New York
Hudson Square BID Selects Design Team for New Streetscape
The city and the Hudson Square Business Improvement District have selected a joint consultancy team to create new pedestrian space… Read more
Online Apparel Brand Comes to Armitage Shopping Corridor
Intimate apparel and lifestyle brand Lively has opened its first Chicago location and second brick-and-mortar store at 823 W. Armitage… Read more
Related Midwest Brings in COO from Parent Company
Related Midwest has brought Frank Monterisi over from parent organization the Related Companies to serve as COO. Monterisi’s role with… Read more
Sale to Church Closes Loop on Interconnected Deals
Avison Young has completed Jan Hus Presbyterian Church’s acquisition of a four-story, 15,000-square-foot property at 1745 First Ave. for $10.3 million. The purchase is one… Read more
Knotel Signs Deals at Two Fifth Ave. Locations
Thor Equities has leased a combined 17,600 square feet at two Fifth Avenue properties to Knotel. The flexible office space… Read more
San Francisco Reaches the Top of the Global Heap Despite Quality of Life Challenges
San Francisco has unseated Zurich from its long-held top ranking for both wages and disposable income in the latest Deutsche… Read more
Where are Best Places to Get a Summer Job?
This summer’s job market is likely going to be challenged by the tight U.S. labor market. The national unemployment rate… Read more
C-PACE Securitizations and Their Implications for CRE Industry
By Dennis Kaiser Sausalito, CA-based CleanFund, a national commercial property-assessed clean energy (C-PACE) origination platform, recently was awarded GlobalCapital’s 2019… Read more
NY Developer Breaks Ground on X Phoenix MF
The Connect Apartments Conference will take place June 20, 2019 in Los Angeles. For more information, or to register, click… Read more
Blackstone Sets $5B Target for Latest Debt Fund
New York-based Blackstone Group LP is reportedly targeting a $5-billion capital raise for Blackstone Real Estate Debt Strategies IV. The… Read more
Navy Yard’s Clare Newman to Lead Governor’s Island Trust
Clare Newman, the Brooklyn Navy Yard Development Corporation’s chief of staff, has been nominated to serve as president and CEO… Read more
$50M First Mortgage Will Bring Condo Project to Completion
Madison Realty Capital (MRC) has provided a $50-million first mortgage loan on a development project in Brooklyn’s Broadway Triangle neighborhood. The… Read more
Headquarters by WeWork Comes to Seventh Ave. Tower
WeWork has entered into an agreement with the Adler Group to secure 52,477 square feet at 550 Seventh Ave. in… Read more
New York-Presbyterian Moves Ahead with Washington Heights MXU
New York-Presbyterian (NYP) plans to build a 13-story, mixed-use project near its Washington Heights campus. Via architectural firm Arquitectonica, the… Read more
Port Authority Gets the Ball Rolling on New Bus Terminal
The Port Authority of New York and New Jersey has begun the environmental review process for replacing its Midtown Manhattan… Read more
Larissa Belova Joins CBRE Global Investors
CBRE Global Investors expanded its leadership team with the addition of Larissa Belova as a Senior Director and Deputy Portfolio… Read more
NKF’s Ezratty Markets East New York Parcel
NKF has been retained to sell a 10,761-square-foot lot located at 2390-2400 Pitkin Ave. in Brooklyn’s East New York neighborhood.… Read more
Google Adds Milk Building to NYC Holdings
Already the owner or tenant of much of the commercial property between West 15th and West 16th streets in Manhattan,… Read more
LI Unemployment Hits Two-Decade Low
Long Island’s unemployment rate hit a 20-year low in April, according to figures from the State Department of Labor. The… Read more