New York
AI Tenants’ Office Demand Surges 85% Year-Over-Year
Artificial intelligence companies’ demand for office space has increased 85% year-over-year, VTS reported. The firm’s first-ever report on the AI sector… Read more
Vanbarton Group’s 425 Lexington Ave. Refinanced for $352M
JLL’s Capital Markets arranged a $352-million refinancing for 425 Lexington Ave., a 31-story, 750,000-square-foot Class A office tower in Midtown Manhattan.… Read more
Partnership Unveils Plans for Redevelopment of Former Brooklyn Macy’s Building
United American Land, together with partners The Jackson Group and Dreamscape Retail & Entertainment, has unveiled plans for BKX, a… Read more
Development Site Sale Closes Nearly Nine Years After Going Under Contract
Lee & Associates NYC has completed the $7.5-million acquisition of a 2.84-acre development site at 374 Atlantic Ave. in Oceanside,… Read more
Anthropic Leases Entire Hudson Square Building in Major NYC Upsizing
San Francisco-based Anthropic has leased the entirety of AEW Capital Management’s 330 Hudson St. in Hudson Square in a major… Read more
Chase Bank Branch Garners Manhattan’s Sixth-Highest Price Per Square Foot Since 2023
Net lease real estate advisory and investment platform SURMOUNT has completed a $13-million sale of a Chase Bank branch located… Read more
Meridian Arranges 10-Year Refi Loan for Kew Gardens Apartments
Meridian Capital Group has secured $16,350,000 in financing on behalf of BRG for Dale Gardens, a 103-unit multifamily complex located… Read more
Buildings Evacuated Near Former Pfizer Headquarters After Structural Columns Buckle
A residential conversion of the former Pfizer headquarters in Midtown Manhattan remained unstable as of Tuesday afternoon after structural columns… Read more
Loeb & Loeb Extends Longtime 345 Park Tenancy with Expansion to 179K SF
Global law firm Loeb & Loeb LLP is expanding and extending its long-held New York headquarters lease at Rudin’s 345 Park Ave. In a… Read more
Ariel Closes Sale of Upper West Side Section 8 Apartments
Ariel Property Advisors on Monday announced the $75-million sale of Manhattan Valley Apartments, a two-building multifamily portfolio located at 200 Manhattan Ave. and 133… Read more
AllianceBernstein Lends $75M on Master-Planned Rechler Industrial Park
JLL Capital Markets has arranged a $75-million development facility for Rechler Business District, a master-planned industrial business park in Medford,… Read more
Rithm Capital Lands $515M Financing for Midtown Office Tower
Cushman & Wakefield and Newmark announced that their respective Equity, Debt & Structured Finance teams advised Rithm Capital in securing… Read more
TEI Makes First Boston Office Acquisition with Deal for 230 Congress St.
Time Equities, Inc. (TEI) has acquired 230 Congress St. in Boston for $32.5 million. The 151,163-square-foot Art Deco building in the Financial… Read more
Revised Plan for Pacific Park Would Bring 5,600 Apartments to Downtown Brooklyn
The $5-billion next phase of the decades-long Atlantic Yards/Pacific Park project in Downtown Brooklyn will move forward with a new… Read more
Retail, Multifamily CMBS Delinquencies Rise in June as Overall Rate Moves Lower
The Trepp CMBS Delinquency Rate decreased by 20 basis points to 7.35% in June 2026, led by a large lodging cure. However,… Read more
Charney Acquires 143 Roebling in Williamsburg
Charney Companies has completed the $20-million purchase of 143 Roebling St., a 100,000-square-foot building in Williamsburg, Brooklyn. Financing was provided by… Read more