New York
Eastern Union Names Senior Data Specialist
Brooklyn-based Eastern Union has named Victoria Smith senior data specialist in the company’s newly launched Commission Data Broker Division. Smith, who joined the firm… Read more
New Apartment Leases Set August Records in Manhattan, Brooklyn, NW Queens
August volume for new apartment leases continued to set some form of record across Manhattan, Brooklyn and Northwest Queens, appraisal firm Miller Samuel said in its monthly report… Read more
Meridian Arranges Refi on East Fenway Apartments
Meridian Capital Group arranged $18.8 million in financing to refinance a 30-unit multifamily property on Hemenway Street in Boston. The building is situated… Read more
Natiivo Austin in the Rainey Street Historic District is Totally Sold Out
Natiivo Austin, a residential condominium development located at 48 East Ave. in the Rainey Street Historic District, is completely sold… Read more
Fintech Startup Inks Manhattan’s Largest Sublease of Pandemic
Wharton Property Advisors (WPA) served as exclusive agent to fintech startup DailyPay in subletting 137,000 square feet at Retirement Systems of Alabama’s 55 Water St. in Lower… Read more
Traci Wilhelm Joins Ashcroft Capital from RXR
Multifamily investment firm Ashcroft Capital has hired Traci Wilhelm as director of asset management, based in Midtown Manhattan. Wilhelm joins Ashcroft… Read more
NY State’s Highest Court “Definitively Ends” Legal Challenges to 200 Amsterdam
The New York Court of Appeals on Thursday denied an opposition group’s attempt to appeal a previous court’s ruling upholding the validity of 200 Amsterdam’s… Read more
Astoria West Rental Project Launches Teaser Website
A partnership of Cape Advisors and Pioneer Group has launched the teaser website for Astoria West, a new rental property at 30-77 Vernon Blvd. The site offers a first look… Read more
U.S. Multifamily Rents Set Record for Year-Over-Year Growth
Multifamily asking rents increased nationally by 10.3% in August on a year-over-year basis, marking the first double-digit increase in the history of Yardi Matrix’s… Read more
Investment Firm Commits to Long-Term Renewal at 140 Broadway
Newmark arranged a 6,809-square-foot, long-term lease renewal for Alpine Global Management at 140 Broadway in Downtown Manhattan. Director Scott Gutnick and associate director Cooper Weisman represented the tenant on the transaction. A leading investment firm, Alpine specializes in event-driven trading of… Read more
Industry Veteran Geoffrey Newman Returns to Savills
Industry veteran Geoffrey Newman is returning to Savills as executive managing director. Newman, who was at Savills from 2001-08, comes back to… Read more
Archdiocese of New York Names Director of Real Estate
Cardinal Timothy Dolan, Archbishop of New York, has appointed Paula Roy Carethers as director of real estate for the Archdiocese of New York. Founder of… Read more
Development Site Sells in Cypress Hills Opportunity Zone
TerraCRG closed on the sale of an approximately 11,000-square-foot development site at 2771 – 2777 Atlantic Ave. in Brooklyn’s Cypress Hills neighborhood for… Read more
NYC Life Sciences Momentum is “Like Never Before”
Life sciences has established itself as one of the bright spots in New York City’s real estate market this year, CBRE… Read more
Marx Realty Secures 8K-SF Office Lease at Herald Building in D.C.
New York-based owner, developer and manager of office, retail and multifamily properties Marx Realty has secured a 10-year office lease… Read more
SperryCGA Broadens Its Reach into Capital Markets: Q&A with Mark Hinkins
Sperry Commercial Global Affiliates (SperryCGA) launched a capital markets business, Sperry RE Capital, this past December, with industry veteran Sam… Read more
SL Green Launches Residential Leasing in Lower Manhattan
SL Green Realty Corp. and Douglas Elliman have launched leasing at SL Green’s 7 Dey St., a/k/a 185 Broadway. A 34-story, mixed-use building in… Read more
Paramount Backfills 190K SF at 1301 Ave. of the Americas
Paramount Group has signed leases aggregating 279,000 square feet at 1301 Ave. of the Americas, its 1.7- million-square-foot office building… Read more
NY City and State Partner on Renewable Energy Pilot for Affordable Housing
New York State Energy Research and Development Authority (NYSERDA) and the New York City Department of Housing Preservation and Development (HPD) will… Read more