New York
Aphorio Carter Acquires Trumbull Data Center
Aphorio Carter Critical Infrastructure Fund, LLC, a Carter Funds company, has acquired the Trumbull Data Center in Trumbull, CT for approximately… Read more
TF Cornerstone Scores $205M Financing on LIC Apartments
M&T Realty Capital Corporation provided $204.945,000 million in Fannie Mae financing to TF Cornerstone on 46-10 Center Blvd., a 584-unit… Read more
JV of Leyad, Capstone Acquires Hell’s Kitchen Hotel at $275K Per Key
Leyad, a real estate investment firm based in Canada, has acquired the Ink48 Hotel in Midtown Manhattan’s Hell’s Kitchen neighborhood in… Read more
Mott Haven Development Site Trades to Shorewood
RIPCO Real Estate closed the sale of 350 Grand Concourse, a prime development site located in the Mott Haven neighborhood… Read more
ROUND1 Scores NYC’s Largest Retail Lease of 2024
Newmark Retail said Friday it had secured an 80,300-square-foot lease forrROUND1 Bowling & Arcade at ShopCore Properties’ The Shops at… Read more
Ariel Arranges $34M Acquisition Debt for UES Luxury Rentals
The Capital Services Group for Ariel Property Advisors has arranged a $33.75 million acquisition loan for Renoir House, a 105,282-square-foot,… Read more
Terreno Nabs Red Hook Warehouse for $156M
Terreno Realty Corporation, an acquirer, owner and operator of industrial real estate in six major coastal U.S. markets, has acquired… Read more
Adams Launches Charter Revision Group to Boost Housing Development
Building on his administration’s success in securing City Council approval for the City of Yes rezoning proposal, New York City… Read more
1900-Vintage Multifamily Sells at Under-4.5% Cap Rate
Marcus & Millichap closed the sale of 77 Barrow St., a multifamily property in Manhattan’s West Village, for $6.7 million. Joe… Read more
NYC Police Foundation Relocates to RXR’s 530 Fifth Ave.
The New York City Police Foundation, Inc., a nonprofit that provides resources for the NYPD to build bridges with the community, has… Read more
Lendlease Unveils Branding for Greenpoint Waterfront Residential
Lendlease and joint venture partner Aware Super unveiled the name and new renderings for The Riverie, an 834-unit multifamily development at… Read more
Adaptive Reuse of West Village Garage Lands $120M Construction Loan
(Updated with additional information) Marathon Asset Management’s commercial real estate platform has originated a $120-million construction loan for 125 Perry St.,… Read more
Travelers Renews 10-Year Lease for 123K SF at 485 Lex
The Travelers Insurance Company has executed a 122,788-square-foot renewal at SL Green Realty Corp.’s 485 Lexington Ave. in Midtown Manhattan.… Read more
Red Stone Equity Closes on Its Largest LIHTC Fund to Date
New York City-based Red Stone Equity Partners LLC has closed on Red Stone Equity – Fund 113 Limited Partnership, a $263.2-million multi-investor Low-Income… Read more
Lincoln Market Will Open Ninth Location at Silverstein’s River Place
Lincoln Market recently signed a 20-year lease for a 35,809-square-foot-store at River Place, 660 W 42nd St. The store is among the largest… Read more
Nuveen Provides $115M First Mortgage on Storage Post NY/NJ Portfolio
JLL Capital Markets closed on a $115-million refinancing package for a portfolio of nine Tri-State self-storage facilities owned and operated… Read more
Brookfield Properties Transitions Mid-Atlantic Office Portfolio to Nuclear Power
Brookfield Properties has transitioned its Mid-Atlantic office portfolio to be powered by electricity sourced from regional nuclear power plants. The… Read more
SL Green Signs Alvarez & Marsal for 220K SF at 100 Park Ave., Extends Mortgage
SL Green Realty Corp. said Monday it had secured a new 220,221-square-foot lease with global professional services firm Alvarez &… Read more