New York
Stabilized Ashland Gets $218M Loan
An affiliate of The Gotham Organization borrowed $217.5 million in permanent financing for The Ashland, a new 53-story tower with… Read more
World’s Best Cookie Dough Comes to the Village
World’s Best Cookie Dough, a dessert shop offering delicious, safe, raw cookie dough, will be opening its first storefront in… Read more
$479M Construction Loan for Hudson Commons from Investment Fund
Cove Property Group and its institutional partner borrowed $479 million in construction financing to redevelop Hudson Commons, a 25-story, 701,364-square-foot… Read more
Crushing Fines for Zombie Buildings
A new team of city officials will take a hard look at vacant and abandoned structures in New York City.… Read more
$30K Design Competition to Re-Think Park Avenue
The designer who comes up with the best idea to redevelop the median strips on Park Ave. can win up… Read more
Fast Acting — Massive Tower Fully-Leased in Eight Months in Jersey City, NJ
The 762 apartments at Jersey City Urby are now 95%-leased, just eight months after leasing began at the 713-foot tower… Read more
Condominium Conversion Gets $43M Construction Loan
Condominium conversions are coming back. Silverback Development borrowed $43.1 million from a private equity fund to convert an old student… Read more
Rising Pharmaceuticals Takes 37K-SF in Saddle Brook, NJ
Rising Pharmaceuticals, Inc. has moved into a 37,000-square-foot space at Park 80 West in Saddle Brook, NJ. “Rising Pharmaceuticals wanted… Read more
Moinian Borrows $103M to Build 572 11th Ave.
The Moinian Group borrowed $103 million from Bank of China to build its new rental apartment tower at 572 11th… Read more
Another Giant Sale for NY REIT: $156M for Two Towers
Just a few days after agreeing to sell its property at 1440 Broadway, NY REIT announced that it has sold… Read more
Mission Capital Hires Beau Williams and Raymond Salameh
Mission Capital Advisors has hired two finance pros: Beau Williams as director and Raymond Salameh as vice president. Williams and… Read more
Lamy Leases 452 Broadway for Flagship Store
Lamy has leased 452 West Broadway, a three-story building in Manhattan’s SoHo neighborhood, to be the site of its flagship… Read more
$299K-Per-Unit for Apartments in Downtown Stamford, CT
Navarino Acquisitions paid $24.5 million for 82 apartments at 545 Bedford St. in downtown Stamford, CT. That works out to… Read more
53-Story Hudson Yards District Tower Launched
The Moinian Group broke ground on the 53-story, two-million-square-foot 3 Hudson Boulevard office tower located in the heart of the… Read more
Kick Axe Comes to Gowanus
Kick Axe, an indoor axe throwing entertainment venue, will be opening soon in a 7,000-square-foot warehouse space at 622 Degraw… Read more
More Affordable Seniors Housing
New York City will seek proposals from developers to build 300 new affordable apartments for seniors on three underused sites… Read more
1440 Broadway Sells for $520M
New York REIT agreed to sell its property at 1440 Broadway in Midtown Manhattan for $520 million. The sale is… Read more
Icon Pays $700K-Per-Unit for West Village Walk-Up
Icon Realty Management paid $17.5 million for a partially rent-stabilized, six-story walkup with 25 apartments in Manhattan’s West Village. That… Read more
EY Takes 600K-SF at One Manhattan West
Ernst & Young (EY) signed a lease for 600,000 square feet of office space at One Manhattan West, the 67-story,… Read more