New York
Bunge Will Shift Corporate HQ from NY to St. Louis Metro
Agribusiness company Bunge Limited recently announced a corporate headquarters move from White Plains, NY to Chesterfield, MO in the St.… Read more
Sales Launch at Eleven Hancock Condos in Harlem
Sales have commenced at Nortco Development’s Eleven Hancock in Harlem, a ground-up luxury condominium located at 11 Hancock Pl. just south of 125th Street near… Read more
FHA Section 220 Program Expands to Cover Opportunity Zone MXU
Ben Carson, U.S. Housing and Urban Development (HUD), has made it clear that he would like to see more development… Read more
Cuomo Taps Gertler as NY State’s Economic Development Head
Gov. Andrew Cuomo has nominated Eric Gertler to serve as president and CEO of Empire State Development (ESD), New York… Read more
CushWake’s Preuss and Schmitz Market Mixed-Use Site in Queens
Cushman & Wakefield has been retained to market for sale 138-23 Queens Blvd., a 29,784-square-foot lot in Queens’ Briarwood neighborhood. Ownership… Read more
“Robust” Sales at St. Regis Rye Condos
Sales are off to a rapid start at The St. Regis Residences, Rye, a 92-unit luxury condominium development in Rye, NY.… Read more
MRC Finances McSam’s Hotel Repositioning
Madison Realty Capital (MRC) provided hotelier Sam Chang an $83-million loan to recapitalize a 230-key property at 25 W. 51st… Read more
NYC on Pace for Another Tourism Record Despite Headwinds
In the face of headwinds buffeting international tourism, New York City is on pace for another record year. 2019’s projected… Read more
CBRE Team Inks First Retail Lease for Renovated NoMad Asset
Paris-based luxury goods company Diptyque and British beauty retailer Space NK Apothecary London, signed a 10-year lease at 1165 Broadway. The unspecified… Read more
Congratulations to 2019’s Next Generation Award Winners
Connect Media is pleased to announce the recipients of our third annual Next Generation Awards. We chose 90 young leaders… Read more
Barclays Center Sells Along with Brooklyn Nets Franchise
Alibaba co-founder Joe Tsai is acquiring the Barclays Center arena in downtown Brooklyn for a reported $700 million. It’s separate… Read more
Rapid NYC Expansion Leads Catchafire to Lease Another Floor
Catchafire, which makes skill-based connections between professional volunteers and nonprofits, has expanded its headquarters at 31 E. 32nd St. In… Read more
Delshah JV Launches Work on Downtown BK Redevelopment
Joint-venture partners START Treatment & Recovery Centers, Delshah Capital and OTL Enterprises recently launched the first phase of construction for 22 Chapel St., a residential tower in… Read more
Finalists Selected for NYC’s Cybersecurity Challenge
Eighteen finalists have been selected from the 169 proposals received for the NYCx Cybersecurity Moonshot Challenge. The Moonshot Challenge is… Read more
Essex Realty Adds Associates to Investment Sales Team
Essex Realty Group has hired two new associates, Ben Bakula and Jonathan Weissman. They’re joining the firm at a time of… Read more
Marriott Hudson Yards Garners $199M Refi
Mack Real Estate Credit Strategies provided a $199-million loan to refinance the Courtyard by Marriott Hudson Yards hotel, recently built… Read more
Today’s Commuter Can Spend Two Weeks Per Year in Transit
By Paul Bubny The 1993 movie “Falling Down” begins with a heavily perspiring Michael Douglas behind the wheel of a… Read more
San Francisco Dominates Global Price Growth Rankings, Los Angeles No. 4
Two California markets claimed spots among the top four on Real Capital Analytics’ (RCA) global price growth rankings. North America… Read more
Affordable Housing Lottery Opens at Brooklyn’s Athena North and South
The city opened its affordable housing lottery for 114 units in the Athena North and South buildings in Brooklyn’s Clinton Hill. Both buildings are being… Read more