New York
Bluestone Properties Adds Louisville Multifamily to Portfolio
Louisville-based Bluestone Properties has acquired a 274-unit multifamily property, The Ivy, also in Louisville, KY. The Ivy is located off… Read more
Vacant Big Box Fits with BH’s Repositioning Strategy
In an off-market transaction, investment firm BH Properties recently acquired a vacant 103,000-square-foot big box anchor building located within the… Read more
Dreamscape JV Goes Forward with Plans for East Hollywood Project
Dreamscape Companies and American Commercial Equities (ACE) are moving forward with joint venture plans for a large-scale mixed-use development at… Read more
Bradford Allen Opens Manhattan Office, Hires Industry Veteran Glenn Isaacson
Chicago-based services firm Bradford Allen has expanded with the opening of a New York office and the strategic hiring of industry veteran Glenn… Read more
Swiss Shoemaker Chooses Resnick Tower for First U.S. Retail Store
Swiss shoemaker brand Le Majordome will establish its first U.S. retail location at Jack Resnick & Sons’ 485 Madison Ave. in the Plaza District. Its new Manhattan… Read more
Rosewood Closes $25M Portfolio Sale in the Bronx, Northern Manhattan
Rosewood Realty closed the $24.5-million sale of a seven building, mixed-use portfolio in the Bronx and Nothern Manhattan. The firm’s… Read more
Ariel Secures Five-Year Loan on Mixed-Use in Astoria
Ariel Property Advisors’ Capital Services Division arranged a $1.575-million loan on a 4,750-square-foot mixed-use property at 31-49 Steinway St. in Queens’… Read more
NYC Industrial Leasing Holds Strong Despite Limited Availability
New York City’s industrial real estate market posted 864,000 square feet of leasing activity during the third quarter of 2021, up 47%… Read more
Green Street’s Advice to Property Investors: Buy Now
Buy now, Green Street advises commercial property investors. All signs point to higher pricing and lower cap rates next year. “The perfect storm of ultra-low bond… Read more
CBRE Completes Sale of Sarasota Multi-Tenant, Walgreens Ground Lease
CBRE has facilitated the sale of Oaks Plaza, a two-building, multi-tenant retail center plus a separate parcel ground leased to… Read more
Compass’ Adelaide Polsinelli Markets Retail Co-op in Flatiron District
Compass vice chairman Adelaide Polsinell has been hired to market a ground-floor, retail co-op property at the base of 15 E. 16th… Read more
Diverse Development Team Proposes 1,500-Foot Tower Near Javits Center
The team behind a proposal for Manhattan’s tallest building presented its plans to Empire State Development Corporation Thursday. The tower… Read more
Lee NYC Arranges Lease for Premium Juice Bar in Washington Heights
Lee & Associates NYC arranged an 850-square-foot long-term lease for a boutique convenience store and juice bar concept at 4026 Broadway… Read more
Zara Realty Set to Launch Jamaica Resi Project Adjacent to Rufus King Park
Zara Realty is set to begin work on a 223-unit 218,000-square foot residential building, at 153-10 88th Ave., adjacent to Rufus King Park in Queens’… Read more
Blue Owl Capital Signs Up for Short Hills Offices
Blue Owl Capital has signed an 11-year office lease at The Birch Group’s 51 JFK Pkwy. in Short Hills, NJ. The tenant, a market… Read more
Activist Investor Takes Macy’s Stake, Urges Spin-off of E-Commerce Business
Activist investor Jana Partners has taken a stake in Macy’s and sent a letter to the department store chain’s board urging it… Read more
CushWake Bolsters Retail Brokerage Team with Two Additions in Hartford Office
Cushman & Wakefield has added Tim McNamara and Kevin Daly to its retail brokerage team as senior director and director,… Read more
Investcorp Adds Two Advisory Directors to Real Estate Group
Investcorp has named two new advisory directors to its real estate group: Michelle Felman and Patrice Derrington, both based in New… Read more
U.K.-Based Future plc Signs Midtown Lease Amid U.S. Expansion
Cushman & Wakefield arranged a long-term, 16,000-square-foot, full-floor lease for multi-platform media company Future plc at 130 W. 42nd St. in Midtown Manhattan. The U.K.-based tenant… Read more