New York City
WHP Global Acquires Toys “R” Us Parent
Toys “R” Us has sold for the second time in two years, as New York City-based WHP Global acquired a… Read more
WeWork Forms Partnership with Chambers of Commerce Across Five Boroughs
The Chambers of Commerce for all five New York City boroughs and WeWork formed a strategic partnership to help foster… Read more
CHA, Jonathan Rose Cos. Reach Agreement on Low-Income Complex
The Chicago Housing Authority approved a contract with New York City-based affordable housing investor Jonathan Rose Cos. to subsidize up… Read more
Savanna Achieves Portfolio-Wide Recognition for Sustainability, Wellness
Savanna has been recognized by two leading industry organizations for portfolio-wide performance in sustainability and wellness. Savanna officially earned the WELL Health-Safety Rating certification for… Read more
Park Coming to Former Industrial Site at Pier 42 on Lower East Side
New York City Economic Development Corporation (NYCEDC) and NYC Parks recently launched construction on the Pier 42 project on Manhattan’s Lower… Read more
Engel Burman Names CFO for Construction Division
Jericho, NY-based developer Engel Burman has hired Daniel Daragiu as CFO for its construction division. He’ll be responsible for all financial… Read more
Can the Hub-and-Spoke Model Work? Not Without Investment
During the pandemic, growth in secondary cities and suburbs has outstripped demand in CBDs as 57% of employees want an… Read more
Streaming Content Boosts Demand for NYC Film Studio Space
As demand for streaming video content has reached new highs, so has the need for high-quality film studio space, according to a… Read more
NYC Restaurants May Expand to 50% Indoor Capacity Next Week
Indoor dining capacity in both New York City and New Jersey will expand to 50% beginning March 19, New York… Read more
Yardi Matrix: Renter Demand for Apartments Held Up in Pandemic
Renter demand for apartments remained strong nationally in 2020, the pandemic notwithstanding, Yardi Matrix reported. Around 252,000 apartment units were… Read more
Keeping Your Energy Grade Up, Part Two: Coordination, Compliance & Capital Planning
The second part of the BOMA New York webinar series all about energy grades for commercial buildings focused on coordination,… Read more
NYC EDC’s COO Named Acting President
Mayor Bill de Blasio appointed Rachel Loeb the acting president of the New York City Economic Development Corporation (EDC). Loeb, currently EDC’s EVP… Read more
SquareFoot Sets Up Shop in Houston
SquareFoot has served clients in dozens of major U.S. cities based out of its New York City headquarters. Due in… Read more
Innovo Garners $155M Financing for LIC Warehouse Project
Innovo Property Group, a New York City-based real estate investment and operating company founded by Andrew Chung and backed by Nan… Read more
Walker Webcast: Diana Olick and Ivy Zelman on the Unexpected Housing Market of 2020
The housing market of 2020 didn’t turn out the way sector forecasts anticipated at the end of 2019, when CNBC… Read more
Maverick Holds Initial Close on NYC-Targeted Credit Fund
Maverick Real Estate Partners LLC held the initial closing of Maverick Lien Fund VI LP, with commitments of more than… Read more
Colliers Named Leasing Agent for Two RFR Towers in Stamford
Colliers International Group Inc. was named leasing agent for two Class-A office towers in downtown Stamford, CT. The properties at 300… Read more
NYC Will Restart $17B in Capital Projects
On the one-year anniversary of New York City’s first report of a COVID case, Mayor Bill de Blasio announced that… Read more
State Comptroller: Arts & Recreation NYC’s Hardest-Hit Industry
New York City’s arts, entertainment and recreation industry took the biggest hit of any employment sector in the city as… Read more