New York
Waldorf Astoria in NY to Shut Down in ’17 for Condo Redo
The Waldorf Astoria, New York City’s iconic hotel, is scheduled to close in spring 2017. At that time, owner Anbang… Read more
Long Island City — The Next Fashion Mecca?
Manhattan is the fashion hub, with Brooklyn a viable alternative. But with rising rents in both boroughs, fashion companies are… Read more
Panama Canal $5.4B Expansion: Ready for Business
The nine-year, $5.4-billion Panama Canal expansion project is complete. The expansion is anticipated to increase Eastern U.S. port business by 10%… Read more
$1B+ in Potential CRE Sales, Including Plaza Hotel
By: Daniella Soloway Following a canceled auction of New York’s iconic Plaza Hotel, an anonymous member of the Saudi royal… Read more
Broadbridge LA Secures $164.5M Redev Capital for Broadway Trade Center
Broadbridge LA, LLC, a joint venture of an affiliate of New York-based Waterbridge Capital and New York-based Continental Equities Group,… Read more
ASB Buys Union Square MXU in Manhattan
ASB Real Estate Investments joined forces with L3 Capital to acquire a Union Square, mixed-use building at 862 Broadway in… Read more
JV Plunks Down $122M for AZ Office Portfolio
Phoenix-based Wentworth Property Co. LLC has teamed with Northwood Investors of New York City to acquire a five-building, 638,717-square-foot office… Read more
NY-Based Dome Equities Acquires 8th FL Multifamily
Dome Equities, headquartered in New York City, has bought the 240-unit, Class A, Alta Mira from developer Wood Partners. The… Read more
WeWork Expanding Again in The City?
New York-based WeWork, the co-working space giant, is reportedly in negotiations to open another location in San Francisco, marking its… Read more
Obama Factory Sensor Institute Coming to L.A.
A new federally-funded institute focused on developing efficient sensors for the manufacturing process is set to be based at UCLA in… Read more
American Realty Completes $180M Manhattan Buy
American Realty Capital New York City REIT, Inc. (NYCR) completed its acquisition of 1140 Avenue of the Americas, an institutional-quality… Read more
Duda Joins Hunt Investment Management
New York-based Hunt Investment Management added Tom Duda to a newly created role as Executive Vice President. The senior investment… Read more
Hines Sells Denver-Area Flex/Office Portfolio for $78.5M
Houston-based Hines sold a 10-building flex office portfolio in the Denver metro market to a partnership consisting of New York-based… Read more
Amazon Shopping for New Facility in Houston
Seattle-based Amazon.com Inc. is exploring a new $136-million fulfillment center in Northwest Houston’s Pinto Business Park. The online retail giant… Read more
Kimco Realty Strategically Sells $324M Worth of Canadian Portfolio
West Hyde Park, NY-based Kimco Realty is looking to strategically exit Canada by year’s end, and it has made a… Read more
NY State Law Could Mean Larger Apt. Buildings
Potential changes to a New York state law could loosen zoning in regards to the size of residential buildings in… Read more
What Makes a City Favorable?
There are many things to consider when moving to a new city. To find out what aspects matter most, Abodo… Read more
Mitsui Fudosan Proposes 43-Story DTLA Tower
Connect Los Angeles is tomorrow in DTLA. Here’s how to join us: Plans have been filed with the City of LA for… Read more