New York
Cuomo, Murphy Trim Costs on Gateway Tunnel Project
Key stakeholders in the Gateway project to build a new rail tunnel under the Hudson River and rehabilitate the 108-year-old… Read more
KPR Acquires Jacksonville Shopping Center for $18M
New York-based real estate investment company KPR has acquired Bolton Plaza, a 174,037-square-foot retail shopping center in Jacksonville. The sales… Read more
Manhattan’s Coca-Cola Building Trades for $907M
Nightingale Properties and Wafra Capital Partners have acquired the Coca-Cola Building in Manhattan’s Plaza District. The sales price was reported… Read more
Chicago Tied with L.A. for Office Construction
In a U.S. office market balancing strong employment with diminishing business confidence and economic growth projections, Chicago stands out for… Read more
Durst, BofA Refi One Bryant Park for $1.6B
The Durst Organization and Bank of America closed on a $1.6-billion refinancing of One Bryant Park, a 2.35-million-square-foot Midtown tower… Read more
Knotel Joins “Unicorn” Ranks with $400M Fundraising
Flexible workspace provider Knotel completed a $400-million financing, led by Wafra, an investment arm of the Sovereign Wealth Fund of… Read more
JLL Brings Retail Quartet to Columbia-Owned Resi Building
JLL has signed four retail tenants on behalf of Columbia University at the base of 2901-2913 Broadway, a university-owned residential… Read more
Little Italy Mixed-Use Commands Premium in Sale
Cushman & Wakefield arranged the sale of 128 Mulberry St., a 4,800-square-foot mixed-use property in Lower Manhattan’s Little Italy neighborhood. The final closing… Read more
Landlords Exposed to $40B in Rent Commitments from WeWork
If international co-working giant WeWork were to hit trouble, hundreds of landlords would be exposed to more than $47 billion… Read more
Paramount Claims San Francisco’s Market Center for $722M, Finalizes $402M 55 Second St. Deal
New York-based Paramount Group Inc. completed the acquisition of a 44% joint venture interest in 55 Second Street in San… Read more
ABS Lists 250K-SF Mott Haven Development Site
ABS Partners Real Estate has been retained to advise a long-term family partnership that owns 40 Bruckner Blvd., a 250,000-square-foot… Read more
Hicksville Retail Center Trades for $500/SF
Hanley Investment Group Real Estate Advisors arranged the sale of a 100%-occupied, 13,300-square-foot multi-tenant retail center on Long Island in… Read more
Life Time Makes Brooklyn Debut at Front & York MXU
CIM Group has secured a long-term, 77,000-square-foot lease with Life Time Fitness for its Front & York project in Brooklyn’s… Read more
Rent-Stabilized Buildings Seeing Lower Deal Volume
Recent changes to regulations of rent-stabilized apartments have dramatically altered New York City’s multifamily landscape, says Marcus & Millichap in… Read more
ASB’s 625 Broadway Will Undergo Repositioning
The Kaufman Organization was named the exclusive leasing agent at ASB Real Estate Investments’ 625 Broadway. A Kaufman team will oversee a campaign… Read more
No Relief in Sight for Higher Rents
“The Rent is Too Damn High — and It’s Going to Stay That Way,” reads a title in Reason Magazine’s… Read more
Whole Foods Signs Lease for 60K SF in NoMad
Whole Foods Market has signed a lease for 60,000 square feet at 63 Madison Ave., a/k/a 28 E. 28th St.,… Read more
GTIS Partners, Graham Street JV Grabs Marin County Asset for $73M
New York City-based GTIS Partners LP and San Francisco-based Graham Street Realty formed a JV and simultaneously closed the acquisition… Read more
Lightbridge Academy Chooses Far West Side for First Manhattan Lease
Early childhood education center Lightbridge Academy has signed its first Manhattan lease, committing to 15 years and 11,491 square feet… Read more