New York
City Launches Public Review for 230-Block Rezoning in Queens’ Jamaica Neighborhood
The Adams administration has launched the public review process for the Jamaica Neighborhood Plan, which would update zoning to spur the… Read more
Cushman & Wakefield Brings NoHo Commercial Property to Market
Cushman & Wakefield has been exclusively retained to market 26 Bleecker St. for sale. A commercial property located in the NoHo neighborhood… Read more
Partnership Acquires Gowanus Apartments for $69M
JLL Capital Markets arranged the $68.5-million sale and $44.525-million financing for 237 11th St., a 12-story Class A mixed-use multifamily… Read more
New Baseball-Centric Entertainment Concept to Debut in Katy
Taroko Sports will open the first of a number of planned American entertainment concepts in Katy, TX (24539 Katy Fwy).… Read more
Return to Lender: Week of March 20, 2025
CLARIFICATION: As reported by Connect CRE on March 13, Morningstar Credit initially cited “monetary term default” as the cause behind… Read more
Alchemy Acquires East Village Mixed-Use, Home of Bradley Cooper-Owned Eatery
Alchemy Ventures, an affiliate of Alchemy Properties Inc., has acquired 151 Ave. A, a 9,634-square-foot mixed-use property situated in the… Read more
Haussmann Secures $50M Refi on Newly Built BK Multifamily
Haussmann Development has secured a $49.5-million refinancing loan for the Arris Grand, a mixed-use development located at 445 Grand Ave.… Read more
North River Originates Construction Loan on Valley Stream Apartments
North River Partners and funds managed by AB CarVal closed on a $20-million construction loan secured by The Wellington, a… Read more
H.W. Kaufman Group Relocates NYC Offices to Silverstein Tower in Midtown
Global specialty insurance organization H.W. Kaufman Group will relocate its New York City office to 1177 Ave. of the Americas,… Read more
Law Firm Kellner Herlihy Renews at Midtown South Offices
Williams Equities has renewed law firm Kellner Herlihy Getty & Friedman, LLP for 10,427 square feet on the seventh floor of the North Tower… Read more
Culver City Industrial Secures Bridge Financing
IPA Capital Markets, a division of Marcus & Millichap, arranged the $26.5-million financing of a 76,755-square-foot, Class-A industrial building located… Read more
Santander Renews U.S. Headquarters Lease at 437 Madison
Sage, a privately held commercial real estate services firm that leases and manages more than 2.5 million square feet of Class… Read more
Brookfield Trades Manhattan Offices at $105M Loss
A fund affiliated with Brookfield Properties sold its office building at 333 W. 34th St. for $150 million, representing a $105-million haircut,… Read more
How Banks Are Benefiting from the Rise in Private Real Estate Credit
By Clayton Ross, Director, JLL NY Capital Markets Commercial real estate capital markets activity was on the rise during 2024,… Read more
Horizon Media Extends 360K-SF Lease at 75 Varick
Hudson Square Properties, a joint venture of Trinity Church NYC, Norges Bank Investment Management and Hines, said Monday that Horizon… Read more
Brandon Polakoff Elevated to Head of NYC Investment Sales at Avison Young
Avison Young has appointed Brandon Polakoff as head of investment sales for the firm’s New York City market. He will… Read more
Upstate NY Film Production Studio Goes on Auction Block
Paramount Realty USA, in collaboration with listing agents Atelier and Open Impact Real Estate, announced that “The Lumberyard,” a 20,208-square-foot… Read more
Blackstone Partnership Seeks Sale of NYC Commercial Property Debt
A joint venture including Blackstone seeks to sell about $395 million of commercial-property loans in the New York area, offloading… Read more