New York
MMCC Arranges $90M for Two MN Multifamily Projects
Marcus & Millichap Capital Corporation has arranged $89.6 million in financing for the construction of Bennett Apartments and Harlow Apartments,… Read more
Northwind Provides $135M Acquisition Loan on Former Pfizer Headquarters
Northwind Group, a Manhattan-based real estate private equity firm and debt fund manager, provided a $135-million first mortgage acquisition loan secured by the… Read more
City Issues RFP for Gansevoort Square Redevelopment
The New York City Economic Development Corporation has issued a Request for Proposals to reimagine Gansevoort Square, located on Little… Read more
Walker & Dunlop Expands Affordable Housing Team
Walker & Dunlop announced that Matthew Wiener has joined its affordable housing team as senior managing director. Wiener will be… Read more
Hedge Fund Expands to Stamford Offices
Newmark secured a 10,464-square-foot office lease at 2187 Atlantic St. in Stamford, CT. Balysany Asset Management, Dmitry Balysany’s hedge fund, will occupy… Read more
Blackstone in Talks to Buy Stake in Manhattan Office Tower
Blackstone is in discussions to buy a sizeable stake in 1345 Ave. of the Americas from Fisher Brothers and institutional… Read more
Retail, Office See Large Increases in CMBS Delinquencies
Four commercial property sectors saw monthly fluctuations in their CMBS delinquency rates of 40 basis points or more in December… Read more
Leasing Commences at 1,320-Unit Office-to-Residential Conversion
GFP Real Estate, Metro Loft and Rockwood Capital have launched leasing for SoMA, a luxury rental tower that’s reportedly the nation… Read more
Venerable Garment Center Brand Renews 1407 Broadway Space
Cresa managing principal Peter Sabesan and SVP Matthew Feigen have arranged a 10-year lease renewal for S. Rothschild at 1407 Broadway. The… Read more
Grocery-Anchored Retail Trades with Upside Potential
Marcus & Millichap closed the sale of The Shops at Ledgebrook, a 105,499-square-foot grocery-anchored shopping center in Winsted, CT. The property… Read more
NYC Leads U.S. in Ongoing Office Demand Recovery
New York City has emerged as the leader in the ongoing office demand recovery, surpassing its pre-pandemic benchmark in the… Read more
Spectrum Reach Makes Headquarters Move to Rudin’s 3 Times Square
Spectrum Reach, the advertising sales business of Charter Communications, will relocate its headquarters to 3 Times Square, Rudin’s 30-story, 925,000-square foot… Read more
Merchants Capital Provides $129M to NYCHA Projects in East Bronx
Merchants Capital provided $129.1 million in financing for the New York City Housing Authority (NYCHA) $419.6-million renovation of Boston Road Plaza, Boston… Read more
Fifth Avenue Apartments Come to Market for Possible $1B Payday
Spitzer Enterprises, the real estate firm run by former New York Gov. Eliot Spitzer, and its partner are marketing 800… Read more
Avison Young Completes Trio of Leases for APF
Avison Young has arranged three new Midtown Manhattan office leases on behalf of landlord APF Properties, two at 1156 Ave.… Read more
Stellar Completes Mixed-Use Office Building, Signs IWG as Anchor
Stellar Management has completed Astoria Pointe, a nine-story, Class A, 53,748 square foot, mixed-use office building located at 35-01 36th… Read more
Soloviev Venture Acquires West 57th Development Site
Soloviev Group has been identified as the company behind a limited liability company that purchased 24 W. 57th St. for… Read more
Teladoc Health Relocates Headquarters from Westchester to Marx Realty Tower
Marx Realty announced telemedicine giant Teladoc Health has expanded and extended its lease at 10 Grand Central. The firm will more than double its… Read more