New York
Eastern Union Hires 75 More Brokers
Eastern Union has hired 75 new brokers to accommodate demand for its newly introduced quarter-point fee for refinancing multifamily properties… Read more
Well Building Institute Unveils Post-COVID Rating
The International WELL Building Institute (IWBI), headquartered in Manhattan’s Flatiron District, has launched the WELL Health-Safety Rating for all building and facility… Read more
MTA Accelerates Progress on $2B in Capital Projects
The Metropolitan Transportation Authority is accelerating construction on $2 billion in capital projects amid reduced ridership caused by the COVID-19… Read more
Enterprise Community Partners Names Warshaw as COO
Columbia, MD.-based affordable housing nonprofit Enterprise Community Partners has hired Drew Warshaw as Chief Operating Officer for Enterprise and its… Read more
Development Site Up for Sale on Sunnyside Retail Corridor
Cushman & Wakefield was hired to sell 51-02 Roosevelt Ave., a 124,589-buildable-square-foot mixed-use development site in Queens’ Sunnyside neighborhood. The… Read more
Dept. of Buildings Issues Guidelines for Restarting Construction Sites
With activity poised to resume at 33,556 non-essential construction sites citywide, the New York City Department of Buildings (DOB) has… Read more
New Braunfels Offices Trade to East Coast REIT
San Antonio-based Koontz Corporation sold Parkview Plaza, a 58,574-square-foot office building in New Braunfels, to Rochester, NY-based Royal Oak Realty… Read more
CBRE Global Investors Snags 550K-SF Cold Storage Facility in Maryland
A fund sponsored by CBRE Global Investors has acquired the Principio Commerce Center II, a 550,050-square-foot cold storage and distribution… Read more
Industry Coalition Draws Up Guidelines for Safe Return to Offices
The Real Estate Board of New York (REBNY), 32BJ SEIU, Realty Advisory Board on Labor Relations, Inc., (RAB), Local 94… Read more
Ariel Markets West Harlem O-Zone Site
Ariel Property Advisors has been retained to sell 521 W. 134th St. in West Harlem. The property, a Manhattan Opportunity… Read more
Astoria Post Office Trades for $7M
Ripco Real Estate completed the sale of the 7,668-square-foot Woolsey Station Post Office Building located at 2268 31st St. in Astoria, Queens… Read more
Trepp, CompStak Roll Out Data Integration
Trepp, which provides analytics on structured finance, banking and commercial real estate, has implemented a new data integration with CompStak,… Read more
Avison Young’s Fernandez Closes 3 Leases, 1 Sale
Avison Young’s Maria Fernandez led four new transactions, including three leases in Manhattan and a separate property sale in Prospect… Read more
Life Sciences Sector Continues Flourishing in NYC
New York City’s life sciences sector continues to flourish in an otherwise challenging time for traditional office tenants, CBRE reported. Lab… Read more
Urban Edge Dedicates Grab N’ Go Parking Spaces
Urban Edge Properties has launched dedicated Grab N’ Go parking spaces at select New York, New Jersey and Puerto Rico properties to allow… Read more
NYC Apartment Rents Slip for Second Month
New York City rents have declined 0.6% over the past month, but have been relatively flat at 0.1% in comparison… Read more
Retail Condo Up for Sale in Borough Park
GFI Realty Services is marketing for sale 4809 & 4815 14th Ave., a 11,458-square-foot retail condominium in the Borough Park section of… Read more
Soho Resi Trades in Off-Market Deal
Avison Young’s Tri-State Investment Sales group arranged the sale of 198 Prince St., a 5,000-square-foot, four-unit boutique residential property in… Read more
Hollywood Proposes New COVID-19 Protocols for Entertainment Industry
Hollywood, a major economic engine in the U.S., collectively submitted new safety protocols to state leaders in California and New… Read more