New York
Quantum Brokers Melrose Park Retail Deal
Quantum Real Estate Advisors recently brokered the sale of a 138,203-square-foot multi-tenant retail shopping center in Melrose Park, IL, co-anchored… Read more
W&D Arranges Refi for Clipper Apartments in Brooklyn Heights
Walker & Dunlop recently arranged $82 million in permanent financing for Clipper Realty’s Clover House, a newly-renovated luxury apartment complex located… Read more
Camber, Westhab Line Up Financing for Bronx Supportive Housing
Camber Property Group (CPG) and Westhab Inc. recently closed on financing for the construction of 913 E. Tremont Ave., a supportive… Read more
Rebuilding of Ground Zero Church to Resume After Two Years
Rebuilding of St. Nicholas Greek Orthodox Church near the World Trade Center, stalled for the past two years, will resume… Read more
Venture X Breaks Ground on First NJ Co-working Location
Shared workspace brand Venture X recently broke ground on its first New Jersey location, with construction supervised by Mack-Cali Realty… Read more
Two Trees Closes on Future Site of Williamsburg Riverfront MXU
Two Trees Management closed on its acquisition of an assemblage on the North Williamsburg riverfront, where the developer plans a… Read more
Partners Group Pays $212M to Acquire Biltmore Center
Partners Group acquired Biltmore Center, a 635,409-square-foot office campus in Phoenix. The New York City buyer paid $212 million to… Read more
Democratic Presidential Contenders Are Light on Specifics for Housing
The Democratic debate field has whittled down to seven top potential ticket leaders that qualified for last week’s Politico/PBS-sponsored debate… Read more
Condo Developer Snaps Up Parcel in LIC’s Court Square
NKF has arranged the sale of a development site at 1064-1066 Jackson Ave. in Long Island City. The firm’s Ron… Read more
Judge Strikes Down City’s Inwood Rezoning
A Manhattan Supreme Court judge has struck down the city’s 2018 rezoning of a 59-block swath of Inwood in Northern… Read more
Chain Stores Continue Shrinking NYC Footprints
The number of chain stores in New York City declined by 3.7% to 7,832 locations over the past year, the… Read more
Lightstone Closes $175M Loan for Moxy East Village
Lightstone closed on $175 million in financing from Goldman Sachs Private Bank for Moxy East Village, a 286-key Marriott-brand hotel on East… Read more
Broad Street’s 370 Lexington Inks 7 Leases at Year’s End
370 Lexington Ave., a Grand Central District prewar office building that Broad Street Development recently re-acquired and is now repositioning, signed… Read more
Domain Communities Enters Austin, Buys 300-Unit Iron Rock Ranch
Domain Communities LLC, headquartered in Houston, made its first Austin buy with the 300-unit Iron Rock Ranch. The investor acquired… Read more
CushWake Team Markets Retail Condo Near Columbus Circle
Cushman & Wakefield was retained on an exclusive basis to arrange for the sale of 940 Eighth Ave., a 9,500-square-foot retail… Read more
ABS Arranges 12-Asset Sale-Leaseback for Pay-O-Matic
ABS Partners Real Estate completed the $25.3-million sale-leaseback of 12 Pay-O-Matic (POM) locations located in Manhattan, Brooklyn, Queens and the… Read more
McSam’s Times Square Project Lands $250M Financing
The McSam Hotel Group will move ahead with a 1,043-key, three-flag hotel near Times Square, thanks to a $250-million financing… Read more
East Harlem Apartments Up for Sale as Turnkey Investment
JLL Capital Markets has been hired to sell 308 E. 109th St. in the East Harlem neighborhood. ABR Builders is… Read more
L+M Secures Financing for $179M Affordable in Brownsville
L+M Development Partners closed on financing for the $179-million construction of three new buildings as part of the Marcus Garvey Extension… Read more