New York
Times Square Office/Retail Duo Sells to Partnership
Cushman & Wakefield arranged the sale of two Midtown Manhattan office and retail buildings totaling 144,251 square feet, 303 W.… Read more
Office Conversions Finally Gain Momentum
With the cost of acquiring an office building to convert to residential use often too high to make the economics… Read more
SL Green to Acquire Former Pepsi Headquarters for $130M
SL Green Realty Corp. has entered into a contract to purchase the office condominium of 500 Park Ave. from Morgan… Read more
Walker & Dunlop Arranges $148M Refi for Steiner at Brooklyn Navy Yard
Walker & Dunlop, Inc. arranged $148.5 million in loan proceeds to refinance Admirals Row, a 696,000-square-foot, eight-acre mixed-use property developed by Steiner… Read more
Ropes & Gray to Relocate to 430K SF with RXR
In one of Manhattan’s largest office leases this year, law firm Ropes & Gray will relocate to approximately 430,000 square… Read more
Blackstone Scoops Up SoHo Retail for $200M
Blackstone will pay $200 million for a quartet of retail properties in SoHo, according to published reports. The seller is… Read more
Republic of Brazil Signs Renewal, Expansion at News Building
SL Green Realty Corp. arranged a renewal and expansion lease with the Federative Republic of Brazil at the News Building… Read more
Ariel Arranges Multiple Construction and Refinancing Loans
The Capital Services Group for Ariel Property Advisors recently arranged construction, refinancing and acquisition loans totaling over $17 million for… Read more
San Francisco Tops Manhattan for Office Rents
San Francisco is now the most expensive office market in the nation, surpassing Manhattan for the first time in years, Commercial Edge reported. Asking… Read more
JLL Tapped to Lease Manhattan West Offices
JLL been retained as the exclusive leasing agent for the office component of Brookfield Properties’ seven-million-square-foot mixed-use development at Manhattan… Read more
Berkadia, NYU | Stern Partner on Multifamily Investment Case Competition
Berkadia and NYU | Stern partnered recently to create a new opportunity for students at top business schools across the… Read more
AmTrust Snags Midtown East Office Tower for $66M
AmTrust RE completed the $65.5-million acquisition of 360 Lexington Ave., a 268,000-square-foot office building located in the Midtown East neighborhood of Manhattan. Constructed… Read more
SL Green Sells 11% Stake in One Vanderbilt; Deal Values Tower at $4.7B
SL Green Realty Corp. closed on the sale of an 11% interest in One Vanderbilt Ave. to Japan-based Mori Building… Read more
NMHC Applauds Creation of Bipartisan Congressional YIMBY Caucus
A bipartisan group of lawmakers in the U.S. House of Representatives has launched the Congressional Yes In My Back Yard… Read more
Rubenstein Law Relocates Brooklyn Office to 1 Willoughby Square
JEMB Realty has signed a long-term, 5,000-square-foot lease with Miami-based personal injury firm Rubenstein Law at 1 Willoughby Square (1WSQ). The… Read more
O’Connor Partnership Launches Sustainable Watertown Residential
O’Connor Group of New York has launched Elysian Watertown Square Residential Property Owner, LLC, a joint venture of O’Connor Group, FrontRange Capital Partners and Takenaka… Read more
New PLAs Cover More Than $1B of NYC Infrastructure Projects
New York City Mayor Eric Adams on Thursday announced two Project Labor Agreements (PLAs) with the Building & Construction Trades… Read more
