New York City
Hightower Advisors Branches Out with Three Manhattan Locations
Hightower Advisors will expand into three new Manhattan office locations to provide space for its corporate and advisory-business teams. In… Read more
Savanna Adds Two Tenants at Newly Opened Boutique Offices
Savanna has signed two new full-floor leases at The Six, its boutique office tower at 106 W. 56th St. in… Read more
NYC-Based Wynmor Acquires Value-Add OKC Apartment Complex
Wynmor Management, LLC, a New York City-based private equity investment firm, acquired Riverchase Apartments, an apartment complex in Oklahoma City, for $13.6 million. The seller was… Read more
Telemedicine Tenant Inks Full-Floor Lease with Kaufman in Midtown South
LifeMD, Inc., a direct-to-patient telemedicine company, signed a 7,500-square-foot lease at the Kaufman Organization’s 236 Fifth Ave. The company will occupy the entire… Read more
Meridian Arranges Acquisition Loan on Upper West Side Mixed-Use
Meridian Capital Group arranged $35 million in acquisition financing for 2875 Broadway, a mixed-use commercial property on Manhattan’s Upper West Side. The loan from a… Read more
LCOR Breaks Ground on Sustainable Coney Island Rentals
LCOR recently broke ground on its newest development at 1515 Surf Ave. in Coney Island. The project will include 463… Read more
JPMorgan Chase Leads $950M Refi on Midtown Tower Owned by Vornado and Trump
JPMorgan Chase is leading a $950-million refinancing on 1290 Ave. of the Americas, a 2.1-million-square-foot Midtown Manhattan office tower, according to… Read more
Verizon Signs on as Essex Crossing’s Anchor Office Tenant
Delancey Street Associates, a joint venture of Taconic Partners, L+M Development Partners, BFC Partners, the Prusik Group, and the Urban Investment… Read more
NYC Multifamily Sales Post Big Gains in Q3
New York City’s multifamily market experienced a significant uptick in activity on both a year-over-year and quarter-over-quarter basis during the third… Read more
CoreNet NYC Hosts Presentation by Larry Silverstein
The New York City Chapter of CoreNet Global recently hosted “A Conversation with Larry Silverstein,” an intimate event in which the chairman… Read more
Maverick Surpasses Fundraising Target with Latest Vehicle
Maverick Real Estate Partners has reached the closing for its latest real estate credit fund, Maverick Lien Fund VI LP, with total equity… Read more
Industry Groups Applaud Proposal for Backstop on Pandemic Risk Coverage
The Real Estate Roundtable and, on a more local level, the Real Estate Board of New York (REBNY), gave a thumbs-up to… Read more
Arden Group, Spitzer Enterprises Partner to Develop Jersey City Rentals
Arden Group, through one of its private fund vehicles focused on Opportunity Zone development, will partner with Spitzer Enterprises to construct a… Read more
NYC Comptroller Sees Robust Economic Growth, But Not Full Recovery Yet
New York City Comptroller Scott Stringer’s annual fiscal report shows that the city’s economy grew robustly through much of the… Read more
Billion-Dollar Disasters Spur Mitigation Funding
The announcement this week that the de Blasio administration would allocate $110 million to addressing sea-level rise and storm surge that together pose a threat… Read more
Hudson on Farmer Sows Refi of $45M
Refinancing of $45 million was recently arranged for Hudson on Farmer, a class-A multifamily property in Tempe, AZ. The 24-month… Read more
ICER Properties Acquires Six GA Multifamilies with $130M Meridian-Arranged Loan
ICER Properties has acquired six multifamily properties in GA with $130 million in acquisition financing arranged by Meridian Capital Group.… Read more
SKAPC Tapped for Master Plan on Upgrades at Union City Luxury Rentals
Steven Kratchman Architect PC (SKAPC) has been appointed by the board of directors of Troy Towers, a 22-story residential building at 380 Mountain… Read more
Chelsea Piers Fitness Signs Lease as Flagship Retail for One Madison Ave.
SL Green Realty Corp. signed Chelsea Piers to a 55,780-square-foot, 20-year lease as the flagship retail tenant at One Madison Ave., its 1.4-million-square-foot office development in… Read more