New York
New Design Enterprise Looks Toward Post-COVID Offices
Brooklyn-based design firm Stewart-Schäfer has launched a second enterprise to address office health and safety issues and create sustainable solutions post-COVID-19. DistanceDesigns is… Read more
Downstate Regions All Advance in Phased Reopening
New York City entered Phase III of reopening on Monday, without indoor dining and subject to comprehensive state guidance. The… Read more
NYC Budgets $80M to Rebuild Chinatown Landmark
The de Blasio administration recently announced $80 million in funding to rebuild 70 Mulberry St., the Chinatown landmark that was… Read more
RockFarmer’s Rowan Condos Achieve Sales Success in Pandemic
The Rowan, RockFarmer Properties’ ground-up residential condominium project in Astoria, is 35% sold five months after sales were launched. The New York… Read more
Ariel Sells Morrisania Apartments from Larger Portfolio
Ariel Property Advisors recently closed on the sale of a three-building apartment portfolio in the Morrisania section of the Bronx.… Read more
Chicago Mandates Quarantine on Travel from States with COVID Surges
The Lightfoot administration imposed a 14-day quarantine requirement for travelers entering Chicago from states experiencing a surge in new COVID-19… Read more
Development Group Plans $2B MXU in Astoria
A development consortium including Silverstein Properties released plans for a $2-billion housing and commercial project adjacent to the Kaufman Arts… Read more
Dime Forges Merger Pact with Bridge Bancorp
Brooklyn-based Dime Community Bancshares and Bridgehampton, NY-based Bridge Bancorp Inc. have agreed to an all-stock merger valued at $489 million.… Read more
WeWork, Columbia Cancel Full-Building Lease in Midtown South
Columbia Property Trust and WeWork mutually agreed to terminate WeWork’s lease at Columbia’s 149 Madison Ave. The two companies announced… Read more
78 Million Square Feet of New Office Will Come Along at an Opportune Time
Among the bright spots of May’s surprisingly strong jobs report was the gain of 464,000 positions in construction employment. This… Read more
“Pristine” Apartment Property Trades on Bronx’s Pelham Parkway
Cushman & Wakefield finalized the sale of 1150 Pelham Pkwy., a 57,558-square-foot apartment building with a 22-space parking garage in… Read more
Durst Completes Quartet of Deals on Third Ave.
The Durst Organization completed four Midtown East leasing deals. They include Mitsubishi Chemical Holdings America, expanding to 14,218 square feet… Read more
Ross + Kramer Gallery Branches Out into West Chelsea
Meridian Retail Leasing arranged a long-term lease for Ross + Kramer Gallery at 515 W. 27th St. in West Chelsea.… Read more
Queens Industrial Listed for $27M
B6 Real Estate Advisors has been retained as the sales team for 75 Onderdonk Ave. in Ridgewood, Queens by Jason Richard Realty.… Read more
NY, NJ, CT Double Roster of States with Quarantine Mandate
The governors of New York, New Jersey and Connecticut on Tuesday doubled the number of states under a travel advisory… Read more
SL Green Agrees to Sell Stonehenge 58
SL Green Realty Corp. and its joint venture partner are in contract to sell 400 E. 58th St., a 126-unit… Read more
Dumbo Development Site Fetches $20M
JLL Capital Markets completed the $19.85-million sale of a development site at 251 Front St. in Brooklyn’s Dumbo neighborhood. JLL… Read more
B6 Markets East Village Home of “the Fifth Ramone”
B6 Real Estate Advisors’ Paul Massey, Zach Redding and Daniel O’Mahony have been retained by the Klosner Family to sell 6… Read more
Seattle-Area Renters Say Making July Payment Problematic
The latest Household Pulse Survey by the U.S. Census Bureau reveals that nearly one in five renters in the Seattle… Read more