New York
Reich Brothers Spends $53M to Acquire Aviation Campus near Baltimore
White Plains, NY-based Reich Brothers has purchased the former Martin Aviation facility in Middle River, MD, for $52.5 million. The… Read more
Verizon Signs on as Essex Crossing’s Anchor Office Tenant
Delancey Street Associates, a joint venture of Taconic Partners, L+M Development Partners, BFC Partners, the Prusik Group, and the Urban Investment… Read more
Hines Names First-Ever Chief Carbon Officer
Hines has established the position of chief carbon officer to lead the firm in assessing its global carbon emissions and develop the… Read more
Pair of Bronx Co-op Properties Changes Hands
Cushman & Wakefield arranged the sale of 2265 University Ave. and 85 McClellan St., two multifamily co-op buildings in the… Read more
TerraCRG Lists Midwood Portfolio of Elevator Buildings
TerraCRG has been retained to market a portfolio of four elevator multifamily buildings in Brooklyn’s Midwood neighborhood, comprising 246 fully rent-stabilized… Read more
NYC Multifamily Sales Post Big Gains in Q3
New York City’s multifamily market experienced a significant uptick in activity on both a year-over-year and quarter-over-quarter basis during the third… Read more
Parker Clay Focuses on Storefronts with Dallas, Austin Locations
Parker Clay, an Ethiopian leather goods brand with a mission to uplift at-risk women, will be in three locations, Chelsea… Read more
Look Past Vacancies to Predict Growth (or Decline) in Office Demand
A new report on the office-sector outlook by CCIM Institute chief economist and Red Shoe Economics founder KC Conway provides a lot to unpack. As part of… Read more
Nashville Sings a Different Tune with Campaign to Attract Tech Talent
It may wear the longtime nickname Music City with civic pride, but Nashville is serving notice that it’s a lure for people… Read more
CLEAR Nearly Triples Space in Relocation from Midtown
Secure identity company CLEAR signed a 119,000-square-foot lease at Vornado Realty Trust’s 85 Tenth Ave. On the border of West Chelsea and the Meatpacking… Read more
Arden Group Originates Mezz Loan on Times Square Margaritaville
Arden Group originated a two-year, $57-million mezzanine loan for the Margaritaville Resort Times Square, a 234-room resort hotel with extensive… Read more
Alpha Realty Lists Two Prewar Walk-Ups in Parkchester
Alpha Realty is selling 2160 Newbold Ave. and 2200 Powell Ave, in the Parkchester section of the Bronx. The firm’s Lev… Read more
JLL Provides Acquisition Debt on Stamford Apartments
JLL Capital Markets arranged $53.566 million in acquisition financing for Glenview House, a 146-unit, midrise rental community with a ground-floor Walgreen’s location in… Read more
Manhattan Office Leasing Sees Best Month in Nearly Two Years
At 2.7 million square feet, Manhattan’s monthly leasing activity for October increased by 10.8% since September and was 52.9% higher… Read more
Crane Index and Quarterly Cost Report Reveals Eye-Opening Stats
International property and construction consultancy firm Rider Levett Bucknall (RLB) recently released its latest Crane Index and Quarterly Cost Report.… Read more
CoreNet NYC Hosts Presentation by Larry Silverstein
The New York City Chapter of CoreNet Global recently hosted “A Conversation with Larry Silverstein,” an intimate event in which the chairman… Read more
Maverick Surpasses Fundraising Target with Latest Vehicle
Maverick Real Estate Partners has reached the closing for its latest real estate credit fund, Maverick Lien Fund VI LP, with total equity… Read more
Life Science Firm Hemogenyx Relocates to Mink Building
The Janus Property Company has signed a lease with Hemogenyx Pharmaceuticals LLC at the Mink Building in the Upper West Side’s Manhattanville Factory District… Read more
Philip Morris Backfills Long-Vacant UBS Space in Stamford
George Comfort & Sons, Inc. has secured lease agreements totaling 120,237 square feet completed at 677 Washington Blvd. in downtown… Read more