New York
Paramount Group to Sell D.C. Office Building for $115M
New York City-based real estate investment trust Paramount Group has entered into an agreement to sell 1899 Pennsylvania Avenue, a… Read more
Joss Acquires San Jose Single-Tenant for $139M
NYC-based Joss Realty Partners has acquired a single-tenant, Class A office building for $139 million, according to reporting by the… Read more
City, Amtrak Release Sunnyside Master Plan
The de Blasio Administration and Amtrak released the Sunnyside Yard Master Plan for development over the railroad’s Western Queens storage… Read more
CushWake Markets Adjacent East Harlem Sites
Cushman & Wakefield has been retained to sell 2265-2267 Second Ave., two adjacent mixed-use development sites totaling 8,000 square feet… Read more
Brookfield, Blackstone Weigh Sale of FiDi Trophy Tower
Brookfield Property Partners and Blackstone are weighing a sale of One Liberty Plaza in Lower Manhattan’s Financial District, Crain’s New… Read more
East Village Apartments Trade to Overseas Buyer
The Tri-State Investment Sales group for Avison Young arranged the sale of 109 Ave. A, a recently renovated residential property… Read more
Digital Promotions Firm Expands Midtown West HQ
Handler Real Estate Organization said Quotient Technology Inc. has signed a long-term expansion for its New York City headquarters at 263 W. 38th… Read more
JLL Lines Up $210M on 530 Broadway
JLL Capital Markets arranged $210 million in acquisition financing for 530 Broadway, a 197,637-square-foot mixed-use building in Soho. The firm’s… Read more
$75M Loan for The Collective’s Williamsburg Build
Co-living company The Collective secured $75 million in construction financing for its latest co-living development, 292 N. 8th St. in central Williamsburg, Brooklyn. Terms of the… Read more
Connect New York Conference Will Explore Industry Drivers
With subject matter ranging from the macroeconomic outlook to who’s developing and leasing what and where in the city, this… Read more
Longtime Finance Tenant Renews at 200 Madison
George Comfort & Sons finalized a 10-year, 7,300-square-foot lease extension with Neville, Rodie & Shaw, Inc. (NRS) at 200 Madison… Read more
Merchants Secures Permanent Financing on UWS Seniors Housing
Mortgage banking company Merchants Capital recently structured the $66-million permanent financing for Goddard Riverside Community Center’s Phelps House, a 169-unit affordable housing complex… Read more
White Plains Offices Trade to JV
CBRE Institutional Properties’ Jeffrey Dunne, Steven Bardsley, Jeremy Neuer, David Gavin, Gene Pride and Stuart MacKenzie closed on the $42.5-million sale… Read more
Charles J. Urstadt Dies at 91; Former Urstadt Biddle Chairman, CEO
Charles J. Urstadt, formerly chairman and CEO of Urstadt Biddle Properties, died Tuesday from complications arising from a recent stroke.… Read more
Coronavirus and Retail Impact
COVID-19, better known as “the coronavirus,” has been spreading to all parts of the world. Meanwhile, in the U.S., the… Read more
Procida Rolls Out Advisory Services Platform
Procida Funding & Advisors, based in Englewood Cliffs, NJ, has rolled out its advisory services platform. The 25-year-old company provides an array… Read more
Quinn Barton Joins Greystone in Newly Created CIO Role
Quinn Barton has joined Greystone in New York City as CIO of the commercial platform, a newly created position. He’ll… Read more
Beyond Open Spaces: What’s Next for Offices After the Workplace Revolution
By David Horowitz and Keith Perske Over the past decade, the American workplace has transformed drastically as employers and building… Read more
Bridge Development Plans More Acquisitions, Overseas Expansion
Bridge Development Partners said it had acquired 21 properties totaling approximately 11.7 million square feet, valued at over $3.1 billion across Bridge’s five… Read more