New York
Family-Owned East Village Properties Find New Owners
Avison Young’s New York City office closed the sale of two four-story residential properties in the East Village. 349 E.… Read more
SL Green Sells Tower 46 Stake to Brookfield
SL Green Realty Corp, has agreed to sell its 25% interest in the commercial condominium units at 55 W. 46th St.,… Read more
MTA Will Partially Restore Overnight Subway Service
The Metropolitan Transportation Authority will partially restore overnight service on the New York City Subway, pending continued positive trends in… Read more
NYC Investment Sales See “Encouraging” Pickup in 2020’s Second Half
New York City investment sales experienced moderate increases in both sales volume and transactions during the second half of 2020… Read more
TX Exporters Fare Better Than Those in Other States
In a year of unmatched economic decline, unprecedented job losses and thousands of business closures, Texas exporters were not spared… Read more
Vornado, Trump Organization May Part Ways
His second impeachment trial behind him, former President Donald Trump is facing a threat to his real estate empire’s single… Read more
Anton Group Markets Crunch Fitness Retail Condo
The Anton Group at Marcus & Millichap, as advisor to ownership, is marketing the condominium interest in two commercial condos… Read more
KPFF Spearheads Adaptive Reuse Projects
KPFF Consulting Engineers has recently spearheaded three adaptive reuse projects, transforming old building structures in both Manhattan and the Bronx.… Read more
Ariel Arranges Financings in Manhattan, Boroughs
Ariel Property Advisors closed out 2020 and began 2021 with a series of financings across the U.S., including deals in… Read more
Silver Creek Snaps Up Super-Regional Michelin Warehouse
JLL Capital Markets arranged acquisition financing for a two-million-square-foot super-regional distribution facility fully occupied by Michelin North America along the I-55… Read more
JLL Arranges Refi of Self-Storage Portfolio
JLL Capital Markets arranged a refinancing of a four-property self-storage portfolio totaling 3,846 units on Long Island and in Westchester County,… Read more
Valentino Leases on Spring Street for First SoHo Store
Newmark has arranged a new 8,718-square-foot lease for Valentino at 135 Spring St., the luxury retailer’s first SoHo store. The new store’s lease spans 4,424 square feet… Read more
Andrea Olshan Will Be Next CEO of Seritage
Seritage Growth Properties named Andrea Olshan CEO and president, effective March 16. Olshan is currently CEO of the family-owned Olshan… Read more
Brookfield/Silverstein Team to Develop Fifth World Trade Tower
A partnership led by Brookfield Properties and Silverstein Properties will launch exclusive negotiations for the development of a mixed-use tower… Read more
B6 Markets Full-Block Queens Portfolio
B6 Real Estate Advisors has been retained to sell a portfolio of four buildings, located in Briarwood, Queens, on the market… Read more
Bedford Park Resi Project Lands Construction Loan
Kathy Anderson of Progress Capital secured a $14,525,000 construction/permanent mortgage for a multifamily project at 3160-3166 Villa Ave. in the… Read more
NYC Residential Sales Post Big Quarterly Gains
New York City’s total residential sales volume and total residential transactions increased significantly in the final quarter of 2020, according… Read more
Amazon Adds Nearly 500K SF to NYC Warehouse Space
Amazon is expanding its industrial footprint in New York City again, Crain’s New York Business reported. The retailer will open a 336,350-square-foot delivery station at 640 Columbia St.… Read more
Ariel Lists 319K-SF Ossining Site
Ariel Property Advisors has listed 34 State St., a 319,000-buildable-square-foot, fully entitled development site in the Westchester County community of… Read more