New York City
Bellet Completes Façade Restoration on UES Landmark
Bellet Construction has completed a Local Law 11/98-FISP (Façade Inspection Safety Requirements) project at 1216 Fifth Ave., a six-story landmark… Read more
REBNY: Broker Confidence Ebbs in Q4; Outlook Remains Optimistic
The Real Estate Board of New York said Wednesday that broker confidence in the real estate market decreased in 2021’s… Read more
MTA Unveils Pilot Program on Fare Discounts
To encourage New Yorkers to get back on subways, buses, and trains, the Metropolitan Transportation Authority (MTA) unveiled a pilot… Read more
Meridian Arranges $137M Financing on BK Development Site
Meridian Capital Group arranged $137 million in acquisition and construction financing for 555 Broadway, a rental development site in Brooklyn,… Read more
Macquarie Completes Buy of SoHo “Jewel Box” for Reported $130M
Macquarie Asset Management (MAM) completed the purchase of 375 West Broadway, a 76,605-square-foot, mixed-use building in Manhattan’s SoHo neighborhood. The… Read more
LCOR Names SVP of Capital Markets
Tolliver Williams has joined LCOR as SVP of capital markets. In the newly created role, Williams will be tasked with… Read more
Parkview Financial Opens NYC Office
Parkview Financial, a direct private lender specializing in construction and short-term bridge loans, has opened a New York City office.… Read more
NYS Comptroller Sees “Uneven” Recovery Ahead for NYC
From the standpoint of providing basic services, New York City’s uneven recovery will present evolving challenges over the next few… Read more
RXR, Hudson Realty Capital Partner on Lending Platform
RXR and Hudson Realty Capital, both New York City-based, have launched RXR-Hudson, a strategic lending platform designed to achieve risk-adjusted… Read more
Wendel North America Inks Long-Term Lease at 101 Park Ave.
Cushman & Wakefield arranged a long-term, 8,402-square-foot lease for Wendel North America at 101 Park Ave.in Midtown, steps from Grand… Read more
Adams Names Team for NYC’s Affordable Housing Strategy
New York City Mayor Eric Adams announced the team who will lead his administration’s affordable housing strategy. Jessica Katz will… Read more
REBNY Sees Sizable Uptick in New Building Filings
The Real Estate Board of New York (REBNY) on Tuesday reported a sizable increase in new building filings and even… Read more
Savanna Inks Three Full-Floor Leases at 521 Fifth Ave.
Savanna has finalized two new leases and a lease extension and expansion totaling 30,300 square feet at 521 Fifth Ave.,… Read more
New Empire Plans Second Condo Project in Long Island City
New Empire Corp. acquired 24-01 Queens Plaza North in Long Island City for approximately $26 million. The 115,000 square-foot lot… Read more
Arch Street, Orion REIT Venture Focuses on Single-Tenant Office
Arch Street Capital Advisors and Orion Office REIT Inc. are continuing a programmatic venture focused on the acquisition of long-term… Read more
JLL Brokers Investment Firms’ Moves to Park Avenue Tower
JLL has brokered two full-floor transactions for a total of 31,951 square feet at 65 E. 55th St., also known… Read more
Steve Gordon Joins Pearlmark as Managing Director
Steve Gordon has joined Pearlmark as a managing director in Pearlmark’s New York City office. He joins Pearlmark with a… Read more
NYC Lags Northeast in New Housing Approvals
New York City approved less new housing per resident than any other Northeast city in 2020, the New York Post… Read more
Fisher Brothers Reaches 100% Occupancy at Park Avenue Plaza
Fisher Brother’ Park Avenue Plaza at 55 E. 52nd St. is now 100% percent leased. Existing tenants Evercore, General Atlantic… Read more