New York
Blackstone Closes Largest CLO Issue Since Financial Crisis
New York-based Blackstone Mortgage Trust, Inc. closed BXMT 2017-FL1, a $1-billion Collateralized Loan Obligation (“CLO”), the largest commercial real estate… Read more
Investors Spend More to Buy Apartment Buildings
For the first time so far in 2017, investors spent more to buy apartment properties in total dollar volume in… Read more
Office Leasing Velocity More Than Four Times Faster in 4th Quarter
The market for office space is booming in Downtown Manhattan, as new towers fill quickly and the district diversifies beyond… Read more
$30M Refinancing for The Henry at One Crystal Hill Dr. in Pomona, NY
Ares Management provided a $30.15 million loan to refinance The Henry, a community of 169 garden apartments. Spirit Investment Partners… Read more
Dermot Gallagher Joins L&L Holding Company as MEP Superintendent
Dermot Gallagher will be the mechanical engineering and plumbing (MEP) superintendent at 425 Park Ave., the 47-story tower developed by… Read more
Jailed Landlord Steven Croman Pays Another $8M
Jail time and $5 million in fines was not enough for notorious landlord Steven Croman. The owner of more than… Read more
Eleven James Takes 11K-SF at 579 Fifth Ave.
Eleven James, Inc., an annual membership club for luxury timepieces, will occupy 11,108 square feet at 579 Fifth Ave., a… Read more
Apartment Prices Rise in More Affordable Markets, Like Upper Manhattan
The median price of an apartment re-sold in Manhattan stagnated over the 12 months that ended in November. But in… Read more
Congratulations to the New York Winners of the 2017 Women in Real Estate Awards
Connect Media is pleased to announce the New York winners of our 2017 annual Women in Real Estate Awards. We… Read more
Congratulations to the California Winners of the 2017 Women in Real Estate Awards
Connect Media is pleased to announce the California winners of our 2017 annual Women in Real Estate Awards. We chose… Read more
Congratulations to the Texas Winners of the 2017 Women in Real Estate Awards
Connect Media is pleased to announce the Texas winners of our 2017 annual Women in Real Estate Awards. We chose… Read more
Database Software Platform Takes 106K SF at Manhattan Tower
Paramount Group, Inc. executed a two-floor lease with MongoDB at 1633 Broadway, a 48-story trophy office tower located between 50th… Read more
Congratulations to National Winners of the 2017 Women in Real Estate Awards
Connect Media is pleased to announce the 10 national winners of our 2017 annual Women in Real Estate Awards. We… Read more
$257K-Per-Apartment for The Wescott in Stamford, CT
A private New Jersey-based investment group paid $67 million for The Wescott, a 261-unit apartment community in Stamford, CT. That… Read more
Raine Group Comes to Park Avenue Tower
The Raine Group signed a lease for 33,253 square feet of space at Park Avenue Tower, a 620,000-square-foot office building… Read more
100 Passive House Apartments Open at Beach Green Dunes
The 100 affordable apartments are now open at Beach Green Dunes in the Edgemere section of Far Rockaway, Queens, one of the… Read more
Aaron Kaufman Joins Newmark Knight Frank
An expert in Manhattan’s Plaza District and Rockefeller Center, Aaron Kaufman has joined Newmark Knight Frank (NKF) as an associate… Read more
40% of New Yorkers Live with Roommates
In the New York metropolitan area, 40% of adults live doubled or tripled up with roommates. That’s up from 32.7%… Read more
Five Young Brokers Join the Mentorship Program at Lee & Associates NYC
Lee & Associates NYC grew rapidly in second half of 2017. Its top hires include five promising young brokers, whose… Read more