New York City
The Old CRE Terms: They Ain’t What They Used to Be
The terms “gateway markets” and “core property types” are timeless commercial real estate categories. Gateway markets define major metropolises (think… Read more
REBNY: NYC Housing Production Remains Low
Despite a slight increase in foundation application filings to 34 projects, containing 903 proposed dwelling units, the numbers remain significantly… Read more
BHI Raises Capital Line to $150M for Yellowstone
BHI, a full-service commercial bank, has raised its capital call line facility from $90 million to $150 million to support… Read more
NYC Launches Workforce Housing Fund
Mayor Eric Adams, along with the Building and Construction Trades Council of Greater New York and Vicinity (BCTC) President Gary… Read more
NYCFC Unveils ‘The Cube’, 25K-Seat Willets Point Stadium
New York City FC has revealed additional details about its forthcoming 25,000-seat stadium in Willets Point, New York Business Journal reported. The… Read more
DCP Sends NYC Commercial Zoning Tweaks to City Council
The City Planning Commission has endorsed the Adams administration’s commercial zoning reforms, named the City of Yes for Economic Opportunity,… Read more
Report: HSTPA Has Disastrous Effects on NYC
A new survey commissioned by the Real Estate Board of New York (REBNY) and the Rent Stabilization Association of NYC… Read more
Savanna Launches CRE Restructuring Platform
Savanna, a New York City-based, vertically-integrated real estate investment manager, owner/operator and developer, has launched Savanna Advisory Services (SAS). The… Read more
NYCEDC Seeks Anchor Tenant for Life Sciences Center at SPARC Kips Bay
The New York City Economic Development Corporation (NYCEDC) has announced a request for expressions of interest (RFEI) for a world-class… Read more
David Victor Joins Syska as Innovations Manager
Syska Innovations, a subsidiary of Syska Hennessy Group, has appointed David Victor as innovations manager. Based in New York City,… Read more
San Francisco Rebounds with Tech Revival
Scores of tech investors and executives migrated from the Bay Area during the pandemic, criticizing San Francisco for its allegedly… Read more
The Goldie Initiative Expands Mentorship, Scholarship Program
The Goldie Initiative has expanded its mentorship and scholarship program in the U.S. Northeast region. The Chicago-based organization kicked off… Read more
Mickey Barreto Indicted for New Yorker Hotel Scheme
Mickey Barreto of Mickey Barreto Missions has been indicted for allegedly trying to fraudulently transfer ownership of New York City’s… Read more
Goldie Initiative Expands to Northeast Region
The Goldie Initiative has expanded its mentorship and scholarship program to the U.S. Northeast region. The initiative, aimed at preparing… Read more
Pilecki Institute Signs with Thor Equities for First U.S. Location
Thor Equities Group secured a long-term lease with The Pilecki Institute for 35,000 square feet at 88 Greenwich St. in… Read more
Galvanize Climate Solutions Hires VP to Oversee Real Estate Asset Management
Galvanize Climate Solutions, a climate-focused global investment firm, appointed Alex Munoz as VP of asset management for the firm’s sustainable real… Read more
CBRE Markets Hoboken Resi Development Site
CBRE Tri-State Capital Markets Group has been named the exclusive sales agent for a development site located at 601-619 Newark… Read more
Small-Building Pipeline Surges, Yet NYC Multifamily Development Lags
New York City saw 728 new building filings in the fourth quarter of 2023, a 48% increase over the historical… Read more
DRA Exceeds Target with $2.3B Value-Add Fund
New York City-based DRA Advisors has raised $2.28 billion in its latest flagship fund series, DRA Growth & Income Fund XI, exceeding its… Read more