New York City
Howard Hughes Taps SOM as Master Planner for Seaport District
The Howard Hughes Corporation (HHC) has selected Skidmore, Owings & Merrill LLP (SOM) to lead the master-planning process for its Seaport… Read more
Chicago’s an Epicenter of Co-Living Trend
Cushman & Wakefield’s hometown of Chicago is among the epicenters of the co-living trend, as demonstrated by the fact that… Read more
Loeb & Loeb Adds Strauss as RE Partner
Peter A. Strauss has joined Loeb & Loeb LLP’s real estate practice as a partner. He advises both domestic and international clients… Read more
NYC Apartment Rents Notch a Three-Year High
Although it trails well behind top-ranked San Francisco, New York City posted the steepest one-month growth for one-bedroom apartment rents… Read more
RCA Looks to Ramp Up Platform with SGE Backing
CRE data firm Real Capital Analytics sees the $115-million investment from Susquehanna Growth Equity as a launching pad to ramp… Read more
Jamaica MXU Secures Construction Loan
Meridian Capital Group has arranged $15.7 million in construction financing for a mixed-use property in Queens’ Jamaica neighborhood. The development,… Read more
Pendo to Relocate Corporate Headquarters to Downtown Raleigh in 2022
Software company Pendo has announced plans to occupy five floors and 125,000 square feet of a new 19-story tower in… Read more
DiNapoli: NYC Tax Collections Exceed Expectations
New York City is projecting a surplus of $3.5 billion in fiscal year 2019, which it plans to use to… Read more
Lago Calls on Industry to Counter Anti-Development Bias
Noting that “anti-development sentiment” in New York City is the highest she can remember in a public service career spanning… Read more
NYC-Based Interior Design Firm Tapped for Atlanta Sr. Living Assignment
Dallas-based healthcare real estate developer Caddis hired dash design, a New York City-based interior design and branding agency, to create… Read more
REBNY: Broker Confidence Rises in Q1
Residential and commercial brokers alike are feeling more upbeat about the market, according to the Real Estate Board of New… Read more
Eyewear Maker Expands Again at Industry City
Eyewear manufacturer M Factory is expanding its production facility at Industry City in Sunset Park, signing a lease for more than 20,000 square… Read more
Amazon in Talks for New York Expansion
Three months after pulling the plug on plans for a major headquarters presence in Long Island City, Amazon reportedly plans… Read more
NYC’s First Fisher Houses Open Near Bronx VA Hospital
New York City’s first Fisher House homes were dedicated recently by Fisher House Foundation chairman Ken Fisher, Veterans Affairs (VA)… Read more
Online Apparel Brand Comes to Armitage Shopping Corridor
Intimate apparel and lifestyle brand Lively has opened its first Chicago location and second brick-and-mortar store at 823 W. Armitage… Read more
C-PACE Securitizations and Their Implications for CRE Industry
By Dennis Kaiser Sausalito, CA-based CleanFund, a national commercial property-assessed clean energy (C-PACE) origination platform, recently was awarded GlobalCapital’s 2019… Read more
LI Unemployment Hits Two-Decade Low
Long Island’s unemployment rate hit a 20-year low in April, according to figures from the State Department of Labor. The… Read more
Comptroller: NYC’s Economy Holds Strong But CRE Softens
New York City’s economy grew 3.0% in the first quarter of 2019, after growth of 3.5% in Q4 2018, according… Read more
NYC Set for 5M SF of New Retail This Year
For evidence that retail development is alive and well, at least in key markets, look to New York City. Marcus… Read more