New York
Nelson Team Markets Greenwich Village Redevelopment Opportunity
Avison Young is marketing a long-term lease and redevelopment opportunity at 132 W. 14th St., a seven-floor, 57,478-square-foot office building… Read more
Contiguous Mixed-Use Properties Trade to Cofinance
JLL Capital Markets completed the sale of 219-221 E. 59th St., two contiguous, mixed-use properties in Midtown East, for GAK… Read more
Gebroe-Hammer Tallies $316M in Q1 MF Sales
Multifamily brokerage Gebroe-Hammer Associates, based in Livingston, NJ, tallied $316.4 million in sales during the first quarter. The firm arranged… Read more
Massachusetts Joins Regional Group on Reopening State Economies
Massachusetts Gov. Charlie Baker said Tuesday the commonwealth had joined the group of six neighboring Northeastern states to develop a… Read more
NYC Will Launch Local Production of COVID-19 Test Kits
Mayor Bill de Blasio said Tuesday that New York City would soon have manufacturing capacity to produce its own coronavirus… Read more
Branch Bags Publix-Anchored Center in Lilburn
Five Forks Corners, an 88,646-square-foot, dominant, Publix-anchored shopping center in an affluent Atlanta-area submarket of Lilburn, GA, has traded hands.… Read more
NY Investor Snaps Up Lowell Walgreens
Marcus & Millichap arranged the sale of 1765 Middlesex St. in Lowell, MA. The site is currently occupied by Walgreens, and… Read more
REBNY, Others Offer Relief Plan for Small Businesses
A group including the Real Estate Board of New York (REBNY) proposed plans for relief to New York City’s small… Read more
Stanley Chera, Crown Acquisitions Founder, Dies at 78
Crown Acquisitions founder Stanley Chera died Saturday after a nearly month-long battle with the novel coronavirus, the New York Post… Read more
States on East, West Coasts Forge Regional Pacts to Restart Economies
Led by New York State, six East Coast states have agreed to partner on a strategy to slowly reopen their… Read more
Schott Signs for 14K SF in Rye Brook
George Comfort & Sons secured a 14,140-square-foot lease with Schott Corporation at Kingsbrook, its recently renovated six-building complex in Rye… Read more
Flex and Co-working Providers Face Downturn in Manhattan and Globally
Amid the spread of COVID-19, the major flexible office and co-working providers have made moves toward downsizing both their workforces… Read more
Walker & Dunlop Brings in Gustafson to Lead Apprise in Northeast
Walker & Dunlop, Inc. has expanded its multifamily appraisal business, Apprise, with the addition of managing director Corey Gustafson. Based in Boston, Gustafson… Read more
Holloman Joins RM Friedland to Lead Queens Expansion
Veteran investment sales broker Alfonso Holloman has joined RM Friedland (RMF) and will spearhead the firm’s expansion into the Queens… Read more
Network Realty JV Plans Overhaul of D.C.’s 2100 M St.
A joint venture of Network Realty Partners and Meadow Partners is aiming for a July start on a major overhaul of 2100 M… Read more
Data Centers Continue Upward Trajectory
Data center absorption rates in U.S. major markets posted a new record of 396.4 megawatts in 2019, a 33% gain… Read more
NKF Closes $10M Retail Sale in West Village
NKF sold a 70-year retail leasehold at 644 Greenwich St. for $10.2 million. The ground-floor retail space at this West… Read morePlaza District Offices Land $14M Financing
ABS Altman Warwick closed on $13.5 million in financing for an office building located at 425-427 Madison Ave. in Midtown’s… Read more
Silverback Begins Move-ins at LIC Condos with Remote Closings
Silverback Development’s first project in Long Island City, HERO LIC, has commenced closings and move-ins. Amid the coronavirus pandemic, Silverback… Read more