New York
Hello Living Acquires Site for 1st Bronx Project
Hello Living has acquired 1049 Washington Ave. in the Bronx’s Morrisania section, with plans to reevelop it into a 104-unit… Read more
Convene Partners with Retail Startup New Stand
Flexible workspace provider Convene has launched a company-wide partnership with New Stand, a retail and media startup. The two companies… Read more
Eleva to Open Second Coffee Bar in Greenpoint Landing
Greenpoint Landing, a 22-acre project that stretches for half a mile along Brooklyn’s waterfront, will be home to Eleva, a… Read more
CushWake Markets “Jewel Box” Between Fifth Ave., Rock Center
Cushman & Wakefield is marketing for sale a four-story office and retail building at 12 W. 48th St. that’s slated… Read more
City, State Can Partner with Amazon, Says RPA
In exchange for what the Regional Plan Association calls “a very good deal” for both Amazon and the city and… Read more
Carlton Secures Debt for Coney Island Rental Tower
The Carlton Group’s Ruth Barone has arranged $47.5 million in financing from a private lender on behalf of RYBAK Development.… Read more
Cotton Citizen Inks SoHo Deal for First NYC Store
RFR Realty has arranged a lease agreement with Cotton Citizen at 11 Howard St., a 207-key boutique hotel in SoHo.… Read more
Bridge, DPC Acquire 1.3M-SF Denver West Campus
Salt Lake City-based Bridge Investment Group and Denver-based DPC Companies acquired Denver West Business Park, a 20-building, 1.3-million-square-foot flexible office… Read more
Building Congress: City’s on Track with Affordable Housing Goals
The de Blasio administration is meeting its goals for affordable housing, according to the New York Building Congress. Specifically, NYBC… Read more
Ariel Arranges Sales in West Harlem, Brooklyn Hts.
Ariel Property Advisors’ Victor Sozio led separate teams representing the sellers in two recent property sales, in West Harlem and… Read more
Hospital Insurer Comes to ESRT’s 111 W. 33rd
Empire State Realty Trust has signed FOJP Service Corporation to a new lease at 111 W. 33rd St. in Midtown… Read more
Immigration Law Firm Establishes NYC Presence
Avison Young has arranged a seven-year, 19,000-square-foot lease for immigration law firm Berry Appleman & Leiden LLC at SJP Properties’… Read more
Retail Rents in Manhattan Continue to Ebb
Manhattan’s most popular retail corridors experienced widespread asking rent declines in the fall of 2018, the Real Estate Board of… Read more
Software Firm Clubhouse Inks Sublease in NoMad
Clubhouse Software, which provides project management tools for software development teams, has signed a 5,703-square-foot, short-term sublease to relocate and… Read more
NYC Multifamily Sees Growth Across Metrics
Growth in New York City’s multifamily sector has been the proverbial rising tide that lifts all boats, judging by Marcus… Read more
Farfetch Moves Operations to RFR’s 285 Madison
Online luxury goods hub Farfetch.com, valued at $8 billion in its recent IPO, has signed a new 10-year, 14,875-square-foot lease… Read more
Peloton Rides into Repositioned West Side HQ
Peloton will relocate its corporate headquarters to a 312,000-square-foot anchor space at Cove Property Group’s redeveloped 441 Ninth Ave., now… Read more
MCR, BLT Secure $648M in Financing for 53-Hotel Portfolio
A joint venture between New York-based MCR and Stamford, CT-based Building and Land Technology (BLT) completed a $647.5 million financing across a national… Read more
Wharton Team Takes Top Honors at Cornell RE Competition
A team from the Wharton School at the University of Pennsylvania took first place at the 10th Annual Cornell International… Read more