New York
$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
$9B for a New JFK
Governor Andrew Cuomo has laid out a plan to “transform JFK International Airport into a unified, interconnected, world-class airport.” His… Read more
New “Creative” Offices for Gensler
Global design firm Gensler is moving into a creative new space in the Theatre District. Their new offices will be… Read more
Blackstone Acquires 3 Silicon Valley Assets for $291M
Connect Silicon Valley is headed to the Silicon Valley Capital Club on February 1. Explore the agenda and register today.… Read more
Amazon, Forever 21 Bid for American Apparel
American Apparel filed for bankruptcy for a second time this past November. Now, Seattle-based Amazon, Los Angeles-based Forever 21, New… Read more
Westchester Finally Meets Fair Housing Requirements
Westchester County has finally fulfilled a promise to permit the construction of 750 units of government subsidized affordable housing. By… Read more
High Prices in Williamsburg
A modest eight-unit apartment building in the Williamsburg neighborhood of Brooklyn sold for $4.45 million, or roughly half-a-million dollars per… Read more
Second Avenue Subway Opens
The new Second Avenue Subway opened on time, and has already survived its first rush hour commute. “After nearly a… Read more
Top Prices for Lower East Side Condos
Sales of condominiums and co-op apartments in New York City may be slowing down overall, but a few condos in… Read more
NYC gets Tough on 421-A Owners
New York City is are getting tough on owners who haven’t lived up to their promises under the 421-A property… Read more
TRYP Hotel to Open in Newark
A new TRYP Hotel by Wyndham is on track to open in downtown Newark this summer. The new hotel will… Read more
New Population from Hudson Yards
The new buildings planned for Hudson Yards, on the Far West Side of Manhattan, would qualify as a brand-new city… Read more
Mitsubishi Caterpillar to Build 71K SF
Mitsubishi Caterpillar Forklift America Inc. (MCFA) will add to its Houston-area presence by building a 71,000-square-foot, manufacturing facility and distribution… Read more