New York
Berkadia Arranges $46M Sale of Virginia MF Property
Berkadia has arranged the $46 million sale of Spotswood Commons, 212-unit garden-style multifamily property in Williamsburg, VA. Located at 100… Read more
NY Investor Group Acquires Rare Walgreens Outside Continental U.S.
Stan Johnson Company (SJC) completed the sale of a single-tenant drugstore leased to Walgreens located at Bo Pajaros Carr 861… Read more
NYC Retail Market Continues Adjustment a Year After Pandemic Hit
Asking retail rents throughout Manhattan have declined in 16 of the 17 key corridors, as the market continues to adjust… Read more
City Council Enacts Requirement for Racial-Equity Studies in Rezonings
The New York City Council on Thursday approved a measure requiring applicants for most land use actions to provide the City… Read more
Dattner Architects Relocates Headquarters to 498 Seventh Ave.
The ownership of 498 Seventh Ave., led by George Comfort & Sons, has signed a new 30,000-square-foot lease with design… Read more
Jeffrey Feil Gift Supports Weill Cornell Plans for Student Residence Hall
Weill Cornell Medicine has launched a $1.5-billion fundraising campaign, its largest to date, with more than $750 million already raised. Among the contributions… Read more
AEBOV Tapped to Locate Queens Facility for Healthcare Nonprofit
AEBOV, LLC has been retained by New York Psychotherapy and Counseling Center (NYPCC) to facilitate the acquisition of a Queens… Read more
Global Gateways Are Poised for Housing Rebound, Some More Than Others
There’s no disputing that the pandemic disrupted life in gateway markets across the globe. The effects on housing markets have… Read more
Bridge Investment Group Launches Logistics Properties Platform
Bridge Investment Group LLC said Thursday it had launched Bridge Logistics Properties. The new platform aims to seek price dislocation,… Read more
Petros Completes Nation’s Largest C-PACE Financing at 111 Wall St.
Petros PACE Finance, LLC, the Austin-based provider of Commercial Property Assessed Clean Energy (C-PACE) financing, closed an $89-million transaction for 111 Wall… Read more
LBB Takes Penthouse Space at Nuveen’s 475 Fifth
Newmark arranged a new lease for LBB Industries at the penthouse of 475 Fifth Ave, owned by Nuveen Real Estate. The 4,126-square-foot space was… Read more
NYC Subway Ridership Reaches Highest One-Day Total Since Pandemic Began
The Metropolitan Transportation Authority (MTA) said Thursday that the New York City Subway system carried 2,516,027 customers on June 16, or 44%… Read more
Natixis Provides $60M Refi on Park Slope/Gowanus Rentals
Natixis has provided a $60-million floating-rate loan to a subsidiary of Trinity Place Holdings Inc. for the refinancing of a Class-A… Read more
JLL Closes $150M Sale of Single-Tenant Suburban NJ Office Campus
JLL Capital Markets closed the $150.25-million sale and $100.59-million financing of Warren Corporate Center 100 and 200, two Class A office… Read more
Stan Johnson Co. Brokers $3M Sale of Metro Atlanta Cold Storage Facility
Stan Johnson Co. has arranged the $2.5 million sale of a 22,689-square-foot industrial facility located at 1812 Joy Lake Road… Read more
Willets Point Project Gets Underway with Site Remediation
City officials joined with the Queens Development Group (QDG) to celebrate the start of environmental cleanup for the first phase of development in Willets Point. One-hundred… Read more
Eastview Capital Launches Platform Geared to Small-Balance CRE
Eastview Capital, headquartered in Lower Manhattan’s Financial District, has launched an investment platform intended to allow investors an opportunity to… Read more
ATCO Finalizes Two Midtown East Leases
ATCO Properties & Management finalized two leasing transactions totaling 25,912 square feet at 630 Third Ave. in Midtown East. Rubin, Fiorella,… Read more
Development Team Cuts Ribbon on First Two La Central Buildings
The development team for the five-building La Central project in the South Bronx cut the ribbon Wednesday on buildings A and… Read more