New York
Hudson Commons Developer Reportedly Seeks $1 Billion+ in Sale
Hudson Commons, a redeveloped office tower on Manhattan’s West Side, is hitting the market in a bet that investor appetite for New… Read more
Marketing Firm Subleases Condé Nast Space at One World Trade
JLL has completed a 48,000-square-foot long-term sublease with Constellation Agency on behalf of Advance Publications for the entire 21st floor of One… Read more
Diamond Fintech Company Signs Fifth Avenue Headquarters Lease
Diamond Standard Co., developer of the world’s first regulator-approved diamond commodity, has signed a 10,850-square-foot sublease for its New York headquarters at 565… Read more
Trident Construction Named Reseller of Crane Stabilization Hardware
Vita Inclinata, a Broomfield, CO-based developer and producer of helicopter and crane load stabilization and precision hardware, said Bronx-based Trident Construction will… Read more
CushWake Arranges $42M Sale of Brooklyn Development Site
Cushman & Wakefield has arranged the $41.5-million sale of 975 Nostrand Ave. in Brooklyn. The property is a development parcel. A Cushman &… Read more
CBRE Sees Leading Office Markets in Recovery Mode
Activity in the 12 largest U.S. office markets indicates that many have started their recovery from the pandemic-induced downturn, according… Read more
Vornado Offloads Five Underperforming Retail Assets for $185M
Vornado Realty Trust said Monday it’s selling five underperforming Manhattan retail properties in SoHo and on the Upper East Side for an aggregate price of $184.5… Read more
Multifamily Investment Manager Moves to Rudin Tower
JLL has completed a 6,306-square-foot lease for Limekiln Real Estate Investment Management, LP, for the partial 41st floor at 41… Read more
Veteran CRE Attorney Relocates Offices and Art Collection
Taking larger space, a veteran of 40 years in commercial real estate law has moved to 110 W. 57th St. Joshua Stein… Read more
MTA Schedules 13 Public Outreach Sessions on Congestion Pricing
The Metropolitan Transportation Authority (MTA), New York State Department of Transportation and New York City Department of Transportation will hold 13… Read more
Boutique Condos in Greenpoint Reach Completion
81 McGuinness, a boutique luxury condominium in Brooklyn’s Greenpoint neighborhood, has officially reached completion. Despite launching sales just this past spring, the… Read more
Sayville Shopping Center Trades to Transformco
Representing Arctrust, Ripco Real Estate handled the sale of Sayville Shopping Plaza, a 236,000-square-foot retail property in the Long Island community of Bohemia, NY, to Transformco. Terms of the sale weren’t disclosed, although the Long… Read more
Hochul Seeks Special Legislative Session to Address “Impending Eviction Crisis”
New York Gov. Kathy Hochul said Friday that she was in talks with state legislative leaders to call a special session addressing what she… Read more
NYC Unseats San Francisco as Nation’s Most Expensive Rental Market
The nation’s two most expensive markets for apartment renters have traded places. Zumper reported that after 18 months of disruption caused by… Read more
The Pop-Up Restaurant Will Stay on the Menu
Pop-up restaurants, many launched as stopgap measures by struggling chefs and owners, may have staying power, the Associated Press reported. The… Read more
Healthcare Fintech Firm Quadruples Space in Move to 32 Ave. of the Americas
The Rudin Family finalized two leases totaling 72,000 square feet at 32 Ave. of the Americas in Midtown South. Cedar, a healthcare financial technology platform, has… Read more
APF, Avison Young Team on Plug-and-Play Office Solution
APF Properties and Avison Young’s New York office have launched APFlex, a move-in ready office solution designed for businesses adapting their office requirements… Read more
JLL Team Closes $46M Bulk Condo Sale on Upper West Side
JLL Capital Markets has closed the $45.625-million bulk sale of 111 condominium units at 100 W. 93rd St., a 280-unit,… Read more
ZL Capital Breaks Ground on LIC Boutique Condo Project
ZL Capital held a groundbreaking ceremony Wednesday celebrating the start of construction of its new project, Athena LIC in the Hunter’s Point section of Long… Read more