New York
Comptroller Stringer Wants 25% Affordable in All New Development
New York City Comptroller Scott Stringer has proposed a universal requirement for 25% permanently low-income affordable housing in all new… Read more
Amazon Adds Last-Mile Facility on Staten Island
Amazon is expanding its presence at Matrix Global Logistics Park on Staten Island’s West Shore. The e-commerce giant has leased… Read more
East Coast Fund Divests Downtown 7-Eleven
The Boulder Group completed the sale of a single-tenant, net-leased 7-Eleven retail condominium property at 351 Bowery, along the border… Read more
Harlem Mixed-Use Comes to Market at $7M
A 19-unit mixed-use building in Central Harlem is coming to market via Ariel Property Advisors, which has been retained to… Read more
CBRE Tapped to Lease Up White Plains Office Complex
CBRE was hired by Westpark Associates, the ownership vehicle for Onyx Equities and Siguler Guff, to handle leasing for 1111-1129… Read more
Indeed Expands to Second Office on Sixth Avenue
Indeed Inc. signed a nine-year lease for 44,277 square feet covering the ninth and 10th floors at the Durst Organization’s… Read more
Multifamily in 2020: Continued Strength in the Sector
By John S. Sebree, Senior Vice President/National Director, National Multi Housing Group, Marcus & Millichap A year ago, as we… Read more
Ariel Brokers Parcel Sales in Brooklyn, Bronx, Harlem
Ariel Property Advisors recently arranged the sale of three development sites: 250-266 46th St. in Brooklyn’s Sunset Park, 305 E.… Read more
JLL Arranges $91M Loan for Williamsburg Retail
JLL Capital Markets secured a $90.5-million loan to finance an 11-property retail portfolio totaling 85,000 square feet in Brooklyn’s Williamsburg… Read more
Drop in Manhattan Retail Rents Means More Leasing
The downward trend in Manhattan retail rents was a focal point of recent reports from both CBRE and NKF. CBRE… Read more
Law Firm Signs 112K-SF Renewal at Sapir’s 260 Madison
The Sapir Organization signed a 12-year, 112,000 square foot lease renewal at 260 Madison Ave. with McLaughlin & Stern LLP, a tenant… Read more
Acadia Continues Buying Spree on Soho’s Greene Street
NKF brokered the latest sale of 37 Greene St. in Soho on behalf of Premier Equities for $15.4 million to… Read more
KBS Trades NJ Office Complex for $311M
KBS Real Estate Investment Trust II sold Park Avenue at Morris County, a trophy office park in Florham Park, NJ.… Read more
Report: Apartment Rents Continue to Rise Nationwide
The average rent for studio, one-bedroom, two-bedroom and three-bedroom apartments has continued to increase nationwide over the past year, according… Read more
It’s Time to Nominate the Year’s Top Brokers
The deadline is almost upon us to nominate commercial real estate’s top leasing and sales brokers for Connect Media’s third… Read more
Cash-Flowing Apartments Find Buyer in Central Harlem
The Tri-State Investment Sales group for Avison Young announced the sale of two five-story residential properties at 111 and 148… Read more
Nonprofit Relocates Headquarters to Tower 45
The Harry Frank Guggenheim Foundation will relocate its headquarters to Kamber Management Company’s Tower 45 at 120 W. 45th St.… Read more
Play Space for Kids and Parents Signs Williamsburg Lease
Cushman & Wakefield arranged a 3,650-square-foot long-term lease for Grand Days—a play space and café offering programming, food and drinks for… Read more
VICI Finalizes $843M Deal for Cleveland Gaming Properties
VICI Properties Inc. completed its acquisition of JACK Cleveland Casino, located in downtown Cleveland, and JACK Thistledown Racino, located approximately… Read more