New York City
New Initiative Enables MTA to Leverage Private Development for Transit Accessibility
The New York City Council has approved Elevate Transit: Zoning for Accessibility, a collaboration between the Metropolitan Transportation Authority, City Council, the NYC Department… Read more
Manhattan Office Sees Best Leasing Volume Since Pandemic Began
Manhattan office leasing activity surged in the third quarter compared with Q2 of this year, as the market registered its strongest… Read more
JRT Founder Jodi Pulice to Be Honored at 2021 Columbus Celebration
Columbus Citizens Foundation has named Jodi Pulice, founder and CEO of JRT Realty Group, as an honoree of the 2021 Columbus Celebration. In… Read more
DataBank Will Build NYC Region’s Fifth Data Center
Dallas-based DataBank has acquired 34 acres in Orangeburg, NY, north of New York City. The colocation provider will use the acreage to build the metro… Read more
Honolulu Properties Generate Multiple Offers
A property containing a Ross, CVS Pharmacy and PetSmart center as well as the adjacent industrial property recently sold for… Read more
American Finance Trust Upsizes Credit Facility to $815M
“Necessity retail” REIT American Finance Trust (AFIN) has restated its existing $540-million unsecured revolving credit facility and increased it to $815 million. The facility may be increased by $435 million via an… Read more
Newly Launched MOVCAP Makes Local Debut with Two East Side Assets
Cushman & Wakefield arranged the sale of 51 and 217 E. Houston St., two mixed-use properties totaling 18,475 square feet. The… Read more
Rubenstein Partners Names Investment Veterans as Northeast Leadership
Rubenstein Partners, L.P. has appointed Michael Happel and Joseph Zuber as the new leadership for its equity investing activities in New York and… Read more
Columbia U. Tapped to Operate NYC’s Pandemic Response Institute
Columbia University has been selected to launch and operate the city’s Pandemic Response Institute (PRI), with its key partner, the… Read more
UiPath Joins Tenant Roster at SL Green’s One Vanderbilt
Global enterprise automation software company UiPath has signed a 15-year, 26,363-square-foot lease at SL Green Realty Corp.’s One Vanderbilt Ave., covering the… Read more
Walker & Dunlop Finances $164M for Miami’s Goodtime Hotel
Walker & Dunlop has structured a $164-million financing decision with The Goodtime Hotel, an iconic 266-key boutique hotel in Miami… Read more
Georgetown Company, First Hospitality Target $1B of Hotel Investments
Hotel management and development company First Hospitality and The Georgetown Company, a leading developer and owner of commercial, retail and mixed-use properties nationwide, formed… Read more
NYC Releases Blueprint for Responding to Extreme Weather
The de Blasio administration on Monday released “The New Normal: Combatting Storm-Related Extreme Weather in New York City,” a report intended to… Read more
Common Partners with BEI Hotel to Provide Long-Term Residential Units
Common recently entered a partnership with the BEI Hotel San Francisco to bring long-term residential units to the property. The… Read more
Plan Aims to Make NYC a Leader in Offshore Wind Industry
Mayor de Blasio and New York City Economic Development Corporation (NYCEDC) unveiled a 15-year, $191-million Offshore Wind Vision (OSW) plan to make New… Read more
Fifth Wall Wants CRE to Walk the Walk on Decarbonization
Venture capital firm Fifth Wall, which focuses on proptech investments, wants to see commercial real estate put its money where its mouth is when it comes… Read more
Cryptocurrency Firm Joins Tenant Roster at 1675 Broadway
Global crypotocurrency trading and mining firm Apifiny has finalized a five-year, 12,022 square-foot lease at Rudin Management Company’s 1675 Broadway, its 35-story, 850,000-square-foot office tower on the… Read more
Camber Names New EVP and Head of Development
Karen Hu has joined Camber Property Group as its new EVP and head of development. Hu brings nearly two decades of experience in real estate development to… Read more
Arden Group Invests $38 Million in Nashville Opportunity Zone
Arden Group has announced its latest investment, a project with a current budget of $38 million. In partnership with Ridgehouse… Read more