New York
Compass’ Adelaide Polsinelli Brings Greenwich Village Retail Condos to Market
Adelaide Polsinelli, vice chairman of Compass, has been hired to sell a 17,000-square-foot retail condominium with 160’ of wraparound frontage, located at 350 Sixth Ave., also known as… Read more
Drake Real Estate Exceeds $350M Target with Fourth Fund
Drake Real Estate Partners, a real estate investment and asset manager headquartered in Midtown Manhattan, closed its fourth flagship fund, Drake Real Estate… Read more
JLL Tapped for Leasing Duties at Renovated Mott Haven Property
JLL has been retained by 521 Bergen Properties LLC, an affiliate of Bridgerock Realty Advisors, LLC as the exclusive leasing agent for… Read more
Report: Morgan Stanley Will Backfill 400K SF of BlackRock Offices
Morgan Stanley is betting on the future of office in New York City, signing a deal to take over space that currently… Read more
Terreno Realty Drawn to DC Metro Industrial Assets to the Tune of $73M
Terreno Realty Corporation has acquired industrial properties in Alexandria, VA and Bladensburg, MD for a total of $72.7 million. The… Read more
Touro College Will Establish New Campus at 3 Times Square
Touro College and University System, one of the nation’s leading nonprofit institutions of higher and professional education under Jewish auspices,… Read more
GFI Arranges Value-Add Sale in Mott Haven
GFI Realty Services closed the $5.875-million sale of 316-322 E. 149th St., a two-story retail property located in the Mott Haven section of the… Read more
RIPCO Tapped to Lease Up Bay Ridge Portfolio
RIPCO Real Estate has been tapped to handle the leasing and marketing of ASG Equities’ Bay Ridge Portfolio, which includes the site of the former Century21… Read more
Simone Signs Phelps Hospital – Northwell Health to Yonkers Space
Phelps Hospital – Northwell Health has signed a 4,658-square-foot office lease at Simone Development Company’s 1034 North Broadway property in Yonkers, NY.… Read more
Manhattan Office Posts Best Quarter in Two Years
Manhattan office leasing finished 2021 strong, according to fourth-quarter reports from Newmark and Colliers. Newmark said the Q4 total was 29.8% above… Read more
Houston Draws Record Influx of Capital to Workforce Housing
A Houston value-add multifamily portfolio, a four-property portfolio consisting of 1,556 apartment units in three suburbs of Houston, was recently… Read more
Lone Star State Earns Bragging Rights as Leading Growth State of 2021
Migration to southern states continues to be magnified by the lingering pandemic, and no state netted more U-Haul customers during… Read more
NYCHA Forges Public-Private Partnerships on 5,200 Brooklyn Apartments
In three separate transactions, the New York City Housing Authority (NYCHA) has closed on $1.5 billion in financing with private-sector partners to renovate 5,226 NYCHA apartments across six campuses in Brooklyn. The three joint ventures are undertaking the… Read more
Witkoff, Blavatnik Acquire Note on Massive Chelsea Condo Project
Steven Witkoff and Len Blavatnik’s Access Industries have purchased the $900-million defaulted note for the “Twists” tower project in Chelsea from the Children’s Investment Fund.… Read more
HPD Selects Development Team for Affordable Project in Jerome Avenue District
The New York City Department of Housing Preservation and Development (HPD) selected Type A Projects, L+M Development Partners, and BronxWorks as the… Read more
Prologis Makes Buy in North Brooklyn Industrial Zone
TerraCRG and Pinnacle Realty arranged the $27,500,000 sale of an industrial property at 280 Johnson Ave. in Brooklyn’s East Williamsburg neighborhood. The buyer was Prologis. Ofer… Read more
Meridian Finances Icer Properties Portfolio in NJ and Queens
Meridian Capital Group arranged a total of $18 million in financing for the SLJ Portfolio, which contains retail and office properties in Raritan and Union,… Read more
Howard Hughes Corp. Gets Final Approvals on $850M Seaport Mixed-Use
The Howard Hughes Corporation has gotten final approvals from the city for its $850-million 250 Water St. development project at the Seaport in Lower… Read more
Silverstein Makes First NYC Residential Acquisition
Silverstein Properties closed on the acquisition of 116 John St., a 416-unit multifamily property in Lower Manhattan and its first residential… Read more