New York
NYCHA Closes $560M Deal for Ocean Bay Apartments
Despite threatened budget cuts, housing officials closed a $560 million deal to renovate the 1,395 public housing apartments at the… Read more
100,000 New Jobs for NYC
New York City has a plan to create 100,000 new jobs over the next 10 years. “These are the fast-growing, high-paying… Read more
$10.8M for a Piece of Parkchester
An investor paid $10.8 million for two buildings in the giant Parkchester apartment complex in the Bronx. The five-story buildings… Read more
Condo Developer Pays $118M for Affinia Dumont NYC Hotel
A condominium developer paid $118 million for the Affinia Dumont NYC Hotel. “We are very excited to announce the sale… Read more
Ric Clark to Lead the Alliance for Downtown New York
Ric Clark will be the new chairman of the Alliance for Downtown New York. Clark is the senior managing partner… Read more
Austin Company to Run State’s First Gold Depository
The state of Texas selected Austin-based Lone Star Tangible Assets as the private vendor that will build and operate the… Read more
Shana Daby Joins Greystone
New York-based Greystone expanded its FHA underwriting team with the addition of Shana Daby, who joins as a Managing Director… Read more
Hellen Keller Finds a New Home in Downtown Brooklyn
Hellen Keller Services for the Blind has leased 46,240 square feet of office space at 180 Livingston St. in Downtown… Read more
Ballard Spahr Signs at 1675 Broadway
Ballard Spahr, an AmLaw 100 law firm, signed a 10-year, 27,000 square-foot lease at 1675 Broadway, a 35-story, 850,000-square-foot office… Read more
Ariel Hosts Interns
Four seniors from Manhattan’s Chapin School participated in a kickoff program in an intensive four-day commercial real estate course from… Read more
Industry Leaders Call for Design-Build
New York City agencies could save $158-million and cut more than 18 months from the time it takes to build… Read more
Biotech Expert Joins JLL
Life sciences expert John Cahill has joined JLL as a senior vice president. “John Cahill has an outstanding reputation in… Read more
Bill Rudin to Lead REBNY
The new voice of the New York real estate industry will be William C. Rudin, who will begin a three-year… Read more
Few Apartment Properties Trade in NYC
The volume of apartment properties bought and sold in New York City has stopped falling — but it is not… Read more
Value-Added in Long Island City
Himmel + Meringoff bought a 127,000-square-foot office and warehouse building in Long Island City, with plans to transform the property.… Read more
Related, Vornado Plan $1.6B NY Train Hall MXU
Empire State Development Corporation struck a $1.6-billion deal with Related Companies, Vornado Realty Trust and Skanska to redevelop the James… Read more
$45M, 7-Year Bank Loan to Buy Brooklyn Apartments
A real estate fund received $45.1 million in acquisition financing to purchase an 18-building, 207-unit apartment portfolio in Brooklyn neighborhoods,… Read more
Celebrating Dads and their Children in CRE
Watch the video above or scroll down to see all the fathers and kids. Commercial real estate is an industry… Read more
Loan Just in Time for Soho Development Site
A $23.3 million loan came just in time to help a developer assemble a prime site in Manhattan’s Soho neighborhood,… Read more