New York
Blackstone Expands Footprint at Longtime 345 Park Ave. Headquarters
Blackstone, a longtime tenant at the Rudin Family’s 345 Park Ave., is expanding its presence at the Midtown tower by… Read more
Development Opportunity Trades in Bronx’s Mount Eden Neighborhood
Ariel Property Advisors arranged the sale of 1414-1424 Cromwell Ave. in the Mount Eden neighborhood of the Bronx. The building,… Read more
More Data Centers Are in the Works for 2021
Arizton Advisory & Intelligence shared how COVID-19 has impacted global data center cooling in its recent market report. The data… Read more
Streaming Content Boosts Demand for NYC Film Studio Space
As demand for streaming video content has reached new highs, so has the need for high-quality film studio space, according to a… Read more
NYC Restaurants May Expand to 50% Indoor Capacity Next Week
Indoor dining capacity in both New York City and New Jersey will expand to 50% beginning March 19, New York… Read more
Paceline Acquires Retail Condo in SoHo
An affiliate of Dallas-based Paceline Equity Partners acquired the retail cooperative space at 106 Spring St. in SoHo. The acquisition… Read more
VTS Broadens Offering with Rise Buildings Acquisition
VTS entered into an agreement to acquire Rise Buildings, the property operations and tenant experience technology company used by Blackstone, Hines… Read more
Alpha Realty Lists Quartet of Buildings in East Harlem, Outer Boroughs
Alpha Realty’s Lev Mavashev has been retained to arrange the sales of 167 E. 102nd St in Northern Manhattan, 627… Read more
CityLine Sunnyvale Inks More Retail Tenants
CityLine Sunnyvale continues to fill retail space, including a recently executed lease with City National Bank for an approximately 3,250-square-foot… Read more
LIC Condo Tower Opens Transit Improvements to Public
Along with making a mark as Queens’ tallest building, Skyline Tower is also enhancing the Long Island City transit experience through a… Read more
B6 Adds Its Capital Advisory Director to NJ Team
B6 Real Estate Advisors has approximately 500,000 square feet in property listings across Hudson and Union Counties in New Jersey, totaling $75 million in value. Because of the rapid growth of B6’s presence and… Read more
Yardi Matrix: Renter Demand for Apartments Held Up in Pandemic
Renter demand for apartments remained strong nationally in 2020, the pandemic notwithstanding, Yardi Matrix reported. Around 252,000 apartment units were… Read more
NY State Expands COVID Vaccine Eligibility
New York State on Tuesday expanded COVID-19 vaccine eligibility, with all New Yorkers age 60 and older will eligible to… Read more
Former Silverstein Properties General Counsel Joins Cozen O’Connor
Law firm Cozen O’Connor has hired former Silverstein Properties EVP and GC Jonathan W. Knipe in its real estate practice. Knipe has spent… Read more
Jenner & Block Joins Other Legal Tenants at Durst Tower
Jenner & Block LLP signed a 15-year lease for 66,935 square feet on four floors of the Durst Organization’s 1155… Read more
JLL Team Markets Contiguous Upper West Side Brownstones
JLL Capital Markets has been retained to sell 59-61 W. 70th St., two contiguous multifamily brownstones located on Manhattan’s Upper… Read more
TerraCRG Closes Sale of Property in East New York O-Zone
TerraCRG closed on the $2.5-million sale of a 13,500-square-foot commercial property at 555 Liberty Ave. in East New York. Dan… Read more
Trumbull Apartments Sell for $82M with Value-Add Component
CBRE closed the $82-million sale of The Royce at Trumbull, a 340-unit Class A multifamily community in Trumbull, CT. The… Read more
Liquidity Declines Y-O-Y in Most Global CRE Markets
Commercial property market liquidity as 2020 ended was below year-ago levels in 126 out of 155 markets worldwide, Real Capital… Read more