New York
Cuomo Proposes Extending Protections for Commercial, Residential Tenants
New York Gov. Andrew M. Cuomo said Friday he would introduce legislation to extend the state’s current eviction moratorium on… Read more
Apartments Change Hands in Bronx’s Belmont Neighborhood
Alpha Realty closed the $3,200,000 sale of a mixed-use building located at 2383 Washington Ave. in the Belmont section of… Read more
East West Development Markets LIC Site for $64M
Queens developer East West Development is looking to sell a 51,411-square-foot Qualified Opportunity Zone development site for $63.5 million, hiring HKS Real Estate Advisors’ Peter Carillo to… Read more
Marcus & Millichap Lists “Once-in-a-Generation” FiDi Parcel
Marcus & Millichap has listed 8 Carlisle St., an 11,208-square-foot development site in Manhattan’s Financial District. The price is open… Read more
Rock Group’s First Manhattan Condo Tower Launches Closings
Closings have begun at Rose Hill, Rockefeller Group’s first luxury residential tower in Manhattan. Located at 30 E. 29th St. between Park… Read more
Greystone Furnishes $59M in FHA Loans on Northern Manhattan Assets
Greystone provided a total of $59 million HUD-insured financing for a portfolio of three Section 8 multifamily properties consisting of… Read more
JLL Launches National SFR Team
With single-family rental (SFR) housing, comprising 16 million housing units in the U.S., continuing to drive institutional investor interest, JLL Capital… Read more
Cresa Reps Law Firm in Move to SL Green Tower
Cresa’s Peter Sabesan and Nicholas B. Markel have arranged new offices for Ballon Stoll Bader & Nadler, P.C. at SL Green Realty… Read more
CushWake Advises DH on Staten Island JV
Cushman & Wakefield advised DH Property Holdings LLC in the capitalization of 1900 South Ave., a 44-acre development site zoned… Read more
Realterm, JPMorgan Team on 28-Market Logistics Portfolio
(Updated with additional information) Realterm and J.P. Morgan Asset Management (JPAM) entered a joint venture to acquire a 1.75-million-square-foot logistics portfolio… Read more
CushWake Arranges Debt for Meatpacking Offices
Cushman & Wakefield arranged $116 million in acquisition financing for the purchase of the leasehold interest in 860 Washington St.,… Read more
Cuomo Seeks to Legalize Online Sports Betting
Gov. Andrew M. Cuomo on Wednesday said he would introduce legislation to authorize mobile sports wagering as part of the 2021 State… Read more
JLL Veteran Jim Wenk Joins Savills in Midtown
Jim Wenk has joined Savills in Manhattan as vice chairman, also joining its North American board of directors. Wenk, who previously… Read more
Barone Taps CrowdStreet to Fund Queens Charter School Project
Barone Management is developing a four-story, 67,286-square-foot charter school in the Elmhurst section of Queens. Friends of the Renaissance Charter Schools,… Read more
Affordable Seniors Project Lands Construction Financing
Douglaston Development, along with New York State Homes and Community Renewal and the New York City Department of Housing Preservation… Read more
Related Pays Reported $424M for Section 8 Towers
Related Fund Management has acquired 265 – 275 Cherry St., two 26-story Section 8 affordable towers with 490 units in… Read more
Urban Edge Snags LI Mall for Redevelopment
Urban Edge Properties acquired Sunrise Mall in Massapequa, NY from Unibail-Rodamco-Westfield for $29.7 million, plus up to $6 million of additional contingent consideration. The 1.2-million-square-foot… Read more
Dirt Moves on Multistory Brooklyn Warehouse
Construction is underway for a multistory distribution center at 640 Columbia in Brooklyn. Ware Malcomb is providing architectural design services for the… Read more
SL Green Secures $360M Refi on 100 Park Ave.
Cushman & Wakefield advised SL Green Realty Corp. and its joint venture partner in the $360-million refinancing of 100 Park Ave., a… Read more