New York
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
Urban Rock Climbing Coming to Williamsburg
Cushman & Wakefield has arranged a 30,598-square-foot, long-term lease for a Brooklyn Boulders urban rock climbing facility at 87 Kent Ave.… Read more
Rhone Debuts Brick-and-Mortar Presence in Midtown
Continuing a trend toward brick-and-mortar presence for online retailers, men’s activewear brand Rhone has opened a pop-up shop at 1585… Read more
WeWork Leads Nonet of Leases at 1450 Broadway
Led by WeWork’s 56,894-square-foot lease, JLL has completed six new transactions and three renewals totaling 107,953 square feet at the… Read more
CushWake Markets Bowery Development Site
Cushman & Wakefield is marketing for sale a 50-foot wide development site at 139-141 Bowery in Lower Manhattan. Asking price for… Read more
Doug Middleton Moves to CBRE from Eastdil
Doug Middleton has joined CBRE Capital Markets as an EVP, moving over from Eastdil Secured. He’ll focus on the acquisition and disposition… Read more
Refi on Flatbush Rentals a Done Deal in Seven Days
Madison Realty Capital (MRC) has closed on a $14.5-million refinancing, collateralized by a mixed-use rental property at 1357 Flatbush Ave.… Read more
Cuomo on Amazon: State Senate Did “Tremendous Damage”
Amazon’s decision to scrap its plans for a Long Island City campus due to political opposition over tax incentives drew… Read more
BREAKING NEWS: Amazon Scraps Plans for NYC HQ2
Days after published reports that Amazon was holding internal discussions about going ahead with plans to build one of two… Read more
RXR Ready to Board $3B Tower Project Near Grand Central
RXR Realty is close to joining the partnership that plans on replacing the Grand Hyatt New York with a $3-billion… Read more
Empire Stores Redevelopment Garners $280M Refi from AIG
Empire Stores, the redevelopment of a Civil War-era coffee warehouse on the East River waterfront in DUMBO, has gotten a… Read more
Civil Litigation Firm Opts to Renew at 33 Whitehall
Savills Studley has arranged a lease renewal for Russo & Toner LLP at 33 Whitehall St. in Lower Manhattan. The… Read more