New York
Cuomo Extends COVID Eviction Ban by 60 Days
New York Gov. Andrew M. Cuomo on Thursday said the state’s moratorium on COVID-related residential or commercial evictions will be… Read more
A&G Launches Structured Sales Division
A&G Real Estate Partners launched a structured investment sales division, recruiting a four-person team led by industry veteran Jeff Hubbard. The dedicated… Read more
Cherre, CompStak Launch Data Partnership
Cherre and CompStak, both based in Manhattan, have launched a data partnership, with Cherre integrating CompStak’s lease and sales comp… Read more
Downtown Alliance Offers Grants to Essential Small Businesses
The Alliance for Downtown New York launched the Small Business Rental Assistance Grant program to offer immediate help to storefront… Read more
NKF Arranges $49M Sale, Financing of Greensboro, NC MF
NY-based White Eagle Property Group entered the Triad market with the acquisition of Brassfield Park, a 336-unit multifamily community in… Read more
W&D Webcast: The Carlyle Group’s Youngkin on Maintaining a Global Perspective
Although the Carlyle Group’s headquarters in Washington, D.C. rather than New York City once seemed like a real point of… Read more
After Strong Q1 for NYC Multifamily, Ariel Sees “Minimal Activity” Ahead
New York City’s multifamily investment sales market wasn’t affected by COVID-19 in the first quarter, Ariel Property Advisors says in… Read more
Berkadia Closes $40M Sale of Grand Rapids Apartments
Berkadia arranged the $40-million-plus sale of a two-property multifamily portfolio in Grand Rapids, MI, totaling almost 400 units. The firm’s Detroit-based… Read more
MRC Partners with Frontline Food Trucks
Madison Realty Capital (MRC) is partnering with Frontline Food Trucks to support healthcare workers at Richmond University Medical Center on… Read more
RD Management Advances on 7 Development Projects
New York City-based RD Management LLC said it has seven luxury multifamily projects consisting of more than 2,000 units in… Read more
Marx Realty’s 545 Madison Poised for $24M Makeover
Marx Realty will implement a $24-million repositioning strategy after taking control of the 18-story office building at 545 Madison Ave.… Read more
Westbury Century 21 Will Become Industrial
CBRE has been retained by Sanders Equities to lease 1085 Old Country Rd., a 192,000-square-foot building in Westbury, NY. Currently occupied… Read more
Melissa Rose Joins JLL Capital Markets in Miami
JLL Capital Markets expanded its debt and equity placement team with the addition of Melissa Rose in its Miami office.… Read more
REBNY Calls for Rent Policies to Keep Pace with Property Tax Hikes
The Real Estate Board of New York (REBNY) presented testimony Tuesday to the NYC Rent Guidelines Board (RGB) advocating for… Read more
Lefkowitz Named Managing Member at Rosenberg & Estis
Real estate law firm Rosenberg & Estis has named Michael E. Lefkowitz managing member. He will succeed Luise A. Barrack, who… Read more
SL Green Sells Stake in One Madison Project to Hines, NPS
SL Green Realty Corp. has sold a 49.5% interest in its One Madison Ave. redevelopment to the National Pension Service… Read more
Bank OZK Delivers Nearly $60M Loan for Miami Beach Luxury Condo Development
Florida-based Multiplan Real Estate Asset Management (MultiplanREAM) secured a $58.5 million construction loan from Bank OZK for Miami Beach’s 57… Read more
Common Launches Brand for Workforce Renters
Co-living developer Common has launched its new workforce housing brand, Noah Living, in partnership with Outlier Realty Capital. The brand… Read more
J.Crew Files for Chapter 11 Protection
Apparel retailer J.Crew, headquartered in Lower Manhattan, filed for Chapter 11 protection Monday. The filing in U.S. Bankruptcy Court for the… Read more