New York
Brookfield Secures Three Leases at MetroTech Center
Brookfield Properties finalized three major new and renewal leases at MetroTech Center in Downtown Brooklyn comprising 132,307 square feet of office… Read more
NYC Life Sciences Sector Records Banner Year for Leasing
In a challenging year for traditional office space users, New York City’s life sciences sector continued to be a beacon… Read more
AREAA Manhattan Installs 2021 Board of Directors
The Asian Real Estate Association of America Manhattan Chapter recently installed its 2021 Board of Directors. The installation ceremony was… Read more
Midtown Office Landlords Donate Spaces to NYS Rapid Testing Program
Following Gov. Andrew Cuomo’s announcement of the launch of the New York Forward Rapid Test Program, the Real Estate Board… Read more
Harrison Street Monetizes Ground Lease at Montefiore Hospital
Harrison Street, pursuing its P3 infrastructure strategy, today announced it has monetized the ground lease of the Jack D. Weiler Hospital… Read more
Significant Opportunities Exist Within Broader Housing Market
Värde believes there are substantial opportunities in certain segments positioned to outperform the broader U.S. housing market, which entered the… Read more
New Platforms Throw Lodging Operators a Lifeline
Call it an idea whose moment has arrived. Two high-profile organizations with deep experience in hospitality made nearly-simultaneous announcements this… Read more
Stratford Distribution Center Trades for $6M
Connecticut-based investment firm the Marsilio Group has sold a two-building, 60,353-square-foot distribution center in Stratford, CONN. The sales price was… Read more
NYC Real Estate Sales Surge in January
Investment and residential sales across New York City totaled $6 billion in January 2021, a 38% increase compared to January 2020,… Read more
St. John’s Terminal Redevelopment Installs View Smart Windows
View Smart Windows are being installed at St. John’s Terminal, the 1.3-million-square-foot commercial office redevelopment by Oxford Properties Group. Encompassing… Read more
Butler Hospitality Plans Nationwide Rollout
Butler Hospitality, a ghost kitchen network for hotels, plans a nationwide expansion for 2021. Now serving more than 40,000 keys… Read more
Litigation Specialist Joins Fried Frank’s Real Estate Team
Emilie B. Cooper has joined Fried, Frank, Harris, Shriver & Jacobson LLP as a partner in the real estate litigation… Read more
Port Authority Advances Revamp of Flushing Bay Promenade
As part of the LaGuardia AirTrain project, the Port Authority of New York and New Jersey has awarded a contract… Read more
50 Hudson Yards Tops Out at 1,011 Feet
Related Companies and its development partners Mitsui Fudosan America and Oxford Properties Group have topped out on 50 Hudson Yards… Read more
CVS Leases Two-Level Retail Space at Astor Building
CBRE represented ownership in a 19,350-square-foot retail lease at the Astor Building, 217 Broadway, with CVS Pharmacy. The drugstore chain will occupy 6,850 square… Read more
Bronx Rehabs Completed Through NYCHA’s PACT Program
The New York City Housing Authority (NYCHA) and the New York City Housing Development Corporation (HDC) announced the completion of two major rehabilitation efforts in the Bronx totaling… Read more
Amazon Comes to LIC—With Delivery Station
Amazon will open a delivery station on 21st Street in Long Island City, the neighborhood where it once planned to… Read more
Nonprofit Hires TRES to Sell Yonkers Campus
Human services organization Rising Ground has hired Transwestern Real Estate Services to sell its Leake & Watts campus in Yonkers,… Read more
JLL Promotes Gilda Perez-Alvarado to Global CEO for Hotels
Gilda Perez-Alvarado has been promoted to global CEO of JLL’s Hotels & Hospitality Group, succeeding Mark Wynne-Smith, who will continue… Read more