New York
Two Top Firms Involved in Most Top Office Leases in 2017
CBRE and Cushman & Wakefield (C&W), represented the landlord or tenant in most of the 50 biggest lease transactions in… Read more
Ranking U.S.’s Hardest-Working Cities
Americans are among the world’s hardest-working, logging more hours per worker than most industrialized countries, including Germany, France, and the… Read more
Acquisitions Expert Jeff Menard Joins Thor
Jeff Menard has joined Thor Equities as vice president of acquisitions. “As we continue to grow and acquire new properties,… Read more
New Development Jolts Office Rents in Meatpacking: JLL Research
Manhattan’s Meatpacking District has become one of the most desirable office districts in the U.S., according to new data from… Read more
$12.5M for Last-Mile Warehouse in Bronx’s West Farms Neighborhood
Abingdon Square Partners paid $12.5 million for a 90,000-square-foot warehouse at 425-437 Devoe Ave. and 439-449 Devoe Ave. in the… Read more
Art Gallery Leases 30K-SF at the Malt House in West Harlem
Gavin Brown Enterprises, a world-renowned art gallery, opened a 30,000-square-foot gallery at 439 W. 127th St., also known as the… Read more
$42M to Buy 12 Apartment Properties from Related Companies
Related Companies continues to sell off its portfolio of apartments. Quality Communities, LP, borrowed $41.6 million from Sterling National Bank… Read more
Chinese Regulators Take Control of Anbang
Anbang Insurance Group Co. was seized by China’s government, which will prosecute its founder Wu Xiaohui for alleged fraud, according… Read more
Affordable Housing “With Upside” Sold in East Harlem
A local investor paid $5.425 million for 70-74 E. 116th St., a five-story affordable housing property in the East Harlem section… Read more
$4M for Industrial Building in Wakefield
An investor paid $3.725 million for an industrial building at 4510 White Plains Rd. in the Wakefield neighborhood of the… Read more
$91M to Finish The Fitzroy
Another nearly-finished condominium has received a financial lifeline. JDS Development and Largo Investments have borrowed $91 million from Madison Realty Capital… Read more
$42.1 Construction Financing for 70 Schermerhorn
Developers borrowed $42.1 million from Bank of the Ozarks, plus joint venture equity from a fund managed by The Davis… Read more
RZO Renews at Renovated Tower of Rockstars
Music industry giant RZO has leased the entire 23rd floor, totaling 12,600 square feet, at 250 W. 57th St. RZO… Read more
The Effect of Trump’s Presidency on His Real Estate
In an effort to see how and if President Trump’s status as President is affecting his real estate holdings, realtor.com… Read more
RCA Reports US CRE Prices Increase in January
New York-based Real Capital Analytics (RCA) released its latest CPPI summary report that shows U.S. commercial property prices climbed further in January… Read more
New Yorkers Willing to Spend for Housing: New Data from StreetEasy
Despite the high cost of living in New York City, most New Yorkers are making it work, often by blowing… Read more
AREAA Manhattan Celebrates New Board, Asian New Year
The Asian Real Estate Association of America Manhattan chapter, will be hosting their 2018 Lunar New Year Celebration & Board… Read more
Vertice Pharma Triples its Space at the New Jersey Center of Excellence
Vertice Pharma, a pharmaceutical manufacturer and distributor, will triple its space at the New Jersey Center of Excellence, a laboratory… Read more
Light Sculpture and Tapestry Shows Off Redesigned Lobby at 315 Hudson St
The newly-redesigned lobby at 315 Hudson St. now includes a light sculpture. “Reef” is a cascading, 10-by-10-foot LED light installation… Read more