New York
Long Island City to Get 1.5M-SF for Innovation, Jobs and Housing
Two City-owned sites on the Long Island City waterfront will become 1.5 million square feet of industrial, commercial and residential… Read more
Tower Tops Out at Hudson Yards
A new mixed-use, 38-story tower topped out in mid-July in the neighborhood around Hudson Yards on the West Side of… Read more
East Village Apartments Bought Out of Default
Delshah Capital paid 30% less than the market value to take possession of 97 2nd Ave., an apartment building in… Read more
International Cash Pours into Manhattan
Buyers from overseas keep buying bigger buildings. Five of the top six office transactions in the first half of 2017,… Read more
Robert Piazza Joins Rockefeller’s Development Group
New York-based Rockefeller Group expanded its residential development team with the addition of Robert Piazza, who joins from Equity Residential… Read more
Global Law Firm Leases 130K-SF at Hudson Yards
Global law firm Cooley LLP has signed a deal to relocate its New York headquarters to 55 Hudson Yards, leasing… Read more
Aaron Warkov Joins Ariel
Aaron Warkov has joined Ariel Property Advisors in its New York office as a director in the investment sales division.… Read more
Long Island City Gets Corporate Headquarters
Schweiger Dermatology Group will move their corporate headquarters to the Long Island City neighborhood of Queens. The dermatology group will… Read more
Digging into San Antonio Retail with Weitzman’s Marcus Shaffer
Weitzman recently released its San Antonio 2017 mid-year retail report. Much of the news is good, with an occupancy rate… Read more
Chinatown Egg Waffles and Ice Cream for the East Village
Eggloo, a new Chinatown dessert vendor, will open its second location in a 600-square-foot space at 147 Avenue A, across… Read more
$500-Per-SF for Vacant Mixed-Use in Lefferts Gardens
A vacant, mixed-use building in the Prospect Lefferts Gardens neighborhood of Brooklyn sold for $2.5 million. “We received a great… Read more
Bronx Investment Sales Rise — Unlike Everywhere Else
Investors spent more money to buy real estate properties in the Bronx in the first half of this year —… Read more
Christie’s Provides Public Art at 535 Madison
John Chamberlain’s larger-than-life silver aluminum sculpture, ROSETUXEDO, will visit Christie’s Sculpture Garden, located in a public plaza at 535 Madison… Read more
Planning Commission Approves Burial Ground Development
The New York City Planning Commission approved a plan to build up to 750 new apartments and an outdoor memorial… Read more
WeWork Expands Presence in L.A., Takes 70K-SF in WeHo
WeWork signed a lease to take two floors at the Pacific Design Center’s RedBuilding in Los Angeles. The rapidly-expanding coworking… Read more
City Council Agreement for Greater East Midtown
Not everyone is overjoyed by the rezoning of Greater East Midtown, which the New York City Council agreed to move… Read more
2% Cap Rate for Sutton Place Apartments
The rents are likely to rise a lot at 316 E. 55th St., a recently-sold apartment building in the Sutton… Read more
$70M Refi for Beekman Tower
Beekman Tower Holding Company borrowed $70 million to refinance its landmark apartment tower in Midtown Manhattan — even though the… Read more
Top Retail Broker Joins CBRE in NYC
Joel Stephen has returned from Hong Kong to join CBRE in New York City as senior vice president for retail.… Read more