New York City
Life Science Sector Expands Far Beyond the Established Clusters
When it comes to life sciences real estate, the biggest keep getting bigger. That’s to say that the leading developers… Read more
Development Site Advisors Opens Enrollment for Academy Class
Development Site Advisors, a brokerage specializing in the sale of development sites, is opening enrollment for its next Development Site Academy… Read more
Macy’s Will Roll Out Toys”R”Us Shop-in-Shops at 400 U.S. Stores
Simultaneous with announcing a nearly 60% year-over-year increase in revenues during the second quarter, Macy’s said Thursday it would partner with WHP Global to bring Toys“R”Us shop-in-shops… Read more
RFR Names Head of Equity Capital Markets
RFR has appointed Jay Dunn as head of equity capital markets. Reporting to principals Aby Rosen and Michael Fuchs, he will oversee equity capital raising, joint ventures and… Read more
Economic Report: NYC Should Emphasize Tech and Healthcare Sectors
New York City should play to its strengths and emphasize the tech and healthcare sectors to drive its recovery from… Read more
KKR Reaches $2.2B Deal for Sale of Infill and Light Industrial Portfolio
KKR said Tuesday it had agreed to sell a 14.5-million-square-foot infill and light industrial portfolio to Oxford Properties Group for approximately $2.2… Read more
GFP Real Estate Launches Mural Campaign to Celebrate NYC’s Ongoing Recovery
Inspired by New York City’s resiliency and ongoing recovery, GFP Real Estate (GFPRE) launched #GFPRECares, a campaign across its NYC portfolio featuring… Read more
MTA, NYCDOT Reveal Plan to Improve City’s Bus Network
The Metropolitan Transportation Authority (MTA) and New York City Department of Transportation (NYCDOT) on Monday announced an ambitious plan to improve New… Read more
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