New York
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
$132M in Bonds Go to Staten Island Hospital’s Upgrades
The modernization of Richmond University Medical Center on Staten Island has gotten $132 million in funding, thanks to tax-exempt bonds… Read more
Health + Hospitals Inks Mega-Lease to Anchor FiDi Tower
NYC Health + Hospitals has completed a 526,552-square-foot office lease with GFP Real Estate and Northwind Group at 50 Water… Read more
Retail Segment Battered, But Weathers Storm
Given the many store closures across the U.S., minimal changes in vacancy rates show how the retail sector has withstood… Read more
Howard Gilman Foundation Acquires Harbor Group Office Condo
The Howard Gilman Foundation, which supports performing arts in New York, has acquired an office condominium at Harbor Group International’s… Read more
Turnbridge Buys South Bronx Site for Industrial Development
Manhattan-based Turnbridge Equities has purchased a 10-acre industrial development site in the South Bronx’s Port Morris area for $56.2 million,… Read more
Buildings Commissioner Chandler to Step Down
Buildings Commissioner Rick Chandler will retire Jan. 31 after 31 years with city government, including 20 with the Department of… Read more
Nominate One of the Year’s Top Commercial Brokers
Do you know a commercial real estate broker or team who made a big impact in 2018? For the second… Read more
Opportunity Zone Funds Come in Different Shapes and Sizes
The Dec. 3 update of Qualified Opportunity Zone funds, compiled by the National Council of State Housing Agencies (NCSHA), lists… Read more
Bronx Development Site Hits New Pricing High
Cushman & Wakefield has arranged the sale of 761-775 E. 233rd St., a 69,990-buildable-square-foot development site in the Wakefield neighborhood… Read more
Multifamily in BK’s Cultural District Gets $32M Loan
HFF has arranged $32 million in financing for Jonathan Rose Companies’ Caesura, a newly-completed, 123-unit residential building with ground-floor retail… Read more
Industry Leaders Share What REBNY Means to Them (VIDEO)
“There are economies that come and go, there are mayors that come and go, there are governors that come and… Read more