New York
Triple-Digit Office Rents Broaden Their Base
Manhattan’s $100-plus club—office leases with starting rents of $100 or more per square foot—grew larger last year. JLL reported that… Read more
Chase’s Kurt Stuart: NY Multifamily Outlook, Lending Perspective and Technology Impact
By Dennis Kaiser Connect Media recently got together with Kurt Stuart, area manager for the Northeast Region, including New York,… Read more
NYC Ferry Will Expand to All Five Boroughs in 2020
The de Blasio administration announced an expansion of NYC Ferry service to all five boroughs in 2020. The expansion includes… Read more
“The Year of Very Large Leases”
With 11 deals greater than 250,000 square feet in Manhattan over the past 12 months, “This was the year of… Read more
Vanbarton Group Inks Quartet of Leases at 31 Penn Plaza
Vanbarton Group completed four long-term leases, totaling 117,795 square feet, at 31 Penn Plaza, located at 132 W. 31st St.… Read more
Bronx Leads the Boroughs in Resi Price Gains
The Bronx led the boroughs for residential price gains in the fourth quarter of 2018, with a 12% year-over-year increase,… Read more
South Williamsburg Deal is Buyer’s First Foray into Luxury Rental
Hodges Ward Elliott (HWE) has arranged the sale of 424 Bedford Ave. in Brooklyn’s South Williamsburg neighborhood, where it’s the… Read more
Tishman Speyer Makes Entry into Fulton Market District
Tishman Speyer is reportedly making its first foray into the Fulton Market District, via a joint venture with veteran local… Read more
Bridgeport MXU Trio Trades to Time Equities
HFF recently arranged the $21.7-million sale of three mixed-use properties in downtown Bridgeport, CT to New York-based Time Equities Inc.… Read more
Bronx Post Office Revamp Changing Hands
Bronx Post Place, the redevelopment of the historic post office at 558 Grand Concourse, is reportedly trading to a partnership… Read more
Citywide Ferry Adds Stop at Navy Yard’s Dock 72
The NYC Ferry will stop at the Brooklyn Navy Yard’s Dock 72 development beginning in May. Part of NYC Ferry’s… Read more
CBRE Brought In as Co-leasing Agent on 77 Water St.
The William Kaufman Organization (WKO) and Principal Real Estate Investors have retained CBRE as co-leasing agent with Sage Realty Corporation… Read more
Spin Master Joins Cardinal Toys Division at LIC’s Factory
Canada-based Spin Master Corporation is moving its New York City headquarters to the Factory in Long Island City. It’s joining… Read more
FirstService Residential Re-Ups on Clean Energy for NYC Offices
FirstService Residential’s New York City regional office has entered into an agreement to purchase 100% clean energy for its 622 Third… Read more
Public-Private Blockchain Center Launches in Chelsea
New York City Economic Development Corporation has selected FuturePerfect Labs and Global Blockchain Business Council Future to launch and operate… Read more
Canyon Partners Provides Mezz Loan on Lower East Side Condo Build
Canyon Partners Real Estate has provided a $20.3-million mezzanine loan to a joint venture between KD Sagamore Capital and Ranger Properties to… Read more
Mid-America Brokers Retail Center Sale in Jackson, MI
Mid-America Real Estate Corporation’s investment sales team recently brokered the sale of Jackson West in Jackson, MI. The 209,800-square-foot retail center was… Read more
City Seeks Public Input Ahead of SoHo/NoHo Rezoning
The Department of City Planning (DCP) has set Feb. 6 for the first in a series of public sessions ahead… Read more
Bringing Turnkey Rentals to Boston
Add Boston to the roster of markets for Blueground’s furnished-apartment platform. The Athens-based hospitality tech company is entering the market… Read more