New York City
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
Ergatta Rows Into Move-In Ready Flatiron District Space
Ergatta, a health and wellness company known for its flagship product, the Ergatta Rower, has signed an 11,185-square-foot lease at 40 W. 25th St., owned… Read more
NYC Proposes Restructure of Freight Distribution Citywide
The de Blasio administration on Wednesday released Delivering Green: A vision for a sustainable freight network serving New York City, a… Read more
Lexington Realty Trust Rebrands to Reflect Industrial Focus
Lexington Realty Trust (LXP) on Wednesday announced a corporate rebranding and name change to LXP Industrial Trust. In connection with the rebranding,… Read more
Times Square Retail Condo Trades at North of $190M
In one of New York City’s largest retail transactions since the onset of the pandemic, a three-story retail condominium at residential… Read more
SL Green Divests Former Kenneth Cole Headquarters
SL Green Realty Corp. has sold its ownership interest in 707 Eleventh Ave., formerly the headquarters of Kenneth Cole, for $95 million.… Read more
Asset Manager Compass Group Inks Plaza District Lease
Colliers secured an 11-year lease for Compass Group, one of the leading independent Latin American asset managers, at 590 Madison Ave. Managing director David… Read more
East Harlem Development Site Changes Hands
Alan Stenson, senior director of Manhattan-based investment sales brokerage firm Brax Realty, arranged the sale of a corner development site in East… Read more