New York
Library with Apartments in Sunset Park
Developers plan to tear down another public library to build a larger library, with new apartments on the floors above.… Read more
Akoustis Acquires SUNY Assets
Akoustis Technologies Inc. entered into a definitive agreement to acquire assets from the Research Foundation for the State University of… Read more
$150M Refinancing with Full-Term Interest-Only Payments
Jacob’s First LLC obtained $150 million in interest-only refinancing for an office tower at 1 W. 34th St. Wells Fargo… Read more
AvalonBay’s 68-Story Tower Clears Community Board
AvalonBay’s plan to build a 68-story apartment tower in East Harlem cleared another hurdle, when Manhattan Community Board 11 approved… Read more
$51M for NYC Style
New York City plans to spend $51 million to help the garment manufacturing business expand. “I’m committed not just to the… Read more
Another Restaurant on the Lower East Side
Entrepreneurs keep opening restaurants, despite worries about rising rents for space and wages for workers. Beginning August 2017, seafood restaurant… Read more
Top Paint Colors for Manhattan
Wondering what color to paint your property? Paintzen, an on-demand painting service, reveals the top-selling Benjamin Moore paint colors ordered… Read more
246K-SF Queens Warehouse will Remain a Warehouse
Metropolitan Realty Associates LLC (MRA) paid $55 million for a 246,000-square-foot warehouse in the Long Island City neighborhood of Queens… Read more
East Harlem Rising
The East Harlem neighborhood of Manhattan has become a haven for those priced out of other Manhattan neighborhoods. This, in… Read more
Downtown Condo Property is 70% Sold
Six multi-million-dollar condominiums sold at 443 Greenwich, a super-luxury development in Manhattan’s TriBeCa neighborhood, since the beginning of 2017. Prices… Read more
Italian Restaurant Signs Long-Term Midtown East Lease
Italian restaurant La Pecora Bianca signed a long-term lease for 5,021 square feet at 944 Second Ave. in Manhattan’s Midtown… Read more
NYC Retail: Rents High, Vacancies Low
New York City retailers are filling up new space faster than developers can build it. Positive net absorption drove the… Read more
NY Buyers Snag 1,033 Southeast Units for $74M
Besyata Investment Group and the Scharf Group, both based in New York, acquired two southeast multifamily assets for $74 million.… Read more
Land Designated for Affordable Housing
New York City has picked developers to build affordable housing on five parcels of vacant, city-owned land. “Vacant land has… Read more
NYC Cashing In on School Building
New York City is selling a school building at 2045 Linden Blvd., in Brooklyn’s East New York neighborhood. The asking… Read more
Roland Merchant Joins HFF as Senior Managing Director
Roland S. Merchant, Jr. joined HFF’s New York office as a senior managing director, concentrating on investment sales and structured… Read more
LINE FRIENDS Prepares for Times Square Flagship Store
LINE FRIENDS signed a 10-year lease for the 4,629-square-foot storefront at 1515 Broadway in the heart of Times Square —… Read more
Online Vender to Open Permanent Storefront
Meet the successful online retailer that has turned itself into a regular, brick-and-mortar store. LoveThyBeast sells its “pet swag” online,… Read more