New York
Midtown South’s Textile Building Set for $350M Redevelopment
Tribeca Investment Group (TIG), PGIM Real Estate and Meadow Partners jointly announced plans for the $350-million redevelopment of the 700,000-square-foot… Read more
Radancy Will Relocate Headquarters to One Battery Park Plaza
The Rudin Family and partner Allianz Real Estate of America said global talent technology firm Radancy is relocating its corporate headquarters to One… Read more
Former EDC Head James Patchett Assumes CEO Role at A&E
James Patchett, previously president and CEO of the New York City Economic Development Corporation (EDC), is joining A&E Real Estate… Read more
Extell on Track to Match Q1’s $260M in New Contracts This Month
Extell Development Company said it signed more than $260 million in new contracts throughout its for-sale residential developments during the first quarter.… Read more
Repositioned LIC Flex Property Lands $51M Financing
Cushman & Wakefield advised a joint venture of North River Company (NRC) and North Colony Asset Management in obtaining $51,000,000… Read more
NYC Launches RFP for Pandemic Response Institute
The de Blasio administration released a Request for Proposals seeking partners to launch and operate the Pandemic Response Institute (PRI),… Read more
Sweetgreen Will Open in Google-Anchored Hudson Square Property
Healthy fast-casual restaurant sweetgreen is opening a new location at Jack Resnick & Sons’ 315 Hudson St., a 500,000-square-foot office building in… Read more
Fifth Avenue Retail Trades for $45M
Adelaide Polsinelli, vice chairman of Compass, and Michael Coghill, president of Adirondack Capital Partners, have sold a retail property at… Read more
Largest Habitat for Humanity Multifamily Project Opens in the Bronx
Habitat for Humanity New York City (Habitat NYC) and the Almat Group marked the opening of Sydney House in the Williamsbridge neighborhood… Read more
Alpha Realty Markets Williamsburg Rentals
Alpha Realty has been retained to arrange the sale of 265 South 2nd St., a residential property in the Williamsburg… Read more
PGA Tour Superstore Places Flagstick in Five New Locations
The PGA Tour Superstore plans to open at least five new stores in 2021.The new locations slated for New York,… Read more
Dodge Data to Combine with Blue Book Building & Construction
Two of the construction industry’s oldest and most venerated data sources have agreed to merge. Dodge Data & Analytics, headquartered… Read more
Kimco-Weingarten Merger Will Create $20.5B REIT
Kimco Realty Corp., based in Jericho, NY, and Houston-based Weingarten Realty Investors have agreed to merge, with Kimco continuing as… Read more
Newly Opened Taco Bell Flagship Combines Experiential with Digital
Taco Bell recently opened a flagship Cantina restaurant at the Paramount Building in Times Square, the 20th New York City… Read more
Why Smart Package Rooms are the New Must-Have Apartment Amenity
By Mo Cheema It’s an understatement to say that the COVID-19 pandemic has dramatically changed consumers’ buying preferences, shifting them… Read more
NYC Launches $1.5B Climate Resiliency Project
Major construction activities have begun on East Side Coastal Resiliency (ESCR), a $1.45-billion climate resiliency project that will extend flood… Read more
Cresa Adds Former WeWork Director as Head of Portfolio Strategy
Cresa has added Ashkahn (Ash) Pajoohi as principal, head of portfolio strategy and consulting, based in Manhattan. He will both lead and be… Read more
Minford Snaps Up Bronx Apartments
215 McClellan St., a 35-unit residential property with three commercial retail spaces, has traded for $3.95 million. Minford Associates acquired… Read more
Lendlease Commences Abatement at Greenpoint Development Site
Lendlease has commenced abatement and demolition at 1 Java St., a 2.6-acre site on the Greenpoint waterfront in Brooklyn. Acquired… Read more