New York
Hines Tops Off Apartments at $1B MXU on Hudson Waterfront
Hines has topped off construction on NorthLight at Edge-on-Hudson has topped off. The new apartment community in Sleepy Hollow, NY… Read more
BOMA Hosts Multi-Market Panel on Tenant Re-Entry
On June 15, the same day that Los Angeles fully lifted its COVID-19 pandemic restrictions on public gatherings, BOMA Greater… Read more
JFK Airport Redevelopment Continues with $145M Ground Lease for Cargo Facility
The Port Authority of New York and New Jersey on Wednesday announced the signing of a long-term ground lease agreement… Read more
Convene Opens Its Largest Event Space at Willis Tower
Convene on Wednesday heralded the expansion of its physical meetings and event spaces with the opening of its largest one to date.… Read more
Horizon Group Launches Sales at LES Library Branch Turned Condos
The Horizon Group has launched sales at The Library, an 11-unit residential conversion with a contemporary glass addition at 61… Read more
Alter Domus Acquires NYC-Based Investors Economic Assurance
Luxembourg-based Alter Domus has acquired Investors Economic Assurance (IEA), which provides technology solutions and services to alternative investment managers. The Manhattan-based firm specializes… Read more
Ariel Closes $49M in Financings Across Four Boroughs
Ariel Property Advisors’ Capital Services Division recently closed $48.8 million in financing for a diversified range of properties and portfolios, from… Read more
TerraCRG Brokers Mixed-Use Sale on Border of Bushwick and Ridgewood
TerraCRG has closed on the sale of a mixed-use building at 1712 Menahan St. on the border of Bushwick in Brooklyn… Read more
Trend Toward Short-Term Manhattan Lease Renewals is Losing Steam
The pandemic brought about a 46% increase of short-term renewals in the Manhattan office leasing market, CBRE reported. However, a… Read more
Kairos Teams with National Apartment Landlords on Points for Renters
Lower Manhattan-based Kairos has forged partnerships with leading real estate owners to launch Bilt Rewards, reportedly the first rewards program that allows renters to earn… Read more
Square Mile Capital Puts $75M into McSam’s Times Square Hotel Project
Square Mile Capital Management LLC has made a $75-million preferred equity investment in a 1,046-key multi-branded hotel project in the… Read more
Greystone Provides Fannie Mae DUS on Prewar Apartments
Greystone has provided a $16,600,000 Fannie Mae Delegated Underwriting and Servicing (DUS) loan to refinance a 43-unit, prewar apartment property on Manhattan’s… Read more
CBRE Markets College Point Educational Facility
CBRE has been appointed as sales agent by the Sisters of the Order of St. Dominic to market St. Agnes Academic High School, an… Read more
Universe Holdings Makes East Coast Debut with NJ Townhome Deal
Universe Holdings has made its first East Coast investment with the $60-million acquisition of Mariners Cove, a 226-unit townhome community… Read more
Partnership Plans Mixed-Use Tower Along Midtown’s Billionaires’ Row
A partnership between Alchemy-ABR Investment Partners and Cain International has completed the acquisition of 125 W. 57thSt. on Midtown’s Billionaire’s Row… Read more
Automation Firm Triples Footprint at One World Trade
Automation technology firm Hyperscience has signed a 10-year lease for the entire 88th floor at One World Trade Center, a 34,382-square-foot space.… Read more
MetaProp Closes Proptech Seed Fund at $100M
MetaProp, the New York-based proptech venture capital firm, has closed its latest real estate technology seed fund. The oversubscribed $100-million MetaProp Ventures III,… Read more
Simone Development President Sees Urgent Care Boom Continuing
Bronx-based healthcare real estate developer Joe Simone predicts the urgent care center boom will continue in 2021. “Urgent care centers and retail… Read more
Smoothie Franchise Signs Long-Term Lease with Eagle Development
Baya Bar has signed a long-term lease for a 1,500-square-foot retail space on the ground floor of Eagle Development Corp.’s… Read more