New York
Savanna Buys Beaux-Arts Tower in NoMad
Savanna bought 31 W. 27th St., a Beaux-Arts office and retail building in the Madison Square North Historic District of… Read more
Dustin Stolly Joins NKF
Finance expert Dustin Stolly will become vice chairman of the debt and structured finance team for Newmark Knight Frank (NKF).… Read more
Emily Lettieri Joins Connect Media
Connect Media is expanding with the addition of Emily Lettieri, who joins the team to lead the Conference division, which… Read more
Prices Rise Most in Most Expensive Neighborhoods
High prices got higher in the second quarter in New York City’s most expensive residential neighborhoods. Median sale prices trended… Read more
Toll Brothers Takes Home the Gold
Toll Brothers struck gold with its new, residential building in Manhattan. Its 18-story tower, at 121 E. 22nd St. in Manhattan’s… Read more
NYCHA to Renovate Another 4,000 Apartments
The New York City Housing Authority (NYCHA) has found a way to bring new funding and private-sector capital to eight… Read more
Pain Quotidien Founder Opens New Restaurant in Soho
Le Botaniste will open its second New York City location at 127 Grand Street in Manhattan’s Soho neighborhood. The restaurant… Read more
Submit Your Nominations
Please return your nomination by August 1, 2017. Do you know a young person in the commercial real estate business… Read more
Seattle Claims Crane Crown, Again
Seattle claimed the crown of crane capital of America for the second straight year. A study by Rider Levett Bucknall,… Read more
Gov. Brown, Former NYC Mayor Bloomberg Partners on Climate
California’s Governor Jerry Brown is partnering with former New York City mayor Michael Bloomberg in an effort to gather climate… Read more
Kimco Picks Up PDX’s Jantzen Beach for $132M
New Hyde Park, NY-based Kimco Realty Corp. acquired Jantzen Beach, a 746,000-square-foot, open-air shopping center in Portland, OR for $131.8… Read more
Rising Interest Rates Didn’t Stop $61M Refi
Fairfield Properties borrowed $61 million to refinance Fairfield Broadway Knolls at Holbrook, a 284-unit Class A apartment complex in Holbrook,… Read more
Permanent Financing in Midwood from Balance Sheet Lender
A local investor borrowed $19 million to refinance 1122 Chestnut Ave., a seven-story apartment property in Brooklyn’s Midwood neighborhood. “1122… Read more
101 Apartments Nearly Complete in Morrisania
This fall, 101 new apartments will open at La Casa del Mundo, a new apartment community at 3475 Third Avenue… Read more
$29.4M to Buy the Sunshine Theatre
The new owners of the Sunshine Theatre borrowed $29.4 million to buy and rehabilitate the historic cinema on 139 E.… Read more
Apartment Prices Up 22% in Brooklyn
The price of the average Brooklyn apartment was $896,204 in the second quarter. That’s down a little from $947,732 in… Read more
JLL Arranges $150M Bridge Financing for Brooklyn’s 10 Jay Street
New York-based Glacier Global Partners and Triangle Assets secured $150-million in bridge financing for 10 Jay Street in Brooklyn. Acore… Read more
ABM Set to Acquire GCA Services in $1.25B Deal
New York-based ABM Industries Inc. is reportedly close to closing a $1.25-billion deal to acquire Ohio-based GCA Services Group. The… Read more
Brooklyn Retail on the Tipping Point
Brooklyn’s retail sector has reached a “tipping point,” according to “Brooklyn: Residential Construction Boosts Retail,” the latest research report from… Read more