New York
Town Fair Tire Portfolio Trades for $89M
Marcus & Millichap, in association with Northeast Retail, closed the sale of 31 net lease properties anchored by Town Fair Tire on behalf… Read more
Two Park Avenue Office Towers Change Hands in End-of-2024 Deals
Two Park Avenue office properties changed hands just before the end-of-year holidays. Munich Re acquired full ownership of 320 Park… Read more
GFP Brings 40 Worth Street to 100% Occupancy
GFP Real Estate, LLC has signed four new office leases totaling 15,400 square feet at 40 Worth St. in TriBeCa. The new… Read more
Alloy Secures $290M Permanent Financing for NYC’s First All-Electric Skyscraper
Alloy Development has secured $290 million in permanent financing for 505 State St., reportedly New York City’s first all-electric skyscraper,… Read more
Colliers Facilitates Sale of 245K-SF Distribution Portfolio
Colliers has closed the sale of a two-building distribution portfolio totaling 245,000 square feet in the Southwest submarket of Indianapolis,… Read more
Tishman Speyer Sets January Start for Affordable Project in Kingsbridge
Tishman Speyer’s TS Communities, the firm’s affordable housing development platform, said Friday it has secured financing and will begin construction… Read more
Red Antler Relocates Headquarters from Brooklyn to Hudson Square
Hudson Square Properties (HSP), a joint venture of Trinity Church, Norges Bank Investment Management, and Hines, announced that Red Antler will relocate its… Read more
Development Consortium Selected for MXU on Site K at Javits Center
New York Gov. Kathy Hochul on Thursday announced the selection of the Hudson Boulevard Collective — a partnership of BRP… Read more
Office Foot Traffic Stumbles in November
Despite an increasing number of employees returning to the office, metrics continue to be roller-coaster rides. Placer.ai’s November 2024 Office… Read more
Affinius Provides $132M Financing for Brooklyn Luxury Development
Affinius Capital LLC originated a $132-million loan to Goose Property Management to finance the ground-up development of 358 Livingston St.,… Read more
Marcus & Millichap Seals Deal for Midtown West Offices
Marcus & Millichap arranged the $16,150,000 sale of 254-258 W. 35th St., a 16-story traditional office building in Midtown Manhattan.… Read more
Berkadia Arranges $71M-Plus for 664-Unit Affordable Complex
Berkadia secured financing for Frederick Samuel Apartments, a 664-unit, midrise affordable housing property located in Harlem. Managing directors Heather Olson and… Read more
Eastern Union Arranges Refi on Flatbush Mixed-Use
Commercial mortgage brokerage Eastern Union arranged the $24-million refinancing of a construction loan in support of a 57-unit, mixed-use building in Brooklyn’s Flatbush neighborhood.… Read more
Deutsche Bank Acquires Office, Retail Space at Essex Crossing
Taconic Investment Partners has sold the retail and office space at 180 Broome St. and 202 Broome St., part of… Read more
ATCO Completes Two New Leases, One Expansion at 381 Park South
ATCO Properties & Management completed three leasing transactions totaling 6,087 square feet at 381 Park Ave. South, its office tower in Manhattan’s Midtown South… Read more
Menswear Brand Boggi Milano Secures Plaza District Space
Newmark Retail secured a new 8,810-square-foot lease with Boggi Milano at the base of 527 Madison Ave., a class A boutique office tower… Read more
Nearly 1 in 3 NYC Office Buildings Offer Strong Conversion Potential
New York City is home to 85 million square feet of office space, concentrated mainly in Manhattan, with strong potential… Read more
Burlington Coat Factory Expands in Relocation to 620 Ave. of the Americas
RXR and Hudson Bay Capital secured the tenancy of Burlington Coat Factory at 620 Ave. of the Americas in the… Read more