New York
600K SF Available at Seneca One Tower
CBRE’s Buffalo, NY office announced it is leasing 600,000 square feet of office space at Seneca One Tower. The 40-story,… Read more
High Price for Bushwick Development Site
Investors paid Li & Associates Development $273 per buildable square foot ,or $4.5 million, for a development site in the Bushwick… Read more
Bridge Loan Finances Industrial Acquisition
A real estate investor found $7.5 million in bridge financing for the purchase of an industrial property in the South… Read more
REBNY’s John Banks: Midtown Rezoning Not Enough
The plan to change the zoning map for the Greater East Midtown neighborhood might not do enough to encourage new… Read more
JobDiva Expands in the Financial District
Recruiting software developer JobDiva signed a lease expansion, bringing the company to a total of 21,000 square feet at 44… Read more
101-Unit Seniors Housing Rising on Long Island
In June 2018, Benchmark Senior Living will open Whisper Woods, a new assisted living community for seniors in Smithtown, NY,… Read more
More East River Ferry Riders in 2016
New Yorkers rode the East River Ferry system for 1.6 million trips in 2016, up 8% from the year before.… Read more
Getting the Lead Out at $10K Per Unit
If you own an apartment building in Brooklyn, Queens or the Bronx that was built before 1960, New York City… Read more
Almost Done: Essex Crossing’s 104 Units
After more than four decades, the first apartments will open September 2017 at Essex Crossing, a 1.9-million-square-foot development. The project… Read more
X Marks the Spot: Map Shows Great Transit Neighborhoods
Why are home prices rising so quickly in neighborhoods like Downtown Brooklyn, Long Island City, the South Bronx and Sunset… Read more
Westcliff Center Sells for $15M
Consolidated-Tomoka Land Co. acquired the 136,000-square-foot Westcliff Center in southwest Fort Worth. The Daytona Beach, FL-based buyer paid New York… Read more
199 Water St. Reaches 100% Occupancy
The percentage of vacant office space is set to increase this year in Lower Manhattan as even more new towers… Read more
Trump’s Budget Cuts vs. NYC Housing
In his address to Congress on Tuesday, Feb. 28, 2017, President Donald Trump promised deep cuts to “most federal agencies”… Read more
New Home for Boutique Vodka
Small companies need office space, too. AnestasiA Vodka will move its headquarters from Soho to a new, 1,000-square-foot space on… Read more
Brooklyn Apartments sell for $25M
Treetop Development paid $25 million for two apartment buildings located where the Crown Heights and Lefferts Gardens neighborhoods meet in… Read more
Connect Dallas: Chatting About Cranes and Corporations
By Amy Wolff Sorter A story that keeps making the rounds of the business media is the “Dallas miracle,” the… Read more
Dollar General to Build $91M Distribution Center
Dollar General is planning a $91 million, 750,000-square-foot distribution center in Florida, Orange County, NY. The discount retailer acquired 103… Read more
All-Cash Deal Secures Bronx Portfolio Buy
Gary Kassirer of Emerald Equity Group paid $10.1 million — all in cash — for a portfolio of five buildings… Read more