New York
Brookfield Taking Forest City Private for $11.4B
Brookfield Asset Management is acquiring Forest City Realty Trust in an all-cash deal valued at $11.4 billion, including the assumption… Read more
Broadtree Acquires $138M MF Portfolio via UPREIT Transaction
Rochester, NY-based Broadtree Residential, Inc. acquired three Class A multifamily apartment communities from affiliates of Owings Mills, MD-based Chesapeake Realty… Read more
Lee NYC Launches Investment Sales Platform
Vickram Jambu, Chris Varjan (both pictured below) and Paul Popkin (pictured above) have joined Lee & Associates NYC as senior… Read more
NKF Arranges Sale of Suffolk County Office Park
NKF has arranged the sale of Brookhaven Executive Center in Medford, NY on behalf of the seller, a financial institution.… Read more
Dockless Bike Pilot Program Expands to the Bronx
The de Blasio administration’s dockless bike share pilot has arrived in the Bronx, bringing bike share for the first time… Read more
Carreto Bringing 2nd Grand Canyon Diner to Brooklyn Heights
James Famularo and Eliot Goldschmidt of Meridian Retail Leasing, the retail leasing division of Meridian Capital Group, have arranged a… Read more
CBRE Reps Stila Styles at 1 Liberty Plaza
CBRE’s Adam Foster and Michael Monahan represented Stila Styles in renewing 14,851 square feet at 1 Liberty Plaza. NKF’s Moshe… Read more
Extell Lands $530M Loans for Brooklyn’s Tallest Condo Tower
Extell Development Company has closed on $530 million in financing for Brooklyn Point, its first project in the borough and… Read more
Chelsea’s Terminal Stores Building Under Contract for $900M
A partnership of L&L Holding Co. and Normandy Real Estate Partners is under contract to acquire the Terminal Stores Building… Read more
“External Factors” Give Manhattan Condo Buyers Pause in Q2
Second-quarter sales of residential condominiums and co-ops in Manhattan slipped 16.6% from a year ago, marking the third consecutive quarter… Read more
NYC Considers Cap on Ride-Sharing Services
The New York City Council is considering five bills that among other things would put a 12-month freeze on new… Read more
Rock-Climbing Facility Takes 40K SF in Gowanus
The industrial stock in the evolving Brooklyn neighborhood of Gowanus proved to be an ideal location for The Cliffs, as… Read more
Austin Sixth in Tech Talent
Austin moved up to No. 6 on CBRE’s annual Tech Talent Scorecard, effectively outranking Raleigh-Durham and Atlanta (last year in… Read more
East Harlem, Jerome Ave. Will See Anti-Displacement Pilot Program
A new pilot program from the city’s Department of Housing Preservation and Development will serve as a hub for local… Read more
Mortgage Bankers of NY Reactivates Scholarship Program
The Mortgage Bankers Association of New York (MBAofNY) has named the recipients of the association’s 2018 Scholarships. The MBAofNY Scholarship… Read more
Greystone Provides Permanent Loan on Staten Island SNF
Greystone has provided a $20.7-million HUD-insured permanent loan to refinance Golden Gate Rehabilitation & Health Care Center, a 238-bed skilled… Read more
Upscale Restaurants Coming to Revamped LaGuardia Terminal B
Shake Shack and Irving Farm Coffee Roasters will be among the locally-based food and beverage offerings at LaGuardia Airport’s new… Read more
Financial Firm FMCG Will Relocate to 605 Third
Fisher Brothers has signed a full-floor lease with Deluxe Financial Services at 605 Third Ave. The 10-year lease gives FMCG… Read more
Investors Favor the Bronx for Higher Returns
Investment properties remained in high demand across the Bronx for the first half of 2018, said Ariel Property Advisors. On… Read more