New York
Turner-Agassi Opens New Home for Bronx Charter School
Tennis champion Andre Agassi and Turner Impact Capital CEO Bobby Turner joined local dignitaries at the grand opening of Grand… Read more
Resi Management Firm Takes Full Floor at 55 Broad
Avison Young arranged an 11,047-square-foot lease for Solstice Residential Group at the Rudin Family’s 55 Broad St. in the Financial… Read more
Treasury’s Kowalski Focuses on the Future of Opportunity Zones
The man who has been called the architect of the Opportunity Zones program, Daniel Kowalski, focused on the program’s future… Read more
Sabal Closes on $70M Refi of Bronx Portfolio
Sabal Capital Partners, LLC closed on a $70-million portfolio encompassing the refinance of 17 multifamily assets in the Bronx. The borrower… Read more
Construction Spending Hits New Dollar High in NYC
The New York Building Congress forecasts $61.5 billion in New York City construction spending in 2019. This would represent a… Read more
NKF to Lease Up Remaining Empire Outlets Space
NKF has been named leasing agent for the 350,000-square-foot Empire Outlets outdoor shopping, dining and lifestyle center in Staten Island.… Read more
Tribeca Investment, PGIM JV on Textile Building
Midtown South’s historic Textile Building at 295 Fifth Ave. has changed ownership for the first time in its nearly century-long… Read more
JLL Brokers $69M Sale of Apartment Project in Tampa
JLL has arranged the $69.4 million sale of the Canopy Apartments, a 318-unit, apartment project in Tampa’s Citrus Park. The… Read more
Kevin Durant’s Firm Inks Chelsea HQ Lease
Thirty Five Ventures signed a headquarters lease for the 4,500-square-foot penthouse at 112 Seventh Ave. in Lower Manhattan’s Chelsea neighborhood. The… Read more
Modell’s Takes New Headquarters Space on Broadway
National retailer Modell’s Sporting Goods signed a 26,607-square-foot, 11-year lease to relocate its headquarters from 498 Seventh Ave. to 1430 Broadway… Read more
O-Zone Experts: The 10-Year Hold Means Looking at Long-Term Impact
By Paul Bubny The opportunity zone sector, which didn’t really exist prior to its inclusion in the 2017 Tax Cuts… Read more
Short Term Rentals Impact on Housing Affordability
What effect are online hospitality marketplaces like AirBnb, Vrbo and HomeAway having on the housing market? A new report from… Read more
Pembrook Recaps LI Offices/Data Center
Pembrook Capital Management closed on a $5.75-million preferred equity investment to recapitalize 1025 Old Country Rd., a 200,000-square-foot office building… Read more
Industry Heavyweights Deliver Insights into Investment, Finance and Opportunity Zones
More than 250 industry professionals turned out Wednesday for Connect Media’s first back-to-back events, focusing on Opportunity Zones and more… Read more
RAL’s Zero Irving MXU Launches Construction
RAL Development Services officially launched Zero Irving, a 21-story mixed-use development in Midtown South. It will include 176,000 square feet of Class… Read more
Westchester Buyer Adds MasterCard-Anchored Offices
CBRE arranged the sale of 100 Manhattanville Rd., a 68% leased Class A office property in Purchase, NY. Deal terms weren’t… Read more
Leasing Launches at Dutch Kills Luxury Rentals
Crescent Iron House, a new luxury rental building located at 25-08 40th Ave. in Long Island City, has launched leasing.… Read more
Elevatored Multifamily Up for Sale on Pelham Pkwy.
Cushman & Wakefield was hired to arrange the sale of 1150 Pelham Pkwy., a 50-unit elevator residential building in the Bronx’ Morris Park… Read more
Praedium Group Takes Ownership of 387-Unit Everly
The Praedium Group struck a deal with Embrey Partners Ltd. to acquire the Everly, a 287-unit, Class A multifamily complex… Read more