New York
Council Okays Rezoning for Inwood Neighborhood
The City Council has voted overwhelmingly in favor of rezoning a 59-block area of Northern Manhattan’s Inwood neighborhood. With 43… Read more
Office Portion of 160 Fifth Reportedly Under Contract
The Simons Foundation is under contract to acquire the office portion of 160 Fifth Ave. from RFR Holdings, the New… Read more
Law Firm Heads East to 575 Lex After 50 Years on Fifth
Mid-sized law firm Warshaw Burstein is relocating from 555 Fifth Ave., where it has been housed since the 1960s, to… Read more
RockFarmer, RWN Take Jackson Heights Office in Off-Market Deal
RockFarmer Properties and RWN Real Estate Partners have acquired 82-11 37th Ave. in the Jackson Heights section of Queens for… Read more
Deutsche Debuts in U.S., Jason Lucas Named to Lead Group
Deutsche Finance Group formed Deutsche Finance America, and named Jason Lucas, a veteran commercial real estate executive, to lead the… Read more
Waterman Names NKF Team to Complete Lease-Up at 400 Park
Waterman Interests LLC has named an NKF team led by David A. Falk, Robert Silver, and Eric Cagner as exclusive… Read more
Architecture Firm Goettsch Adds Luckino as Principal
Samuel M. Luckino (pictured) has joined architecture firm Goettsch Partners (GP) as a principal and senior project manager in the… Read more
White & Case Upsizes to 489k SF at Rock Group’s 1221 Sixth
Law firm White & Case has expanded its presence at the Sixth Avenue tower to which it relocated last year,… Read more
Leasing Veteran Rick Marek Joins Avison Young
Office leasing specialist Rick Marek (pictured) has joined Avison Young as a principal with the firm’s New York office. He… Read more
Eastern Consolidated Alums Launch New Investment Sales Firm
Former Eastern Consolidated senior directors Rubin Isak and Lev Kimyagarov have launched a new investment sales firm, Goldenwood Property Advisors.… Read more
NKF Completes Record Sale of Sacramento Retail Center
Elk Grove Commons, a 241,926-square-foot retail center in Elk Grove, CA, has been acquired by Rye, NY-based Acadia Realty Trust… Read more
Brownfield Sites Clustered in Gentrifying Areas
Five of the 10 community districts citywide with the highest number of Voluntary Cleanup Program sites are gentrifying neighborhoods that… Read more
FitHouse Pumps Up with Third Downtown Location
Cushman & Wakefield has secured a long-term lease for FitHouse at 93 Worth St. in Tribeca. Formerly a Crossfit ICE… Read more
CMBS Delinquencies Remain Elevated in Chicago
As July ended, Chicago’s CMBS delinquency rate was the third-highest of major U.S. metros at 5.3%, according to Trepp data.… Read more
Greystone Provides Freddie Loan for New Crown Heights Build
Greystone has provided $54.8 million in Freddie Mac financing for The Dean, located at 1040 Dean St.in Crown Heights, Brooklyn.… Read more
PCCP Issues Refi Loan for Luxury Apts. in Midtown West
PCCP has issued a $168.5-million senior loan to refinance a 14-story, 280-unit luxury apartment building at 535 W. 43rd St.… Read more
UES Block Will Be Redeveloped into Ambulatory Care Center
Northwell Health and University Financing Foundation are partnering on the redevelopment of an Upper East Side block into an ambulatory… Read more
THE HIRING SQUAD: How A Strategic Recruiting Partner Can Support Your Business Growth
In this edition of The Hiring Squad, Kent Elliott, principal at RETS Associates, a leading national real estate recruiting firm,… Read more
Investors Form JV, Snag 900-Unit MF Portfolio for $175M
New York-based GTIS Partners formed a joint venture with Atlanta-based Cortland Partners, and has acquired a pair of multifamily assets… Read more