New York City
Opportunity Zone Funds Come in Different Shapes and Sizes
The Dec. 3 update of Qualified Opportunity Zone funds, compiled by the National Council of State Housing Agencies (NCSHA), lists… Read more
CareMount Medical Expands Downstate to Murray Hill
CareMount Medical PC has expanded its reach from New York City’s northern suburbs to Manhattan itself. The physicians and employees… Read more
Maverick Provides Loan for Pilsen Co-living Project
Following its financing of a commercial development in the West Side’s historic Pilsen neighborhood, Maverick Commercial Mortgage, Inc., has followed… Read more
Price Drops Now Drive NYC Condo Deals
Pricing in New York City’s for-sale housing, including condominiums and co-ops, is off as much as 20% from the summer… Read more
The Billion Dollar Club: 2018’s Most Expensive Healthcare Development Projects
In 2018, 12 hospitals and health systems announced or unveiled facility expansions and renovations with price tags of $1 billion… Read more
NYC Allocates $52M to Improve Public Hospital System
New York City’s public hospital system—NYC Heath + Hospitals/Metropolitan—will benefit from $52 million in capital investment projects. The investment will… Read more
NYCR Signs I Love NY Gifts to Times Sq. Flagship
American Realty Capital New York City REIT has arranged a new 15-year lease with I Love NY Gifts for the… Read more
HPD Establishes Finance Program with Wells Fargo Grant
The New York City Department of Housing Preservation and Development has launched the Neighborhood Pillars Program with a $2 million… Read more
Urban Commons Names Salvatore Takoushian President, CFO
Los Angeles-based Urban Commons appointed Salvatore G. Takoushian President and CFO. The real estate investment banking veteran, who specializes in… Read more
Chase Q&A Series Part 1: An Economic and Demographic Perspective
By Kurt Stuart, Chase Commercial Term Lending I recently had the opportunity to speak with Reis economist Victor Calanog, PhD,… Read more
RPA Sees “State of Crisis” in NYC Public Housing
The de Blasio administration’s newly-issued NYCHA 2.0 plan aims to provide about $24 billion to address badly-needed repairs to the… Read more
Economic Opportunity Zones vs. 1031 Exchanges
By Marc Wieder, Robert Gilman and Jeffrey Bowden, Anchin, Block & Anchin LLP The new Economic Opportunity Zones (EOZ) approved… Read more
Sares Regis Group Builds Bay Area Commercial Division
Sares Regis Group of Northern California (SRGNC) continues to expand its Commercial Division with multiple new hires. Warren Kim, Michelle… Read more
200 Park’s Lobby Will Undergo Major Overhaul
Tishman Speyer plans a major re-imagination of the two-level, 50,000-square-foot lobby and public areas of the MetLife Building at 200… Read more
Using RAD for Rehab in NYC
Hunt Real Estate Capital recently arranged for Fannie Mae financing to support acquisition and rehabilitation of a New York City… Read more
Oppenheimer Subsidiary Relocates to 777 Third
The William Kaufman Organization (WKO)has announced that it has completed two leasing transactions totaling 16,500 square feet at 777 Third… Read more
SoHo Lease is Knotel’s First at an SL Green Property
Knotel has finalized a 17,258-square-foot lease at SL Green Realty Corp’s 110 Greene St., a/k/a The SoHo Building. The deal… Read more
IKEA to Roll Out Smaller-format Store in Midtown
IKEA will introduce its Planning Studio concept to the U.S., with the spring 2019 unveiling of a location at 999… Read more
Goldman Sachs Delivers $210M Financing for Brooklyn MF
New York City-based Lightstone closed $210 million in financing from Goldman Sachs for 365 Bond in Gowanus, Brooklyn. The 430-unit, 12 story… Read more