New York
A Renewal and a New Lease for ATCO’s 381 Park South
Continuing a run of leasing success at its 381 Park Ave. South, ATCO Properties & Management has inked a new… Read more
Mega-Projects Will Turn NYC Hotel Glut into Shortage
A surge in transformative developments on Manhattan’s East and West Sides, as well as Downtown, could turn the surplus of… Read more
Inwood Rezoning Nears the Finish Line
A rezoning of Northern Manhattan’s Inwood neighborhood cleared a major hurdle with the City Planning Commission’s recent approval of the… Read more
Apollo Global to Pay $428M for Brookdale Senior Living Portfolio
Apollo Global Management has struck a deal with HCP Inc. to buy a 22-property seniors housing portfolio for $428 million.… Read more
BEB Capital Lease Means Expansion for Leading Audi Dealership
BEB Capital, launched in 2016 by the Brodsky family (best known as developers), has leased its former steak and sushi… Read more
Mayer Brown Expands to 235k SF at Rock Group’s 1221 Sixth
Law firm Mayer Brown has added a floor and 49,000 square feet to its occupancy at the Rockefeller Group’s 1221… Read more
HUD Program Will Convert 2,400 NYCHA Units to Section 8
The New York City Housing Authority has committed $400 million to renovate nearly 2,400 apartments across 21 public housing developments… Read more
SL Green Finalizes Two New Leases at 521 Fifth
SL Green Realty Corp. has secured a pair of full-floor leases totaling nearly 30,000 square feet at its 521 Fifth… Read more
Sherwin-Williams Signs on for Riverdale Location
Manhattan-based owner and developer SD Urban Retail has executed a lease with Sherwin-Williams at its The Shops on Broadway in… Read more
CBRE Global Investors Fund Acquires Waterfront Tower in Emeryville
CBRE Strategic Partners U.S. Value 8 fund acquired 2100 Powell, a 16-story, 346,025-square-foot office tower in Emeryville, CA, from New… Read more
CBRE Report Reveals Top Prime Office Occupancy Cost Markets
Los Angeles-based CBRE reports that Hong Kong Central remained the most expensive office market in the world. Global prime office… Read more
Blackstone’s BREIT, Greystar JV Acquiring $1.2B Student Housing Portfolio
New York-based Blackstone Real Estate Income Trust, Inc. is acquiring the EdR Student Housing Portfolio for $1.2 billion, in a 95%/5% BREIT-led joint venture with Charleston, SC-based… Read more
350 Madison Tenants Expand in Full-Floor Deals
Two tenants at RFR Realty’s 350 Madison Ave. have expanded their footprints. The 400,000-square-foot property now has only one availability,… Read more
Chartwell’s Tsunis to Chair Battery Park City Authority
Chartwell Hotels CEO George Tsunis has been named chairman of the Battery Park City Authority, succeeding Dennis Mehiel, who resigned… Read more
Cuomo Signs Bill Advancing LaGuardia AirTrain Project
Governor Andrew Cuomo has signed legislation that will advance the process to build a new AirTrain connection to LaGuardia Airport.… Read more
SL Green Reportedly Taking Control of 245 Park
SL Green Realty Corp. has reportedly agreed to acquire a controlling stake in 245 Park Ave., a trophy office tower… Read more
Ad Agency Mekanism Relocates to Hudson Square
Mekanism Inc. has signed a 10-year lease at Jack Resnick & Sons’ 250 Hudson St. The San Francisco-based creative advertising… Read more
Columbia’s Manhattanville Project Spurs Investment Activity
Columbia University’s $6.3-billion expansion in Manhattanville is having an impact on real estate prices in surrounding neighborhoods two years out… Read more
Jumbo Floorplates a “Scarce Commodity” in Manhattan
Call it a mismatch between demand and supply. Jumbo office floorplates of 100,000 square feet or more are favored by… Read more