New York
B6 Adds Marketing Director, Trio of Territory Managers
B6 Real Estate Advisors has named Dion Duyck as the firm’s managing director of marketing and communications. The recently-launched advisory… Read more
Investment Firm’s Move-Over Brings 1633 B’way to 100% Occupancy
New Mountain Capital, an investment firm with $20 billion-plus in assets under management, is taking a small step for a… Read more
Downtown Resi Growth Continues Apace; Construction Follows Suit
Along with success in office and retail leasing, another measure of Lower Manhattan’s vitality is its growing residential sector. The… Read more
Hard Rock Expands Storefront, Renews Times Square Lease
Hard Rock International, a presence in the Times Square district since the early 2000s, intends to maintain that presence through… Read more
Lightstone’s LIC Rentals Secure $187M Citibank Financing
Lightstone has closed on $187 million in financing from Citibank for ARC, a 428-unit luxury rental property in the Dutch Kills… Read more
Cold Storage Supply Plays Catch-Up with Increasing Demand
E-commerce isn’t the only increasing demand driver for industrial real estate. A case in point is the market for fresh… Read more
Nova Capital Launched with More Than $640M in Pipeline
Connect Los Angeles is planned March 21st at the Hotel Indigo Downtown Los Angeles. You can get more information and… Read more
Office/Industrial Project Would Keep Fish Processor in Brooklyn
ACME Smoked Fish Corporation, one of Brooklyn’s longest-operating manufacturers, is joining forces with Rubenstein Partners on a 583,000-square-foot commercial facility that would… Read more
HBC Closes Sale of Midtown Flagship to WeWork
HBC has closed on the sale of the Lord & Taylor Fifth Avenue building to WeWork Property Investors (WPI), the… Read more
Rezoning, Opportunity Zones Spur Bronx Development Site Sales
The Bronx’s investment sales market held steady in 2018, with multifamily properties a primary driver, Ariel Property Advisors said in… Read more
Naftali Group Finds Bigger Space at Carnegie Hall Tower
Lee & Associates NYC’s Corey Abdo, David Toran and Ari Waldman have negotiated a 10-year, full-floor lease of 8,455 square… Read more
Edison’s Ludlow Rentals Land $75M Refi via Greystone Bassuk
Greystone Bassuk has closed on a $75-million Fannie Mae loan to Edison Properties LLC for the Ludlow, a 23-story, 241-unit… Read more
Hunt Finances Acquisition of Jacksonville MF
New York-based Hunt Real Estate Capital provided a Fannie Mae conventional multifamily loan in the amount of $35.6 million to… Read more
$165M in Financing Arranged for Downtown Brooklyn Condo Development
HFF secured $165 million in financing for the development of One Boerum Place, a 21-story, luxury mixed-use condominium project in… Read more
Medici Brings Quarters Co-living to Bed-Stuy
Medici Living Group’s Quarters co-living brand is coming to Brooklyn, with a ground-up development in Bedford-Stuyvesant. The owner and developer… Read more
CBRE Team Brokers $130M Boutique Sale in NoHo
CBRE’s Darcy Stacom, William Shanahan and Ryan Spector have arranged the $130.5-million sale of 0 Bond St., also known as 670-674 Broadway,… Read more
Political Tensions Ratchet Up as Amazon Questions LIC Plans
A report in the Washington Post that Amazon may be reconsidering the Long Island City portion of its two-campus scenario… Read more
Investor Demand Remains High for Chicago Office
Chicago slipped year over year in the rankings of Institutional Property Advisors’ U.S. Office Index, in common with New York,… Read more
Northern Manhattan Market: Deals Down, Dollars Up
Northern Manhattan investment sales saw both increases and a year-over-year decrease in 2018, according to Ariel Property Advisors data. Although… Read more