New York
$30M for Brooklyn Apartments
Related Companies paid $30 million for four apartment buildings in the Prospect Heights neighborhood of Brooklyn, NY, totaling 48 apartments.… Read more
Citicorp Center Landmarked
The iconic skyscraper formerly known as the Citicorp Center is officially a historic New York City landmark. The complex at… Read more
Retail Rents to Rise by Second Avenue Subway
Owners have already figured the new Second Avenue Subway into the rents they charge for retail spaces between 59th and… Read more
390 Affordable Apartments for Harlem
City officials approved a zoning change to allow hundreds of new affordable apartments to spring up on a rare city-owned… Read more
Financing for Another Moxy
Bank of the Ozarks provided the financing for the latest Moxy Hotel planned for Manhattan. Lightstone, a national real estate… Read more
Soho Loses Grocery
The increasingly pricey Soho neighborhood lost one of its only reasonably-priced grocery stores, when the neighborhood’s MetFoods branch announced its plans… Read more
Transit-Oriented Developments for Westchester
Mixed-use towers will rise near the train stations in Westchester County’s New Rochelle, Yonkers and White Plains, NY. Plans mix… Read more
$9M for Queens Development Site
A developer paid $8.7 million for a development site in Flushing, Queens. Currently the property includes a funeral home and… Read more
Big Zoning Changes in 2017
In neighborhoods across the New York City, Mayor Bill de Blasio plans to make big changes to the rules that… Read more
Spring Meadows of Lansdale Sells to JV
New York-headquartered Care Investment Trust LLC and Greenfield Senior Living combined forces to acquire Spring Meadows of Lansdale, a memory… Read more
CoreLogic: Foreclosures Still Declining
CoreLogic’s most recent foreclosure statistics (November 2016) showed 26,000 completed housing foreclosures nationally. The number represents a 26% decline from… Read more
Marin Office Asset Trades for $46.8M
Less than one week to save on Early Bird pricing for Connect Silicon Valley. Hear from SPUR, City of San… Read more
$102M for Manhattan Value-Add
Mesa West Capital lent $102 million to help investors buy and upgrade a 15-story office building in Manhattan. A partnership… Read more
NYC Apartment Rents Stall
Manhattan still has some of the highest apartment rents in the U.S., but rents are growing much more slowly —… Read more
$660M for American Copper Buildings
JDS Development Group took out $660 million in interest-only, three-year loans for the almost-completed American Copper Buildings at 626 First… Read more
$60 per SF for Downtown Manhattan Medical
Downtown Manhattan’s first medical office building is now 96% occupied. Two government tenants, the Office of Medical Services for the… Read more
Second Avenue Subway too Expensive
New York City could get a lot more subway for the $6 Billion it now plans to spend on the… Read more
$6M for Greenpoint Property
Green Bush Realty sold its mixed-use property at the corner of Manhattan and Nassau Avenues in Brooklyn’s Greenpoint neighborhood for… Read more
International Investors Still Love NYC
New York City is still the best city in the entire world for real estate investment, according to the latest… Read more