New York
$38M Loan to Buy Gowanus Development Site
The Domain Companies, an apartment developer, borrowed a total of $38 million to buy 420 Carroll St., an industrial building… Read more
$300M for HNA’s Office Tower at 1180 Avenue of the Americas
Northwood Investors, a firm led by John Kukral, paid at least $300 million for 1180 Avenue of the Americas, a… Read more
NY Developer Plans 420K SF in Emerging Miami Neighborhood
An office submarket is finally emerging in Miami’s Wynwood neighborhood, an industrial zone that’s transitioning into a retail, dining and entertainment… Read more
WKO Introduces “Swivel” its New Office Concept at Two Gansevoort St.
The William Kaufman Organization (WKO) introduced its new office concept Feb. 15, 2018, on the seventh floor of Two Gansevoort… Read more
Inclusionary Housing Pays for Permanent Affordable Housing
Azimuth Development Group and development partners opened a new, eight-story affordable apartment building at 321 E. 60th St. in the… Read more
Sam Chang Borrows $17M to Buy and Complete Half-Finished Hotel
Sam Chang’s McSam Hotel Group borrowed $16.5 million from Madison Realty Capital (MRC) to buy a development site and complete… Read more
Omnicom Media Renews and Expands for 288K-SF in the Financial District
Omnicom Media Group has signed a giant lease for 287,520 square feet of space at 195 Broadway, a landmark 29-story… Read more
Starz Entertainment Leases 11K-SF for Show Business Gear
Starz Entertainment, the popular TV network, leased 11,000 square feet at 1778 Pacific St., a 220,000-square-foot industrial complex in the… Read more
CRE Construction Volume Declined 7% in 2017
Many of the leading U.S. metropolitan areas for commercial and multifamily construction starts showed reduced activity in 2017 compared to… Read more
Healthcare Companies Rent 5K SF at Office Tower
Two healthcare companies recently leased 5,485 square feet of space at 119 W. 57th St., an office building in Midtown… Read more
Add Experience to Retail: Winston Fisher Shares Insights at YWMREA Luncheon
Retail spaces are now places to “combine immersive art with the entertainment experience,” according to Winston Fisher of Fisher Brothers,… Read more
500K-SF in Towers Made of Wood at Riverfront Square in Newark, NJ
Developer Lotus Equity Group will build a 500,000-square office complex out of wood — rising 11-stories over downtown Newark, NJ.… Read more
Empire State Building Saves $800K-Per-Year
A mobile app reduced the cost to operate the Empire State Building by more than $800,000 per year. “The app… Read more
Top Property Manager Matt Duthie Joins NKF
Matt Duthie has joined NKF to oversee and direct property management services in the New York metro area. “Matt is… Read more
Tracking a Dozen Hospital Developments Bigger Than $300M
Healthcare-related development is booming. According to Dodge Research & Analytics, construction on healthcare facilities climbed 29% in December 2017 over… Read more
Blackstone Names Jon Gray President, COO
New York-based Blackstone is turning over day-to-day management of the firm to Jon Gray, who has served as Global Head… Read more
Trump Proposes Massive Funding Cuts for NYCHA
A White House proposal would dig another massive hole in the budget for the New York City Housing Authority (NYCHA).… Read more
Kobeyaki Comes to Jersey City
Fast-casual Japanese chain Kobeyaki has opened a 1,706-square-foot restaurant at 525 Washington St. in Jersey City, NJ. “Kobeyaki’s expansion reflects… Read more
Codecademy Leased 21K-SF at Landmark SoHo Office Building
Codecademy subleased 20,987 square feet of space at 575 Broadway, an office building in Manhattan’s SoHo neighborhood owned by A.R.I.… Read more