New York
B6 Markets Former Banksy Site on Lower East Side
B6 Real Estate Advisors has been retained as the exclusive sales team for 159 Ludlow St. on Manhattan’s Lower East Side,… Read more
Manhattan Retail Outlook Brightens but Fundamentals Continue Decline
Manhattan retail is getting a boost as retail employment and spending continue trending upward, but fundamentals continued deteriorating in the second quarter, according to… Read more
QBG Completes Hospitality Upgrades Uptown, Midtown and Downtown
Quest Builders Group (QBG) has been engaged to deliver upgrades on three prominent hospitality projects as summer approaches. They included the Metropolitan Club on… Read more
Centric Capital Nabs 10-Asset Portfolio Leased to Taco Bueno
A 10-building quick service restaurant portfolio fully leased to Taco Bueno recently sold to a Dallas-based developer. The portfolio totals… Read more
Meridian Arranges $251M Financing on 15-Property Apartment Portfolio
Meridian Capital Group arranged $250.5 million of senior and mezzanine financing for The Kings Portfolio, a multifamily portfolio in Brooklyn and Staten Island. The 10-year loan… Read more
Newmark Lists White Plains Office Campus for Sale
Newmark is marketing White Plains Plaza for sale in White Plains, NY. The property consists of two institutional-quality Class A office buildings with retail, totaling 715,365 square… Read more
The Top 3 Stories in Real Estate for the Week of July 16
Connect CRE’s Sofia Nadji recounts the three best-read commercial real estate stories of the past week, as reported by Connect.… Read more
Regeneron Plans $1.8B Expansion of Tarrytown Campus
Biotechnology leader Regeneron Pharmaceuticals said Thursday it would spend $1.8 billion over six years to expand its research, preclinical manufacturing and… Read more
Mixed-Use in Chelsea Secures $183M Construction Financing
Square Mile Capital Management has closed on $183 million in construction financing for 258-278 Eighth Ave., a 190-unit, 210,000 gross square foot mixed-use project to be built in Chelsea. Square… Read more
Black Bear Capital Arranges Permanent Loans on Bronx, Westchester Properties
Black Bear Capital Partners (BBCP) arranged $46.6 million in permanent financing for properties in and around New York City. The new loans included $24 million in permanent financing… Read more
Porsche and Volvo Rev into Industry City Showroom Space
Porsche and Volvo have signed leases to operate showrooms and service centers out of Industry City, the 16-building, six-million-square-foot Brooklyn campus… Read more
Diamond District Office and Retail Fetches $101M
576 Fifth Ave., a 78,564-square-foot office and retail property in Manhattan’s Diamond District, has traded for $101 million. B6 Real Estate Advisors represented the… Read more
Creative Home Ideas Signs Up for Showroom and Office Space at 230 Fifth
Lee & Associates NYC arranged a 15-year lease on behalf of Creative Home Ideas, a division of YMF Carpet, at 230 Fifth Ave. in the Madison Square… Read more
Specialty Café Will Open at ATCO Rental Property Near Central Park
Specialty café Sip and Co. has signed a 10-year lease on the ground floor at ATCO Properties & Management’s 41 W. 58th St.,… Read more
Camber Cuts Ribbon on Harlem Seniors Housing
Elected officials, community leaders and others joined Camber Property Group for a ribbon cutting ceremony Wednesday at the Dr. Joan… Read more
RockFarmer and Wildhorn Buy SoNA in First Austin Foray
New York City-based RockFarmer Properties and Austin-based Wildhorn Capital recently acquired SoNA Apartment Homes, a 164-residence garden-style multifamily development in… Read more
Revel Partners with Logical Buildings to Support Cleaner Grid
Brooklyn-based Revel, which provides charging infrastructure and shared electric vehicle fleets, is partnering with Logical Buildings’ GridRewards, a virtual power plant software, to… Read more
Boston Properties, CPP, GIC Announce Office Co-Investment Program
Developer Boston Properties Inc. (BXP), Canada Pension Plan Investment Board (CPP Investments) and GIC have announced the formation of a… Read more
Newmark Arranges $13M Sale of Student Housing Property in D.C.
Newmark has arranged the $13 million sale of 1527-1529 18th Street, a 22,340-square-foot property sitting on a 10,854 square foot… Read more