New York
CBRE Promotes Michael Lee to Vice President
Michael Lee, a CBRE brokerage professional in the New York metropolitan area, has been promoted to vice president at the… Read more
Columbia Bets Again on Midtown South with 149 Madison Ave.
Columbia Property Trust closed its previously announced $87.7-million purchase of 149 Madison Ave., a 12-story, office building in Manhattan’s Midtown… Read more
Office Developer Buys Brownsville Industrial at 315 Liberty Ave.
A developer planning to build office space paid $5 million for a two-story industrial property at 315 Liberty Ave. in… Read more
Rents Fall in Top Retail Corridors
Retail rents fell in 13 of Manhattan’s top 17 shopping corridors over the last year, according to the Real Estate… Read more
Berkery Noyes Comes to Plaza District from Downtown
Berkery, Noyes & Co. is leaving Downtown Manhattan behind, and moving its investment bank headquarters to 245 Park Ave. in… Read more
Renovations Revealed at Shorecrest Towers in Brighton Beach
Cammeby’s International unveiled their renovations at the new Shorecrest Towers at Trump Village, a high-rise tower with a view of… Read more
Whiskey Bar, Broadway Tix at Launch Party for The Shephard
A lucky commercial real estate broker won tickets to Bruce Springsteen on Broadway at the launch party for The Shephard,… Read more
New Renderings for Snøhetta and Extell’s 50 W. 66th St.
Extell Development Company and architecture firm Snøhetta have revealed a new set of renderings of their residential tower planned at… Read more
Mizuho to Fill 411K-SF at 1271 Ave. of the Americas
Mizuho Americas will expand its space at 1271 Ave. of the Americas by 270,000 square feet to a total of… Read more
Condo Buildings Top-Out at at 436 and 442 E. 13th St.
The Amirian Group recently topped out THIRTEEN EAST + WEST, a development of two new luxury condominium buildings at 436… Read more
2.3% Cap Rate for 231 Stanhope St. Apartments
An undisclosed investor paid $1.49 million for the six rental apartments at 231 Stanhope St. in the Bushwick neighborhood of… Read more
California Household Buying Income Requirements Soar
Four California markets are among those requiring the highest salaries to buy a house in the U.S., reports mortgage information… Read more
232K-SF Hidden Grove Sells to Dallas-Area Buyers
New York City headquartered Red River Asset Management ended its four-year-plus hold on the four-building, 232,289-square-foot Hidden Grove at 12404… Read more
$100M Financing Arranged for Clarion Norwalk, CT Asset
A separate account managed by Clarion Partners secured $100 million in financing for Merritt 7, a six-building, 1.4-million-square-foot, Class A… Read more
CBRE to Project Manage Mid-Manhattan Library Renovation
The New York Public Library has partnered with CBRE to keep its renovation of the Mid-Manhattan Library on-time and on-budget.… Read more
Transmitter Brewing Comes to Brooklyn Navy Yard
Building 77 at the Brooklyn Navy Yard has a new tenant: Transmitter Brewing will move to a 8,165-square-foot space from… Read more
Urban Edge Borrows $663M for Retail Properties
Urban Edge Properties borrowed $663 million to refinance a portfolio of 15 retail properties and one industrial property totaling 4.6… Read more
SL Green Divesting Stake in $1.95B NYC Asset to Allianz
SL Green Realty Corp. is selling a 43% stake in 1515 Broadway in New York to affiliates of Allianz Real… Read more