New York
MedProperties Pays $230M for Healthcare Real Estate Portfolio
MedProperties Holdings, headquartered in Dallas, struck a deal with Harrison Street to acquire the latter’s 17-property healthcare portfolio. MedProperties is… Read more
Digital Media Firm Expands to 100K-SF at SoHo Building
Group Nine Media signed a 60,000-square-foot expansion lease at 568 Broadway in New York’s SoHo district. When combined with a… Read more
Condo Tower Tops Out in Greenwich Village (21 E. 12th St.)
The new condominium tower at 21 E. 12th St. topped out September 14, 2017, at 22 stories in Manhattan’s Greenwich… Read more
Sidelined Investors May Return — When the Yield Does
Real estate investors are spending less in New York City to acquire properties. However, institutions like CalPERS still have a desire… Read more
AmTrust Grows Again at the News Building
AmTrust Title Insurance Company expanded its space at 220 E. 42nd St., also known as the News Building, an office… Read more
Brooklyn and Queens Get 10.5M-SF
Some of the largest office projects in decades are currently under construction in the outer boroughs of New York. “Not… Read more
Eric Throne Joins Cushman & Wakefield
Eric Throne has joined Cushman & Wakefield’s New York City Industrial Brokerage Services Group as director of the Brooklyn and… Read more
$83M Sale, Acquisition Financing for Manhattan Plaza District Dev Site
Manhattan-based Skyline Developers acquired 12-18 West 55th Street, an 8,000-square-foot development site in Manhattan’s Plaza District from a partnership between… Read more
Finastra Expands at Renovated Office Tower
Finastra, a global financial technology company, has expanded into the 11,275-square-foot, full-floor Penthouse at 285 Madison Ave. The penthouse space… Read more
Shake Shack’s Home Office, Flagship Restaurant Comes to 225 Varick St.
Shake Shack has signed a 15-year lease for 27,000 square feet at 225 Varick St. in Manhattan’s West Village neighborhood.… Read more
$75M in Financing for Unsold Condos
ABC Properties received $20 million in equity finance to help pay for its purchase of 146 rent-regulated condominiums at 733… Read more
Manhattan’s Office Development Near Three-Decade Peak
New York City is in the midst of its biggest office construction building boom in three decades, according to an… Read more
Seagis Buys 135K-SF of Warehouse Space in East New York
Seagis Property Group has acquired three warehouse buildings in Brooklyn’s East New York neighborhood. “Seagis has had a meaningful presence… Read more
NKF Completes $106.1M Campus Sale
A joint venture between Irvine, CA-based Greenlaw Partners and New York-based Westbrook Partners acquired Centerpointe La Palma, a 525,560-square-foot, 10-building… Read more
Knotel Leases at Nine Times Square
Knotel has leased three full floors at 200 West 41st St, the office tower also known as Nine Times Square.… Read more
Concourse Village West Construction Begins
Construction began September 18th, 2017, on 265 new, affordable apartments at Concourse Village West in the Fleetwood – Concourse Village… Read more
Kushner Buys Quail Ridge Apartments (Again)
Kushner Companies paid $190 million for Quail Ridge Apartments, a 52-acre garden apartment community in Plainsboro, NJ, near Princeton. It’s… Read more
Nuxeo Comes to DUMBO
Nuxeo, a global software company, has leased a 12,500-square-foot space at 10 Jay St. in Brooklyn’s DUMBO neighborhood for its… Read more
Watch Ludeman and Costello at Connect New York on Facebook Livestream
International real estate investors are spending less in New York City. How long will the slowdown in property sales last?… Read more