New York
Newly Built Brooklyn Industrial Secures Refi
Aries Capital VP Brandon Perdeck has closed a $6.5-million CMBS loan for a 16,500-square-foot manufacturing facility at 413 20th St. in Brooklyn. Perdeck… Read more
Nuveen, OCDM Transform Former Sears Warehouse
The base building redevelopment of Nuveen Real Estate’s 368 Ninth Ave. is nearing the halfway mark. OC Development Management (OCDM)… Read more
Mixed-Use Lenox Hill Property Fetches $1,379/SF
Cushman & Wakefield arranged the sale of 833 Lexington Ave., a 5,765-square foot mixed-use property in Lenox Hill. The property traded for… Read more
WeWork Inks a Pair of San Antonio Deals
New York City-headquartered WeWork signed leases in two downtown San Antonio buildings. The co-working behemoth will be taking space at… Read more
Crown Heights Parcel Trades for $2.45 Million
Note: The original story in this space has been removed at the request of Ariel Property Advisors. We regret any… Read more
Mixed-Income Project Opens in University Heights
City and state officials announced the opening of the Morris Avenue Apartments, a new 11-story, 94-unit mixed-income affordable housing development… Read more
Financial Firm Plants Flag in NJ with Buy from Mack-Cali
Cushman & Wakefield recently arranged the off-market trade of 2115 Linwood Ave. in Fort Lee, NJ. The firm’s David Sherman… Read more
Microsoft Leases 70K SF at Newly Built Offices
Microsoft has signed a lease for about 70,000 square feet of space with the new owners of 300 Lafayette St.,… Read more
Penn Station Will Get New Main Entrance
Construction is scheduled to begin next month on the new main entrance to Penn Station, to be located at 33rd… Read more
Dual-Branded Marriott Gets $58M Takeout Financing
Meridian Capital Group arranged $58.5 million in financing to take out a construction loan on a dual-branded Marriott Courtyard and… Read more
Nonprofit Sells LES Building for Resi Development
66 Clinton St. and an adjacent land parcel on the Lower East Side have traded for $8.7 million. The three-story, 4,340-square-foot… Read more
Sag Harbor’s Main Street Lands Two Retail Tenants
Manhattan Skyline Management Corp., has signed two new, long-term lease agreements for retail spaces on Main Street in the Suffolk County… Read more
1201 Broadway Lands New Restaurant Concept and First Full-Floor Lease
Williams Equities has made major strides in repositioning 1201 Broadway in NoMad, signing Corner Table Restaurants to anchor the property… Read more
Retail Dealmaking Rises in Manhattan as Asking Rents Decline
Average asking rents for available ground floor retail spaces decreased year-over-year from spring 2018 in 12 of the 17 Manhattan… Read more
Pre-war Apartment Property Offers Repositioning Prospects
The Compass investment sales team of Adelaide Polsinelli and Trystan Polsinelli has been hired to market the Royal Court at… Read more
Equinox, Industrious to Debut Workspace Experiences in Clubs
New York-based Equinox and Industrious formed a partnership to create workspaces co-located with fitness club locations. Operating under the co-brand… Read more
Compass’ Polsinellis Market Ridgewood Development Site
Compass’ Adelaide Polsinelli and Trystan Polsinelli have been hired to market 63-49 & 63-53 60th Pl. in Ridgewood, Queens. The property offers… Read more
Bardin Hill Commits to Full Floor at 299 Park
Fisher Brothers has signed a full-floor lease of 28,045 square feet with global investment management firm Bardin Hill Investment Partners… Read more
NYC Slips from Top Rank for Small Businesses
High rents and construction costs in New York, along with new mandates from the city, have pushed Miami ahead of… Read more