New York City
Varsity Investment Group Secures $33M Refi for Two Georgetown Apartment Buildings
Varsity Investment Group has secured a $33.4 million loan to refinance Sonder Georgetown and LuxUrban Georgetown; two apartment buildings converted… Read more
Nostrand Houses Selected First to Vote on NYCHA Trust to Fund Repairs
New York City Mayor Eric Adams and NYCHA CEO Lisa Bova-Hiatt have initiated the resident engagement process for the first… Read more
DCC Provides $22M to Buy, Renovate Two West Village Buildings
Derby Copeland Capital, a real estate investment platform specializes in opportunistic debt financing and equity investments, has provided a $22… Read more
Hyundai Motor Acquires Boutique Building in Meatpacking District for $22M
Hyundai Motor America has acquired a boutique commercial building at 500 West 14th St in Meatpacking District from Duanco for… Read more
Michelin Chef César Ramirez to Open New Restaurant in Hudson Square
Ramirez, known for Chef’s Table at Brooklyn Fare, has signed a 15-year lease for 5,000 square feet at 333 Hudson… Read more
New West Village Development 111 Charles Launches Leasing
Aurora Capital Associates and William Gottlieb Real Estate have launched leasing at 111 Charles, a luxury rental property located in… Read more
Silverstein Properties, Metro Loft Acquire 55 Broad Street for $173M
Silverstein Properties and Metro Loft Management have jointly acquired 55 Broad Street, a 30-story office building in New York’s Financial… Read more
Chicago Sees Year-Over-Year Surge in Construction Starts
The value of commercial and multifamily construction starts in Chicago grew 64% through the first half of 2023, the Chicago… Read more
Lincoln Property Company Appoints Jared Toothman to Lead NYC Market
Lincoln Property Company has appointed Jared Toothman as executive vice president and market leader to lead the company’s operations in… Read more
GFP Inks Four Leases Totaling 13K-SF at 515 Madison Ave
GFP Real Estate has added four leases totaling 12,924 square feet at 515 Madison Ave in Plaza District. Weiss… Read more
Italian Restaurant to Open Third Midtown Location
The Durst Organization has announced that the Italian restaurant Rosemary’s will open a new location at 825 Third Avenue in… Read more
BHI Provides $50M Line of Credit to Naftali Subsidiary
BHI, a full-service commercial bank, has closed a $50 million capital call line of credit facility for Naftali Shaked Partners… Read more
Puig Signs Long-Term Lease at Rockefeller Center
Puig will relocate its New York City office from Madison Avenue to Rockefeller Center this fall, signing a long-term lease… Read more
Global NP Acumen Fund Extends 12K-SF Lease at 40 Worth Street
Acumen Fund, a non-profit focused on impact investment to combat global poverty, has extended its 11,743 square feet of office… Read more
CoStar Commits to Two Floors with Irvine Company in La Jolla UTC
CoStar Group has signed a lease for 45,700 square feet at Irvine Company’s One La Jolla Center office high-rise in… Read more
Long-Term Owner Divests Gramercy Apartments After 35-Year Hold
Michael Ferrara and Alan Stenson of New York City-based investment sales brokerage firm Brax Realty completed the sale of 305 E. 21st St.… Read more
Global Holdings Commences Leasing at Anagram Columbus Circle Rentals
Global Holdings, the international real estate development and investment firm founded and led by Eyal Ofer, has begun leasing at… Read more
CIT Lends $42M on Pre-Leased Yonkers Studio Project
First Citizens Bank’s Real Estate Finance business, a division of CIT, provided $42.2 million in financing to a joint venture between National Resources and… Read more
Sephora, Pandora to Open in Harlem
A joint venture consisting of The Prusik Group, BRP Companies, L+M Development Partners, Goldman Sachs Urban Investment Group, and Taconic… Read more