New York
Financial Firm Takes Huge Space at Former Citigroup HQ
Boston Properties (BXP) has signed a long-term lease for more than 300,000 square feet with Millennium Management at 399 Park… Read more
NYCR Signs I Love NY Gifts to Times Sq. Flagship
American Realty Capital New York City REIT has arranged a new 15-year lease with I Love NY Gifts for the… Read more
Blue Man Group’s Studio Trades in Manhattan’s First OZ Deal
Blue Man Group’s studio at 48 Clinton St. on the Lower East Side has traded for $5.4 million, or $988… Read more
Seminary Partners with Lendlease, L+M on Morningside Hts. MXU
Lendlease has filed plans with the city’s Department of Buildings for a 42-story tower to be built as part of… Read more
“Queen of Retail” Faith Hope Consolo Passes Away Suddenly
Faith Hope Consolo, known as the “Queen of Retail,” passed away suddenly on Sunday of an apparent heart attack at her… Read more
How the Other 6.9% Lives
Maybe it’s coincidence, or maybe it’s a marker of gentrification. Either way, the census tract with the fastest-growing population of… Read more
2019 Brings Uncertainty to Industrial After Record Port Volume
Container traffic through the Port of New York and New Jersey set a new monthly record in October, wrote CBRE’s… Read more
WeWork Commits to 8 Floors with CIM Group
CIM Group has signed WeWork to a long-term lease for approximately 236,000 square feet at 1440 Broadway. Deal terms and… Read more
Biotech Firm Takes R&D/Office Space at the Mink Building
Quentis Therapeutics signed a lease for 10,000 square feet of research and development/ laboratory/office space at Janus Property Group’s 1361… Read more
HPD Establishes Finance Program with Wells Fargo Grant
The New York City Department of Housing Preservation and Development has launched the Neighborhood Pillars Program with a $2 million… Read more
Urban Commons Names Salvatore Takoushian President, CFO
Los Angeles-based Urban Commons appointed Salvatore G. Takoushian President and CFO. The real estate investment banking veteran, who specializes in… Read more
Fifth Avenue’s Last Office Condo Sells for $18.7M
Cushman & Wakefield has arranged the sale of an 18,003-square-foot office condominium at 420 Fifth Ave. The final closing price… Read more
SJP Joint Venture Finalizes Buy of 470 Park South
A joint venture of SJP Properties and PGIM Real Estate has closed on its acquisition of 470 Park Avenue So.… Read more
Brooklyn, Queens Will See QOZ Investment, Says GFI
Crown Heights in Brooklyn and Far Rockaway in Queens, along with Harlem in Northern Manhattan, are expected to reap investment… Read more
Savills Studley’s Carlise Moves Over to Brokerage Team
Savills Studley has added Valerie Carlise to a New York brokerage team led by vice chairmen Daniel Horowitz and Jeffrey… Read more
AvalonBay Closes on Sale of $760M Portfolio
AvalonBay Communities (AVB) has completed the sale of its 80% interest in five Manhattan properties to a newly-formed joint venture… Read more
Healthcare Real Estate Insights Names 2018 Award Winners
Healthcare Real Estate Insights™ announced the winners of the 2018 HREI Insights Awards™, the only national awards dedicated to recognizing… Read more
Chase Q&A Series Part 1: An Economic and Demographic Perspective
By Kurt Stuart, Chase Commercial Term Lending I recently had the opportunity to speak with Reis economist Victor Calanog, PhD,… Read more
Parcel with Approved Plans Trades in Astoria
Cushman & Wakefield has arranged the sale of 25-79 31st St., a 19,715-buildable-square-foot development site in Astoria, Queens. The final… Read more