New York
Related Closes in on $2.5B Financing for 50 Hudson Yards Tower
New York-based Related Companies and Oxford Properties Group are reportedly close to securing a $2.5-billion financing package for 50 Hudson… Read more
Refurbished Tower Nearly Fully-Occupied
Companies have leased 305,000 square feet of space at 1166 Avenue of the Americas in the last 18 months. The… Read more
Kips Bay Retail at $85-SF
Celebrity dermatologist Dr. Bobby Buka, who counts celebrities Sarah Jessica Parker and Julianne Moore as patients, will open his sixth… Read more
Developers Rush to Build in Brooklyn
Developers have received permits during the first three months of 2017 from city officials in Brooklyn to build 2,097 new units… Read moreWalmart’s Jet.com Opens Temporary NYC Store
It’s like a pop-up shop for groceries. From May 10 to June 18, Jet.com will have a food-themed concept shop… Read more
What Were April’s Largest CMBS Delinquencies?
The Trepp CMBS Delinquency Rate pushed higher in April, as a large number of loans reached balloon dates and failed… Read more
Jim Traynor Leads Rehab at 390 Madison
Workers are tearing millions of pounds of concrete and steel from the base of the office tower at 390 Madison… Read more
$3.8M for Rent Stabilized Townhouse
An undisclosed buyer paid $3.8 million for a townhouse on the Upper West Side of Manhattan. The ornate townhouse is… Read more
First American Title Moves to Midtown East
First American Title Company, one of the world’s top providers of real estate title insurance, has signed a lease for… Read more
4% Interest-Only CMBS Loan for NoHo Landmark
The owners of a landmark office building in Manhattan’s NoHo neighborhood have refinanced with a low-interest, interest-only loan for $32.5… Read more
Extra Innings for NYC Construction Boom
Developers took out more permits to build homes and apartments in New York City in the first three months of… Read more
New Standard for Housing Redevelopment
New York City has a whole new yardstick to measure the apartment developments it puts its money into. Developers who… Read more
HFZ Takes $1.25B to Build High Line Condo Towers
HFZ Capital Group took out a $1.25-billion construction loan to keep building The Eleventh, a giant, new luxury mixed-use development… Read more
Deadline Set to Bid for Astoria Cove Development Site
A bidding war may be brewing for a 8.7-acre development site on the Queens waterfront, now that lawmakers have renewed… Read more
2018 Opening for Manhattan’s First Nordstrom
The Nordstrom flagship store at Columbus Circle will open its Men’s Store in spring 2018, a whole year and a… Read more
$25M for Upstate Office
Investor Zamir Equities completed the $25.25 million purchase of One Lincoln Center, a 305,594-square-foot Class-A office tower in Syracuse, NY. The… Read more
Biergarten Opens on Jersey City Waterfront
Lutze Biergarten, Jersey City’s first outdoor biergarten along the Hudson River Waterfront, opened May 5. “Just in time for the… Read more
New Apartments in Ocean Hill, Brooklyn
The Henry Apartments unveiled 134 new apartments May 8, 2017, in the Ocean Hill neighborhood of Brooklyn, between Bed Stuy, Crown… Read more
Dzbanek Named Douglaston’s New Design and Construction Chief
The development boom isn’t over. In fact, developers are still hiring. Allen Dzbanek has joined Douglaston Development as senior vice… Read more