New York City
Nuveen Real Estate Closes Value-Add Multifamily Fund at $410M
Nuveen Real Estate has completed the final close of CASA Partners IX, securing $410 million from two new investors, Bouwinvest… Read more
NYC Flex Office Demand Exceeds Supply Growth
Global workspace firm The Instant Group expects flexible office space demand to increase by 19% in New York City in… Read more
NYC Multifamily Sales Volume Up 37% Year-Over-Year in Q3
New York City multifamily sales totaled $3.57 billion in the third quarter of 2022, a 37% increase year-over-year and 71%… Read more
Cresa Adds Mike Burns as an Occupier Services Group SVP in DC Location
Mike Burns has joined Cresa’s Washington, DC, office as a SVP with the firm’s occupier services group. He will focus… Read more
Rockledge Grows Ohio Portfolio with Sonesta Extended Stay Property Acquisition
Rockledge, led by David Kaye and Joe Listhaus, has closed on the acquisition of the 104-key Sonesta ESA Suites in… Read more
FirstService Residential Names VP for NYC Condos and Co-ops
FirstService Residential recently promoted David Von Hollweg to VP in its NYC Condo/Co-op Division. In this role, Von Hollweg has… Read more
Study: Migration Patterns Have “Ripple Effect” on CRE Sectors
The pandemic didn’t so much result in new migratory patterns as reinforce those that were already underway, Placer.ai reported earlier… Read more
Class A Dominates Manhattan Office Leasing in Q3
A dominant theme in Manhattan’s third-quarter office leasing story was demand for high-quality assets. New reports from Lee & Associates… Read more
Regal Ventures Acquires Gristedes-Anchored Retail Condo
Regal Ventures, a New York City-based real estate investment firm, has acquired a 37,165-square-foot, grocery-anchored retail and parking condo at… Read more
oneworld Alliance Adds to List of New DFW HQ’s
In what seems like a daily occurrence, the Dallas-Fort Worth area will be the new home for another global headquarters.… Read more
Redevelopment Will Transform Kips Bay City Block into Science and Research Campus
New York City Mayor Eric Adams and New York Gov. Kathy Hochul unveiled plans Thursday for the Science Park and… Read more
Connect Webinar Provides Insiders’ View of Rental Demand Drivers in NY Outer Boroughs
For an indicator of the outer boroughs’ appeal to apartment renters, consider the preferences expressed by Arch Companies’ younger employees.… Read more
Tenant Rep Veteran Michael Goldman Joins Cresa NYC Team
Tenant representative veteran Michael Goldman has joined Cresa as a principal, based in New York City. Goldman has leased more… Read more
NYC Tops U.S. Large Cities for Year-Over-Year Apartment Rent Growth
Over the past year, asking rents for apartments in New York City have grown faster than any other large U.S.… Read more
Closings Commence at Upper West Side Condo Conversion
Centurion Property Investors’ new luxury condominium residences at 212 W. 72nd St. on Manhattan’s Upper West Side have commenced first… Read more
Same-Day Delivery Startup Carry Launches Hyperlocal Partnership
Carry, a Brooklyn-based same-day-delivery startup, has launched a partnership with hyperlocal 3PL Highline Commerce that aims to provide numerous up-and-coming… Read more
Bond Vet to Open 18th New York Location at TF Cornerstone High-Rise
Bond Vet, a veterinary clinic offering both primary care and urgent care services for animals has leased approximately 3,700 square… Read more
Comedy Institution Second City Will Open First NYC Location
Chicago-based comedy institution The Second City will open next year in Brooklyn’s Williamsburg neighborhood. The 11,900 square-foot space will feature… Read more
Pantzer Properties Closes Oversubscribed Fifth Fund
New York City-based Pantzer Properties, Inc. has reached the final closing of its fifth real estate fund, Panco Strategic Real… Read more