New York
U.S. Governors Call for Priority on Zero Emission Vehicles
Gov. Gavin Newsom joined a bipartisan group of 12 U.S. governors calling for the Biden Administration to create a path… Read more
Meridian’s Helen Hwang Lists East Midtown Apartment Property
Meridian Capital Group’s Institutional Investment Sales Group, led by Helen Hwang, has been appointed to sell The Centra, a 164-unit… Read more
Merchants Capital Closes HDC Risk Share Loan on Harlem Seniors Housing
The New York office of mortgage banking company Merchants Capital closed an $18.2-million Housing Development Corporation (HDC) Fannie Mae Risk Share loan for… Read more
Lument Arranges Agency Financing on Brooklyn Portfolio
Lument recently arranged three agency transactions totaling $18.5 million for multifamily communities in Brooklyn. Working with an experienced sponsor, Lument closed a $3-million Freddie Mac… Read more
Greystone Provides $25M Refi on Yonkers SNF
Greystone provided a $24.9-million HUD-insured loan to refinance a 120-bed skilled nursing facility in Yonkers, NY. The financing was originated by… Read more
SL Green and Partners Line Up $2.25B+ Refi on One Vanderbilt
SL Green Realty Corp. said it had arranged a refinancing on the new office tower at One Vanderbilt Ave. in… Read more
NYC Readies Marketing Blitz to Bring Tourists Back
NYC & Company, the city’s tourism and convention marketing arm, unveiled on Wednesday “NYC Reawakens,” a new communications initiative to signal… Read more
Avenue Bellevue $700M Financing Ranks in Top Percentile
Avenue Bellevue LLC in partnership with Fortress Development has secured financing for its flagship project, a two-tower luxury condo, hotel… Read more
West Village Apartments Trade in Off-Market Deal
78-80 Christopher St. in the West Village has traded in an off-market transaction brokered by Alpha Realty’s Lev Mavashev and… Read more
Seritage Will Reorganize Operations Following Review
Seritage Growth Properties said Wednesday it would reorganize its operations following an initial asset-by-asset analysis led by its recently appointed… Read more
Park Slope Apartments and Adjacent Lot Go Up for Sale
ARG has been named the exclusive sales agent for 287-295 Prospect Ave., a 52-unit multifamily property in the Park Slope… Read more
Multifamily Webcast hosted by Institutional Property Advisors (IPA): Apartment Fundamentals Healthy, Likely to Get Boost from Surging Job Growth
With their outlays historically under-allocated to commercial real estate generally, institutional investors’ focus on the apartment sector will, if anything,… Read more
NYS Comptroller: MTA Can’t Fully Fund $55B Capital Program
With a $2.9-billion budget hole, the Metropolitan Transportation Authority doesn’t have the resources to fully fund its $54.8-billion 2020-2024 capital… Read more
Avison’s NY Investment Sales Group Markets Greenwich Village Parcel
The New York Investment Sales group for Avison Young has been tapped to market 519-527 Ave. of the Americas, a corner lot… Read more
Thor and QuadReal Sign Two Tenants in Fulton Market
Thor Equities Group and QuadReal have secured leases with Teknion and Zeppola Bakery for more than 23,000 square feet at… Read more
SJP Names New Leasing and Marketing SVP
Alexander Erdos has joined SJP Properties as SVP — leasing and marketing. He’ll work directly with SJP CEO Steve Pozycki to oversee… Read more
Lee NYC Brings “Urban Dog Retreat” to Lenox Hill
Lee & Associates NYC has arranged a 10.5-year lease for Buddy’s Dog Den in former AKC Canine Retreat space at 1105 First Ave., between East… Read more
Package Free Moves Warehousing Space to Industry City
Package Free, a collective of sustainable consumer goods products, has relocated its direct-to-consumer, zero-waste warehousing space to Industry City in… Read more
Marcus Partners Increases Roles for Principals Ryan McDonough and Patrick Sousa
Boston-based real estate investment, management and development firm Marcus Partners has announced the promotion of two principals to key leadership… Read more