New York
Special CMBS Deal for 85 Broad
The new owners of 85 Broad St. in Manhattan’s Financial District refinanced with a loan from the first-ever issuance of… Read moreHealth Clinic at the Greenwich Lane
Northwell Health will soon establish a new 22,000-square-foot community health facility at the Greenwich Lane, a new, 199-unit condominium located on… Read more
Aetna Relocating HQ to NYC
Aetna chose New York City over Boston for its corporate headquarters in an effort to tap into NYC’s “knowledge economy… Read more
Small Apartment Properties Get $22M Refi
Local property owner Yoel Goldman received $22 million in loans for a dozen small apartment properties in Brooklyn, NY. That… Read more
Biotech Comes Downtown
By the end of 2017, NYU Langone Medical Center and BioLabs will open a large-scale biotech incubator at 180 Varick… Read more
Navy Yard Hub for Virtual Reality and Augmented Reality
New York University Tandon School of Engineering will develop and operate a 15,000-square-foot hub for virtual reality and augmented reality… Read more
Office Vacancy Rate Remains Flat Despite Job Growth
The national office market continued along at a lackluster pace, recording the lowest quarterly net absorption in three years in… Read more
Heyday Leases on the Upper West Side
A skin care shop found a great home for itself in a 3,800-square-foot storefront on the Upper West Side of… Read more
Office Tenants Love Midtown South — Can’t Leave
Once a company moves to Manhattan’s Midtown South neighborhood, they tend to stay, and stay. “Relocations in Midtown South since… Read more
Square Mile Secures $70M for Jamison Wilshire Blvd. Asset
New York-based Square Mile Capital Management LLC originated a $70.5-million loan secured by 3600 Wilshire Blvd., a 22-story, 415,000-square-foot office… Read more
$60M Loan for The York
BLDG Management took out a $60-million loan for The York, an apartment building on Manhattan’s Upper East Side. “The York’s… Read more
Berkshire Hathaway Adds New Commercial Real Estate Brokerage
Warren Buffett’s Berkshire Hathaway HomeServices New York Properties has launched a new division to broker commercial real estate deals. Industry… Read more
Business Insider Moves to One Liberty Plaza
Another publishing company is moving Downtown. Business Insider will fill 88,000 square feet at One Liberty Plaza. “Business Insider was… Read more
Kenneth Colao “Entrepreneur of the Year” for New York
Kenneth Colao won the ‘Entrepreneur of the Year’ award in the Real Estate, Hospitality and Construction category in New York.… Read moreLocation Still Matters
Even though technology has changed the value that retail stores provide to consumers, location still matters, according to experts Connect… Read more
403 Apartments Stay Affordable in Sunset Park
New buyers have a plan to keep the rents affordable at 403 apartments in 42 buildings in the Sunset Park… Read more
Yuco Opens 66 New Affordable Apartments
Yuco Real Estate Co. opened 66 new and affordable apartments at Brook Avenue Apartments, in the Mott Haven neighborhood of… Read more
Construction Wages Grew 5.4% in 2016
With the construction business growing quickly, wages for construction workers rose 5.4% in 2016. It’s the first time since 2008… Read more
Short to Expand Lending at Hunt Mortgage
Justin Short has joined New York-based Hunt Mortgage Group as managing director. Short will expand Hunt’s proprietary platform for originating… Read more