New York
Carthage, Urban American Form Development JV
Carthage Real Estate Advisors and Urban American Management have formed a joint venture which will focus on addressing the need for… Read more
Seavest Acquires Fully Leased Midwood MOB
Seavest Healthcare Properties has acquired an eight-story, 72,270-square-foot medical office building in Brooklyn’s Midwood neighborhood for an undisclosed sum. The fully… Read more
NYS Will Lift COVID Restrictions When Vaccination Level Hits 70%
Gov. Andrew Cuomo said Monday that most of the remaining COVID-19 restrictions will be lifted once 70% of New Yorkers… Read more
100% Capacity Concerts Returning to Madison Square Garden
Madison Square Garden will hold its first 100% capacity concert since March 2020 on June 20, with Foo Fighters performing… Read more
Meridian Closes Loan for Soundview Multifamily Buy
Meridian Capital Group arranged $18.3 million in acquisition financing for the $24.4-million purchase of a multifamily property in the Bronx, on… Read more
Newmark Opens All U.S. Offices
Newmark fully reopened its offices on June 1 across the country, with all employees expected to return to the office.… Read more
Redeveloped Bensonhurst Retail Trades for $17M
Cushman & Wakefield arranged the $17.25-million sale of 2076-2084 86th St. in Brooklyn’s Bensonhurst neighborhood. The newly redeveloped 7,806-square-foot, two-story retail… Read more
Survey: 62% of Manhattan Office Employees Expected Back by September
Employer expectations of how quickly office workers will return to Manhattan have jumped 37% since vaccination rates have risen, the… Read more
Seattle Lands at Number 10 for Jobs Recovery
After a disappointing April jobs report, hiring is on the rise again. ThinkWhy, a labor market data and analytics firm,… Read more
KPG Will Accept Digital Payments from Office Tenants
Real estate investment firm KPG Funds said tenants may pay rent in digital currency at its 446 Broadway – L… Read more
SL Green Signs 124K SF of Leases at One Vanderbilt
SL Green Realty Corp. has signed three leases at One Vanderbilt Ave., bringing the recently opened office tower to 89%… Read more
GID’s Waterline Square Has Banner First Half of 2021
GID Development Group’s Waterline Square, a three-building luxury residential development on Manhattan’s Upper West Side, is enjoying a record first half… Read more
NYC Leads U.S. in Q1 Net Lease Retail Sales
New York City ranked 12th in the nation for first-quarter net lease investment activity, with $1.6 billion in overall investment… Read more
Arch Companies’ SoHo Rental Project Now 70% Leased
Arch Companies, which has partnered with SERHANT to market 11 Greene Street in SoHo, has already leased more than 70% of the rental building’s units… Read more
Rough Trade Sets Up Shop at Rockefeller Center
Following seven successful years in Williamsburg with an inaugural location on North 9th Street, Rough Trade NYC has moved across the East River. The… Read more
Dual-Project Development Site Trades in Forest Hills
JLL Capital Markets closed the $31.7-million sale of a 57,035-square-foot lot at 70-35 113th St. in Forest Hills, Queens, with plans… Read more
As Port Traffic Ramps Up, So Does Warehouse Development
Increasing amounts of containerized cargo are flowing through the country’s major maritime port complexes, in turn driving demand for warehouse… Read more
Penn South Taps MAG Partners for Mixed-Income Redevelopment
MaryAnne Gilmartin’s MAG Partners is expanding its development footprint in Chelsea with its selection by affordable housing cooperative Penn South… Read more
Meridian’s Team Doshi Sells Rent-Stabilized Property in Pelham Bay
Meridian’s Amit Doshi and Shallini Mehra recently sold 2955 E. 196th St. in the Bronx’s Pelham Bay section. Built in 1931, the 35,000-square-foot… Read more