New York
Manhattan Retail Seeing Signs for Optimism
Manhattan’s retail market is finally seeing the light at end of the tunnel with the reopening of indoor dining, malls, arts… Read more
Marshall Field’s Warehouse Redevelopment Seeks Equity Partner
New York City-based Knickpoint Ventures is seeking a joint venture partner to invest in the Fields, a $191-million redevelopment of… Read more
Long-Established Shell Station Hits the Market in Morris Park
Cushman & Wakefield has been hired to sell a 9,210-square-foot gas station and convenience store at 2100 Williamsbridge Rd. in… Read more
L+M Converts Queens Affordable to Permanent Financing
L+M Development Partners converted Beach Green Dunes II, a mixed-use residential development in the Edgemere neighborhood of Queens, to permanent… Read more
REBNY Sees Cause for Concern in New State Budget’s Tax Increases
The Real Estate Board of New York found cause for both applause and concern over New York State’s newly enacted… Read more
Capital Markets Veterans Launch Advisory Firm Geared to Sale-Leasebacks
A team of experienced investment bankers and real estate and M&A professionals has formed SLB Capital Advisors, a real estate advisory firm… Read more
Webb & Brooker Chairman Eugene Webb Passes Away at 102
Eugene H. Webb, co-founder and longtime chairman of Webb & Brooker, Inc., has died at age 102. Chairman emeritus at… Read more
Dimon: Chase Will “Significantly Reduce” Office Requirements, But Committed to Building New Headquarters
JPMorgan Chase plans to “significantly reduce” its global office requirements while reconfiguring layouts, chairman and CEO Jamie Dimon wrote Wednesday… Read more
Lee NYC Arranges Larger Space for Construction Management Firm
Lee & Associates NYC LLC arranged a new 10-year lease for Holt Construction Corp, an established full-service construction management and general contracting firm. The company will… Read more
Bronx Apartments Trade in Off-Market Deal
Alpha Realty arranged the sale of 1580 Edison Ave. in the Bronx. The four-story apartment building consists of 27 apartments… Read more
Katz’s DePasquale Arranges Five Leases in Three Boroughs
Daniel D. DePasquale, director, Katz & Associates, has closed five recent leasing deals in New York City. He has two signed leases… Read more
SJP Bolsters Property Management with Promotion, New Hire
SJP Properties deepened its leadership team with a promotion and hiring within its property management platform. Barbara Quintana was promoted to… Read more
Last Chance: Nominate a Rising Star for Our Fifth Annual Next Generation Awards
Connect Media’s fourth annual Next Generation Awards in 2020 shone a light on more than 100 of commercial real estate’s… Read more
KanAm Grund Snags Medical Office Building in Downtown Boston
German investment firm KanAm Grund has acquired a 52,337-square-foot medical office building located at 147 Milk St. in downtown Boston.… Read more
GiGstreem Raises $50M to Deploy Multifamily WiFi in 15 U.S. Markets
New York City-based gigabit internet service provider GiGstreem has secured a $50-million investment from Crestline Investors to support its continued growth… Read more
Avison’s Tri-State Team Markets Nolita Storage Facility
Recent Top Broker Award honorees, the Tri-State Investment Sales Group for Avison Young has been engaged to sell a Class A self-storage… Read more
Wharton Equity Hires COO as Company Scales Platform Businesses
Wharton Equity Partners hired Ronald Uretta as COO. Uretta will report directly to founder and chairman Peter C. Lewis in the… Read more
Conway Capital Closes on Two Park Slope Rental Deals
Conway Capital has closed on the $7.9-million purchase of two mixed-use buildings in Park Slope located across the street from one… Read more
Manhattan Sublease Inventory Nears 21st Century High
Both direct and sublease space continued flooding the Manhattan office market in the first quarter, increasing overall availability to 17.2%,… Read more