New York
ACRE Closes Direct Lending Fund at North of $325M
Asia Capital Real Estate (ACRE), a global real estate private equity firm that manages capital for institutional and family office… Read more
Wegmans Takes 82K SF at 770 Broadway for First Manhattan Store
RIPCO Real Estate arranged Wegmans Food Markets’ first Manhattan location and second New York store totaling 82,000 square feet at Vornado Realty Trust’s 770 Broadway,… Read more
Lee NYC Markets Plaza District Office for Long-Term Leasehold
Lee & Associates NYC is marketing for long-term leasehold 661 Lexington Ave., a roughly 35,000-square-foot office building in the Plaza District within Midtown… Read more
CycleBar, Pure Barre Backfill Upper East Side Space Vacated by Flywheel
Providing more evidence that in-person fitness classes are continuing their post-COVID-19 comeback, The Feil Organization has signed CycleBar and Pure… Read more
City Tower is Purportedly the Largest OC Sale YTD
City Tower, a LEED Gold-certified office tower totaling 435,177 square feet in Orange, recently sold for an undisclosed purchase price.… Read more
Avison Team Arranges Warehouse Sale in Greenpoint
Avison Young’s Tri-State Investment Sales Group arranged the sale of 29 Meserole Ave. in Greenpoint, Brooklyn for $7.95 million. The property… Read more
Cuomo to NY Businesses: Bring Workers Back Onsite by Labor Day
Gov. Andrew Cuomo on Wednesday called on New York businesses to to encourage a return to in-person work by Labor… Read more
Adams Brings Flatiron District Offices to 100% Occupancy
Adams & Co. arranged leases totaling 16,782 square feet at 49 W. 23rd St., bringing the Flatiron District office property building… Read more
JLL Team Markets Mixed-Use in Central Harlem
JLL Capital Markets is marketing for sale a seven-story mixed-use building at 370 Lenox Ave. in Central Harlem for $35 million. The 74,000-square-foot property offers opportunity for conversion and includes more than 55,000 square feet of fully-vacant residential space. The JLL… Read more
Savanna Completes Energy Upgrades at One Court Square
Savanna completed an energy efficiency initiative at One Court Square in Long Island City, which results in an annual energy… Read more
Boston Properties Expands Manhattan Portfolio into Midtown South
Boston Properties (BXP) said Tuesday it had agreed to acquire 360 Park Ave, South, a 450,000 square-foot, 20-story office property… Read more
Lightstone Secures $130M Financing for Latest Moxy Hotel Project
MSD Partners, L.P. and Lionheart Strategic Management LLC have closed on approximately $130 million in financing to the Lightstone Group to capitalize… Read more
Pembrook Names Two Senior Advisors on Its Affordable Housing Lending
Pembrook Capital Management LLC (PBC) has named two senior advisors to expand the Midtown Manhattan-based firm’s efforts to address racial and economic inequality… Read more
Hunts Point Tenant to Install Bronx’s Largest Solar Rooftop Array
Krasdale Foods, which provides grocery distribution, merchandising, and marketing to independent grocery store owners, will spearhead the largest solar rooftop… Read more
Agreement Brings Pro Baseball Back to Staten Island
City officials recently announced an agreement with Staten Island Entertainment (SIE) to bring professional baseball back to the Staten Island… Read more
White Oak Expands into CRE Credit Opportunities
White Oak Global Advisors has brought on real estate finance veteran Eric Tanjeloff as managing principal to lead White Oak… Read more
Merger of Benefit Street, Capstead Will Create Fourth-Largest Commercial Mortgage REIT
Benefit Street Partners Realty Trust (BSPRT), a publicly-registered, non-listed REIT based in New York, and Dallas-based Capstead Mortgage Corporation have… Read more
Taconic Closes on Refi for Boutique Union Square Office Property
Taconic Partners closed on a $125-million refinancing loan for its boutique, fully redeveloped Union Square office building, 817 Broadway. The… Read more
Search Firm Establishes NYC Presence with Hudson Commons Lease
Haddonfield, NJ-based executive search firm True is expanding its footprint by establishing a New York presence at Cove Property Group’s… Read more