New York
La Central Project Signs Four Tenants in Melrose
The Hudson Companies signed four new tenants in La Central, its affordable housing development at 556 and 600 Bergen Ave.… Read more
City Council Takes Two Bridges Plan to State’s Highest Court
The New York City Council seeks to overturn a unanimous decision by the state Appellate Division that will allow a development group… Read more
Research Firm Relocates to Carnegie Hall Tower
Melius Research has signed a long-term 6,000 square-foot lease for a brand new pre-built suite on the 6th floor at TF… Read more
NYC Slips from Top 10 for Priciest Housing Markets
For the first time, New York City has no zip codes ranking among the nation’s 10 most expensive U.S. housing… Read more
Schaumburg CVS Sells to DST Buyer
JLL Capital Markets recently closed the $5.1-million sale of a 13,180-square-foot, single-tenant retail building ground leased to CVS Pharmacy in Schaumburg,… Read more
Berkadia Secures $21M Acquisition Financing for Naples MF Property
Berkadia has secured a $20.6 million loan for the acquisition of Wild Pines of Naples, a 200-unit multifamily property in… Read more
Expedia’s Peter Kern is Bullish on a Quick Recovery for Travel
Peter Kern began his tenure as Expedia Group’s CEO in April, right around the time that large swaths of the… Read more
NYC Home Sales Rebound to Pre-Pandemic Levels
New York City home-buying in October rose to levels not seen since the spring of 2019, according to StreetEasy, which called… Read more
iBUILT Seeks to Transform Construction Process
iBUILT, a Lower Manhattan-based design-build-operate company powered by technology, has officially opend for business. The company says it has launched… Read more
Avison Young’s Korren to Lead Lease-Up Campaign for Brause
Avison Young has been hired as leasing agent for 21 W. 38th St., an 80,000-square foot, 17-floor office building located… Read more
L+M, Local 79 Reach Hiring Agreement on Affordable Projects
L+M Development Partners and Construction and General Building Laborers’ Local 79 on Thursday announced a hiring agreement in which union construction workers will… Read more
Development Package Trades in Bushwick
A development package site with 82,000 buildable square feet across three clusters has sold for $14 million in Brooklyn’s Bushwick neighborhood. B6… Read more
NY-Based Castle Lanterra Makes Two Texas Hires
New York-based Castle Lanterra Properties (CLP) has added two Texans to its acquisitions and asset management teams. Dylan Ederer, who has been… Read more
Amazon Inks Second Deal in East New York
Amazon has signed another major lease in New York City, taking 211,000 square feet in Brooklyn’s East New York neighborhood for a delivery… Read more
Engel Burman Set to Deliver Two Uniondale Projects
Engel Burman said Wednesday it expects to deliver two rental projects in the Long Island community of Uniondale, NY during… Read more
APF Taps Avison Young to Lease Office Portfolio
Avison Young was named the exclusive leasing agent for a 650,000-square-foot, three-building office portfolio in Midtown comprised of 1156 Ave. of… Read more
Midtown Manhattan’s Grace Building Secures $1.3B Refi
Fried Frank acted as counsel to a joint venture between Brookfield Office Properties Inc. and affiliates of the Swig Co.… Read more
Value-Priced Condo Build Lands Construction Financing
JLL Capital Markets arranged $17 million in construction financing for the development of 66 Clinton St., a 12-unit condominium project… Read more
Glacier Equities Closes on MF Portfolio in Bronx, Inwood
Glacier Equities, a real estate private equity firm led by Myles Horn, closed on a 255-residential unit portfolio of unsold shares… Read more