New York
Family Office Collective Teams with Delshah, A.M. Properties on Midtown Office Condo
(Updated with additional information) REALM, in partnership with Delshah Capital and A.M. Properties, has acquired CitySpire, a 377,000-square-foot office condominium comprising 24 floors within… Read more
Mott Haven Affordable Project is First to Complete NYC’s New Expedited Land Use Review
The New York City Council approved the City’s first Expedited Land Use Review Procedure (ELURP) application for 351 Powers Ave., a plot… Read more
REBNY: Real Estate is NYC’s Largest Revenue Source
Real estate-related taxes (RERT) collected in fiscal year 2025 across New York City totaled $39.6 billion, accounting for 49.4% of… Read more
Cain, Alchemy-ABR Secure $321M Refi for Newly Delivered Plaza District Offices
Cain and Alchemy-ABR Investment Partners have secured a $321-million refinancing for 125 W. 57th St., a newly delivered Class A office tower… Read more
JV of Halmar, Skanska Named Master Developer for NY Penn Station Overhaul
U.S. Department of Transportation Secretary Sean P. Duffy and Amtrak have selected Penn Transformation Partners, a joint venture of Halmar… Read more
Equity Residential, AvalonBay to Merge for $52B Apartment REIT
Apartment REITs Equity Residential and AvalonBay Communities, Inc. on Thursday announced a definitive agreement to combine in an all-stock merger… Read more
Law Firm Jones Jones Relocates within Financial District
Lee & Associates NYC completed a new office lease for Jones Jones LLC at 44 Wall St. in Manhattan’s Financial District. The law firm signed… Read more
Safehold Closes on Ground Leases for Affordable in Santa Clarita, Santa Cruz
Ground lease REIT Safehold Inc. has closed on ground leases for the development of two affordable housing communities, Banana Belt… Read more
PGIM Joint Venture Acquires Riverdale Housing from Columbia University
PGIM, the $1.4-trillion global investment management business of Prudential Financial, Inc., said Wednesday that the PGIM Real Estate Fund, Inc. has completed… Read more
Cadillac Dealership on Former Lincoln Yards Site Breaks Ground
Joseph Nicholas Construction (JNC), in partnership with Jack Carter Auto Group, has broken ground on Carter Cadillac of Chicago, a… Read more
Willets Point Development Welcomes First Residents
Queens Development Group (QDG), a joint venture between Related Companies and Sterling Equities, in partnership with city housing and economic… Read more
Omnichannel Retailer Cozey Will Open First U.S. Store in Flatiron District
JLL and Retail By MONA arranged a retail lease for furniture brand Cozey to open its first permanent U.S. store… Read more
Ally Bridge Relocates U.S. Headquarters to Rudin’s 560 Lexington
Rudin said Tuesday it secured a new office lease with Ally Bridge Group at 560 Lexington, its 22-story, 380,000-square-foot office tower… Read more
Talonvest Secures Refi for Five-Property Self-Storage Portfolio
Talonvest Capital, Inc. arranged a $40.2-million refinance loan for a five-property self-storage portfolio on behalf of longstanding client William Warren Group,… Read more
Fire Protection Manufacturer Signs Long-Term Rockland County Lease
Lincoln Equities Group (LEG) signed a 44,000-square-foot, long-term lease at Lincoln Logistics Rockland with Reliable Sprinkler, a national manufacturer and distributor of… Read more
Developers Secure $98M Financing for Conversion of Harlem Correctional Facility
LDG Group LLC, Infinite Horizons, L+M Development Partners and Urbane Development Group have closed on $97.8 million in financing to… Read more
Coffee Chains’ Strategies Can Drive Success Across Food and Beverage Concepts
Amid higher prices and curtailed discretionary spending, coffee remains one of the pillars of the U.S. food and beverage industry.… Read more