridge Loan on Harlem Multifamily
Greystone arranged a $125-million loan on behalf of Blumenfeld Development Group (BDG) for The Smile, a 233-unit class-A multifamily project… Read more
JLL Closes Sale of Bushwick Apartment Portfolio
JLL Capital Markets closed the $16.3-million sale of a 24-unit, 17,000-square-foot, four-building multifamily portfolio in Brooklyn’s Bushwick neighborhood. The firm’s… Read more
Sam Zell’s EGI Partners with East Coast Warehouse
Equity Group Investments (EGI), Sam Zell’s private investment firm, has made an investment in East Coast Warehouse (ECW), a leading… Read more
LaGuardia Airport’s $4B Terminal B Reaches Completion
The opening of the western skybridge at LaGuardia Airport’s $4-billion new Terminal B on Thursday marked the completion of construction… Read more
Rosewood Realty Group Brokers $77M Sale of Gainesville Multifamily
Rosewood Realty Group has sold a 322-unit multifamily development in Gainesville, FL for $77 million. Evergreen Uptown Village sold for… Read more
SJP, PGIM Unveil New Amenities at 470 Park South
SJP Properties and PGIM Real Estate unveiled a suite of purpose-built indoor and outdoor lifestyle amenities at 470 Park Ave. South, a boutique office and retail… Read more
EP Completes MEP Design on Bronx Project’s Second Phase
EP Engineering has completed the MEP design of two high-rise residential buildings which will be a part of phase two… Read more
Gazit Horizons Picks Up Park Slope Retail
JLL Capital Markets closed the $17.25-million sale of 555 Fifth Ave., a two-story retail building in Brooklyn’s Park Slope neighborhood. JLL represented… Read more
New Demand for Office Space Recedes in December
New employer demand for office space receded again in December and is now just 58% of pre-pandemic levels, VTS reported Wednesday. The… Read more
Rob Speyer Tapped as Co-Chair of Partnership for New York City
Rob Speyer has been elected co-chair of the Partnership for New York City’s board of directors, succeeding William Ford, chairman and CEO… Read more
WatermanClark, Brookfield Launch Lever House Redevelopment
WatermanClark, LLC and Brookfield Properties have begun an extensive renovation of Lever House at 390 Park Ave. The $100-million redevelopment plan will… Read more
Heller Organization Serves Up New Home for T-Bar Steak & Lounge
The Heller Organization’s Michael Gavin and Joshua Singer have arranged a 12-year lease at 116 E. 60th St. for T-Bar Steak & Lounge. The expansive three-level,… Read more
Still Here NYC Joins Industry City Tenant Roster
Fashion brand Still Here NYC has joined the tenant roster at Industry City in Sunset Park with a 1,246-square-foot lease, bringing the total number of… Read more
Whole Foods-Anchored Chappaqua Center Fetches $80M
CBRE closed the $79.5-million sale of Chappaqua Crossing, a 120,986-square-foot, grocery-anchored shopping center in Westchester County’s Chappaqua, NY. The CBRE… Read more
Manhattan Construction Volume Trends Upward Despite COVID
Despite a decrease in new projects due to COVID-19, Manhattan construction activity is on an upward trend, the New York… Read more