New York
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
CIT Lends on William Macklowe’s New-Build MOB
CIT Group’s Real Estate Finance division has provided a senior secured construction loan of up to $35 million for development… Read more
City Plans to Spend $180M on LIC Infrastructure
The de Blasio Administration has announced plans to invest $180 million in Long Island City’s infrastructure, including school, transportation and… Read more
Aghravi Team Does $150M in Deals Post-Eastern
Jonathan Aghravi and his capital advisory team, formerly of Eastern Consolidated, have completed more than $150 million in finance transactions… Read more
Park Avenue Tower Adds 2 Financial Tenants to Roster
EQ Office has signed a pair of financial tenants to leases totaling 14,914 square feet at Park Avenue Tower. Both… Read more
Avison Young Lands 2 Top Brokers from CBRE
Keith Caggiano (above) and Roshan Shah have joined Avison Young as principals based in the firm’s Manhattan office. Both were… Read more
HALO Branded Joins Tenant Roster at LIC’s Factory
A partnership between Atlas Capital Group, Partners Group and Invesco has signed a 17,684-square-foot, 10-year lease with HALO Branded Solutions… Read more
Mill Creek’s Luxury Resi Opens on Yonkers Waterfront
Mill Creek Residential’s Modera Hudson Riverfront in Yonkers held its grand opening recently, with Mill Creek officials and Yonkers’ Mike… Read more
Civic Builders Relocates to Olmstead’s 180 Varick
Handler Real Estate Organization has arranged a long-term, 5,573-square-foot relocation and expansion at Olmstead Properties’ 180 Varick St. on behalf… Read more