New York
$5M for Upper East Side Apartments
An investor paid $5.3 million for a five-story apartment building on the Upper East Side. “We achieved a record price… Read more
NYC Adds 107K Jobs
Good news for office developers — the number of jobs in New York City rose by 106,800 over the year… Read more
CBRE Completes Sale-Leaseback with Seafood Producer-Distributor
CBRE completed the sale and leaseback of a three-property industrial portfolio located in the core markets of Los Angeles and… Read more
White Plains Approves Apartment Tower for Alliance Residential
Alliance Residential Company won approval from the White Plains Common Council to build a 15-story apartment tower at Mamaroneck Ave.… Read more
$44M Acquisition Financing for Half-Finished Hotels
Chris Xu, founder and president of United Construction and Development Group, borrowed $44 million to buy a dual-branded Marriott Hotel… Read more
Most Expensive Condos at One Manhattan Square Revealed
Extell Development Company unveiled the 25 super-luxury condominiums in its Skyscape Collection, the most expensive condominiums at its already-pricey One… Read more
Landlord Gets 12 Years for Deed Transfer Fraud
Landlord John Kojo Zi received a sentence of up to 12 years in prison for forging deed transfers on five… Read more
Oxford Acquires NYC Waterfront Development Site for $700M
Connect Apartments is planned for September 28th in Los Angeles. Here’s where to get more information and register. Toronto-based Oxford Properties… Read more
$550M Hurricane Resiliency Project for Red Hook Houses
With hurricanes in the news again, the New York City Housing Authority (NYCHA) broke ground at the Red Hook Houses… Read more
New Tenant Provides an Amenity at 220 Fifth Ave.
Breather — an on-demand provider of spaces for meetings — has signed a five-year lease for space at 220 Fifth… Read more
$52M Construction Loan for Tribeca Condos
Cape Advisors have borrowed $52 million to finance the construction of a new condominium development in Manhattan’s Tribeca neighborhood. “The… Read more
Harlem 125 Leasing Quickly
Nearly two-thirds of the market rate apartments already have signed leases at Harlem 125, a new apartment building in Manhattan’s… Read more
New Life for Famed Midtown Recording Studio
One of the most famous recording studios in New York City has been acquired by Berklee College of Music. Bob… Read more
New Capital for Condo Development
Many traditional banks now hesitate to lend money for new development. But new sources of capital are emerging. “For good,… Read more
L&L Staffs Up for $2B Redevelopment of 1568 Broadway
L&L Holding Company is staffing up for the historic redevelopment of 1568 Broadway in Times Square. Just a few weeks… Read more
855K-SF for Amazon’s First NYC Warehouse
Amazon will open its first major warehouse in New York City at a facility on the West Shore of Staten… Read more
Tishman Speyer Taking Full Control of San Francisco Tower for $530M
New York City-based J.P. Morgan Asset Management is reportedly divesting its interest in 222 Second Street, a 452,418-square-foot office tower… Read more
Demand for Medical Office Buildings Soars in SoCal
Register for Connect Healthcare on November 8th at the Andaz Scottsdale Resort & Spa The aging U.S. population, pressure for… Read more
Lease Closes Quickly for Hell’s Kitchen French Brasserie
It only took 18 days to arrange the lease for Le Privé French Brasserie, created by Sanjay Laforest, at the restaurant’s… Read more