New York
Helmsley Spear Names James Harris Sr. Managing Director
Helmsley Spear has appointed James Harris as senior managing director of the firm. Harris has more than 35 years’ experience in… Read more
NYC Extends Outdoor Dining to Year-Round
The de Blasio administration will make outdoor dining year-round through its Open Restaurants program, which has enrolled more than 10,300… Read more
GID Opens Three-Level Amenity Center at Waterline Square
GID Development Group has opened the Waterline Club, a three-level amenity center inside Waterline Square, the three-building luxury residential development… Read more
Power REIT Acquires Cannabis Cultivation Facility Development Site in Maine
Propco., a subsidiary of New York-based real estate investment trust Power REIT has acquired a three-acre property in York County,… Read more
Ariel Lists Conversion Opportunity on UWS
Ariel Property Advisors has listed 102 W. 107th St., a residential conversion opportunity with an existing parking garage on the… Read more
Brooklyn Sees “Striking Surge” in Pending Home Sales
Pending sales in Brooklyn increased 38.7% last month from a year ago, with 735 homes going into contract, StreetEasy reported Thursday. The… Read more
Highgate Will Take Over Most of Colony’s Hotel Holdings
Manhattan-based Highgate has agreed to acquire six of Colony Capital’s hospitality portfolios in a transaction valued at $2.8 billion, including… Read more
Avison Adds Leasing Veteran Peter Gross to NYC Team
Peter Gross has joined Avison Young’s New York office as a principal specializing in transaction management. He brings more than… Read more
NYC-Based RockFarmer Picks Up Triple-Net Walgreens
RockFarmer Properties, based in New York City, acquired 6901 San Pedro Ave., a 14,850-square-foot retail property in San Antonio for $6,400,000.… Read more
SaaS Firm Attentive Raises $230M with $2.2B Valuation
Attentive, a text messaging SaaS platform widely used by major retailers, has raised a $230-million Series D investment round at a… Read more
Berkadia Arranges $46M Acquisition Financing for New Orleans MF Portfolio
Berkadia has secured $34.2 million in debt and sourced an equity partner in the amount of $11.2 million for the… Read more
Private School Expands in Chelsea, Brooklyn
Cushman & Wakefield arranged two 20-year leases on behalf of Spring Education Group for BASIS Independent Schools. The private school… Read more
Biotech Firm Comes to Manhattanville
The Janus Property Company has signed biotechnology growth company Volastra Therapeutics for a new lab space at the Mink Building… Read more
Common Completes $50M Series D Round
Common has completed a $50-million Series D funding round led by Kinnevik and with participation from existing investors, including Norwest Venture Partners, 8VC… Read more
Industry City Withdraws Rezoning Proposal
The partnership that owns Industry City on Wednesday withdrew its application for a rezoning that would have added more commercial space… Read more
Bellwether Arranges Loan on Brooklyn Affordable Project
Bellwether Enterprise Real Estate Capital’s Jim Gillespie and Ilya Weinstein originated a $5,672,000 loan in Brooklyn on behalf of the borrower, CB… Read more
NY State Issues “Empire Building Challenge” to Retrofit High-Rises
The Cuomo administration on Tuesday launched the Empire Building Challenge, a $50-million initiative to transform existing multifamily and commercial high-rise… Read more
Pennybacker Capital Hires Two Senior Execs
Pennybacker Capital Management, a real estate-focused private equity firm managing $3.2 billion of investments, named two new senior executives within its credit… Read more
Yonkers Apts. Lease Up in Just 4 Months
Blue Communities, a lifestyle residential brand owned by Doron Pergament, said its newest 94-unit luxury apartment building, Hudson Blue in Yonkers,… Read more