New York
Hope Street’s 98 Front St. Passes 50% Sales Threshold
Hope Street Capital’s 98 Front St., DUMBO’s newest ground-up condominium, has opened its doors to its first residents with more… Read more
NYC Will Establish Four Biotech R&D Facilities
The de Blasio administration on Thursday announced four winners of infrastructure grants totaling $38 million as a part of LifeSci NYC,… Read more
Midtown Office Owner Secures Refi Loan
Urban Standard Capital (USC) has provided a $20-million refinance loan to Meyer Equities, the longtime owner of 265 W. 37th St., to facilitate a partner buyout and pay for… Read more
International Supermarket Renews with ESRT
Ernest Klein & Co. Gourmet Foods, an international neighborhood supermarket, renewed its lease at Empire State Realty Trust’s 77 W.… Read more
Ariel Lists High-End Apartments in Riverdale
Ariel Property Advisors has listed 536 Kappock St., a 12,000-square-foot, six-story, high-end elevator residential building in the Bronx’s Riverdale neighborhood.… Read more
NYC Industrial Enjoys “Robust” 2020, Despite Q4 Slowdown
Industrial leasing volume across New York City lost some momentum in the fourth quarter, with just over 870,000 square feet… Read more
MMCC Arranges $34M Refi on Williamsburg Multifamily
Marcus & Millichap Capital Corporation (MMCC) has arranged a $34.4-million, interest-only bridge loan to refinance a 117-unit multifamily property and… Read more
Praedium Group Snags 312-Unit MF Property in Plantation
New York City-based national real estate investment firm Praedium Group has acquired Gatehouse on the Green, a 312-unit multifamily community… Read more
Transwestern Brokers 125K SF of Bronx Leases for Charter School Network
Transwestern Real Estate Services and Democracy Prep Public Schools (DPPS) arranged two transactions totaling 125,000 square feet to support the charter… Read more
Lee NYC Markets MOB Portfolio on Long Island
Lee & Associates NYC has been retained as the exclusive broker to market for sale a six-property Long Island medical… Read more
$1B 425 Park Ave. Tower Nears Completion
L&L Holding Company’s 425 Park Ave., the first full-block office tower to be completed along this stretch of Park Avenue in… Read more
Law Firm Expands Footprint at Houston’s Wells Fargo Plaza
Susman Godfrey, LLP has grown its Houston office with a lease expansion at Wells Fargo Plaza, a 71-story office building located… Read more
Housing and Light Manufacturing Eyed for Vacant Red Hook Warehouse
DRAW Brooklyn, led by longtime Red Hook resident Alexandros Washburn, announced plans for the Model Block redevelopment project. It aims… Read more
Urbanspace Will Bring Food Hall to GFP’s 100 Pearl
Food hall and marketplace curator Urbanspace signed a 14,722-square-foot lease at 100 Pearl St. in Lower Manhattan’s Financial District. The lease marks… Read more
Paramount Completes $103M Sale of DC Office Property
New York City-based real estate investment trust Paramount Group has completed the $103 million sale of 1899 Pennsylvania Avenue, a… Read more
Cuomo Pushes for $51B Buildout of Midtown West
Gov. Andrew Cuomo mapped out a $51-billion buildout of Manhattan’s Midtown West in his annual State of the State message.… Read more
Flatiron/Union Square Leads Manhattan for Q4 Retail Leasing
Retail leasing velocity in Manhattan decelerated in the fourth quarter of 2020, marking the sixth consecutive quarterly decline, according to the… Read more
Berkadia Arranges Deal for Garden Apartments in Dallas
Berkadia arranged the sale of, and secured financing for, Plum Meadow, a 270-unit garden-style multifamily property in Dallas. Thomas Burns, Jay… Read more
Camber Tops Out on Affordable Project in Bronx’s West Farms Section
Camber Property Group (CPG) and Westhab recently topped out at 913 E. Tremont Ave., a 100% affordable rental development in… Read more