New York City
REBNY Announces Contenders for Ingenious Deal of the Year
The Real Estate Board of New York (REBNY) has announced those in the running for 2020’s Most Ingenious Deal of the… Read more
Office Demand Continues Upward Trend
Led by New York City, April marked the fourth consecutive month when demand for office space nationally continued to recover,… Read more
REBNY’s Virtual 125th Annual Banquet Focuses on NYC’s “Greatest Comeback”
New York City’s real estate industry gathered virtually with city and state dignitaries this past Thursday at the Real Estate Board of… Read more
WeWork Selects JLL for Leasing in 38 Locations in Seven Cities
WeWork has selected JLL as leasing agent for 38 locations in seven cities nationally, including its locations in metro Phoenix.… Read more
Gensler Surveys City Dwellers on Why They Stay and Why They Want to Leave
Nine months after first surveying residents of four major cities—New York City, San Francisco, London and Singapore—in the early stages… Read more
Construction Sector Faces Employment Challenges Amid Broader Recovery
In two separate announcements earlier this month, the Associated General Contractors of America (AGC) reported recovery-driven declines in construction-related employment.… Read more
NYC Doubles Down on Life Sciences Commitment
The de Blasio administration on Wednesday announced a plan to double the city’s $500-million investment in life sciences to $1… Read more
Common Assumes Control of Starcity Management Portfolio
Midtown Manhattan-based Common has agreed to take over the management of the bulk of San Francisco-based Starcity’s portfolio of open… Read more
Newmark Opens All U.S. Offices
Newmark fully reopened its offices on June 1 across the country, with all employees expected to return to the office.… Read more
NYC Leads U.S. in Q1 Net Lease Retail Sales
New York City ranked 12th in the nation for first-quarter net lease investment activity, with $1.6 billion in overall investment… Read more
Walker & Dunlop Adds Two to NYC Capital Markets Team
Walker & Dunlop hired Sean Reimer as a managing director and Michael Stepniewski as a senior director in its capital markets group. Based in the New… Read more
CBRE: NYC’s Film Production Industry Poised for Strong Regional Growth
The film production industry, which originated in the New York City Tri-State area, is flourishing and poised for strong regional growth, CBRE… Read more
Hudson Cos. Partners with NYC Pension Funds on Workforce Housing Development
The Hudson Companies is partnering with two of New York City’s largest public pension systems on a $250-million fund to build green… Read more
Transformation of the Urban Warehouse
By Andrew Chung, Founder and CEO of Innovo Property Group As we move further into the new decade, established systems of… Read more
Emerald Creek Furnishes Bridge Loan for Former Tammany Hall in Union Square
Emerald Creek Capital (ECC) closed a $55-million bridge loan for 44 Union Square, a 73,113-square-foot Class-A mixed-use property on the… Read more
NYC Jobs Growth Outpaces U.S. in April
New York City saw a net gain of 35,100 jobs in April while the state posted a monthly gain of… Read more
Blackstone Mortgage Trust’s Katie Keenan Named CEO
Blackstone Mortgage Trust (BXMT) president Katie Keenan has been named CEO, effective June 30. She’ll succeed Steve Plavin, who will… Read more
SoHarlem Doubles Footprint at Manhattanville’s Mink Building
The Janus Property Company arranged a lease at the Manhattanville Factory District’s Mink Building, approximately doubling the footprint of SoHarlem, a not-for-profit… Read more
In Lending for Industrial Deals, “There’s No Such Thing as One Size Fits All”
With industrial having recently achieved the status of a close rival to multifamily in terms of investor interest, the subject… Read more