New York
WatermanCLARK Assumes Property Management at 444 Madison
WatermanCLARK and Westbrook Partners have formed a strategic relationship that includes WatermanCLARK assuming all property management responsibilities and construction management… Read more
REBNY Promotes Two to SVP, Adds Diversity Department
The Real Estate Board of New York (REBNY) on Thursday announced three additions to its leadership team and the creation… Read more
Anecdote Candles Consolidates Operations into Liberty Bklyn
Madison Capital and Salmar Properties have closed a lease with new tenant Anecdote Candles for 7,200 square feet of multipurpose… Read more
LIHC, Silver Street Garner $71M Financing for Tuckahoe Low-Income Apartments
LIHC Investment Group and Silver Street Development Corporation secured $71 million in financing to acquire and preserve Marble Hall Apartments, a… Read more
Marcus & Millichap Arranges Sale of 672-Unit South Carolina MF Portfolio
Marcus & Millichap has arranged the sale of a four-property, 672-unit multifamily portfolio in Columbia, S.C. The sales price was… Read more
Klövern, GDSNY Expand Midtown Development Site with “Add-On Acquisition”
Development partners Klövern AB of Sweden and New York-based GDS Development Management (GDSNY) have acquired 407 Park Ave. within the… Read more
SoHo Rental Project is First Investment for Columbia Pacific Fund
Seattle-based Columbia Pacific Advisors has launched the Columbia Pacific Recovery Fund to provide capital to real estate owners and developers affected by… Read more
SLR Capital Renews, Expands at 500 Park Ave.
JLL completed a 28,165-square-foot lease at 500 Park Ave. in Midtown Manhattan for SLR Capital Partners. A leading commercial finance… Read more
Two-Tower East Harlem Project Lands Construction Debt
Cushman & Wakefield advised affiliates of Certes Partners, the Hakimian Organization and Red Pine Capital Partners in arranging approximately $59,400,000… Read more
Visionary Architect Art Gensler Passes Away
Art Gensler, an architect and visionary who propelled a small practice into one of the largest firms in the industry,… Read more
Brooklyn’s Kings Highway Plaza Opens First Three Tenants
Kings Highway Plaza, located at 5200 Kings Hwy. in East Flatbush, Brooklyn, recently celebrated the grand opening of Target, Five… Read more
Lantern RE Secures Acquisition Loan on Port Chester Apartments
Lantern Real Estate secured a $24.2-million loan for the acquisition of The Mariner, a 100-unit residential property at 21 Willett… Read more
Macy’s Recommits to Building Office Tower Above Herald Square Flagship
Having put the project on the back burner during the pandemic, Macy’s Inc. has renewed its commitment to building an… Read more
120 Broadway, 485 Lex Win BOMA Mid Atlantic TOBY Awards
Two New York City buildings and their respective owner/manager teams have won the prestigious BOMA Mid Atlantic Conference TOBY Award at the… Read more
Future Home of Mt. Sinai Wellness Center Lands $44M Financing
Cushman & Wakefield advised affiliates of Park-It Mgmt, Inc. in arranging $44,000,000 for the construction financing of 160 W. 124th St.,… Read more
Newly Minted Eastern Union Broker Closes $32M Loan
With less than a year on the job, 20-year-old Joseph Sasson, a commercial real estate loan originator with Brooklyn-based Eastern Union, closed a… Read more
Elion Acquires Four Logistics Assets for $216M
Within the past two months, Elion Partners acquired four last-mile logistics assets totaling 864,000 square feet for $216 million. The… Read more
REBNY: Proposed Construction Reaches 10-Year Low
A new analysis of city data by the Real Estate Board of New York (REBNY) found that total square footage… Read more
Belveron Adds Affordable Housing Finance Veteran in NYC
Jeremy Levkoff was recently named director/VP, portfolio + investment strategy at Belveron Partners, based at the firm’s Midtown South offices. He… Read more