New York
Brooklyn MXU Tower Receives $208M in Construction Financing
A $207.75 million construction loan was secured to finance the development of 540 Fulton St., a luxury residential and office… Read more
L&L MAG Debuts with Chelsea Residential Project
L&L MAG, the new real estate development firm launched earlier this year by MaryAnne Gilmartin with L&L Holding Company founders… Read more
CushWake Tapped to Sell Plaza District’s Coca-Cola Building
Cushman & Wakefield’s Doug Harmon, Adam Spies and Kevin Donner will bring 711 Fifth Ave. to market early next year… Read more
Gotham Partners with Megachurch on East New York MXU
Christian Cultural Center, New York’s largest house of worship with 45,000 members, has formed a partnership with the Gotham Organization… Read more
DSF Divests New Rochelle, NY MF for $259M
Azure Partners and Harbor Group International, LLC acquired Halstead New Rochelle Metro North, a 40-story apartment tower in New Rochelle,… Read more
Lightstone Grows Moxy Hotel Footprint with Buy of LES Site
Lightstone has acquired a parcel at 151 Bowery on the Lower East Side that will contain the developer’s fourth Moxy hotel… Read more
State Pension Fund Adds $3B to Sustainable Investments
New York State Comptroller Thomas DiNapoli said the New York State Common Retirement Fund would add $3 billion to its… Read more
GFI Markets MXU on Brooklyn/Queens Border
GFI Realty Services is listing 1070 Cypress Ave., a mixed-use multifamily and retail building on the border of Bushwick, Brooklyn… Read more
Newly Built East Harlem Residential Comes to Market
Avison Young’s Tri-State Investment Sales group is marketing for sale 2147 Second Ave., a newly-constructed, nine-story, elevator building in East… Read more
B+E Introduces Online 1031 Trading Platform
B+E launched the first 1031 online trading platform at last week’s ICSC New York Deal Making Show. It joins the… Read more
Where Retail’s Best Opportunities Can Be Found
Amid an environment of dramatic change in retail, there are plenty of opportunities for shopping center owners and investors. To… Read more
U.S. Study: Can Freelancers Cope with the Cost of Living?
Did you know that about 57 million people in America are freelancers? Since freelancers have to take into account business… Read more
Gladstell Self-Storage Goes to Brooklyn Buyer
Merit Hill Capital LP, a real estate investment firm in Brooklyn, NY, acquired the 66,575-square-foot 549-unit Gladstell Self-Storage property in… Read more
Acquisition Financing Arranged for NJ Distribution Center
Cohen Asset Management secured $41.5 million in acquisition financing for Middlesex Logistics Center, a fully-leased, Class A, 507,000-square-foot warehouse and… Read more
CushWake Marketing 59th Street Retail Near Apple Store
Cushman & Wakefield has been retained to market the retail at 5 E. 59th St. The eight-story building is across… Read more
L&L Tops Out on Park Ave.’s First New Offices in Decades
Park Avenue’s first full-block office tower in half a century has topped out, with lead developer L&L Holding Company’s David… Read more
Marketing a Slice of History in the Seaport District
Avison Young’s New York Tri-State Investment Sales Group has been retained to lead the sales efforts for 115 South St.,… Read more
Urban Retail Trends Predict the Bigger Picture
The U.S. shopping corridor where people spend the most time—is it Fifth Avenue in New York or Rodeo Drive in… Read more
Nadel Architects’ Greg Lyon: Re-Thinking & Right-Sizing Retail Experiences
By Dennis Kaiser Greg Lyon is principal and design director at Nadel Architects, a leading Los Angeles-based architecture and planning… Read more