New York
City Council Approves Midtown South Rezoning to Add 9,500 Housing Units
The New York City Council on Thursday approved the Midtown South Mixed-Use Plan, the largest residential neighborhood rezoning plan in… Read more
55-Story Condo Tower Breaks Ground in LIC’s Court Square
Incoco Capital, along with developers Charney Companies and Tavros, held the groundbreaking of a 55-story residential tower in Long Island City’s Court Square. The future condominium encompasses… Read more
Colliers Arranges Financing for Hotel Elysée Repositioning
Colliers arranged a multi-million-dollar acquisition and redevelopment financing package for the historic Hotel Elysée at 60 E. 54th St. in… Read more
Upper East Side Apartments Trade to Overseas Investor
Marcus & Millichap arranged the $10.4-million sale of a 34-unit, 17,110-square-foot multifamily property located at 234-236 E. 88th St. in… Read more
Dwight REIT Closes on Bridge Loan to Refi Greenpoint Rentals
Dwight Mortgage Trust (DMT), the affiliate REIT of Dwight Capital, closed a $34-million bridge loan to refinance 170 Freeman St., a newly developed 67-unit… Read more
BH3-Capstone JV Acquires Newly Built Downtown Brooklyn Tower
A joint venture between BH3 Management and Capstone Equities has acquired Downtown Brooklyn’s 141 Willoughby St., reportedly through foreclosure, and will reposition the tower as a mixed-use… Read more
Vornado Refis Union Square Retail for $120M
Vornado Realty Trust has completed a $120-million refinancing of 4 Union Square South, a 204,000-square-foot Manhattan retail property. The 10-year,… Read more
Two Finance Tenants Relocate to 575 Madison Ave.
CBRE completed two new office leases at 575 Madison Ave. with JTC Group and Arc24 Management, two financial services firms… Read more
NYCEDC Breaks Ground on Waterfront Park in Sunset Park Industrial District
New York City Economic Development Corporation (NYCEDC) broke ground Tuesday at Pier 6, a five-acre pier located at MADE Bush Terminal in the… Read more
Vanderbilt University Garners NYS Approval of Chelsea Campus Lease
Vanderbilt University said Monday that the New York State Attorney General has granted the approval necessary to close on the… Read more
Dunkin’ Signs for Last Retail Space at L&L’s 600 Third Ave.
L&L Holding Company secured an agreement with Dunkin’ to occupy the last remaining retail availability at 600 Third Ave., L&L’s 42-story office… Read more
Lincoln Property JV Acquires City-Leased Brooklyn Offices
Cross Ocean Partners and Lincoln Property Company have acquired the leasehold interest of a fully occupied office building in Brooklyn.… Read more
Roers Obtains $91.4M Financing for Naples Apartments
Marcus & Millichap Capital Corporation (MMCC) arranged $91.4 million in financing for the construction of two multifamily assets in Naples,… Read more
Collected Strategies Signs 60 Madison Lease with Moinian Group
The Moinian Group has signed a 10,000-square-foot lease at 60 Madison Ave. in Midtown South with Collected Strategies, a strategic communications and investor relations… Read more
JLL Named Leasing Agent for Rare Midtown Distribution Facility
JLL said Friday its Northeast Industrial team has been retained by Essex Capital as leasing agent for 501 Tenth Ave.,… Read more
Historically Preserved Portfolio Trades in Upstate NY’s Schuyler County
CBRE closed the sale of a three-property, historically preserved portfolio, including 32 residential apartments and five commercial spaces, located in… Read more