New York
Brooklyn Retail Condo Sells as Part of Multi-State Disposition
Gorjian Acquisitions completed the sale of the 489 Atlantic Ave. retail condominium in downtown Brooklyn as part of a disposition… Read more
Bedminster Offices Trade to Northeast Capital Group
JLL Capital Markets closed the sale of The Offices at Bedminster, a two-building, Class A, institutionally-maintained office complex totaling 194,000 square feet in Bedminster, NJ.… Read more
City Launches Mediation Program for Pandemic-Related Rent Issues
The de Blasio administration recently announced a mediation program to address rent-related issues between apartment landlords and tenants arising from… Read more
Breaking Ground Tops Off Supportive Housing in South Bronx
Breaking Ground officially topped off its Betances Residence in the South Bronx. Designed by COOKFOX Architects, Betances is Breaking Ground’s first… Read more
CHIP: Vacancies, Late Payments Weigh on Rent-Stabilized Landlords
Even as rent delinquencies declined from 25% to 18%, vacancies in residential buildings have doubled to 8% since February, Crain’s New York Business… Read more
John Fischer Joins Standard Communities in L.A.
Los Angeles-based Standard Communities expanded its leadership team with the addition of John Fischer, who joins the firm as Managing… Read more
Appellate Court Overturns Annulment of Inwood Rezoning
The Appellate Division of state Supreme Court reinstated New York City’s Inwood rezoning in a unanimous verdict handed down Thursday, Crain’s… Read more
Chopard Relocates NYC Flagship to Crown Building
Cushman & Wakefield arranged Chopard’s relocation of its flagship boutique to the Crown Building at 730 Fifth Ave. The two-level space… Read more
Northern Manhattan Multifamily Sales Sustain Steep Drop in Q2
Northern Manhattan withstood a steep drop in multifamily sales during the second quarter, with dollar volume down 78% from Q1,… Read more
Urban Standard Capital Arranges Debt on Cobble Hill Deal
Urban Standard Capital (USC) arranged a $3.8-million loan for Conway Capital’s purchase of a four-story Brooklyn building that houses Court Street Bagels,… Read more
KBS Puts Iselin Office Complex On the Market
KBS is offering for sale Woodbridge Corporate Plaza, a six-building Class A office complex at 485 U.S. Hwy. 1 in Iselin,… Read more
Two California Markets Experience Growing Sublease Dilemma, Reports CBRE
The amount of office space offered for sublease in the 10 largest U.S. office markets increased by 12% since the… Read more
Cuomo Adds Two Projects in $1.4B Vital Brooklyn Development Plan
Gov. Andrew M. Cuomo announced plans for Clarkson Estates, the latest winning proposal under the $1.4-billion Vital Brooklyn initiative, which… Read more
Meridian Brings Carlstadt Warehouse to Market
Meridian Investment Sales has listed an industrial warehouse configured as an 87-door cross dock freight terminal in Carlstadt, NJ. Senior executive… Read more
Pinnacle Realty Tapped to Lease Rebranded Brooklyn Industrial
Madison Capital and Salmar Properties have hired Pinnacle Realty of New York as the exclusive brokerage for industrial leases at… Read more
REBNY Honors Commercial Brokers with 76th Annual Deal of the Year Awards
The Real Estate Board of New York (REBNY) honored the top dealmakers with the 76th annual Sales Brokers Most Ingenious Deal… Read more
Zuul Secures Funding to Expand Ghost Kitchen Network
Zuul has secured $9 million in funding to expand its ghost kitchen operations throughout New York City. The company, which currently operates its… Read more
CushWake Shops Office Condo for Marist College
Cushman & Wakefield was hired by Marist College to sell the condominium ownership interest for the entire 14th floor at 420… Read more
Seavest Acquires MLK Jr. Community Hospital MOB from Trammell Crow
White Plains, NY-based Seavest Healthcare Properties LLC acquired the newly built 52,000-square-foot Martin Luther King (MLK) Jr. Community Hospital medical… Read more