New York
Chinatown Mixed-Use Changes Hands After 66-Year Hold
Marcus & Millichap closed the $4.8-million sale of 47 Bayard St., a mixed-use property in Lower Manhattan’s Chinatown neighborhood. The… Read more
Law Firm to Relocate Washington Office to Bethesda
Law firm Miles & Stockbridge, a firm with more than 200 lawyers and offices in Maryland, Washington, D.C., Virginia and… Read more
Old Line Steakhouse Pietro’s Returning to Midtown in New Location
An old-line steakhouse that lost its lease last summer will return to Midtown Manhattan. Pietro’s Ristorante will open in June… Read more
Return to Lender: Week of April 24, 2025
Morningstar Credit this week reported that several properties have transferred to special servicing. They include the following: Read more
Bill Edwards Joins MC Real Estate with Focus on Asset Management, Acquisitions
Bill Edwards has joined MC Real Estate Partners LLC (MCRE), a privately held owner/operator/developer of office and multifamily properties in the… Read more
High-End Mediterranean Restaurant Concept Coming to Forest Hills
Muss Development LLC completed a long-term restaurant lease at its 7000 Austin St. property in Forest Hills, Queens. The high-end Mediterranean restaurant, scheduled… Read more
RPA: Gateway Program Will Generate $445B in Economic Benefits
The full build-out of the 11 projects in the Gateway Program to modernize a 10-mile stretch of Northeast Corridor (NEC)… Read more
Downtown Hotels See Domestic Travel Rebound
Domestic tourism has rebounded strongly in recent years, and downtown districts in the nation’s major cities attract domestic travelers all… Read more
Hudson Companies Tops Out Construction on Hell’s Kitchen Affordable
Hudson Companies, Housing Works and Broadway Builders have topped out construction on The Lirio, a 145,000-square-foot development with 112 permanently affordable… Read more
Ariel Selling 60 Bronx Assets Valued at Nearly $400M
Ariel Property Advisors is currently marketing or has in contract nearly 60 properties valued at close to $400 million across the… Read more
Large-Scale Rezoning for Long Island City Launches Public Review
The Adams administration has launched the public review process for the OneLIC Neighborhood Plan, a proposal to add nearly 14,700 residential… Read more
Monge Capital Arranges Financing for Bronx’s Hip Hop Museum
Monge Capital Advisors represented The Hip Hop Museum in the closing of a financing transaction to bring to life the… Read more
Sterling Equities Sees Retail Leasing Momentum Across Brooklyn
Sterling Equities said it’s seeing continued leasing momentum across its Brooklyn retail portfolio, reflecting the demand for high-quality retail space… Read more
Mezz Lender Snags 285 Madison via UCC Foreclosure
Ocean West Capital Partners led the UCC foreclosure of 285 Madison Ave., a 511,000 square-foot office property in Midtown Manhattan… Read more
Connect CRE is Looking for More of 2025’s Rising Stars
Response to our call for nominations in Connect CRE’s ninth annual Next Generation Awards to date has been positive. However,… Read more
Moinian Group Signs Three New Tenants at 72 Madison Ave.
The Moinian Group has signed 16,000 square feet of new office leases at 72 Madison Ave. in Midtown South. The leases… Read more
