New York
Gurney’s in Montauk Refinanced for $235M
BLDG Management Co., Inc. and Metrovest Equities completed a $235-million refinancing for Gurney’s Montauk Resort & Seawater Spa in Montauk,… Read more
Brooklyn Navy Yard Seeks Academic Partner for Applied Research
The Brooklyn Navy Yard Development Corporation (BNYDC) has released a Request for Expressions of Interest (RFEI) from higher-education institutions seeking to lease,… Read more
Soloviev Group Signs Trio of 9 West 57th Tenants at $200+/SF
Soloviev Group has secured three new long-term leases at its flagship property, 9 W. 57th St. The deals total 40,728… Read more
David Werner, Metro Loft Land Financing on Second Midtown Resi Conversion
Northwind Group, a Manhattan-based real estate private equity firm and debt fund manager, originated a $90-million senior first-mortgage loan for the acquisition and pre-development… Read more
CMBS Special Servicing Rate Holds Steady in March; Office Leads at 16.2%
The special servicing rate for CMBS loans remained virtually unchanged in March at 9.9%, Morningstar Credit reported. The special servicing… Read more
Haussmann Launches Leasing at Mixed-Income Crown Heights Apartments
Haussmann Development launched leasing at The Eve, a seven-story, mixed-income residential building located at 827 Sterling Pl. in Crown Heights.… Read more
Arup Relocates NYC Offices to 140 Broadway
Global sustainable development consultant Arup has signed a lease for 99,400 square feet at 140 Broadway, a 51-story office tower… Read more
US Treasuries Shaken by Rising Tariff Fears, Basis Trade Unraveling
The new U.S. tariff regime has upended market expectations and introduced meaningful new variables into the global investment equation. While… Read more
Asana Adds to Tampa Portfolio
Asana Partners has purchased a Carrollwood retail center for $36 million. CPI Limited was the seller. The Tampa Bay Business… Read more
Sotheby’s Institute of Art Renews Midtown Lease with Feil Organization
The Feil Organization secured a 10-year lease renewal with Sotheby’s Institute of Art, which is based at 570 Lexington Ave.… Read more
Law Firm Lowenstein Sandler Increasing DC Office Footprint
New Jersey-based law firm Lowenstein Sandler LLP has signed a lease to more than double the size of the company’s… Read more
NYC Leads U.S. in Office Traffic Recovery
New York City cemented its position as the nationwide leader in office recovery in 2024, Placer.ai says in a new… Read more
Ogletree Deakins Moves NYC Office to Rockefeller Center
Multinational law firm Ogletree Deakins will relocate and expand its current New York office to 18,000 square feet on the 24th floor of… Read more
Midtown Resi Tower Lands Reported $275M Construction Financing
Affinius Capital LLC originated a $215 million-loan alongside a senior loan from Kennedy Wilson to finance the ground-up development of Milano… Read more
Nominate a Rising Star for Connect CRE’s Ninth Annual Next Generation Awards
Connect Commercial Real Estate’s eighth annual Next Generation Awards in 2024 put the spotlight on 110 of commercial real estate’s… Read more
Macerich Adds Tenants, Completes Improvements at Queens Center
Macerich’s Queens Center, located in Elmhurst, Queens, announced eight recent store openings including San Wei, Psycho Bunny, Digiso, Dave’s Hot Chicken, Poke Island, Burlington, Primark and H&M. In addition to these… Read more
Mixed-Income Housing Will Rise on Former Market Site at Essex Crossing
Gov. Kathy Hochul, the Metropolitan Transportation Authority, the New York City Economic Development Corporation and Delancey Street Associates on Friday… Read more