New York
Last Chance to Submit for Top Mortgage Brokers and Lenders Awards
Connect Commercial Real Estate’s first-ever Top Mortgage Brokers and Lenders awards program has seen a strong response to date with… Read more
Legal Aid Society Consolidates into 199K SF at 40 Worth St.
Social justice law firm Legal Aid Society has signed a 30-year lease for 198,900 square feet of commercial office condominium space at 40… Read more
Ariel Closes Mixed-Use Sale in Kips Bay
Ariel Property Advisors arranged the $3.5-million sale of 597-601 Second Ave., a three-unit, mixed-use building on 33rd Street in Kips… Read more
Common Named Co-living Operator at LIC’s ALTA
Simon Baron Development has named Common the co-living operator at ALTA in Long Island City. The developer bought the site in 2015; it’s… Read more
REBNY: Broker Confidence Continues Rebound from Record Lows
Broker confidence in the real estate market increased for the second consecutive quarter after hitting record lows at the height… Read more
Avison Team Markets Mixed-Use in Chelsea
The New York Investment Sales group for Avison Young has been hired to sell 453-455 W. 17th St., a 21,091-square-foot, mixed-use, four-story elevator… Read more
Manhattan Office Leasing Posts 56% Monthly Gain
Midtown was the only one of Manhattan’s three office submarkets to register a year-over-year decline in leasing volume during May,… Read more
Naftali Lands $103M in Construction Loans on Upper East Side Project
The Naftali Group has obtained $102.7 million in construction financing for 1165 Madison Ave., a 13-story luxury residential condominium development… Read more
B6 Lists Williamsburg Assemblage of Development Site, Cash-Flowing Retail
B6 Real Estate Advisors has been retained to sell 87 Wythe Avenue Assemblage, a mix of existing high-end retail and a prime… Read more
$11B East Side Access Project Reaches Completion
Civil construction has been completed on East Side Access, the Metropolitan Transportation Authority’s $11-billion megaproject connecting the Long Island Rail… Read more
Alfred Scales Up Residential Platform with HOM Acquisition
Building management platform Alfred acquired amenities provider HOM in an all -equity transaction. Both Alfred and HOM were founded in… Read more
Walker & Dunlop Adds Two to NYC Capital Markets Team
Walker & Dunlop hired Sean Reimer as a managing director and Michael Stepniewski as a senior director in its capital markets group. Based in the New… Read more
Boutique Greenpoint Rentals Lease Up in Less Than Four Weeks
Caspi Development said The West in Greenpoint, Brooklyn has been fully leased after less than four weeks on the market. The 22-unit boutique apartment… Read more
HSBC Will Exit Mass Market Banking Business in U.S.
HSBC Holdings, with U.S. headquarters in Manhattan, will exit its U.S. domestic mass market retail banking business to focus on… Read more
Bakery Chain Comes to Midtown for First U.S. Location
Wolkonsky Bakery & Café will establish its first U.S. location at Jack Resnick & Sons’ 8 W. 40th St. in Midtown’s Bryant Park neighborhood. The bakery… Read more
Avison Young Lists UES Portfolio Through Ten-X
The Tri-State Investment Sales Group for Avison Young announced a June 21 deadline to submit bids through the Ten-X platform for a commercial… Read more
Clothing Store Signs Leases on Staten Island and in Manhattan
CBRE recently completed two new retail leases for Patterns & Dots, a clothing store specializing in affordable women’s clothing. The… Read more
Newmark Closes Sale of New Rochelle Student Housing to W. P. Carey
Newmark arranged the $26-million sale of 26 Locust Ave., a 94-unit student housing complex in the Westchester County community of… Read more
NYS Makes $3.5B Available in Relief for Renters, Small Businesses
The Cuomo administration is providing $3.5 billion in assistance for renters and small businesses experiencing financial hardship due to the… Read more