New York
$12M Construction Loan for 19 Condos in Williamsburg
A developer received $12.2 million in construction financing to build a seven-story residential building at 305 Union Ave. in Brooklyn’s… Read more
Douglas Emmett, QIA Complete $177M Deal with Blackstone
Douglas Emmett, Inc. acquired 9665 Wilshire Boulevard, a 171,000-square-foot Class A office property in Beverly Hills’ Golden Triangle from Blackstone… Read more
InterContinental New York Times Square in Special Servicing
The InterContinental New York Times Square is going to be fine… eventually. Don’t worry that the hotel has been operating… Read more
Little Vacancy in Midtown South
Companies aren’t leasing much office space in Midtown South — but not for lack of trying. Until very recently, there… Read more
Record-Breaking Sale in Bensonhurst
A private investor paid $3 million for two mixed-use buildings in the Bensonhurst neighborhood of Brooklyn. “We received an overwhelming… Read more
Tudor Investment Selling CT HQ, Moving Closer to NYC
Tudor Investment Corp. is selling its 43-acre campus in Greenwich, CT to Brunswick School, and plans to relocate its HQ… Read more
Dogman and Rabbitgirl Bring Art to Midtown
Two sculptures by world-famous contemporary artists Gillie and Marc will visit 1221 Avenue of the Americas from July 2017 to… Read more
Barre3 Comes to Long Island City
Barre3, an international fitness barre studio, has leased space for a new location at 44-16 23rd Street in Long Island… Read more
$7M for Astoria Apartment Building
A local investor paid $7.25 million, or $302,083 per unit, for an apartment property at 25-65 32nd St. in the… Read more
NYC a Leading Life Science City
New York City has become one the top cities in the country for research in medicine and the life sciences.… Read more
NYU Langone Tower to Include Cosmetic Surgery Center
The new academic medical center at 222 E. 41st St. will include a new center of excellence in cosmetic plastic… Read more
Law Firm Takes 25K-SF at 590 Madison Ave
Greenspoon Marder signed a 25,000-square-foot lease at New York’s 590 Madison Ave. The law firm is expanding and relocating to… Read more
CMBS Disposition Volume Surges
CMBS disposition volume surged to $1.4 billion in June, according to Trepp, following a 12-month low in May. Deal activity… Read more
Long Lines at Skate Shop’s New Soho Location
Palace, a skateboard and skater clothing brand based in London, picked a spot for its first New York City store… Read more
BofA Renews Large Space on the Upper East Side
Bank of America has renewed its lease at 1066 Lexington Ave. on Manhattan’s Upper East Side, signing for 6,768 square… Read more
Rents to Stay Low at 948 Apartments
Developers will replace broken elevators and renovate the 948 crumbling apartments at Stevenson Commons in the Bronx. “Stevenson Commons will… Read more
$4M for 16 Brooklyn Apartments
M&M 369 Realty paid $3.95 million for 369 Ocean Ave., a pre-war apartment building in the Prospect Park South neighborhood… Read more
City Way Ahead of Its 10-Year Affordable Housing Plan
New York City’s building boom isn’t just for luxury condos. In the three years since the start of 2014, New… Read more
Brooklyn, City of Artists
Despite rising rents, more artists now live in New York City than ever before — they just live in different… Read more