New York City
Related, Oxford Capitalize 70 Hudson Yards with $2.45B in Debt and Equity
Related Companies and Oxford Properties Group have fully capitalized 70 Hudson Yards with $2.45 billion in financing, including a $1.6-billion construction loan… Read more
Hunts Point Produce Market to Undergo $635M Redevelopment
Outgoing New York City Mayor Eric Adams announced a redevelopment agreement for the aging Hunts Point Produce Market in the… Read more
Office Supply Pipeline Shrinks; Coworking Gains Market Share
The U.S. office supply pipeline continued to shrink in 2025, with projects planned or under construction representing 1.7% of stock… Read more
Will 2026 be the “Year of the Office?” It Depends
The office sector had struggled for years, even before the COVID-19 shutdown. However, since 2024, the sector has been considered… Read more
Moody’s Will Relocate Global Headquarters to Brookfield Place
Moody’s Corporation said Monday it will relocate its global headquarters to 200 Liberty St. at Brookfield Place in Lower Manhattan,… Read more
$867M Financing on 111 Wall St. Sets New High for Office-to-Residential Conversions
Walker & Dunlop, Inc. arranged a $778.6-million construction loan to facilitate the office-to-residential conversion of 111 Wall St. in Lower Manhattan’s… Read more
Rithm Capital Closes on Paramount Group Acquisition
Rithm Capital Corp. said Friday it had completed its previously announced $1.6-billion acquisition of Paramount Group, Inc., a vertically integrated… Read more
Totem’s Mixed-Use Plan for East New York Receives City Council Approval
The New York City Council has approved the Uniform Land Use Review Procedure for Totem’s Herkimer-Williams proposal. The mixed-use hub in Brooklyn’s… Read more
Lument Closes $30M Refinance for Baltimore Affordable Housing Property
Lument has closed a $30 million Freddie Mac Targeted Affordable Housing unfunded forward commitment for the refinance and rehabilitation of… Read more
Enverra Acquires 260K-SF Tampa Office Tower
Enverra Real Estate Partners acquired 1 North Dale Mabry, a Class-A, 13-story office tower spanning 260,000 square feet in Tampa’s… Read more
Gaming Commission Gives Final Approval to 3 NYC Casino Projects
The New York State Gaming Commission on Monday gave final approval to three New York City casino projects, following approval… Read more
San Francisco, New York City Lead Office Comeback: Transwestern
With dramatic increases in leasing activity in both cities, San Francisco and New York are leading the nation’s office comeback,… Read more
Terreno Realty Corporation Acquires MD Industrial Property for $50M
Terreno Realty Corporation acquired an industrial property located in Hyattsville, Maryland, for a purchase price of approximately $50 million. The… Read more
SL Green Closes Opportunistic Debt Fund at $1.3B-Plus
SL Green Realty Corp. said Friday it closed its SLG Opportunistic Debt Fund with total capital commitments of more than $1.3 billion, surpassing… Read more
Cannon Hill, TriPost Partner on Strategic Office Acquisitions
Cannon Hill Capital Partners. a vertically integrated real estate firm, has entered into a partnership with TriPost Capital Partners. The capital… Read more
Life Time to Open Athletic Country Club in Gowanus
Life Time announced plans for a new, expansive athletic country club at 175 Third St. in Gowanus, Brooklyn, part of the four-project… Read more
Distressed NYC Affordable Landlords Need $1B Financing to Avoid Default
The incoming mayoral administration will need to fund a $1-billion financing program for affordable housing projects at risk of default… Read more