New York
New York Life Claims Chicago Tower for $150M
A New York Life Real Estate Investors venture acquired 200 W. Jackson Blvd., a 28-story Chicago office tower for roughly… Read more
Polsinelli Brokers Sale of Greenwich Village Retail Condo
Adelaide Polsinelli, vice chair of the newly-launched investment sales division at Compass, and colleague Mitchell Goldstick have arranged the sale… Read more
Civic Leader Menin Named NYC Census Director
Veteran civic leader Julie Menin, who played a key role in the post-9/11 redevelopment of Lower Manhattan, has been named… Read more
CareMount Medical Expands Downstate to Murray Hill
CareMount Medical PC has expanded its reach from New York City’s northern suburbs to Manhattan itself. The physicians and employees… Read more
Maverick Provides Loan for Pilsen Co-living Project
Following its financing of a commercial development in the West Side’s historic Pilsen neighborhood, Maverick Commercial Mortgage, Inc., has followed… Read more
Greystone Arranges Fannie Mae Debt for Brooklyn Apts.
Greystone has provided $11,727,000 in Fannie Mae loans to refinance a portfolio of multifamily properties in Brooklyn’s Bushwick and Bedford-Stuyvesant… Read more
Price Drops Now Drive NYC Condo Deals
Pricing in New York City’s for-sale housing, including condominiums and co-ops, is off as much as 20% from the summer… Read more
The Billion Dollar Club: 2018’s Most Expensive Healthcare Development Projects
In 2018, 12 hospitals and health systems announced or unveiled facility expansions and renovations with price tags of $1 billion… Read more
NYC Allocates $52M to Improve Public Hospital System
New York City’s public hospital system—NYC Heath + Hospitals/Metropolitan—will benefit from $52 million in capital investment projects. The investment will… Read more
It’s Official: California is Exporting Many Jobs to Texas
In recent months, headlines have focused on company shifts from California to Texas. Analysts from the Federal Reserve Bank of… Read more
Jernigan Adds LI CubeSmart Facility to Portfolio
Memphis-based REIT Jernigan Capital (JCAP) has acquired the membership interest of its developer partner in a recently-completed self-storage facility in… Read more
Port Authority Brings Electric Buses to Airport Shuttle Fleet
The Port Authority of New York and New Jersey has agreed to procure 18 Proterra electric buses for shuttle service… Read more
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