New York City
Hochul Targets Affordability, Sustainability Initiatives in State of the State Address
New York Gov. Kathy Hochul’s State of the State address on Wednesday called for a five-year, $25-billion effort to create and preserve 100,000… Read more
Compass’ Adelaide Polsinelli Brings Greenwich Village Retail Condos to Market
Adelaide Polsinelli, vice chairman of Compass, has been hired to sell a 17,000-square-foot retail condominium with 160’ of wraparound frontage, located at 350 Sixth Ave., also known as… Read more
Report: Morgan Stanley Will Backfill 400K SF of BlackRock Offices
Morgan Stanley is betting on the future of office in New York City, signing a deal to take over space that currently… Read more
Terreno Realty Drawn to DC Metro Industrial Assets to the Tune of $73M
Terreno Realty Corporation has acquired industrial properties in Alexandria, VA and Bladensburg, MD for a total of $72.7 million. The… Read more
Witkoff, Blavatnik Acquire Note on Massive Chelsea Condo Project
Steven Witkoff and Len Blavatnik’s Access Industries have purchased the $900-million defaulted note for the “Twists” tower project in Chelsea from the Children’s Investment Fund.… Read more
Meridian Finances Icer Properties Portfolio in NJ and Queens
Meridian Capital Group arranged a total of $18 million in financing for the SLJ Portfolio, which contains retail and office properties in Raritan and Union,… Read more
Howard Hughes Corp. Gets Final Approvals on $850M Seaport Mixed-Use
The Howard Hughes Corporation has gotten final approvals from the city for its $850-million 250 Water St. development project at the Seaport in Lower… Read more
Silverstein Makes First NYC Residential Acquisition
Silverstein Properties closed on the acquisition of 116 John St., a 416-unit multifamily property in Lower Manhattan and its first residential… Read more
NY City Council Approves Plans for Supertall to Replace Hyatt Near Grand Central
RXR Realty and TF Cornerstone’s plans for a 1,575-foot-tall tower in Midtown Manhattan, which would be among the city’s tallest, were recently… Read more
Adams Signs Quartet of Tenants Near Bryant Park
Adams & Co. has signed four new office tenants at 110 W. 40th St. The leases total 7,122 square feet and range from five to seven-year leases. The… Read more
Longfellow Enters NYC Life Sciences Market with LIC Deal
Longfellow Real Estate Partners, in partnership with Sculptor Real Estate, has acquired 43-10 23rd St. (43TEN) in Long Island City, marking the developer’s debut… Read more
L&L Secures $911M Financing on Plaza District Tower
L&L Holding Company has completed $911.4 million in financing for 425 Park Ave., its 47-story office tower nearing completion in Midtown Manhattan’s Plaza District. The finance package, obtained through a consortium of lenders led by Blackstone… Read more
BXP Snags 360 Park Ave. South for Redevelopment
Boston Properties, Inc. (BXP) completed the acquisition of 360 Park Ave. South, a 450,000 square-foot, 20-story office property in Midtown… Read more
Maternity Apparel Retailer Opens Concept Stores in Chicago, NYC
A Pea in the Pod, a designer and specialty retailer of luxe maternity apparel and accessories, is returning to brick-and-mortar retail by opening two new… Read more
Fetner Properties Closes on Upper West Side Mixed-Use
Fetner Properties closed on 270 W. 96th St., a 23-story mixed use building, which will bring a total of 171 market-rate and affordable apartments… Read more
GFP, Northwind Close on Sale of Redeveloped 100 Pearl St.
GFP Real Estate and Northwind Group closed on the sale of 100 Pearl St. in Lower Manhattan’s Financial District to Germany-based Commerz Real. The… Read more
City Council Approves SoHo/NoHo Rezoning Plan
The New York City Council voted 43-5 to approve the de Blasio administration’s SoHo/NoHo Neighborhood plan, supported by housing advocates and opposed by preservationists. Intended… Read more
Law Firm Commits to Full-Floor Sublease at 275 Madison Ave.
Law firm Hawkins Parnell & Young LLP has committed to a 13,541-square-foot office lease at 275 Madison Ave. The firm,… Read more
Lee NYC Completes Triple-Net Leasehold in Brooklyn
Lee & Associates NYC represented ownership, 731 Flushing Avenue LLC, in the creation of a 99-year triple-net leasehold at 731 Flushing Ave. in… Read more