New York
“Landmark” Eatery Will Reopen with Larger Site at Flushing MXU
Two months after closing up shop, popular Shanghainese restaurant Nan Xiang Xiao Long Bao has committed to a larger location… Read more
Architect Cesar Pelli Dies at 92
Cesar Pelli, who designed landmarks on four continents yet downplayed his own style, died July 19 at age 92 in… Read more
Group RMC Acquires Four-Building Memphis Office Portfolio
An affiliate of New York-based Group RMC has acquired a four-building office portfolio in Memphis. The four buildings total 391,297… Read more
Safe Lots for Homeless: A Solution or More Fuel to Growing Problem?
By Cole Feldman San Francisco intends to designate a parking lot near the Balboa Park public transportation depot as ‘safe’… Read more
CRE Industry Pushes for Updates to 1948 Law Regulating NYC Drone Use
By Paul Bubny Flying a drone is effectively prohibited in New York City, notwithstanding a 2016 rule from the Federal… Read more
Boeing-leased El Segundo Property Sold for $51M
A two-building 200,220-square-foot office campus in Los Angeles’ El Segundo submarket has been sold for $50.8 million. Located on nearly… Read more
Construction Set to Launch at Former Spofford Center Site
A development team of Gilbane Development Company, The Hudson Companies and MHANY Management Inc. will begin construction in the coming… Read more
Legal Data Provider Inks First Midtown Lease
Legal data provider Leopard Solution, based north of the city in Bronxville, NY, has signed on for its first Midtown… Read more
California Investor Sells 130K-SF Chandler Business Center
Montana Avenue Capital Partners sold Chandler Business Center, a 129,840-square-foot, creative office, flex-tech and retail space, in Chandler, AZ. The… Read more
Jamestown Acquires The Shops Buckhead Atlanta
Atlanta-based real estate investment and management company Jamestown acquired The Shops Buckhead Atlanta, a 356,000-square-foot retail and office portfolio in… Read more
Skanska Updates Vision for 30-Story Belltown MF Tower
New York City-based Skanska revealed new designs for a 30-story multifamily tower with ground-floor retail it plans to develop in… Read more
Boutique Investment Firm Relocates Within Soho
Lee & Associates NYC’s Dennis Someck, Justin Myers and Conor Krup have arranged an eight-and-a-half year, 6,400-square-foot lease at 75 Spring… Read more
NYC’s First New Bank Since 2008 Opens for Business
New York’s first new bank chartered by the state’s Department of Financial Services (DFS) since before the 2008 financial crisis,… Read more
Exact Capital Partners with Bronx Shepherds on Affordable Rehabs
Exact Capital has renovated and preserved 333 affordable residential rental units and four retail spaces in 19 buildings located throughout… Read more
Mill Creek Launches Leasing at Luxury Mineola Apartments
Mill Creek Residential has launched leasing at Modera Metro Mineola, its new luxury apartment community located in downtown Mineola, NY, a short… Read more
SKW, Bain Capital Partner on Distressed-Debt Fund
New York-based SKW Funding and Bain Capital Credit formed a joint venture to acquire $500 million in sub-and non-performing notes.… Read more
New Rent Regs Put the Chill on Investment Sales
Although it’s arguably too soon to gauge the direct effect of the new rent regulations signed into law by Gov.… Read more
East Harlem MXU Closes on $223M in Financing
L+M Development Partners, Jonathan Rose Companies and Acacia Network closed on $223 million in financing for phase one of Sendero… Read more
Lee NYC Lists City-Occupied Brooklyn Offices
Lee & Associates NYC’s Ben Tapper and Garry Steinberg have been named the exclusive sales agents for 731 Flushing Ave., a single-tenant office building in… Read more