New York City
Kazmierski Elevated to Head of Kaufman Investments
The Kaufman Organization has promoted Michael Kazmierski to president of Kaufman Investments. The youngest principal in Kaufman’s 108-year history, the 35-year-old… Read more
State Comptroller: Design Errors Clog MTA’s Project Pipeline
An audit of six recent Metropolitan Transportation Authority (MTA) New York City Transit capital projects totaling $817.5 million found errors… Read more
Bubble Tea Chain Finds Greenwich Village Outpost
Lee & Associates NYC’s Mark Kapnick has negotiated a ground-floor, 10-year lease at 168 Bleecker St., between Sullivan and Thompson streets,… Read more
Phase Two Opens at Empire State Building’s Revamped Observatory
The second phase of the reimagined Observatory Experience at the Empire State Building (ESB) is scheduled to open to the… Read more
Impending Mansion Tax Pushes Manhattan Townhome Sales, Pricing
With a higher New York City mansion tax taking effect July 1, buyers and sellers rushed to close deals on… Read more
Asden Properties Acquires Atlanta MF Portfolio for $34M
New York City-based Asden Properties has acquired a two-property multifamily portfolio in metro Atlanta for $33.5 million. The properties include… Read more
Powerhouse Women in Law Panel Shares Secrets of Success
Cushman & Wakefield recently held its first West Coast Women in Law Leadership Event in San Francisco at the top… Read more
NYC REIT Pays $89M for Retail and Commercial Condos
New York City REIT Inc. (NYCR) completed the acquisition of the fee-simple interest in two retail condominiums and one commercial… Read more
Wind Farm Builder May Lease 65-Acre Brooklyn Terminal
Norwegian energy giant Equinor is considering a lease of the disused, 65-acre South Brooklyn Marine Terminal in Sunset Park, Crain’s… Read more
Pantzer Grows Philly Holdings with Toll Brothers Project
Pantzer Properties has acquired Toll Brothers’ recently developed Riverworks apartment complex in Phoenixville, PA for $77.8 million, the Philadelphia Business… Read more
Blackstone, RXR Divest Princeton Offices
University Square, a five-story, trophy office building totaling nearly 330,000 square feet in Princeton, NJ, and the adjacent 115 Campus Dr.,… Read more
Safe Lots for Homeless: A Solution or More Fuel to Growing Problem?
By Cole Feldman San Francisco intends to designate a parking lot near the Balboa Park public transportation depot as ‘safe’… Read more
CRE Industry Pushes for Updates to 1948 Law Regulating NYC Drone Use
By Paul Bubny Flying a drone is effectively prohibited in New York City, notwithstanding a 2016 rule from the Federal… Read more
Skanska Updates Vision for 30-Story Belltown MF Tower
New York City-based Skanska revealed new designs for a 30-story multifamily tower with ground-floor retail it plans to develop in… Read more
NYC Landlords Bring Federal Suit Over Rent-Control Law
New York City landlord groups have filed suit in federal court over the state’s expanded rent-control laws, arguing that the… Read more
Seattle, Bay Area Remain Two Hottest Markets for Tech Talent
There is still time to join us tomorrow for Connect Bay Area at the Grand Hyatt San Francisco. Get more… Read more
NYC Office Reaps Benefits of Job-Growth Velocity
The New York City economy continues to outpace both the state and nation in terms of private-sector job growth—by a… Read more
Life House Hotels Forges $100M Partnership with Blue Flag
New York City-based hotel management firm Life House has secured $100 million from Blue Flag Partners to fund its continued expansion through… Read more
Overseas Buyers Gravitate to U.S. Net Lease
Foreign investment in U.S. net lease has grown by leaps and bounds in the past few years, with 2018 seeing… Read more