New York
LIC’s Lion Match Building Signs Tri-County Care
Cushman & Wakefield has arranged a new full floor lease at the Lion Match Building in Long Island City. Tri-County Care will occupy… Read more
JLL Teams with Workout Firm CPS on Underwater Retail Debt
New York-based workout firm Case Property Services (CPS) has tapped JLL as exclusive advisor in CPS’ efforts to resolve distressed… Read more
Lincoln Yards TIF Funding Gets Another Thumbs-Up
Chicago’s Community Development Commission voted unanimously to support the creation of a Tax Increment Financing (TIF) district that would include… Read more
SquareFoot Grows Space-Search Platform with PivotDesk
Proptech company SquareFoot has acquired PivotDesk, a flexible office space marketplace. PivotDesk will operate as a subsidiary of SquareFoot, which… Read more
Lightstone Names Manager for Newly-Launched RE Debt Platform
Investor and developer Lightstone has appointed Eugene Rozovsky (pictured) as SVP of real estate debt strategies. He’ll manage Lightstone Capital, the… Read more
Rare Prewar Apartment Portfolio Listed in Rego Park
B6 Real Estate Advisors has been retained as the exclusive agents of sale for a group of 18 prewar Queens… Read more
Apartment Sales Volume Scales New Annual Peak
Industrial may be the belle of the investment ball, but multifamily hit a new peak in 2018, according to NKF.… Read more
Asset Manager PineBridge Moves HQ to Park Avenue Tower
PineBridge Investments will relocate its global headquarters a couple of blocks up Park Ave. The global asset manager has agreed to a… Read more
Salt Bae Cooks Up Union Square Space for Burger Concept
Chef and restaurateur Nusret Gökçe, known worldwide as Salt Bae (pictured), has inked a 6,000-square-foot lease for Nusr-Et Burger, a… Read more
Ariel Facilitates 3 Brooklyn Development Deals
Ariel Property Advisors has facilitated the sale of three diverse development sites in the popular Brooklyn neighborhoods of Crown Heights,… Read more
Lawmakers Broker PPA with Army Corps on Staten Island Seawall
City, state and Congressional leaders have brokered a Project Partnership Agreement (PPA) with the U.S. Army Corps of Engineers to… Read more
Savills Studley Subleases Two KBRA Spaces at 845 Third
Savills Studley has closed the loop on Kroll Bond Rating Agency’s (KBRA) relocation strategy. After representing the credit rating agency… Read more
Cohen Financial Arranges Debt for Streeterville Hotel Deal
Cohen Financial has closed a $16.85 million loan with Prime Financial to finance the acquisition of the Ivy Hotel, a… Read more
TransPerfect Commits to 5 Floors at Nomad Tower
JLL has completed a 15-year lease with TransPerfect for 123,516 square feet across five floors at Global Holdings Management Group’s… Read more
RED Mortgage Capital Adds NYC Affordable Team
RED Mortgage Capital, a division of ORIX Real Estate Capital, has hired Sean Cullen (pictured) and Ronnie Gyani to lead… Read more
Acquisition, Bridge Debt Financing Secured for Chicago Data Center Portfolio
A venture between New York-based Safanad, Industry Capital and Element Critical secured debt financing for CH1 and CH2, a two-property… Read more
CMBS Opportunity Zone Properties Exceed $65B, So Far
Since the Opportunity Zone program was enacted though the Tax Cuts and Jobs Act of 2017, more than $65 billion… Read more
City Issues RFP for 2 Riverfront Parks in Inwood
New York City Economic Development Corporation and NYC Parks recently issued a request for proposals to design two new waterfront… Read more
Apartment Landlords Get First Break on Concessions in Years
Market share of landlord concessions on new leases in Manhattan fell for the first time in 43 months, Miller Samuel’s… Read more