New York City
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
SL Green Trades Midtown South Offices for $325M
SL Green Realty Corp. said it agreed to sell 635-641 Sixth Ave. in Midtown South for $325 million. The buyer… Read more
REBNY, Other Groups Call for More Police Presence in NYC Mass Transit
The Real Estate Board of New York is among the signatories to a letter addressed to Mayor Bill de Blasio… Read more
Construction Consultant Minto Bose Launches His Own Firm
Minto Bose, a prominent New York City-based international construction and real estate consultant, has established a new cost consulting, project… Read more
Rachel Loeb Named to Top Spot at NYCEDC
Rachel Loeb has been named president and CEO of the New York City Economic Development Corporation (NYCEDC). Loeb has been… Read more
MTA, NY State Resume Metro-North Penn Station Access Project
The Cuomo administration on Thursday announced the resumption of the Metro-North Penn Station Access Project, which had been paused by… Read more
Lighthouse Immersive Leases Pier 36 Space for Van Gogh Exhibit
JLL completed a 70,000-square-foot lease at Pier 36 in New York City on behalf of Lighthouse Immersive Inc. to accommodate… Read more
Macy’s Recommits to Building Office Tower Above Herald Square Flagship
Having put the project on the back burner during the pandemic, Macy’s Inc. has renewed its commitment to building an… Read more
REBNY: Proposed Construction Reaches 10-Year Low
A new analysis of city data by the Real Estate Board of New York (REBNY) found that total square footage… Read more
Belveron Adds Affordable Housing Finance Veteran in NYC
Jeremy Levkoff was recently named director/VP, portfolio + investment strategy at Belveron Partners, based at the firm’s Midtown South offices. He… Read more
Agile Workspace is Now “a Requirement for Major Landlords and Corporations Alike”
While demand for agility in office space selection increased in 2020, the average flexible workspace requirement size decreased by 29%,… Read more
Northeast Industrial Corridor Enters 2021 Like Gangbusters
The Northeast industrial corridor, comprised of New York City, North and Central New Jersey, Eastern Pennsylvania and Greater Boston, started… Read more
Beachfront Hotel Trades on Long Island’s South Shore
JLL Hotels & Hospitality has closed the sale and an acquisition financing for the Allegria Hotel, a 156-key luxury beachfront hotel… Read more