New York
NY State Agency More Than Doubles Footprint at SL Green Tower
The New York State Office of General Services has expanded its presence at SL Green Realty Corp.’s 919 Third Ave.… Read more
Office-to-Residential Conversion Trend Accelerates in Manhattan
The pace of office-to-residential conversions in Manhattan has accelerated in the past few years, according to new research from Cushman… Read more
BRP Secures Supermarket Operator for Jamaica Mixed-Use
BRP Companies signed a 25-year, 22,500 square-foot lease with SuperFresh, a community-focused supermarket, at Ruby Square, a 614-unit mixed-use development located at… Read more
S3 Capital Originates $255M Construction Loan for Edgewater Multifamily
S3 Capital originated a $255-million construction loan to finance the first phase of a $1-billion mixed-use development at 615 River… Read more
CushWake Engaged to Find Sites for Air Taxi Vertiports
VertiPorts by Atlantic, a wholly owned subsidiary of Atlantic Aviation, selected Cushman & Wakefield as its preferred real estate advisor… Read more
Convene Signs First Lease at Terminal Warehouse Redevelopment
Convene Hospitality Group (CHG), reportedly the largest operator of non-hotel meeting and event venues in the U.S. and UK, unveiled a… Read more
West Chelsea Condo Project Scores $155M Construction Financing
Legion Investment Group and partner AVRS Partners LP closed on a $155-million construction loan from Eldridge Real Estate Credit, the… Read more
Bilt Will Relocate Headquarters to Meatpacking District
Bilt, a housing and neighborhood commerce platform, will establish its new headquarters at Nuveen’s 837 Washington St. in Manhattan’s Meatpacking… Read more
Greystone Secures $286M Refi on Northern NJ Residential Portfolio
Greystone arranged a $285.7-million bridge loan on behalf of Capodagli Property Company to refinance a four-property Class A multifamily portfolio… Read more
Weill Cornell Buys Sotheby’s NYC Headquarters in Sale-Leaseback
Sotheby’s has sold its former headquarters on Manhattan’s Upper East Side to Weill Cornell Medicine for $510 million, Bloomberg News… Read more
MSquared Reaches First Close on Second Mixed-Income Development Fund
MSquared, a women-owned real estate investment and development platform, announced a $139- million first close for its Equitable Housing Solutions Fund… Read more
Feil Signs IFAC, Boutique Law Firm at 570 Lexington Ave.
The Feil Organization has signed two new long-term leases totaling 17,100 square feet at 570 Lexington Ave. The International Federation of… Read more
JV of Smith Hill, Bain Capital Provides Refi on Westin New York Grand Central
A joint venture of Smith Hill Capital, the fully integrated commercial real estate debt investment management business of Procaccianti Companies,… Read more
Minskoff Equities’ 1166 Ave. of the Americas Scores Preferred Equity Investment
Meadow Partners, GreenBarn Investment Group and RXR have made a $36-million preferred equity investment in 1166 Ave. of the Americas… Read more
Red Oak Provides Bridge Loan on Brooklyn Apartments
Red Oak Capital Holdings, LLC has provided a $2.8-million bridge loan for the renovation and stabilization of 551 Albany Apartments, an eight-unit multifamily property… Read more
Vanbarton Acquires Emigrant Savings Bank Tower for Resi Conversion
Vanbarton Group said Tuesday it had acquired 6 E. 43rd St. in Midtown Manhattan. The firm secured a $300-million loan from Brookfield to finance both the acquisition… Read more
U.S. Home Prices Eke Out Annual Gain in July
U.S. housing prices grew year-over-year in July, albeit just barely, Dow Jones S&P Indices said Tuesday. The release of the… Read more