New York City
NYC Tech Sector Leads with Vaccine Mandates for In-Office Workforce
Mayor Bill de Blasio on Friday applauded businesses in New York City’s technology sector for their work to mandate vaccines… Read more
Return-to-Office Delays Aren’t an Issue for REITs; Secular Headwinds Are
With COVID-19 back to an upward trend for new cases, U.S. corporations may continue to announce return-to-office (RTO) delays for office employees, but… Read more
Meridian Arranges Refi, Acquisition Loan on Norwalk Apartment Properties
Meridian Capital Group arranged a total of $31.6 million in financing to refinance Point Rock at Oakwood and acquire The Sono Pearl, two multifamily properties in… Read more
Alene Candles Inks 208K-SF Industrial Lease in New Hampshire
Alene Candles has signed a 208,000-square-foot industrial lease at One Bon Terrain Drive in Amherst, N.H. The tenant plans to… Read more
Dalfen Bolsters Central PA Presence with Two-Building Portfolio
Dalfen Industrial acquired a two-building, 572,800-square-foot portfolio in the I-78/I-81 corridor of Pennsylvania. Seller and pricing weren’t disclosed. The portfolio includes buildings in Lancaster and Elizabethtown, PA. The 252,800-square-foot Lancaster property… Read more
Three CRE Leaders Launch Southwell Realty Capital
New York City-based Southwell Realty Capital has launched with an executive team of three leaders in the commercial real estate industry: Mark Davis, Gregg… Read more
Genting Opens Hyatt Regency JFK Airport
Hyatt Regency JFK Airport at Resorts World New York in Queens celebrated its ribbon cutting recently, featuring executives from Genting, which owns the hotel… Read more
Strong Demand Pushes Sale of Stamford Industrial Duo
RM Friedland arranged today the sale of two industrial/flex buildings in Stamford, CT on behalf of Robert Martin Company. Deal terms weren’t disclosed. The… Read more
Trading Apps? There’s an Office Space for That
We’ve heard a great deal about the mushrooming popularity of e-commerce and Zoom calls as the pandemic forced people to… Read more
Ripco Promotes Company Veteran Esther Bukai to Vice Chair
Ripco Real Estate has promoted Esther Bukai to vice chair. Bukai, who has been with Ripco since 1998, has been instrumental in the firm’s… Read more
Development Site Fetches $5M in East Brunswick
AMS Acquisitions, a New York City-based real estate investment firm, announced the recent purchase of 377 Summerhill Rd. in East Brunswick,… Read more
NYC Will Require Vaccinations to Enter Restaurants and Gyms
Mayor Bill de Blasio said vaccination would be required for workers and customers of indoor facilities including restaurants and gyms,… Read more
MSCI to Acquire Real Capital Analytics for $950M
MSCI Inc. said Monday it had entered into a definitive agreement to acquire Real Capital Analytics (RCA) for $950 million… Read more
Camber Acquires Harlem Complex, Adds Affordability Protection
Camber Property Group completed the $30-million acquisition of The Johanna Apartments, a 60-unit, 100% Section 8 property across four buildings on… Read more
HQ @First Provides Hefty Profit in Recent Sale
HQ @First was recently acquired by an affiliate of New York City-based KKR for $535 million. KKR obtained a $408… Read more
NYC Multifamily Sales Post 57% Increase Y-O-Y
The New York City multifamily investment sales market experienced an uptick in activity during the second quarter of 2021, Ariel… Read more
Carlyle Adds Full Floor to One Vanderbilt Tenancy
JLL has completed a transaction with global investment firm Carlyle and SL Green Realty Corp. enabling Carlyle to expand into a full floor of 33,924 square feet at One Vanderbilt. The transaction expands Carlyle’s presence in… Read more
BioBAT Space Will Expand at Brooklyn Army Terminal
New York City Economic Development Corporation (NYCEDC) is making a $50-million investment in life sciences at BioBAT to expand the lab space… Read more
Lee NYC Markets Plaza District Office for Long-Term Leasehold
Lee & Associates NYC is marketing for long-term leasehold 661 Lexington Ave., a roughly 35,000-square-foot office building in the Plaza District within Midtown… Read more