New York
Comptroller: Cap Security Deposits at One Month’s Rent
City Comptroller Scott Stringer on Sunday called for capping renters’ security deposits at one month’s rent for a one-year lease,… Read more
Wendy Silverstein Steps Down at New York REIT
Declaring that her job with New York REIT Inc. (NYRT) was now “substantially complete,” Wendy Silverstein has stepped down as… Read more
YTD Midtown Leasing Reaches Third Highest Level on Record
Midtown office leasing for the first half of 2018 totaled 10.1 million square feet, the third highest year-to-date tally on… Read more
Up-and-Coming Luxury Markets
The luxury market is no longer defined solely by price point. With the emergence of technologies and digital connectivity, luxury… Read more
Connect Apartments Transactions Series: Inside the $1-$20M Deals
By Dennis Kaiser Transactions in the $1 million to $20 million range remain the multifamily sectors’ cashflow kings. A group… Read more
Douglas Elliman to Market Supertall West 57th Condos
The developers of 111 W. 57th St., a luxury condominium project that will rise to 1,428 feet when completed, have… Read more
Corporate Housing Firm Blueground Makes NYC Debut
Furnished-apartment provider Blueground has made its U.S. debut, with 100 apartments across some of Manhattan’s choicest neighborhoods, and aggressive expansion… Read more
Colony Claims 1.1M-SF Industrial Portfolio in NJ, MD, TX
Dallas-based Colony Industrial acquired a portfolio of properties in Northern NJ, and added new properties in Baltimore, MD and San… Read more
What’s Driving Uptick in Reverse Commutes?
The trend of living within urban centers is increasing, though it is creating an unexpected situation. According to JLL’s newest… Read more
Walker & Dunlop Structures Refi on Brooklyn Heights MF
Walker & Dunlop has structured a $52.5-million refinance on 153 Remsen, a newly constructed, Class A multifamily property in Brooklyn… Read more
Walmart to Open Jet.com Facility in the Bronx
Although Walmart has yet to open a store under its own name in New York City, it’s about to establish… Read more
Getty Images Moving Downtown to 195 Broadway
Getty Images is moving farther downtown to the Financial District and 195 Broadway, where it will occupy the entire 42,000-square-foot… Read more
Mission Capital Arranges Debt on Transitional Housing Hotel
Mission Capital has secured $8 million in leasehold financing for the Sumner Hotel, a 70-key property located at 22 Sumner… Read more
PE Fund Administrator Relocates on Third Avenue
Gen II Fund Services, a private equity fund administration firm based in Manhattan, has signed a 48,000-square-foot lease at 805… Read more
Industrial: Flood of Capital, Big Portfolio Deals & Hot Markets
Industrial real estate remains a hot product type for both occupiers and investors. Connect Media asked Colliers International’s Michael Kendall… Read more
Bed-Stuy Development Parcel Comes Up for Sale
Cushman & Wakefield has been retained to arrange the sale of a mixed-use development site at 1215 Fulton St. in… Read more
Washington Heights Multifamily Hits the Market
GFI Realty Services has been named exclusive sales agent for 467 W. 164th St., a 20-unit multifamily property located in… Read more
Marx Realty Reimagines Ely Jacque Kahn Office Tower
Marx Realty has unveiled the renamed and soon to be repositioned 10 Grand Central at 155 E. 44th St. It’s… Read more
Bay Shore Hospital Will Add Patient Rooms in Expansion
Officials at Southside Hospital in the Suffolk County hamlet of Bay Shore, within the Town of Islip, have unveiled plans… Read more