New York
Bronx Leasehold Comes with Air Rights, Garage
Ariel Property Advisors has been retained to sell the leasehold of 840 Westchester Ave., a 53,705-square-foot retail/office property on one… Read more
Public Service Veteran Joins Navy Yard as COO
Michael Kelly has come to Brooklyn Navy Yard as COO and EVP. Kelly, who began his career as an architect,… Read more
Shinola Flagship Goes on the Block
A six-story property on one of the remaining cobblestone streets in Tribeca, currently the Manhattan flagship for lifestyle brand Shinola,… Read more
JV Picks up Phoenix Metro MF for $54M
Tuscany Ridge, a 336-unit Class A multifamily community located at 8203 W. Oraibi Dr. in Peoria, AZ, has sold for… Read more
Congress Passes $1.3-Trillion Spending Bill, Funds Government Through September
A $1.3-trillion spending bill was passed by both the House and Senate, which will fund the government through September. President… Read more
Q&A with Lendlease’s Melissa Burch: Upside and Challenges in NYC Development
The headwinds facing developers in New York City are comparable to what Lendlease is seeing in other global gateway markets… Read more
The Primary Driver of Office Market Growth in America
According to JLL, flexible workspaces and office co-working companies are driving growth in the U.S. office market. Since 2010, flexible… Read more
KDA Marketing 1.1M-SF Development Site on Staten Island
A five-lot portfolio totaling nearly 1.1 million square feet across two parcels and 24.5 acres has come to market as… Read more
Specialty Contractor Promotes Industry Veteran Danial to VP
Specialty contractor Universal Builders Supply, Inc., which has performed work on projects including Grand Central Terminal and Battery Park City,… Read more
Denihan Hospitality Names Regional Operations VP
Boutique hotel owner/developer Denihan Hospitality has named Gul Goknar Turkmenoglu regional VP of operations. While overseeing all of Denihan’s general… Read more
Jerome Ave Rezoning Gets City Council’s Blessing
The City Council has voted to rezone a 92-block stretch along Jerome Avenue in the Bronx, the first rezoning in… Read more
Savitt Partners’ 530 Seventh Sees Clutch of Tech Leases
Savitt Partners’ 530 Seventh Ave. continues to draw tenants from the tech sector, as shown by a quartet of recent… Read more
315 PAS Gets Lobby Revamp As Part of Building-Wide Renovation
Columbia Property Trust has completed a transformation of the lobby of 315 Park Ave. South, its 20-story Midtown South office… Read more
Anbang Scales Back Condo Plans for Waldorf
Anbang Insurance Group, which caused a stir when it announced plans to convert hundreds of the guest rooms at the… Read more
NYC Tourism Continues to Set Records
Tourism to New York City set a new record in 2017, with an estimated 62.8 million visitors last year, according… Read more
Seaport District, Live Nation Launching Rooftop Concerts
Howard Hughes Corporation and Live Nation Entertainment will reportedly bring open-air concerts to Pier 17 in Howard Hughes’ redeveloped Seaport… Read more
Avison Markets NoLiTa Retail Condo
Avison Young’s New York Capital Markets Group has been hired to sell a retail condominium located at 262 Mott St.in… Read more
East Bay Distribution Center Trades for $94M
Conor Commercial Real Estate, and its joint-venture partner, American Realty Advisors, divested Hayward 92 Industrial Center in Hayward, CA. The… Read more
Institutional Investors Buy Indy Assets for $33M
Meridian Plaza Two and Three, a pair of Class A office buildings in Indianapolis’ North Meridian/Carmel submarket, have been sold… Read more