New York
Two-Building Detroit Office Campus Sells to NYC Investor
CBRE’s Anne Galbraith Kohn recently represented Hayman Company in its disposition of Northfield Office Park, 5600 and 5700 Crooks Rd.… Read more
Bronx Development Site Snapped Up by Medical Group
Meridian Investment Sales, the commercial property sales division of Meridian Capital Group, has sold a development site in the Bronx… Read more
Digital Platform Provides Multifamily Borrowing Options
TapCap, described as the real estate industry’s first fully digital nationwide multifamily lending company, is now up and running. The company… Read more
Allianz Takes Big Stake in 30 Hudson Yards
Allianz has taken a significant stake in a second Hudson Yards tower, paying $384 million for a 49% interest in… Read more
NYCEDC Funds Will Bring Industrial to Former Spofford Center
The New York City Economic Development Corporation recently selected Mutual Housing Association of New York (MHANY) as the next awardee… Read more
Davines Moves Offices to North Williamsburg
Lee & Associates NYC has negotiated a 10-year, 15,479-square-foot lease on behalf of luxury sustainable beauty company Davines North America at 61 N.… Read more
Polsinellis Market Commercial Co-op in Booming Flatiron District
Compass’ Adelaide Polsinelli and Trystan Polsinelli been hired to sell a full floor, 8,500-square-foot commercial co-op at 85 Fifth Ave. in… Read more
Is Florida Baby Boomer Central? Yes and No
The oldest of the Baby Boomers are now in their early 70s, while the youngest will turn 55 this year,… Read more
10-Story, $45M Office Eyed for Downtown Boise
Boise, ID-based Rafanelli & Nahas submitted plans to develop a 10-story office building in Downtown Boise. The 181,000-square-foot project would… Read more
Cost of Leasing Prime Office Space Accelerates Globally
Continued economic growth, job gains and limited availability of prime space in certain markets caused an acceleration in global prime… Read more
Museum of Natural History Breaks Ground on $383M Center
The American Museum of Natural History (AMNH) broke ground Thursday on a 230,000-square-foot, $383-million addition. The Richard Gilder Center for… Read more
Brooklyn Leads NYC in Growing Its Innovation Economy
Brooklyn is far ahead of Manhattan and the rest of the city in terms of growing its innovation economy, the… Read more
Permanent Bridge Over West Street Opens This Fall
The long-delayed West Thames Street Pedestrian Bridge was recently welded into place above West Street, and will open to the… Read more
KKR, AIP JV Claims Another Chula Vista Asset
Denver-based Black Creek Group sold the Chula Vista Industrial Center in San Diego to a partnership of New York-based KKR… Read more
Downtown BK Luxury Tower Secures $70M Construction Debt
JLL has lined up $70 million in acquisition and construction financing for Lonicera Partners’ new luxury apartment development at 308… Read more
L&L Tops Out on MasterCard’s Future Tech Hub
Executives from L&L Holding Company and OC Development Management, along with more than 100 construction workers, designers and engineers, recently… Read more
Alexandria REIT Partners with Columbia U. on Life Science Startup Lab
Alexandria Real Estate Equities partnered with Columbia University on Alexandria LaunchLabs @ Columbia, a life science startup facility, at the university’s Washington… Read more
Cuomo Says He’ll Sign Rent Reform Bill
Gov. Andrew Cuomo says he will sign the bill expanding and revamping New York State’s rent laws, which affect apartment… Read more
LI’s Declining Birth Rate Means Future Worker Shortages
Long Island’s declining birth rate will make an impact in the form of worker shortages in the coming years, says… Read more