New York
Butler Hospitality Takes Full Floor in Sublease from Zillow
JLL recently completed a 27,040-square-foot sublease for Butler Hospitality Corp. at Global Holdings Management Group’s Nomad Tower at 1250 Broadway in Manhattan’s NoMad neighborhood. Butler expanded from 6,000 square feet at… Read more
$25M Ridgewood Sale Underscores Demand for Industrial
An industrial site at 75 Onderdonk in Ridgewood, Queens has traded for $25 million, with B6 Real Estate Advisors handling the sale. The property, a 66,000-square-foot… Read more
X-Golf Tees Up New Location at Westbury’s Samanea Mall
Colliers secured a 10-year lease for X-Golf America, an indoor golf simulator and full-service bar and restaurant, in Westbury’s Samanea Mall. Managing… Read more
JetBlue Makes Long-Term Commitment to LIC Headquarters, Plans JFK Expansion
JetBlue said Tuesday it would double down on its commitment to New York by maintaining its headquarters in the city past the… Read more
NYC Will Require Vaccinations to Enter Restaurants and Gyms
Mayor Bill de Blasio said vaccination would be required for workers and customers of indoor facilities including restaurants and gyms,… Read more
Alpha Realty Markets Portfolio Under Protected Tax Class
Alpha Realty’s Lev Mavashev has been retained to negotiate the sale of an eight-building package located mostly throughout Bed-Stuy and Crown Heights in… Read more
Nominate a Woman in Real Estate for Our 2021 Awards
The 2020 Women in Real Estate Awards drew the best industry response, in terms of the sheer number of nominations,… Read more
Paramount Closes $860M Refi on 1301 Ave. of the Americas
Paramount Group has completed an $860-million refinancing of 1301 Avenue of the Americas, its 1.7-million-square-foot trophy office building in Midtown… Read more
Chainalysis Triples Footprint in Relocation Sublease
Savills represented Chainalysis in a 38,804-square-foot sublease at 114 Fifth Ave. The blockchain data platform, which has raised $300 million in… Read more
MSCI to Acquire Real Capital Analytics for $950M
MSCI Inc. said Monday it had entered into a definitive agreement to acquire Real Capital Analytics (RCA) for $950 million… Read more
Camber Acquires Harlem Complex, Adds Affordability Protection
Camber Property Group completed the $30-million acquisition of The Johanna Apartments, a 60-unit, 100% Section 8 property across four buildings on… Read more
SperryCGA’s North America Network Grows to Nearly 60 Offices
Irvine-based Sperry Commercial Global Affiliates’ (SperryCGA) North America affiliate network has grown to encompass nearly 60 offices as of second… Read more
HQ @First Provides Hefty Profit in Recent Sale
HQ @First was recently acquired by an affiliate of New York City-based KKR for $535 million. KKR obtained a $408… Read more
Berkadia Brokers $40M Sale of Jacksonville MF Property
Berkadia has arranged the $40 million sale of Coquina Bay, a 200-unit garden-style multifamily property located in Jacksonville. Located at… Read more
California Investor Snags 256-Unit Savannah MF Property
Sunroad Holding Corp. of San Diego has acquired Adara Godley Station, a 256-unit apartment property in Savannah, GA. The sales… Read more
NYC Multifamily Sales Post 57% Increase Y-O-Y
The New York City multifamily investment sales market experienced an uptick in activity during the second quarter of 2021, Ariel… Read more
Flatiron/23rd Street BID Set to Expand
The New York City Council voted to approve legislation that will expand the boundaries of the Flatiron/23rd Street Partnership Business Improvement… Read more
Carlyle Adds Full Floor to One Vanderbilt Tenancy
JLL has completed a transaction with global investment firm Carlyle and SL Green Realty Corp. enabling Carlyle to expand into a full floor of 33,924 square feet at One Vanderbilt. The transaction expands Carlyle’s presence in… Read more
BioBAT Space Will Expand at Brooklyn Army Terminal
New York City Economic Development Corporation (NYCEDC) is making a $50-million investment in life sciences at BioBAT to expand the lab space… Read more