New York
Boricua College Trades for $31M in Williamsburg
Cushman & Wakefield has arranged the sale of the Boricua College campus in Williamsburg to David Dweck. The three-building property… Read more
Lightstone Unveils Sales Gallery for Upper East Condo Build with Local Feel
Lightstone has opened the sales gallery at 40 East End, its new Upper East Side boutique condominium designed by Deborah… Read more
MRC Closes on First Mortgage for MXU in Jamaica
Madison Realty Capital has closed a $35-million first mortgage loan collateralized by a mixed-use development site at 90-75 Sutphin Blvd.… Read more
SL Green Signs Coty to Times Square Retail Flagship
SL Green Realty Corp. has signed Coty Inc. to a 10,040-square-foot lease at 30 Times Square, the retail flagship development… Read more
Deal Reached for Sale of Plaza Hotel
A pair of investors have reached a deal to acquire a majority stake in the Plaza Hotel, which the current… Read more
Avison Secures Funding for JV’s Buy of Westchester Financial Center
Avison Young’s New York Capital Markets Group has arranged a $120.3-million financing package on behalf of the joint venture that… Read more
Landmarked Midtown Tower Scores $120M Refi
A JLL Capital Markets team has arranged a $120-million floating-rate loan to refinance 130 W. 42nd St., a landmarked office… Read more
Airbnb Shares Blame for Rising Rents, Says Comptroller
Apartment renters citywide paid $616 million in additional rent in 2016 due to the exponential growth of Airbnb listings, according… Read more
Ariel Marketing Adjacent Assets Straddling Jerome Ave. Rezoning
Ariel Property Advisors has been retained to sell 1408 and 1414-1424 Cromwell Ave., adjacent properties that are, respectively, inside and… Read more
City, Amtrak Working Toward Master Plan for Sunnyside Yard
The city and Amtrak have signed a letter of intent to collaborate on the master planning process for development around… Read more
William Kaufman Inks Quartet of Leases at 437 Madison
The William Kaufman Organization recently arranged a new lease, two expansions and a renewal at 437 Madison Ave. In the… Read more
Savanna/Hornig JV Scores Leasing Success with Mott Haven Project
A joint venture of Savanna and Hornig Capital Partners has leased over 40,000 square feet of space at the Bruckner… Read more
Fire Pension Fund Crosses East River to Battery Park
The New York City Fire Pension Fund is vacating fire department headquarters at MetroTech Center in Brooklyn for Lower Manhattan.… Read more
Paramount Leases 5 Floors to McGraw-Hill Education
Paramount Group Inc. said it has signed McGraw-Hill Global Education Holdings to 136,176 square feet at its 1325 Ave. of… Read more
20 Times Square JV Dissolves in $1.5B Buyout
Winthrop Realty Liquidating Trust has closed on the sale of 701 Seventh Ave., a mixed-use project also known as 20… Read more
Brookfield & Lendlease on Buying & Selling in Today’s Market
Connect New York featured some of the city’s heaviest hitters in development, investment, brokerage and other sectors. Two of them,… Read more
Ellen Rudin to Oversee CBRE’s Northeast Retail Line
CBRE has promoted Ellen Rudin (pictured) to the new position of senior managing director of retail for the company’s Northeast… Read more
Effective Office Rents Drop in Major Cities, But Not in California
Fueled by extensive new construction underway and large quantities of older space flooding the office market, U.S. landlords in major… Read more
CushWake Marketing Waterfront Brooklyn Parcel for ConEd
Cushman & Wakefield is marketing a waterfront development site in Brooklyn’s Williamsburg neighborhood. The seller is utility company Consolidated Edison… Read more