New York
Arel Capital Obtains Financing for Bayou on the Bend
PCCP LP provided a $36.5 million senior loan to refinance the 241-unit Bayou on the Bend in Houston’s River Oaks/Inner… Read more
KidZania Targets Frisco for First U.S. Opening
Mexico-headquartered KidZania is moving north of the border, and has established its U.S. headquarters in the Dallas-Fort Worth area. In… Read more
Starwood Capital Plans MXU Development in South Bronx Opportunity Zone
Miami-based Starwood Capital Group plans to develop a 147,000-square-foot mixed-use facility in a designated Opportunity Zone in the Bronx, NY.… Read more
Seriously Underwater U.S. Properties on Rise
The latest research by ATTOM Data Solutions shows at the end of the first quarter of 2019, more than 5.2… Read more
San Francisco Leads Nation in $100K+ Job Openings
Research by Ladders Inc. shows that San Francisco is at the top of a list of 15 American cities that… Read more
City Council Okays JP Morgan’s Plan for 270 Park HQ
The City Council has approved JP Morgan Chase’s revised plans to tear down its global headquarters at 270 Park Ave.… Read more
One Stop Properties Expands into Nassau with Full-Building Lease
JLL represented One Stop Properties, a Long Island City-based real estate development company, in its lease at 225 Underhill Blvd.… Read more
Hidrock Project Will Be NYC’s 5th Hilton Grand Vacations
Hilton Grand Vacations (HGV) will open its fifth New York City location, the Central at 5th by Hilton Club, which… Read more
Norwood Apartments Trade After 35-Year Hold
Cushman & Wakefield has arranged the sale of 144 E. 208th St., a 36,800-square-foot multifamily building in the Bronx’s Norwood neighborhood. The… Read more
School of Rock Tunes Up for Second Brooklyn Location
School of Rock has signed a new 3,500-square-foot lease at 300 Graham Ave., a 25-unit condominium building in Brooklyn’s Williamsburg… Read more
Shakespeare & Co. Coming to Downtown Via Brookfield Place
Shakespeare & Co. will open a new store at Brookfield Place in Lower Manhattan as part of its ongoing expansion plans. The… Read more
530 Seventh Draws Tech, Creative Tenants in Spate of Leases
Savitt Partners’ 530 Seventh Ave. has reaffirmed its standing as a Garment District hub for office, technology and creative media… Read more
H + M, Square Mile JV on Bronx Warehouse
Himmel + Meringoff Properties and Square Mile Capital Management have formed a joint venture to acquire 1601 Bronxdale Ave. in… Read more
EmblemHealth Recommits to 440K-SF Downtown Space
Colliers International Group and CBRE have arranged a long-term lease extension at 55 Water St. for EmblemHealth. The non-profit health… Read more
Nolita Condo Project Lands $72M Refi
NKF has arranged a $72-million floating-rate loan to refinance 75 Kenmare, a new condominium development in Nolita, on behalf of… Read more
Meridian Team Markets Manhattanville Apartments for Sale
Meridian Investment Sales has the listing for 408 W. 130th St., an elevator apartment building in Northern Manhattan’s Manhattanville neighborhood,… Read more
Park Hotels & Resorts Acquiring Chesapeake Lodging Trust for $2.7B
Park Hotels & Resorts Inc. and Chesapeake Lodging Trust entered into a definitive merger agreement under which Park will acquire… Read more
Washington Heights on Target’s List of 2020 Openings
Target is coming to Washington Heights. A company spokeswoman confirms that a location of approximately 25,000 square feet is on… Read more
De Blasio Names SCA’s La Rocca as Buildings Commissioner
Mayor Bill de Blasio has named Melanie La Rocca Commissioner of the Department of Buildings, effective June 3. Most recently… Read more