New York
Giant Redevelopment for Downtown New Rochelle
Big things are underway in New Rochelle, which has begun the largest downtown redevelopment in its history. “This is more… Read more
Volunteers of America Leases 30K-SF
Volunteers of America has taken out a 15-year lease for its Greater New York Chapter at 135 West 50th St.… Read more
One Year at Rikers for Landlord
Steven Croman, a major New York City landlord with more than 140 apartment buildings across Manhattan, pled guilty to fraudulently… Read more
After Renovation, the Pavilion at Queens Gets $60M Refi
Kennedy Management has taken out a $59.8 million loan to refinance The Pavilion at Queens for Rehabilitation & Nursing, a… Read more
Barclays Buys the Crossings at Jefferson Park
Barclays Capital has paid $69 million for the Crossings at Jefferson Park in Whippany, NY. Barclays has been the anchor… Read more
Erica Buckley Joins Nixon Peabody
Need a lawyer to help you understand your 421-a exemption? Or any other aspect of New York City’s labyrinth of… Read more
REBNY Picks Top Commercial Property Managers
The best managers of commercial properties in New York City were awarded prizes at the Real Estate Board of New… Read more
26K-SF Leased at Tower 45
Schrödinger has signed a three-year lease for approximately 26,000 square feet on the 21st and 22nd floor at Tower 45,… Read more
NYC Cap Rates Stay Stable
Even as the Federal Reserve hikes interest rates, average yields on investments in commercial real estate have stayed low in… Read more
How Does California Stack Up on Startup Activity?
The five U.S. metro areas with the highest startup activity in the 2017 Kauffman Index of Startup Activity were Miami,… Read more
JPMorgan Chase Takes Another 300K-SF at NY’s 5 Manhattan West
JPMorgan Chase signed a 15-year lease for an additional 305,000 square feet at Brookfield Property Partners’ 5 Manhattan West in… Read more
NKF Closes $430M Debt Financing for Manhattan’s Park Ave. South Asset
Newmark Knight Frank (NKF) closed $430 million in debt financing on Orda Management Corporation’s 225-233 Park Avenue South in Manhattan.… Read more
Sales Begin at 45 Park Place
Soho Properties has begun selling the new condominiums at 45 Park Place, in the Tribeca neighborhood of Manhattan. StreetEasy has five… Read more
12K-SF Sub-Lease in the Financial District
Law firm Elefterakis, Elefterakis & Panek signed a sublease for the entire 38th floor at 80 Pine St., a 40-story… Read more
CRE Technology – The Takeover Has Begun
The tech takeover is in full force across the CRE sector. Connect Media asked three tech solutions leaders to share… Read more
Kennedy Wilson Acquires Seattle-Area Office for $153M
Beverly Hills, CA-based Kennedy Wilson acquired 90 East, a 573,000-square-foot office campus consisting of three Class A office buildings in… Read more
Aetna Exploring HQ Relocation to Boston or NY
Aetna confirmed that it is exploring a headquarters relocation from Hartford, CT, its home for 164 years. The insurance giant… Read more
$3.8M in Non-Recourse Loans for Apartment Buildings in Bed-Stuy
Two apartment buildings received $3.785 million in loans in the Bedford-Stuyvesant neighborhood of Brooklyn, one of the most vibrant areas in New… Read more
Calling All Developers: NYCHA Sites to Build
Four prime sites are available for development on underused corners of public housing projects in New York City — places… Read more