New York
Avison’s Korren Will Lead Leasing Efforts at FiDi Office Tower
Avison Young has been named the exclusive leasing agent by New York City REIT, Inc. for its 27-story, 550,000-square-foot office… Read more
BEB Capital Adds 15-Year Veteran as General Counsel
BEB Capital has appointed Emily Wolf to serve as general counsel. She joins the Port Washington, NY-based real estate development and… Read more
2020 NYC Marathon Canceled Over COVID Concerns
The 2020 TCS New York City Marathon, scheduled for Nov. 1, has been canceled. Event organizer New York Road Runners… Read more
Lendlease, L+M Close on Financing for Morningside Heights MXU
Lendlease and L+M closed on $250 million in construction financing for 100 Claremont Ave., a 354,000-square-foot mixed-use building in Northern Manhattan’s Morningside Heights.… Read more
Bay Ridge Apartments Trade After Nearly 70-Year Hold
The multifamily division of Kassin Sabbagh Realty LLC (KSR) completed the sale of 515 Ovington Ave, in the Bay Ridge… Read more
VTS Unveils Integrated Leasing/Marketing Platform
VTS announced the availability of VTS Market, reportedly the commercial real estate industry’s first integrated, online marketing platform that enables landlords… Read more
SL Green Closes on $510M Loan for News Building
SL Green Realty Corp. said Tuesday it had closed on a new $510-million mortgage financing secured by 220 E. 42nd… Read more
Vornado Weighs Recap Options on Towers in NYC, SF
Vornado Realty Trust said Tuesday it had initiated a process to explore options to recapitalize a Midtown Manhattan office tower… Read more
Central Harlem Development Site Goes on Sale
Ariel Property Advisors was retained to sell 161-165 W. 132nd St., a four-story, 60-foot-wide, residential or commercial conversion property in… Read more
Lockdowns Lead Banks to Consider Trimming Branches and Office Space
A year after JPMorgan Chase opened a 12,500-square-foot branch on Madison Avenue, the 1,714 branches for Chase and other banks that anchor commercial… Read more
Shorewood, Bridge Snare $88M Financing for Jamaica MF
A partnership of Shorewood Real Estate Group and Bridge Investment Group closed on an $88-million loan to finance the construction of 1 Archer… Read more
Avison Team Closes on Greenwich Village Apartment Deal
Avison Young’s Tri-State Investment Sales Group arranged the sale of two seven-story residential properties with 72 apartments and one 5,000-square-foot… Read more
Charting the COVID-19 CRE Market with Clear Vision
By Dennis Kaiser A familiar storyline is emerging as the COVID-19 pandemic unfurls this spring that uncannily runs in a… Read more
Skanska Unveils Design for 25-Story Bellevue Tower
New York City-based Skanska unveiled updated designs for The Eight, a planned mixed-use office tower in downtown Bellevue. The site at… Read more
William Gilbane III Joins Gilbane’s Board of Directors
Providence RI.-based construction and real estate development firm Gilbane has announced that William Gilbane III has been elected to its… Read more
IPA Team Closes $46M Power Center Deal Near Akron
Institutional Property Advisors (IPA), a division of Marcus & Millichap, arranged the sale of The Plaza at Chapel Hill, a 458,935-square-foot Giant… Read more
Ariel Arranges Parcel Sale on Staten Island
Ariel Property Advisors arranged BFC Partners’ acquisition of 27-31 Wave St. in Staten Island’s Stapleton neighborhood for $2,150,000. Ariel’s Sean… Read more
MSD Partners Raises $1.1B for RE Credit Opportunities
MSD Partners, L.P., the investment advisor for Michael Dell’s MSD Capital, closed its MSD Real Estate Credit Opportunities Fund (RCOF)… Read more
Yankees, Mets to Conduct Spring Training in NYC
New York Gov. Andrew M. Cuomo said Saturday the Yankees and Mets baseball teams would hold spring training in New… Read more