New York City
NYC Adds 30K Private Sector Jobs in July
Having lagged New York State and the U.S. in jobs recovery in the depths of the pandemic-induced downturn, New York… Read more
How to Get Into Real Estate Development & Become the One Who Makes It All Happen
On a real estate development project, the developer may not be the one doing all the work but is the… Read more
Slate Real Estate Capital Provides $147M Refi on NYC Self-Storage
Slate Real Estate Capital, the private credit business of Slate Asset Management with New York offices in Lower Manhattan, provided… Read more
Alchemy Ventures Recapitalizes and Refis Nine Brooklyn Apartment Assets
New York City based Alchemy Ventures recapitalized a portfolio in Brooklyn, consisting of nine buildings and 113 residential units, for… Read more
NY State Comptroller Warns on NYC Budget Revenues
Total revenue for New York City’s budget is expected to drop by 9.4% to $101.1 billion in fiscal 2023 amid… Read more
Margo Chase Design Inks Lease at Savanna’s 360 Lexington Ave.
Savanna has secured a new five-year, 4,147-square-foot lease for Margo Chase Design, Inc. at 360 Lexington Ave., its 268,383-square-foot, 24-story… Read more
Parachute Home, Pandora Sign Retail Leases with Bromley Companies
Bromley Companies has secured two new signed leases at 122 Fifth Ave., an 11-story, mixed-use redevelopment project. The Flatiron/Union Square… Read more
Savills Forges Alliance with Integrative Partners to Boost M/WBE Reach
Savills has entered into a strategic alliance with Integrative Partners (IP), a certified minority- and women-owned business enterprise (M/WBE) and… Read more
Sunrise Senior Living Launches Second Manhattan Property
Sunrise Senior Living, together with partners Hines and Welltower, has announced the name of its second luxury senior lifestyle community… Read more
REBNY: Q2 Construction Filings Again Outpace Historical Averages
New York City construction activity in the second quarter again outpaced historical averages, the Real Estate Board of New York… Read more
Metaverse: The Gap Between Reality and Futurism
Googling the term “real estate financing metaverse” will provide approximately 8.8 million hits. The results are a mishmash of companies… Read more
NYC Firm Acquires Downtown San Diego Hotel
New York City-based Certares Management, LLC in partnership with HHM has purchased the 245-room Courtyard San Diego Downtown Hotel by… Read more
Colliers’ Devine and Disse Broker Sale of Siemens Facility to Lightstone
Colliers’ Jeff Devine and Steve Disse represented a private investor in the sale of 990 and 1000 Deerfield Pkwy., a… Read more
M&T Investment Bank Names Institutional CRE Capital Markets Lead
Matthew T. Orrino has been named a managing director and head of institutional commercial real estate capital markets at M&T… Read more
Mitti Liebersohn, Arthur Mirante Joins Savills
Savills has added Mitti Liebersohn and Arthur J. Mirante, II as chairman, New York brokerage and vice chairman, North America,… Read more
Square Mile Capital Provides $286M Loan on Upper West Side Buy
Square Mile Capital Management LLC has originated a $285.8-million loan secured by 160 Riverside Blvd., a 33-story, Class A, 455-unit… Read more
Burlington Stores Expands Offices Again at 400 Broadway
Burlington Stores, Inc. signed a full-floor expansion lease for an additional 34,591 square feet of office space formerly under lease… Read more
Silicon Valley-Based Sequoia Capital Commits to First NYC Office
Global venture capital firm Sequoia Capital, headquartered in Menlo Park, CA, is planning its first New York City office, according… Read more
Neiman Marcus Group Picks Dallas as One of Three Corporate Hubs
Neiman Marcus Group (NMG) will keep its thriving Dallas store location, but will move the group’s executives into Cityplace Tower… Read more