New York
LIC Residential Shifts to Seller’s Market with Amazon HQ2 News
Well, that didn’t take long. Housing prices in northwestern Queens saw an immediate shift with Amazon’s announcement that Long Island… Read more
Waterline Square MXU Will Have Its Own Indoor Skate Park
GID’s Waterline Square, a five-acre mixed-use project on the Upper West Side, will reportedly be the city’s first residential building… Read more
Adjacent Lower East Side Properties Offer Block-Through Opportunity
The tri-state investment sales group for Avison Young is marketing for sale 116 Elizabeth St. and 132 Bowery, two adjacent… Read more
China International Capital Moves U.S HQ to 280 Park
China International Capital Corporation (CICC) has leased 20,724 square feet of office space at Vornado Realty Trust’s 280 Park Ave.… Read more
Pre-War Elevator Multifamily Fetches 3.3% Cap in Brooklyn
GFI Realty Services has finalized the $15.5-million sale of 2261 Ocean Ave., a six-story apartment building in Brooklyn’s Madison section.… Read more
Carmel Partners Closes Oversubscribed MF Fund 7 at $1.28B
San Francisco-based Carmel Partners completed the final close of Carmel Partners Investment Fund 7, its U.S. multifamily real estate value… Read more
HNA Sells Majority Stake in 850 Third Ave.
Chinese conglomerate HNA Group has sold its majority interest in 850 Third Ave. to locally-based Jacob Chetrit and his sons.… Read more
Ashkenazy Picks Up Full Block of Retail in Sheepshead Bay
Ashkenazy Acquisition Corporation has closed on the $38.25-million purchase of a shopping center in Sheepshead Bay, Brooklyn. The 81,000-square-foot, full-block… Read more
Avison Young’s Mirante Brokers Carmel Parcel Deal
Avison Young has arranged the $3.2 million sale of a 12.75-acre development site at 39 Seminary Hill Rd. in the… Read more
Iconic Chrysler Building Goes on the Market
The iconic Chrysler Building, the world’s tallest building for 11 months in 1930, is up for sale. A CBRE spokesman… Read more
5-Story Brownstone Trades Near Union Square
Cushman & Wakefield has arranged the sale of 117 E. 15th St., a five-story multi-tenanted brownstone near Union Square. The… Read more
Savanna Completes Upgrades at LIC’s Falchi Building
Savanna has completed a $20-million capital improvement plan at the Falchi Building, a five-story, 736,407-square-foot office and retail building in… Read more
Bronx Developer Closes on Financing for $91M Seniors Project
Bronx-based Foxy Management has closed on the financing of its planned Arthur Avenue Apartments, an affordable seniors housing complex set… Read more
Citadel Expands Anchor Tenancy at L&L’s 425 Park
Asset management firm Citadel Enterprises is expanding its anchor tenancy at L&L Holding Company’s forthcoming 425 Park Ave. It’s expanding… Read more
JLL’s Wenk Named a David Rockefeller Fellow
JLL’s Jim Wenk was selected as a David Rockefeller Fellow by the Partnership for New York City. He joins 30… Read more
Digitally Native Brands Adopt Offline Presence
By Dennis Kaiser There’s a new class of retailers set to emerge in 2019 that are worth keeping an eye… Read more
Avison Markets West Village “Mega-Mansion” Opportunity
Avison Young has been named exclusive agent for the sale of 332 W. 11th St., a 30,000-square-foot, five-story, elevator building… Read more
Biopharma Startup Relocates to BLT’s Stamford MXU
Biopharma firm SpringWorks Therapeutics has signed a 23,919-square-foot lease to relocate its company headquarters from New York City to 2… Read more
JLL Arranges LoanCore Debt for 3-Building Deal
JLL has arranged a $95-million loan for the acquisition and repositioning of three Manhattan office buildings by East End Capital… Read more