New York
ULI NY Touts Geothermal Energy for Hunts Point Complex
The Urban Land Institute New York (ULI NY) recommended bringing geothermal energy to Hunts Point Food Distribution Center (HPFDC) in… Read more
Consumers Carry the Weight as Other Indicators Falter
When it comes to setting near-term monetary policy, Federal Reserve officials are weighing two competing forces in the U.S. economy.… Read more
Davco Adds NJ Industrial Complex to Portfolio
New York City-based Davco Group purchased a six-building industrial complex at 114 Beach St. in Rockaway, NJ for an undisclosed… Read more
Kelley Drye Relocates from Midtown to 3 World Trade
Law firm Kelley Drye & Warren LLP is relocating from Midtown to Silverstein Properties’ 3 World Trade Center. The firm… Read more
Downtown Office Gains Amid Soft Month for Manhattan Leasing
Manhattan office leasing declined in August by 68.2% from July and 30.8% year-over-year, Colliers International reported. However, somewhat offsetting the… Read more
RR Donnelly Takes Full Floor with Sapir Organization
Global communications and marketing company RR Donnelly has signed a 10-year, full-floor lease at the Sapir Organization’s 261 Madison Ave.… Read more
Inwood Parcel Hits the Market with 144K-SF Potential
Development Site Advisors has been hired to sell 400 W. 219th St., an Inwood parcel that’s reportedly the largest development… Read more
Williamsburg MXU Lands $57M Loan from JLJ
JLJ Capital is providing a $57-million loan to 329 LLC for completion of a mixed-use 16-story tower at 329 Broadway in… Read more
Healthcare Trust Snags San Diego Senior Housing Asset
New York-based Healthcare Trust Inc. acquired Felicita Vida, a 91-unit, 117-bed assisted living and memory care community in Escondido, CA.… Read more
What Recession? We are Busier Than Ever. Help Wanted
Connect Media, which ranks No. 1128 on the 2019 Inc. 5000 list, is looking to expand its team. The fast-growing… Read more
Vienna, Melbourne Top 2019 List of World’s Most Liveable Cities
A new ranking from the Economist Intelligence Unit has pegged Vienna as the world’s most liveable city for the second… Read more
WeWork Halves Valuation Ahead of Planned IPO
(Updated with additional information) WeWork reportedly has downsized its valuation expectations ahead of its planned initial public offering. The New… Read more
JLL Markets Site in Mott Haven O-Zone
JLL Capital Markets was selected by undisclosed clients to sell 261 Grand Concourse in the Bronx. The 10,242-square-foot development site… Read more
Eastdil Team Joins NKF Capital Markets Group
Evan Layne, Brett Siegel and Jean Celestin have joined NKF as vice chairmen and co-heads of the New York capital markets investment sales… Read more
PepsiCo Near Deal for Big Lease at Old Post Office
PepsiCo is in advanced talks to move its Chicago office to the redeveloped Old Post Office building, Crain’s Chicago Business… Read more
CushWake Lists Newly-Built Chinatown Office Condos
Cushman & Wakefield has been retained to arrange the sales of six new office condominium units on the fourth to sixth floors… Read more
Eastern Union Sets New August Record for Mortgage Submissions
Eastern Union filed the highest number of mortgage submissions of any previous August in the Brooklyn-based firm’s 18-year history. The company, which has… Read more
Law Firm’s Multi-Floor Lease Brings Rudin Tower Occupancy Near 100%
Law firm Davis & Gilbert has signed a 15-year, 86,000 square-foot lease at the Rudin Family’s 1675 Broadway office tower… Read more
Bohler Engineering Takes 2 Floors in Warren
JLL has completed a new transaction for Bohler Engineering at 30 Independence Blvd. in Warren, NJ with building owner Griffin… Read more