New York
Exiger First to Claim Subleased Space at 1675 Broadway
After being tasked with subleasing 600,000 square feet at Rudin Management’s 1675 Broadway, CBRE has completed its first major transaction… Read more
Chase Will Open Bank Branch at Silverback’s LIC Condos
Chase Bank will open a new retail location at the base of HERO LIC, the new luxury residential condominium by Silverback Development… Read more
Silverback Development Opens D.C. Office
New York-based real estate developer Silverback Development has opened a new office in Washington D.C. The new office will be… Read more
CBRE to Lease Up Silverstein’s Flagship Fifth Ave. Retail
CBRE was tapped by Silverstein Properties to lease the retail at 529 Fifth Ave. Situated on the southeast corner of… Read more
GID Begins Closings at Upper West Side’s Waterline Square
Closings are underway at GID Development’s Waterline Square, the three-building luxury residential development on Manhattan’s Upper West Side. The complex’s first condominium residents… Read more
JLL Arranges Debt for Port Chester MF Buy
JLL Capital Markets arranged financing for the acquisition of The Castle, a 120-unit luxury rental community in Port Chester, NY.… Read more
New York Life Partners with CBRE GI on Investment Funds
New York Life Investments will bring additional alternative investment funds into its MainStay Fund lineup via a strategic partnership with… Read more
Turnbridge Completes Assemblage for Region’s Largest Multi-Story Warehouse
Turnbridge Equities has completed a 14.2-acre assemblage in the South Bronx, where it will build the four-story Bronx Logistics Center,… Read more
Apartments Up for Sale in “Active” Bed-Stuy Market
Ariel Property Advisors has been retained to sell 862 Dekalb Ave., a 31-unit, mixed-use rental property in Brooklyn’s Bedford-Stuyvesant neighborhood… Read more
City Council Proposes Replacing BQE with a Tunnel
Ahead of a City Council transportation committee hearing Tuesday, the New York City Council released a report from engineering firm… Read more
O-Zone Sale is Queens’ Largest This Year
Cushman & Wakefield arranged the sale of 133-25 37th Ave., a nearly one-acre prime development site in Downtown Flushing. The site sold… Read more
240-Unit Jordan Creek Apartments Changes Hands in Value-Add Play
Ashland Greene Capital Partners LLC shook hands with a California seller for ownership rights to Jordan Creek Apartments, a 240-unit… Read more
Ariel Brings East Harlem Portfolio to Market
Ariel Property Advisors has been retained to sell three properties in East Harlem for a combined value of $18.55 million.… Read more
Financing on Ceruzzi’s Condo Tower a First for Korean Capital
Ceruzzi Properties has secured the next phase of financing for its Centrale luxury residential condominium tower at 138 E. 50th… Read more
Halpern Closes on O-Zone Development Platform
New York City-based Halpern Real Estate Ventures (HREV) closed on its inaugural Opportunity Zone Platform after achieving its target of… Read more
Greenwich Village Apartments Trade at Healthy Profit
Meridian Investment Sales sold 159-161 Bleecker St., a mixed-use, elevator building in Greenwich Village, for $36 million. Managing directors Lipa… Read more
Admares Makes North American Debut with Bushwick Modular
Finland-based Admares recently launched its first North American development, a commercial building at 58 Grattan St. in Brooklyn’s Bushwick neighborhood. The… Read more
Seattle Office Markets Claim 10 Spots on U.S.’s Most Expensive Ranking
Research by Yardi Matrix’s Commercial Café reveals 10 office markets in the greater Seattle region rank among the most expensive… Read more
S&P Cuts Macy’s Rating, Sees “Unique Challenges” Ahead
Standard & Poor’s Global Ratings cut the debt rating for Macy’s Inc. to junk status, saying the iconic retailer “faces… Read more