New York
Developer Sheldon Solow, Known for Striking Architecture, Dies Age 92
Sheldon Solow, a Brooklyn-born developer best known for the 50-story 9 W. 57th St. in Midtown Manhattan, has died, Bloomberg… Read more
7-Eleven Expands Manhattan Presence
Katz & Associates is helping 7-Eleven grow its Manhattan footprint. Katz’s Scott Sher represented 7-Eleven for three new Manhattan locations,… Read more
H Equities Arranges Debt and Equity for SFR Assets
H Equities, a Brooklyn-based private lender, has provided $8.125 million of debt and equity financing for the acquisition of a sub-performing loan… Read more
CushWake Markets Retail Portfolio in Forest Hills
Cushman & Wakefield is marketing the Austin Street Portfolio, a five-building retail assemblage totaling 20,000 square feet on one of… Read more
Hines Breaks Ground in Sleepy Hollow
Hines and investment partner MetLife Investment Management launched construction of NorthLight at Edge-on-Hudson, a Class-A multifamily project in Sleepy Hollow, NY… Read more
Paramount Board Rejects Bid from Bow Street
Shares of Paramount Group traded higher on Tuesday after the Midtown Manhattan-based REIT said its board of directors had rejected… Read more
Sapir Corp. Names Elad USA’s Sharon Raz as CEO
Sapir Corp Ltd., a Tel Aviv-based firm with holdings in Miami and Manhattan, appointed Sharon Raz as its next CEO. Raz currently… Read more
SL Green Closes on $1.25B Financing for One Madison
SL Green Realty Corp and its joint venture partners, the National Pension Service of Korea and Hines, have closed on… Read more
ESRT Lines Up $180M Mortgage on Midtown Tower
Empire State Realty Trust (ESRT) has closed on a $180-million mortgage loan for 250 W. 57th St., a 542,000-square-foot office and… Read more
JLL Markets Mixed-Use Harlem Property
JLL Capital Markets was selected to market 173 E. 120th St., a 9,050-square-foot mixed-use property located at the border of… Read more
Lexington Realty Divests Stake in Dow Chemical’s Lake Jackson Offices
Single-tenant REIT Lexington Realty Trust sold its interest in the Dow Texas Innovation Center in Lake Jackson for $192 million.… Read more
CushWake Brokers $68M Sale of Smyrna Apartment Property
Cushman & Wakefield has arranged the $68.2 million sale of The Eddy at Riverview Landing, a 310-unit apartment community in… Read more
Co-Living’s Success is Market-Agnostic
Leading indicators point to continued demand from co-living’s young, target demographic despite the ongoing public health and economic crisis, Cushman… Read more
Danny Meyer’s Union Square Events Joins Industry City Roster
Union Square Events (USE) is coming to Industry City, owned by Belvedere Capital, Jamestown, and Angelo, Gordon & Co. The… Read more
BOMA NY Panelists Talk Decarbonization Through Electrification
By BOMA New York Chapter The October edition of BOMA New York’s virtual Lunch and Learn webinar attracted over 225… Read more
REBNY: City and State Have Lost $1.4B in RE Tax Revenues
Investment and residential sales volume declined 34% year-over-year in New York City, while tax revenue from those sales declined 57%… Read more
Public Art Display Comes to 375 Hudson
Hudson Square Properties, a joint venture of Trinity Church Wall Street and Norges Bank Investment Management with Hines as operating… Read more
CBRE Team Closes Hauppauge Sale
The CBRE team of Jeffrey Dunne, Jeremy Neuer, Gene Pride, Steven Bardsley, David Gavin and Eric Apfel closed the sale… Read more
New U.S. Jobless Claims Fall to Lowest Level Since Pandemic Started
The number of American’s filing initial claims for unemployment dropped to 709,000 in the week ending November 7th. The Labor… Read more