New York
Downtown Alliance Maps Out Makeover for Stock Exchange District
The Alliance for Downtown New York has laid out a plan calling for major design changes in the Stock Exchange… Read more
White Plains’ Westchester One Scores Leasing Success
The Westchester One at 44 S. Broadway in White Plains, NY has amassed leasing activity totaling 90,000 square feet from… Read more
Pembrook Closes on 1st Mortgage for Yorkville Resi Development
Pembrook Capital Management has closed on a $32.75-million first mortgage loan to finance a condominium project within a carefully-restored Beaux… Read more
GreenOak Raises $1.6B for U.S. CRE, Largest Fund So Far
New York-based GreenOak Real Estate raised $1.55 billion for a third U.S. fund, which amounts to its largest so far.… Read more
Aon Center Owners Eye Soaring Revenues from Observatory Deck
The owners of the Aon Center, Chicago’s third tallest tower, unveiled plans to add a 1,000-foot glass elevator traveling to… Read more
Rock Group Lands Second Big Law Firm for 1271 Sixth
A few weeks after announcing that Latham & Watkins would relocate to 1271 Ave. of the Americas, Rockefeller Group has… Read more
NYC Puts Promotional Push into Blockchain
The de Blasio administration will launch its first initiatives in support of the blockchain industry in the coming months. James… Read more
CBRE, Pantheon Team on Leasing in Tight Bronx Industrial Market
A team from CBRE & Pantheon Properties is marketing the largest block of single-story warehouse space available for immediate occupancy… Read more
Park Slope Landmark Trades for $10M
Greystone Development has sold the landmarked 227 4th Ave. in Park Slope for $10 million to an unnamed buyer. Ofer… Read more
Debt-Resolution Service Will Relocate to 180 Maiden Lane
180 Maiden Lane, formerly home to insurer AIG, has landed a tenant on another side of the financial services spectrum:… Read more
Chicago Fed Governors Argue for Property Tax Boost
Three Chicago Federal Reserve governors argue in favor of a 1% statewide increase in residential property taxes to help cover… Read more
Far West Side Repositioning Draws Celebrity Investors
Georgetown Company’s 787 Eleventh Ave. renovation has attracted investments from LeBron James and Arnold Schwarzenegger, a spokeswoman for the developer… Read more
DivcoWest, CalSTRS Form New $300-Million CRE Venture
DivcoWest Real Estate Services, LLC entered into a new $300-million venture with the California State Teachers’ Retirement System (CalSTRS). The… Read more
Brookfield Plans “Testing Ground” for West Village Retail Corridor
When you think of Brookfield and retail, thoughts logically turn to large regional malls. The company has owned Rouse Properties… Read more
Jason Hernandez Joins TH Real Estate to Lead Americas Originations
TH Real Estate appointed Jason Hernandez as Managing Director, Head of Originations for the Americas. He joins from ACORE Capital… Read more
Sales of Houses, Condos in Double-Digit Drops Citywide
New York City residential sales, including both one-to-three-bedroom family homes and condominiums/co-ops, have seen three consecutive quarters of year-over-year declines,… Read more
Live Nation Expands into 2nd Meatpacking District Property
Some 17 months after signing a sublease for the entirety of 430 W. 15th St. in the Meatpacking District, concert… Read more
Midtown South Specialist Joins Advisors CRE
Advisors Commercial Real Estate has brought in Howard Rosenblum (pictured) as senior managing director in the New York office. The… Read more
NW Queens Apartment Rents Take a Hit as Concessions Hit New High
Thanks to rising landlord concessions, northwest Queens’ median net effective apartment rents slipped by 11.7% for the 12 months that… Read more