New York
88 Buildings to Go Up in NYC’s $17B Schools Capital Plan
Schools chancellor Richard Carranza and the School Construction Authority plan to spend $17 billion over the next five years to… Read more
AY Team Brings Duo of Properties into Contract
Avison Young’s tri-state investment sales team has marketed a pair of Manhattan properties in a bankruptcy proceeding and brought both… Read more
Bathhouse Turned Studio and Event Space Trades in East Village
Cushman & Wakefield has arranged the sale of 538 E. 11th St., a 14,000-square-foot multilevel studio and event space known… Read more
Visa, Hudson Yards Partner on Payment Technology
Visa has become the official payment technology partner of Related Oxford’s Hudson Yards. With more than 100 shops and restaurants… Read more
Extell Development Acquires Iconic Four Seasons Resort and Club
Extell Development bought the 431-key Four Seasons Resort and Club Dallas at Las Colinas. The Manhattan-based buyer came to an… Read more
WeWork Unveils Plans for Historic Lord & Taylor Manhattan Building
Taking over Lord & Taylor’s historic Fifth Avenue site, WeWork has unveiled its plans for the 700,000-square-foot building in Manhattan.… Read more
Coming to your Nearest Bass Pro Shop: Build-A-Bear
With the holidays just around the corner, Build-A-Bear Workshop is expanding its stuffed-bear-making abilities nationwide. The Saint Louis, MO company… Read more
Capital Square 1031 Completes DST Offering, Nine MOBs in Five States
Virginia-based Capital Square 1031 says CS1031 Diversified Dialysis Portfolio, DST, comprised of nine medical office buildings in five states, has… Read more
Glasshouses Aims for Fall 2019 Opening in Hell’s Kitchen
Glasshouses, which operates an event space in West Chelsea, will open a new flagship location in Hell’s Kitchen in fall… Read more
Ariel Handles Septet of “Challenging Loans”
Ariel Property Advisors’ capital services division recently arranged $17.5 million in financing for seven transactions. The funding, located throughout the… Read more
JLL Arranges Refi on UWS Condo Conversion
JLL has arranged a $48.7-million loan to refinance the acquisition and redevelopment of 150 W. 82nd St., a boutique residential… Read more
NYC Employment Hits Record High, Unemployment All-Time Low
Private sector employment growth across New York City rose sharply in September, adding 24,500 jobs from the prior month, the… Read more
LI Seniors Complex Garners $52M Construction Debt
ABS Altman Warwick, the capital markets division of ABS Partners Real Estate, has secured a $52.5-million construction loan on behalf… Read more
RAMCO Properties Changes Name, Relocates to NY
RAMCO Properties is changing its name to RPT Realty and has relocated to New York to be closer to leading… Read more
Vornado Takes 95% Stake in Farley Project
Vornado Realty Trust has increased its stake in the Farley Post Office redevelopment to 95%, buying most of Related Companies’… Read more
Moinian Lands Permanent Refi on Battery Park High-Rise
The Moinian Group has closed a $140-million financing for Ocean at One West Street, the developer’s high-rise multifamily property in… Read more
Bed-Stuy Sees Trade of 4-Story MXU
Marcus & Millichap has arranged the sale of 40 Nostrand Ave., a four-story, mixed-use building with retail and six residential… Read more
City to Build 3 Health Centers in Outer Boroughs
NYC Health + Hospitals, the nation’s largest public health system, will build three new ambulatory care centers, including one at… Read more
Net Lease Platform B + E Opens Chicago Office
B+E, a tech-driven brokerage and trading platform for net lease real estate, has branched out to Chicago and has hired… Read more
