New York
Rent Regulation Stays in Effect in NYC Until 2021
State-level rent regulation laws have been extended in New York City until April 1, 2021 under legislation signed into law… Read more
National Bank of Kuwait Re-Commits to 299 Park
Maintaining its place on a financial tenant roster that also includes Capital One, UBS, Carlyle and American Securities, the National Bank… Read more
Global Players Fill the Void as Chinese Investment Slips
In the New York region and nationally, Chinese investments in U.S. real estate have been sharply curtailed since the Chinese… Read more
George Rupp Joins Denver Middle-Market CRE Investment Firm
Denver-based JCR Capital expanded its team with the addition of George Rupp as Managing Director of Capital Formation. The strategic… Read more
Meridian Arranges 7-Year Loan on Lower East Side Multifamily
AMAC Holdings has lined up $42 million in financing to acquire and renovate an eight-story Lower East Side multifamily property.… Read more
Where Does U.S. Rank in World Happiness Report?
Americans are less happy now than they were last year, according to the United Nation’s World Happiness Report. Out of… Read more
Eastern’s Ezratty Marketing 100K+ SF of Midtown Air Rights
Eastern Consolidated is exclusively marketing for sale approximately 106,000 square feet of residential development rights that can be transferred within… Read more
MRC Closes on Mortgage Loan for Williamsburg MXU
Madison Realty Capital has closed a $31.49-million first mortgage loan collateralized by a mixed-use development at 744 Bedford Ave. in… Read more
New York Leads in City Wealth Index
In a battle between New York City and London for the top spot in Douglas Elliman | Knight Frank Residential’s… Read more
Harlem Build-to-Suit Will Be New Children’s Aid HQ
Children’s Aid will move its headquarters from Midtown to a new space at West 124th Street and Lenox Avenue in… Read more
77 Units Trade in Rare Bulk Condo Sale Outside Manhattan
Cushman & Wakefield has arranged the bulk condominium sale of The Cambium, an upscale condo project in the Village of… Read more
China Still Bullish on U.S. CRE Despite 2017 Nosedive
Speculation that Chinese investments into the U.S. were headed for a nosedive when China’s State Council implemented a framework regulating… Read more
HFF Tapped for Sale of SoHo Retail Condo
HFF has been exclusively retained to arrange the sale of 150 Wooster St., a newly constructed retail condominium located in… Read more
Access Industries Relocates from Crown Bldg
Privately-held investment firm Access Industries is relocating its offices from the Crown Building at 730 Fifth Ave., which is undergoing… Read more
Bronx Juvenile Center Will Become MXU
Although the City Council’s approval of the Jerome Avenue rezoning may have gotten more attention, city lawmakers also signed off… Read more
Leasing in Gov’t, NFP Sector Hits Cyclical Peak
New York City’s not-for-profit and public sector reached a cyclical high for both leasing and sales activity in 2017, Cushman… Read more
Bernstein Joins Aries Conlon Capital to Lead Capital Markets, Placements
Aries Conlon Capital expanded its leadership team and opened a new office in New York. Robert Bernstein joined the firm… Read more
CushWake Brings South Queens Retail to Market
Cushman & Wakefield has been retained on an exclusive basis to arrange the sale of a corner retail strip portfolio… Read more
Demand Spikes for Region’s Data Centers
The New York tri-state data center market posted nearly five megawatts of net absorption in the second half of 2017.… Read more