New York
Brooklyn Hospital Plans Sell-Off to Fund Redevelopment
Amid financial pressure and increasing capital needs, the Brooklyn Hospital Center wants to redevelop its downtown Brooklyn campus and sell… Read more
Cuomo Pushes Ambitious Economic Plan in Annual Address
Gov. Andrew Cuomo’s State of the State address Wednesday laid out an ambitious agenda with plenty of interest to the… Read more
Meridian’s Team Doshi Closes Upstate NY Portfolio Sale
Meridian Investment Sales, the commercial property sales division of Meridian Capital Group, recently sold a three-building, 117-unit apartment portfolio in… Read more
RXR Taps Streetsense to Guide Retail at Nassau Hub
Streetsense, an experience-focused strategy and design collective, was tapped by RXR Realty and its partner Onexim, to help guide the… Read more
AY’s Nelson Team Closes Office Condo Deal
Avison Young’s Tri-State Investment Sales group arranged the sale of a 10,438-square-foot vacant office condominium at 20 W. 33rd St.… Read more
Fairstead Completes Financing on 905 Affordable Units
Fairstead has completed the financing of a 905-unit portfolio of subsidized housing across nine properties totaling 49 buildings in New… Read more
JLL Upsizes to 165K SF at 330 Madison
JLL is nearly doubling its office space at 330 Madison Ave., to 165,000 square feet, the New York Post reported.… Read more
Report: The Pros and Cons of Texas Cities’ Gentrification
When it comes to gentrification, most common examples are coastal cities, such as San Francisco and New York City. However,… Read more
Brooklyn Factory Turned Condo Lands $64M Refi
JLL Capital Markets arranged a $63.6-million loan to refinance The Umbrella Factory at 722 Metropolitan Ave., a mixed-use condominium and… Read more
City Issues RFP for Affordable Housing in SW Bronx
The New York City Department of Housing Preservation and Development released a Request for Proposals (RFP) seeking qualified development teams… Read more
Goulston & Storrs Adds Eagan as Director in RE Group
Mark Eagan has joined the New York office of law firm Goulston & Storrs as a director in the firm’s real estate group.… Read more
Modell’s Will House Logistics at Matrix’s Bordentown Facility
Modell’s Sporting Goods has leased 312,373 square feet at Matrix Development Group’s 201 Old York Rd. in Bordentown, NJ. The… Read more
Law Firm Debevoise Takes 530K SF at Tishman Speyer’s Spiral
Debevoise & Plimpton LLP will relocate its firm’s headquarters to the Spiral, the 65-story office tower now under construction on… Read more
Beacon Hill Condos Secure $173M Refi
On behalf of Center Court Mass LLC, NKF recently arranged a $173-million loan to refinance the Archer Residences, a 62-unit… Read more
$20M Refi for Garment District Offices, Retail
JLL Capital Markets arranged a $20 million refinancing for 16 W. 36th St., a 13-story, 67,271-square-foot office building with street-level retail. The group worked on… Read more
Cuomo Aims to Expand Penn Station Capacity
Gov. Andrew Cuomo is backing a plan to expand Penn Station’s capacity by acquiring the block south of the station… Read more
ZG’s Bruckner Building Deal Lands $48M Loan
Cushman & Wakefield recently advised ZG Capital Partners in obtaining $44.8 million in acquisition financing for the Bruckner Building, a loft-style office… Read more
$50M from S3 Finances Clinton Hill Residential
S3 Capital Partners provided a $50-million loan to the Loketch Group and Meral Property Group for the renovation of 10… Read more
Nominate the Top Commercial Brokers of 2019
Do you know a commercial real estate broker or team who made a big impact in 2019? For the third… Read more