New York
125K SF Leased at 437 Madison Ave Last Year
Citizens Bank will fill the entire 18th floor at 437 Madison Ave., taking up 17,750 square feet at the 40-story,… Read more
Industrial Color Brands Expands at Fully-Occupied 32 Avenue of the Americas
The office space at 32 Avenue of the Americas is 100% full, now that Industrial Color Brands has added another… Read more
Rockpoint Nabs Manhattan Tower for $465M
Boston-based Rockpoint Group acquired 1700 Broadway, a 626,000-square-foot office building in New York’s Midtown Manhattan submarket, from Ruben Companies for… Read more
Meridian Arranges $136M Financing for Ohio Skilled Nursing Facility Portfolio
New York-based Meridian Capital Group arranged $136 million in acquisition financing for a portfolio containing 10 skilled nursing facilities located… Read more
Rents Down for Manhattan Retail: New Research from CBRE
Retail rents fell in 2017 — a lot. Average aggregate asking rents shrank 18.4% across the 16 main retail corridors… Read more
Scott M. Bloom Becomes Director of Leasing for HelmsleySpear
Scott M. Bloom has joined HelmsleySpear as executive vice president and director of commercial leasing. “As a 2012 Real Estate… Read more
Office Space Leasing Slowly in New Jersey
Companies leased just 7.1 million square feet of office space in 2017 in Northern and Central New Jersey. That’s down… Read more
First Renderings of the Replacement for the Sunshine Cinemas
Demolition will begin by March at the Sunshine Cinemas, built in 1917 in Manhattan’s Lowest East Side. The first renderings… Read more
$460K-Per-Apartment for Affordable Housing in Manhattan Valley
A private real estate investment firm paid $27.6 million for two elevator buildings with 60 apartments at 4-18 W. 107th… Read more
Development Site Already Approved for 22 New Apartments Sells for $2.1M
A local developer paid $2.1 million for a site at 3116 Clarendon Rd. in the Flatbush neighborhood of Brooklyn. The… Read more
DTLA Resembles Manhattan: Too Many Apartments
More than 4,000 new apartments are forecast to deliver to the Los Angeles market in Q1 2018, according to research… Read more
$110M Financing Arranged for King of Prussia MF
New York City-based Meridian Capital Group arranged $110 million in balance sheet financing for 251DEKALB, a five-building multifamily apartment complex… Read more
Big Plans for NY & Amazon: Insights from REBNY Chairman, Bill Rudin
The Real Estate Board of the New York has a lot on its list of things to do for this… Read more
Worst Cities in U.S. for Falling Apartment Rents Include Manhattan, Brooklyn
The five places where apartment rents fell the most in 2017 include Manhattan and Brooklyn, where in both markets, rents… Read more
ColoGuard Data Center and “Carrier Hotel” Comes to Industry City
ColoGuard has opened a new data center and “carrier hotel” facility at Industry City, a six-million-square-foot mixed-use office, industrial and… Read more
$13M ReFi for Boutique Offices in SoHo
The boutique offices at 135 Bowery are now fully-leased after a 2016 redevelopment by Caspi Development and RWN Real Estate… Read more
Celebrity Wealth Managers Move to Boutique Office
Ritholtz Wealth Management (RWM) has leased 4,200 square feet of space for the entire 15th floor at 24 W. 40th… Read more
RedHill Teams Up with Crow Holdings on MF Buy
RedHill Realty Investors, in its first joint venture partnership with an affiliate of Crow Holdings Capital, acquired The Crossing Apartments,… Read more
Blackstone Buying Another Hawaiian Resort
Blackstone Group acquired the 450-room Turtle Bay Resort on Hawaii’s Oahu for roughly $330 million. The 1,300-acre property was held… Read more