New York
Northwestern Mutual Finds Larger Quarters at Brookfield’s 200 Liberty
Northwestern Mutual signed up for 91,217 square feet, spanning three floors, at Brookfield Properties’ 200 Liberty St. in Lower Manhattan.… Read more
NYC Ranks 8th for Affordability Among Large Cities
New York City ranks eighth for overall affordability among 20 large U.S. cities studied by the nonpartisan Citizens Budget Commission… Read more
Phoenix, Hanover JV Picks Up Kent MF’s for $79M
New York-based Phoenix Realty Group (PRG), and JV partner Palo Alto, CA-based Hanover Real Estate Investors, purchased two multifamily communities… Read more
CushWake Markets 4 Properties in Bushwick, Greenpoint
Cushman & Wakefield has been retained to arrange for the sale of four properties in Brooklyn’s Greenpoint and Bushwick neighborhoods. A team… Read more
Refinitiv Moves from Midtown to Fosun’s 28 Liberty
In another relocation from Midtown to Downtown, fintech firm Refinitiv leased 108,917 square feet of space covering three full floors… Read more
Progress Capital Lines Up $85M Refi of Bronx MXU
Progress Capital arranged an $85-million loan to refinance 825 E. 141st St. in the Port Morris section of the Bronx. Built in 1916… Read more
VC Firm Shadow Ventures Taps Zach Firestone to Grow NYC Presence
Venture capital firm Shadow Ventures, focused on the underserved AEC and CRE tech markets, has added Welzoo co-founder Zach Firestone as associate,… Read more
Bloomberg Opens Campaign Field Office at Greystone’s Harlem 125
Michael Bloomberg’s presidential campaign has opened a field office at Greystone Property Development’s Harlem 125 rentals. The 3,500-square-foot lease at… Read more
Colliers Names Two to Market Leader Roles
Jason Lund, most recently with WeWork, has joined Colliers International as executive managing director, New York City market leader. Additionally,… Read more
Diamond Resorts Expands into NYC with Highgate Partnership
Apollo-owned timeshare operator Diamond Resorts is adding New York City to its 370-plus locations through a partnership with Highgate. The… Read more
Greystone Expands into Special Serving with C3AM Acquisition
Greystone has expanded into special servicing, acquiring C-III Asset Management LLC (C3AM) and its $20.7-billion servicing portfolio. Terms of the… Read more
LCOR Acquires 99-Year Ground Lease in Coney Island
Acting on behalf of the Russo family, JLL Capital Markets structured a 99-year ground lease on a near full-block development… Read more
City Renews Push for $2.7B BQX Streetcar Line
The de Blasio administration’s $2.7 billion plan to build the BQX streetcar route between Brooklyn and Queens is back on… Read more
Windy Hill Secures $106M Construction Loan for San Mateo Mixed Use
A joint venture led by Windy Hill Property Ventures has secured $106 million in financing for a mixed-use development currently… Read more
Astoria Rentals Will Remain Affordable Under Rose Ownership
Jonathan Rose Companies acquired Goodwill Terrace Apartments, a 202-unit property in Astoria, for approximately $35 million. The seller was Goodwill… Read more
Janus Tops Out on Taystee Lab Building in West Harlem
Janus Property Company topped out on the Taystee Lab Building, an 11-story, 350,000-square-foot, LEED-Certified, Class-A lab and office building in… Read more
Law Firm CSG Relocates, Expands within 11 Times Square
Chiesa Shahinian & Giantomasi PC (CSG) is both relocating and expanding its occupancy within SJP Properties’ 11 Times Square. The law… Read more
Lee NYC Brings “Ghost Kitchen” to Houston Street
Lee & Associates New York arranged a 7,500-square-foot, 10-year lease for Kitopi, a kitchen cloud network that cooks and delivers on behalf of… Read more
Examining Supply’s Effect on U.S. Self Storage Industry
New supply is continuing to depress U.S. self storage street rates, which dropped in around 75% of the top U.S.… Read more