New York
NYC Construction Employment Still Lags Pre-Pandemic Levels
New York state is one of five states that have not recovered from pandemic job losses in the construction sector… Read more
Ytech Building Another Brickell Highrise
Ytech is developing 7 Broadway, which would total 400,892 square feet in 54 stories, with 113 condos and 193 parking… Read more
Brownsville Arts Center & Apartments Reaches Financial Close
Gilbane Development, in partnership with Blue Sea Development, Artspace, and the City and State of New York, has closed on… Read more
Turnbridge Signs TWTH Express to Long-Term Bayonne Lease
Turnbridge Equities has signed a long-term industrial lease for 255,069 square feet at 169 Pulaski St. in Bayonne, NJ to… Read more
Vanbarton Acquires Diocese Headquarters for Office-to-Resi Conversion
Vanbarton Group acquired 1011 First Ave. for $103 million from The Roman Catholic Archdiocese of New York. Eldridge Real Estate… Read more
Arrow Arranges Financing for Office Conversion in FiDi
Arrow Real Estate Advisors arranged $61 million in financing for the acquisition of 5 Hanover Square, a 300,000-square-foot office building… Read more
Fetner Partnership Pays $210M for Newly Built Fort Greene Apartments
Fetner Properties, in partnership with MCB Real Estate and Farallon Capital Management, has assumed a ground lease on and acquired240 Willoughby Street, a… Read more
U.S., China and India Lead in Global Tech Markets
The U.S. leads in top tech talent locations, reinforcing its status as a global innovation hub. Three of the top… Read more
Mott McDonald Leases Headquarters Space at Empire State Building
Engineering, development, and management consultancy Mott McDonald NY Inc. signed a lease with Empire State Realty Trust (ESRT) for a… Read more
Bronx Sale Illustrates Demand for Stabilized Housing Stock
Marcus & Millichap finalized the sale of a 97-unit multifamily property at 1154 Ward Ave. in the Bronx for $7.5… Read more
Hudson Square Properties Taps CBRE to Lease 6M-SF Portfolio
Hudson Square Properties, a joint venture of Trinity Church NYC, Norges Bank Investment Management and Hines, has selected CBRE as marketing… Read more
Foreign Demand for U.S. Treasuries Shows Early Signs of Strain
The April Treasury International Capital (TIC) data warrant close monitoring, as foreign demand for U.S. Treasuries appears to be showing… Read more
Retail and Office Condos in Meatpacking District Score $47M Mortgage
RIPCO Real Estate secured a $47-million loan from JPMorgan to provide first mortgage financing for 415 W. 13th St. in Manhattan’s… Read more
WeWork Signs First NYC Lease Since 2019
WeWork has signed a 60,000-square-foot lease agreement with AmTrust RE at 250 Broadway, its first in New York City since… Read more
NY Fed Survey of Consumers Shows Decline in Inflation Expectations
U.S. households’ inflation expectations have declined from a month ago, the New York Federal Reserve said Tuesday. The latest Survey… Read more
TESO Life to Host Grand Opening for Federal Way Store
TESO Life, an Asian lifestyle retailer, is set to host the grand opening of the brand’s new Federal Way store in… Read more
U.S. Soccer Leases Pre-Built Suite at Soloviev Group’s 9 West 57th Street
Soloviev Group said Monday that the U.S. Soccer Federation will be the newest tenant at its flagship office tower at 9 W. 57th… Read more