New York
Domain Companies Closes on $219M Financing for Mott Haven Mixed-Use
The Domain Companies has closed on $218.6 million in financing for Estela, a two-building mixed-use development that has brought 544 mixed-income apartment units and 10,000 square… Read more
Avison Young Names Marion Jones to Lead Capital Markets Strategy
Avison Young has appointed Marion Jones as principal and executive managing director of U.S. capital markets. Based in New York,… Read more
Midtown Bus Terminal Replacement Scores $1.9B Federal Loan
The Port Authority of New York and New Jersey received federal approval of a $1.9-billion loan through the U.S. Department of Transportation toward… Read more
Life Sciences Consultancy Leases First U.S. Office at Vornado’s PENN 1
Lee & Associates NYC represented global life sciences strategy consultancy LifeSciences Consultants in a new lease at Vornado Realty Trust’s… Read more
Douglaston Launches Construction on Second Phase of Bronx Affordable
Douglaston Development and its general contracting and construction management affiliate, Levine Builders, commenced construction on 2868 Webster Ave. in the Bronx, a 12-story,… Read more
Donaldson Impact Investments Acquires MD Apartments for $63M
Donaldson Impact Investments has partnered with Affordable Homes & Communities (AHC) to acquire Country Place Apartments in Burtonsville, Maryland. The purchase of the 312-unit… Read more
Hochul Proposes Affordable Housing Initiatives in State of State Address
New York Gov. Kathy Hochul on Tuesday outlined several initiatives aimed at improving housing affordability for owners and renters. Presented… Read more
26-Building Prospect Heights Portfolio Sells for Reported $102M
CBRE arranged $98 million in financing for Flatiron Realty’s acquisition of a 26-building portfolio of multifamily properties in the Prospect… Read more
KnitWell Renews, Expands to 246K SF at BXP’s 7 Times Square
BXP said Monday that it signed an approximately 246,000-square-foot long-term lease renewal and expansion with KnitWell Group at 7 Times… Read more
Pershing Square Makes Bid for Howard Hughes Holdings Takeover
(Updated with additional information) Pershing Square Capital Management CEO Bill Ackman on Monday proposed merging Howard Hughes Holdings with a… Read more
Nominate the Year’s Top CRE Sales and Leasing Brokers
Amid a year of uncertainty, the industry’s leading investment sales and leasing brokers got deals across the finish line. Do you… Read more
C-Town Supermarket Inks Lease at Mott Haven Passive House
Igloo arranged a retail lease with C-Town, a full-service supermarket, at 425 Grand Concourse in Mott Haven, a building developed and… Read more
Barker Pacific Founder Michael Barker Passes Away, Age 80
Privately held national real estate firm Barker Pacific Group (BPG) announced the unexpected passing of CEO Michael Barker, who founded… Read more
Tishman Speyer Closes $2.85B Refi for The Spiral
Tishman Speyer said Friday it had refinanced The Spiral, its newly constructed Manhattan office tower, with a $2.85-billion CMBS loan. The five-year,… Read more
Large Office Loans Drive CMBS Delinquencies Higher in December
Fitch Ratings’ overall U.S. CMBS delinquency rate climbed 22 basis points to close 2024 at 2.98%, up from 2.76% in November… Read more
Customs and Border Protection Relocates Offices from JFK Airport
CBRE completed a 139,377-square-foot office lease for the General Services Administration on behalf of Customs and Border Protection (CPB) at… Read more
