New York City
Award-Winning Entertainment Company Relocates to PDC’s RedBuilding
A24, an independent entertainment company, leased the entire 12th floor of the Pacific Design Center’s RedBuilding in West Hollywood. A24 is relocating… Read more
WeWork Tops JPMorgan for NY’s Largest Tenant Title
WeWork is the largest private occupier of office space in Manhattan, having amassed a NY occupancy totaling more than 5.3… Read more
Landsea, DNA Close on Acquisition from Extell
Landsea Homes and DNA Development LLC have closed on a $97-million senior and mezzanine loan for their acquisition and development… Read more
WeWork to Open First San Antonio Space in Kress Building
Co-working company WeWork has a presence in Austin, Dallas-Fort Worth and Houston. Now, the New York City-headquartered business has announced… Read more
Office, Industrial Markets Q&A with Colliers’ David Amsterdam
Creative workspaces are shaping the office environment across the country in new and interesting ways. Connect Media asked Colliers International’s David… Read more
Dollar Volume Rises on Investment Sales Citywide
New York City’s investment sales market showed signs of improvement in 2018’s first six months from a slow second half… Read more
Today’s Skyscraper Boom Can’t Match the Big-Haired ‘80s
By Paul Bubny They’re rising on West 57th Street in Midtown Manhattan, in downtown Seattle and on the Miami waterfront.… Read more
Blackstone Buying NYC’s Parker Towers for $500M
Blackstone Group LP is expanding its multifamily portfolio footprint in New York City. Blackstone Property Partners, the firm’s open-ended vehicle, is… Read more
Allergan USA Will Open First NYC Office at 261 Madison
Global pharma company Allergan USA will open its first New York City office in a full-floor prebuilt at the Sapir… Read more
Broker Confidence Slips in Q2, Says REBNY
The Real Estate Board of New York’s Real Estate Broker Confidence Index for the second quarter of 2018 was 5.53… Read more
MCR Trades Downtown St. Louis Hilton
MCR has sold the 195-key Hilton St. Louis Downtown at the Arch, which it purchased from Xenia Hotels & Resorts… Read more
Cresa Taps Sullivan, Veteran of Tenant and Landlord Sides
Thomas P. Sullivan (pictured) has joined Cresa as a principal of the New York City office. He has specialized in… Read more
NYC REIT Inks 5 Deals at 9 Times Square
Non-listed American Realty Capital New York City REIT Inc. has secured five new leases totaling 33,427 square feet at 200… Read more
BankUnited Hires 25-Year Veteran for New York CRE Lending
BankUnited has hired Benjamin Stacks (pictured) as EVP and manager of commercial real estate lending for the bank’s north region,… Read more
Nonprofit Expands to Full Floor at 14 Wall St.
Nonprofit organization The Posse Foundation has renewed and expanded its headquarters space at 14 Wall Street in a deal arranged… Read more
NYC’s Hotel Forecast: Continued Strength Thru 2019
New York City’s hotel industry continues to show strong fundamentals, according to CBRE, although the firm is forecasting a drop-off… Read more
Ventas Acquires Battery Park Community from Brookdale for $194M
Ventas Inc. has agreed to acquire Brookdale Senior Living’s 217-unit independent living community in Lower Manhattan’s Battery Park City neighborhood.… Read more
Beach Resort in Montauk Trades to Bridgeton Holdings
HFF has arranged the sale of Atlantic Terrace, a 96-room, full-service beach resort located in Montauk, NY, on behalf of… Read more
EmpireCore Tapped to Build 15th NY Kids Club Location
EmpireCore has been selected to build a New York City Early Learning Center for The New York Kids Club at… Read more