New York City
Peloton Cycling to Legacy Central, Inks 28K-SF Deal
Peloton, the indoor cycling company, signed a 27,518-square-foot lease at Legacy Central in Plano, TX. The space will be a… Read more
Land-Constrained NYC Still Ranks High for Vacant Lots
It may be a land-constrained city of three islands and a peninsula, but New York City is surprisingly well situated… Read more
NYC Puts Promotional Push into Blockchain
The de Blasio administration will launch its first initiatives in support of the blockchain industry in the coming months. James… Read more
Brookfield Plans “Testing Ground” for West Village Retail Corridor
When you think of Brookfield and retail, thoughts logically turn to large regional malls. The company has owned Rouse Properties… Read more
Sales of Houses, Condos in Double-Digit Drops Citywide
New York City residential sales, including both one-to-three-bedroom family homes and condominiums/co-ops, have seen three consecutive quarters of year-over-year declines,… Read more
Midtown South Specialist Joins Advisors CRE
Advisors Commercial Real Estate has brought in Howard Rosenblum (pictured) as senior managing director in the New York office. The… Read more
SiriusXM Sets Up Regional HQ, Studios in CIM Hollywood Building
CIM Group signed a long-term 27,000-square-foot lease with SiriusXM at 953 Sycamore in Hollywood. The 67,000-square-foot office building is currently under… Read more
Deal Reached for Sale of Plaza Hotel
A pair of investors have reached a deal to acquire a majority stake in the Plaza Hotel, which the current… Read more
Planning Commission Weighs Limits on New Hotel Builds
New York City’s Planning Commission is considering a proposal to limit hotel development in districts zoned for light manufacturing by… Read more
PIMCO to Austin: You’re It
Pacific Management Investment Co. (PIMCO) tapped Austin for its third office in the United States. The Newport Beach, CA-headquartered fixed-income… Read more
Urban Hospitals Don’t Make the Grade for Safety, Says New Report
Most urban hospitals fall down on the job when it comes to patient safety measures, according to the latest Hospital… Read more
Reid Longley Joins Colliers Team from JLL
Reid Longley (pictured) has joined Colliers International as executive managing director, based in the firm’s New York City office. He’ll… Read more
Margaritaville Resorts to Establish NYC Beachhead
New York City’s first Margaritaville Resort is slated for the heart of Times Square, according to Orlando-based Margaritaville Holdings. The… Read more
NYCR Lines Up $50M in Debt from Societe Generale
American Realty Capital New York City REIT (NYCR) has secured a $50-million loan from Société Générale. The 10-year, fixed-rate debt… Read more
NAI Global Extends Midwest Footprint, Adding Pfefferle Brokerage
NAI Global has acquired the brokerage business of Appleton Bay, WI-based Pfefferle Companies. Now known as NAI Pfefferle, the firm’s… Read more
Robo-Signers and Neighboring Properties: Navigating Mortgage Law Today
Over his four decades in the title industry, Mike Berey, senior underwriting counsel with First American Title Insurance Company and… Read more
A City of Evolution and Reinvention: CRE Experts Chart the Opportunities
In the early days of Daren Hornig’s brokerage career two decades ago, when it came to development opportunities “it was… Read more
NYC Hits New High on Employment Metrics
Private sector employment spiked in February, according to the New York City Economic Development Corporation, with the 21,100 jobs added… Read more
Genesis HealthCare Exiting Texas, Selling $181M Portfolio
Genesis HealthCare, a Pennsylvania-headquartered post-acute care provider, entered into a definitive agreement to sell 23 skilled nursing facilities in Texas… Read more