New York
Alliant Says Retail Lending Hasn’t Vanished, It’s Just Smarter Today
By Dennis Kaiser Alliant Credit Union’s Charles Krawitz, Vice President and Head of Commercial Lending, shares insights about the retail… Read more
Party City Faces Helium Shortage, Closing 45 Stores
Elmsford, NY-based Party City plans to close roughly 45 of its approximately 870 Party City locations in 2019. The store… Read more
Denis Barreto, Jr. Joins Thorofare Capital as Director of Credit
Los Angeles-based Thorofare Capital expanded its team with the addition of Denis Barreto, Jr. as Director, Credit. He brings more… Read more
Unitex Takes 188K SF at MA Facility for New Plant
Unitex Healthcare Laundry Services took the entire 188,653-square-foot building at 155 Shepard St. Lawrence, MA. The Elmsford, NY-based company will… Read more
Turtle Bay Apartment Tower Lands $72M Refi
PGIM Real Estate Finance has provided a $72-million Fannie Mae loan to refinance EK Group’s Olympia House, a 21-story, 240-unit… Read more
Comptroller: $101B of NYC Properties Face Superstorm Risk
Nw York City has lagged in implementing resiliency projects to protect coastal areas from rising sea levels and the threat… Read more
Rockland Industrial Sells Quickly Amid Strong Interest
Strong buyer interest and quick turnaround for 3 Alpine Ct. in Chestnut Ridge, NY reflected sustained demand for Class A… Read more
Avison Team Markets $100M Upper East Side Group
Avison Young’s tri-state investment sales group is marketing the ownership shares in a commercial real estate portfolio of 12 mixed-use… Read more
West Village Loft Building with Courtyard Up for Sale
JLL’s Brendan Maddigan and Brock Emmetsberger are leading the marketing efforts for 54 Seventh Ave. South, a four-story loft building… Read more
MF Development Site Acquired in Portland, Maine Opportunity Zone
Huntington, NY-based URS Capital Partners acquired more than seven acres of land in a Qualified Opportunity Zone where it plans… Read more
NY Construction is “Booming” Citywide and Statewide
New York State’s construction industry is “booming,” according to State Comptroller Thomas DiNapoli. “In 2018, the construction industry was nearly… Read more
Carlyle, Stonehenge Recapitalize Ritz Plaza
The Carlyle Group’s Carlyle Property Investors fund and Stonehenge NYC have recapitalized The Ritz Plaza, a 479-unit Times Square apartment… Read more
Life Sciences Building Breaks Ground in Manhattanville Factory District
Janus Property Company has broken ground on the Taystee Lab Building, an 11-story, 350,000-square-foot, Class-A property that will serve as… Read more
Knotel Increases Midtown South Presence by 14K SF
Knotel has finalized a 14,160-square-foot lease at Eretz Group’s 101 Fifth Ave. With this deal, the flexible office provider now… Read more
Amazon’s Cashless Store Veers Back Toward Cash
A year ago, Amazon launched its high-tech Go convenience store concept. With no cashiers on hand, shoppers enter the store… Read more
RXR, WeWork Forge Partnership at 75 Rockefeller Plaza
RXR Realty and WeWork are collaborating on a revenue-sharing initiative at RXR’s 75 Rockefeller Plaza. The announcement follows RXR’s recent… Read more
Adam America Tops Out on Boerum Hill Condos
Adam America Real Estate’s Five Six One Pacific, a 63-unit luxury condominium building designed by ODA New York at 561… Read more
Live Nation Eyes American Stock Exchange for Indoor Venue
Live Nation wants to build a 3,000-seat concert venue in Lower Manhattan, Crain’s New York Business reported. The concert promoter… Read more
JLL Markets Family-Owned Resi Portfolio
JLL Capital Markets is marketing for sale a portfolio of Upper West Side multifamily properties, located at 17 W. 82nd… Read more