New York
Klosed Properties Makes First Ridgewood Acquisition
Cushman & Wakefield arranged the sale of 763 Seneca Ave., a 4,650-square-foot mixed-use property in Queen’s Ridgewood neighborhood. The final sale… Read more
Partnership Seeks Preferred Equity for 7-Property Hotel Portfolio
JLL Hotels & Hospitality is seeking preferred equity proposals for a seven-property select service hotel portfolio totaling 1,087 rooms in Downtown… Read more
Whole Foods Opens First Delivery-Only Store
Whole Foods Market recently opened its first-ever permanent online-only store in Brooklyn’s Industry City. Parent company Amazon said in a… Read more
KeyBank Leaders Weigh In on Lending in COVID-19 Era
By Dennis Kaiser The real estate markets are working through the disruptions caused to the economy by the COVID-19 pandemic.… Read more
NKF Arranges Showroom Space for Wren Kitchens
Newmark Knight Frank arranged the second and third US showroom locations for the UK’s Wren Kitchens within the Tri-State region, in the Nassau County community of Levittown, NY… Read more
NYC Council Speaker Johnson Calls for Indoor Dining to Resume
New York City Council Speaker Corey Johnson on Wednesday called for indoor dining to resume, “with reduced capacity and clear… Read more
Turnpike Drive Snags Waterbury Warehouse for $1M
Waterbury-based brokerage firm R. Calabrese Agency LLC has brokered the sale of a 24,000-square-foot warehouse and manufacturing building in Waterbury,… Read more
REBNY Deal of the Year Honoree Emery Joins Helmsley Spear
Helmsley Spear appointed Christine Emery as an executive managing director. She will focus on all aspects of commercial/retail real estate sales and leasing.… Read more
RFR Closes on 522 Fifth Deal; Markets Full-Building Lease
RFR closed on its acquisition of 522 Fifth Ave. from Morgan Stanley for $350 million. The 23-story building’s 575,000-square-foot office portion,… Read more
HelloFresh Plans DFW Site for Its Largest Distribution Hub
Meal kit manufacturer HelloFresh unveiled plans to open a new distribution center in Irving, near DFW Airport. The nearly 375,000-squre-foot… Read more
Midtown South Office Leasing Volume Rises, But So Does Availability
Midtown South office leasing volume in August doubled the July total and was up 24.3% year-over-year, reported Colliers International’s Franklin… Read more
SG Blocks Enters Test Lab Market via JV
SG Blocks, Inc., a Brooklyn-based designer and fabricator of container-based structures, has entered the U.S. test lab market by forming… Read more
Nominate a Woman in Real Estate for Our Fourth Annual Awards
Nominations for the 2020 Women in Real Estate Awards have opened, and we welcome your input. For the fourth consecutive… Read more
Apartments Listed in Bronx’s Fordham Neighborhood
Atlas Realty Group Partners (ARG) was named the exclusive sales agent for 2454 Webb Ave., a five-story, 36,000 square-foot walk-up with… Read more
Cuomo Seeks $59B in Budget Shortfall Relief for City, State
Governor Andrew M. Cuomo and prominent New York labor leaders called on Congress to provide $59 billion to address budget… Read more
Law Firm Commits to 25K SF in Purchase
Law firm Milber Makris Plousadis & Seiden, LLP (MMP&S) signed a long-term lease for 25,000 square feet at RPW Group’s 100 Manhattanville Rd. in Purchase, NY. Newmark Knight… Read more
NYC Schools Will See 10K Delos Air Purifiers
The New York City Department of Education selected Delos, a New York-based wellness real estate and technology company, to provide 10,000… Read more
Eastern Union Launches Hiring Initiative
Brooklyn-based Eastern Union is launching a new program that trains new hires as commercial mortgage brokers, and pays as much as… Read more
Brookfield Secures $1.8B Refi for One Manhattan West
Brookfield Property Partners (BPY) said Friday it had borrowed $1.8 billion, including $1.5 billion securitized as CMBS, to refinance One… Read more