New York
RFR Completes $1.2B CMBS Refi of Seagram Building
In one of the largest successful recapitalizations of the year, RFR has finalized a $1.2-billion securitization to help refinance debt… Read more
AVR Spins Off Two Atlanta Hotels
AVR Realty and investor partner Dimension Hospitality unloaded two Marriott-branded hotels near Truist Park for $66 million. The sale includes… Read more
600 Lexington Signs Three New Tenants, Renews a Fourth
Cushman & Wakefield arranged three new long-term leases and one lease renewal totaling 31,274 square feet at 600 Lexington Ave., a 300,000-square-foot office… Read more
JV Secures $52M Financing for Far Rockaway Affordable
A joint venture of Brisa Builders Development LLC and PMG Affordable secured $51.7 million in financing for 19-19 Cornaga Ave., a nine-story, 92-unit… Read more
Former Berkeley College Properties in White Plains Will Yield Condos
RM Friedland (RMF) arranged the sale of 99 Church St. and the adjacent 6 Cottage Pl. on behalf of Berkeley… Read more
Midtown Manhattan Office Duo Trades at Steep Discount in Short Sale
A pair of century-old Midtown Manhattan office buildings are trading at a steep discount as lenders look to cut their… Read more
Newmark More Than Triples Footprint at 125 Park Ave.
Newmark signed a 15-year, 144,418-square-foot renewal and expansion lease at SL Green Realty Corp.’s 125 Park Ave in Midtown Manhattan.,… Read more
Ariel Closes $18M Sale of Gowanus Development Site
Ariel Property Advisors arranged the sale of a 59,995-buildable-square-foot development site, including 6,000 square feet of air rights, at 224 3rd Ave. in the Gowanus… Read more
Rockpoint, Brooksville Secure $275M Refi on Wall Street Multifamily
Newmark arranged a $275-million loan to refinance 63-67 Wall St., a two-tower multifamily asset located in Lower Manhattan’s Financial District. Co-president of Global Debt… Read more
Silverstein Properties Unveils Frank Gehry Sculpture at 3 World Trade Center
Silverstein Properties unveiled a specially commissioned new sculpture by acclaimed architect and artist Frank Gehry in the lobby of 3… Read more
NY State Issues RFP for Hell’s Kitchen Parcel Near Intrepid Museum
New York Gov. Kathy Hochul on Friday announced a Request for Proposals for the redevelopment of 621 W. 45th St.,… Read more
Manhattan Trophy Towers Spur Resurgence in Office CMBS
Investors are coming back to buying office CMBS after about two years on the sidelines, committing billions to deals that… Read more
KPG Markets Newly Completed Boutique Offices for Sale
KPG Funds, the New York-based owner and developer of boutique Class-A office buildings, held the grand opening of its newly completed Le… Read more
Greystone Provides $90M Loan on Yonkers Affordable
Greystone, a leading national commercial real estate finance company, has provided a $90-million Fannie Mae Delegated Underwriting & Servicing (DUS)… Read more
First Resi Project of Gowanus Rezoning Begins Move-Ins
Residential move-ins have begun at 420 Carroll, reportedly the first mixed-income development to emerge from the 2021 Gowanus Neighborhood Rezoning. The two-building… Read more
NYC Leads in Multifamily Conduit CMBS Distress
As New York City led in 2024 CMBS conduit issuance for multifamily properties, so it is also leading an increase… Read more
