New York
Developer Would Upgrade Gowanus Subway Stop in Exchange for More Apartments
Avery Hall Investments (AHI) is offering to design and construct a new ADA-compliant subway entrance, elevator and stairway near its… Read more
Rents Slide in L Train Neighborhoods Even as Shutdown Averted
The dreaded L train shutdown between Brooklyn and Manhattan didn’t happen. But neither did the expected rebound in apartment rents… Read more
Meridian Delivers $355M for Lightstone’s Fig + Pico Hotel Development
New York-based Meridian Capital Group arranged a $355 million construction loan for the development of a dual-branded Marriott AC and… Read more
Nuveen Builds Office, Industrial Investment Team
New York-based Nuveen Real Estate added a pair of portfolio managers for its office and industrial sector strategies. The hires… Read more
HFF’s Mikula on Today’s Debt Market
Connect New York is just around the corner on April 30! Click here to register and attend the event. By… Read more
Port Authority Launches Next Phase of JFK Air Cargo Overhaul
The Port Authority of New York and New Jersey has signed a long-term lease to develop a state-of-the-art air cargo… Read more
Lee NYC Brings Gourmet Market to the Village
Lee & Associates NYC’s Mark Kapnick and Michael Watson have negotiated a 8,200-square-foot lease at 378 Sixth Ave., between Waverly Place… Read more
Hidrock Will Convert Herald Square Property to Office Condos
Hidrock Properties will convert 35 W. 36th St., a 12-story, 78,000-square-foot office building in Midtown’s Herald Square submarket, to office condominiums. Office condo specialist Rudder… Read more
Interactive Golf Coming to 22K SF at Empire Outlets
Slated to open to the public on May 15, BFC Partners’ Empire Outlets will hold at least one attraction in… Read more
One East Harlem MXU Breaks Ground
Development partners and city officials broke ground Thursday on One East Harlem, a one-acre mixed-use project. A key component of… Read more
Valor Capital Acquires Rialto I & II from Denver Seller
Valor Capital Partners LLC acquired Rialto I & II, a two-building, Class A office complex situated in southwest Austin. The… Read more
Rockefeller Plans 200K-SF Distribution Center in Moreno Valley
Rockefeller Group acquired 8.78 acres of industrial land in Moreno Valley, CA and plans to begin construction of a 203,000-square-foot… Read more
Engel Burman Opens Assisted Living Facility in Jericho
The Engel Burman Group (EBG) recently held a ribbon-cutting to open the Bristal at Jericho, the seventeenth Bristal community in EBG’s assisted living portfolio. The… Read more
JDS’ 9 DeKalb Supertall Lands Construction Loan
A $664-million construction loan from Silverstein Capital Partners and Otera Capital has ended JDS Development Group’s years-long quest for financing… Read more
Password Management Firm Takes Flatiron Space for New HQ
Password management firm Dashlane, Inc. has signed a 16,625-square-foot, 10-year lease at 44 W. 18th St. in the Flatiron District. The… Read more
Cushman & Wakefield’s Mosler on the “Night and Day” Evolution of NY Office
By Paul Bubny At Connect New York on April 30, a cross-section of industry experts will address the subject of… Read more
AT&T’s WarnerMedia Inks $2.2B Sale-Leaseback at Hudson Yards
AT&T said Wednesday that its WarnerMedia operating unit had agreed to a sale-leaseback of its headquarters space at 30 Hudson… Read more
RCM Report: Private Investors Move to Forefront of Senior Housing Investment
Private investors have moved to the forefront of senior housing investment, spending $6.2 billion in 2018 as REIT’s continued to… Read more