New York
Totem Unveils Revised Plan for Herkimer-Williams MXU in East New York
Brooklyn-based developer Totem on Thursday released an updated iteration of its plan to transform a privately owned two-acre site around… Read more
Headquarters Relocations: When, Who, Where, and Why
It’s not easy for a large company to pick up its headquarters operations and move them elsewhere, whether that move… Read more
Brookfield Raises Nearly $6B in Q1 for Opportunistic Property Fund
Brookfield Asset Management raised nearly $6 billion for its new real-estate fund in the first quarter, one of the largest-ever quarterly… Read more
Riveron Relocates in Midtown to Marx Realty’s 10 Grand Central
Marx Realty has signed a new 20,000-square-foot lease with business advisory firm Riveron at 10 Grand Central in Midtown Manhattan. The… Read more
Leasing Launches for Maxwell Downtown Brooklyn Apartments
Triangle Equities and The Michaels Organization, alongside partners Geolo Capital and Helaba Bank, have launched residential leasing at the newly branded Maxwell Downtown Brooklyn, a 40-story,… Read more
Paramount Group Sells Minority Stake in One Front Street
Paramount Group, Inc. said Wednesday that it sold a 25% interest in One Front St., a 649,000-square-foot Class A office… Read more
Alchemy-ABR, Carlyle Top Out Upper East Side Luxury Tower
Alchemy-ABR Investment Partners said Wednesday that 288 E. 88th St., a new 24-story luxury residential rental building on Manhattan’s Upper… Read more
Flatiron District’s Scribner Building Reaches Full Occupancy
Since launching its commercial arm earlier this year, Platinum Commercial, part of the family-owned boutique brokerage Platinum Properties, has leased the remaining floors at… Read more
Charney Secures $135M Financing for Fort Greene Condo Project
Charney Companies secured significant construction loan financing for its development of 95 Rockwell Pl. in Fort Greene, Brooklyn. Financed with $135 million in backing… Read more
Marcus & Millichap Brokers Sale of Gosman’s Dock Portfolio in Montauk
Marcus & Millichap brokered the $34.35-million sale of Gosman’s Dock, a 48,145-square-foot, nine-property mixed-use commercial real estate portfolio on 11.6… Read more
Blackstone Pays $175M for Midtown Kimpton Hotel
Blackstone’s BRE Hotels unit has bought the 292-key Kimpton Hotel Eventi at 835 Ave. of the Americas from DLJ Real… Read more
Bridge Medical Expands Space at 389 Fifth Ave.
Koeppel Rosen LLC, leasing and management agent for the Rosen family portfolio, said that Allexian, dba Bridge Medical, has expanded at 389 Fifth Ave.… Read more
Boerum Hill Apartments Score $166M Construction Loan
SCALE Lending, the debt financing arm of Slate Property Group, has finalized a $166-million construction loan for the development of a… Read more
NYCEDC Issues RFI for Redevelopment of Long Island City’s Vernon Building
The New York City Economic Development Corporation (NYCEDC) released a Request for Information (RFI) Monday to solicit ideas and interest regarding the… Read more
Law Firm Rose & Rose Inks 250 Broadway Lease
AmTrust RE has finalized a lease with Rose & Rose for 14,067 square feet at 250 Broadway. The law firm is moving… Read more
Transwestern Relocates Mudrick Capital HQ in Midtown
Transwestern Real Estate Services brokered a 26,600-square-foot lease on behalf of Mudrick Capital Management at 31 W. 52nd St. in midtown Manhattan.… Read more
Veris Trades Development Site in White Plains CBD
CBRE arranged the sale of 1 Water St., a 1.3-acre development site located in White Plains, NY, to David Gaber… Read more
Amazon Acquires Fifth Avenue Office Tower
RFR said Friday it has sold its 600,000-square-foot office tower at 522 Fifth Ave. near Bryant Park and Grand Central… Read more