New York
Rubenstein Partners Establishes NYC Base
Having been an active investor in New York City office property for several years, Rubenstein Partners is now a tenant… Read more
Medici Co-Living Space Coming to Chicago
Medici Living Group, which began its U.S. push with co-living locations in New York City and Los Angeles, has now… Read more
Spaces Takes Full Floor at Brooklyn’s Pioneer Building
Workspace provider Spaces has leased the entire 26,908-square-foot second floor at 41 Flatbush Ave. in Brooklyn, also known as the… Read more
CREW New York Gears Up for 40th Anniversary Gala
CREW New York will celebrate its 40th anniversary with a fundraising gala scheduled for Oct. 4 at the Edison Ballroom… Read more
$4.9B LAX People Mover Contract Approved
LAX Integrated Express Solutions (LINXS) was awarded a $4.9-billion, 30-year contract to design, construct and operate the planned people mover… Read more
New York Hotel Occupancy Rises But Investment Sales Decline
New York City’s hotel occupancy rate climbed 120 basis points in 2017, well ahead of the 40-bp increase statewide, according… Read more
Vornado Sees ‘Handshake’ Deal to Sell 666 Fifth Stake
Vornado Realty Trust’s chairman said Friday the REIT has reached a tentative agreement to exit its 49.5% stake in 666… Read more
Nespresso Brews Up Deal for New Midtown HQ
Nestle’s Nespresso unit is relocating its North American headquarters to 41,800 square feet at Empire State Realty Trust’s 111 W.… Read more
Kushner Cos. Snaps Up Hackensack Apartments
Kushner Companies has acquired Prospect Place, a two-building, 360-unit multifamily complex in Hackensack, NJ. Seller and sale price weren’t divulged… Read more
MTA’s Lhota: ‘Hold Us Accountable’ on Subway Overhaul
Metropolitan Transportation Authority chairman Joe Lhota charted the authority’s progress in addressing near-term and long-term issues with New York City’s… Read more
Affinia Hotels Get New Name; Upper East Side Property Gets Redesign
Denihan Hospitality has rebranded its Gardens NYC all-suite hotel on the Upper East Side as Gardens Suites Hotel by Affinia,… Read more
Berkadia Secures $200M Loan for Brooklyn DA’s Office Condo
Berkadia’s Mark Vogel and Dan Geuther have arranged $198.3-million financing for an office condominium within Brooklyn Renaissance Plaza, a 1.4-million-square-foot… Read more
Chicago Stock Exchange Sold to NY Exchange’s Parent
Intercontinental Exchange (ICE), parent organization of the New York Stock Exchange, has agreed to acquire the Chicago Stock Exchange (CHX),… Read more
Colliers Adds to Platform with Coldwell Banker Commercial Advisors Deal
The operations of Coldwell Banker Commercial Advisors have been acquired by Colliers International and First Capital in two separate transactions.… Read more
Dual-Branded Hotel is NY State’s First Tru by Hilton
Emerald Hospitality Associates has opened its first dual-branded hotel, the Home2 Suites & Tru by Hilton, Williamsville Buffalo Airport in… Read more
South Bronx Resi Project Sells to Brookfield
Brookfield is acquiring a 1.3-million-square-foot residential project on the South Bronx waterfront for roughly $165 million. A spokesman for Cushman… Read more
CushWake Hired for Sale of Western Queens Parcels
Cushman & Wakefield has been retained on an exclusive basis to arrange the sale of two adjacent development sites located… Read more
San Antonio: We’re No. 6! In Solar
An analysis issued by Environment America has placed San Antonio No. 6 for installed solar capacity in the United States.… Read more
2017 Construction Starts Valued at $38B, Says Building Congress
Private and public construction that got underway across the five boroughs in 2017 ultimately will reach $38 billion in value,… Read more