New York
Meridian Closes Sale of Two Brooklyn Apartment Assets
Meridian’s Adam Hess and Edward Setton recently sold 558 11th St. and 269 Prospect Pl., two multifamily properties in Brooklyn’s… Read more
BEB Capital Adds Chief Legal Officer
Real estate development and lending firm BEB Capital, based in Port Washington, NY, has appointed Andrew B. Levine to serve… Read more
BentallGreenOak Adds Carlyle’s Metropolitan Real Estate to Platform
BentallGreenOak has agreed to acquire Metropolitan Real Estate Equity from The Carlyle Group. Terms weren’t disclosed. The deal adds Metropolitan’s… Read more
CBRE Completes Quartet of Leases at 55 Broadway
CBRE recently completed four offices leases at 55 Broadway totaling 40,944 square feet, including two new leases, an expansion, and a renewal.… Read more
Extell Launches Closings at Central Park Tower
Extell Development Company said Thursday it had commenced closings at Central Park Tower, reportedly the world’s tallest residential building at 1,550… Read more
TRS Arranges 85K-SF Leasehold for Queens Charter School
Transwestern Real Estate Services (TRS) represented Central Queens Academy Charter School (CQA) in an 85,000-square-foot transaction for a new school to be… Read more
State Comptroller: Arts & Recreation NYC’s Hardest-Hit Industry
New York City’s arts, entertainment and recreation industry took the biggest hit of any employment sector in the city as… Read more
$35M Finances Flatiron District Self-Storage Project
JLL Capital Markets recently arranged $35.1 million in financing for the redevelopment of 41-47 E. 21st St., a parking facility… Read more
Accounting Firm Leases Full Floor at 575 Lex
The ownership of 575 Lexington Ave., led by George Comfort & Sons, has signed Hertz Herson CPA LLP to a new 12-year, 9,763… Read more
Kosher BBQ Restaurant Establishes First Manhattan Location
Colliers International secured a 10-year lease for award-winning restaurant Izzy’s BBQ Smokehouse at 660 Amsterdam Ave. on Manhattan’s Upper West Side.… Read more
USC Closes Brooklyn Heights Loan in Four Days
Abe Cohen, grandson of the Conway Stores co-founder of the same name, has closed on a $2.3-million acquisition loan for… Read more
HSBC Plans to Shrink Global Office Footprint by 40%
HSBC plans to cut its office footprint by 40% globally over the long term as part of a cost-cutting drive… Read more
Douglaston Tops Out on 60-Story Resi Tower in West Chelsea
Douglaston Development topped out construction at 601 W. 29th St., a 60-story mixed-use residential development spanning an entire block on Eleventh… Read more
Macy’s Beats Expectations with Q4 Results
Macy’s, Inc. on Tuesday reported its first quarterly profit in a year as fourth-quarter performance exceeded expectations. However, for the… Read more
Mixed-Income Project Advances in Harlem
Construction is progressing at Marcus Garvey Village, a 300,000-square-foot, 18-story mixed-income, multifamily project with 330 residences at 209 Adam Clayton Powell Blvd.… Read more
Moinian Markets Luxury Rentals in Bed-Stuy
The Moinian Group is bringing to market Fulton Crossing, a new ground-up luxury residential project made up of two buildings located at… Read more
NY Investor Acquires Petco Facility in Rhinelander
CBRE arranged the sale of a 179,000-square-foot Petco distribution and office center in Rhinelander, WI. The property, located at 2253 Airpark… Read more
NYC Movie Theaters Cleared for March 5 Reopening
Dark since last March although their counterparts in other parts of the state have reopened, movie theaters in New York… Read more
Caspi Tops Out at First Barrière Hotel in U.S.
Caspi Development topped out 456 Greenwich St. in Tribeca, the future home of the 96-key Hotel Barrière Le Fouquet’s New York. It’s… Read more