New York City
Apartment Fundamentals Rebound from Shaky First Half of 2020
From the standpoint of investor demand, the apartment sector remains at or near the top of the class, rivaled only… Read more
Pandemic Ramps Up Already-Strong Life Sciences Demand
The pandemic has accelerated momentum in the U.S. life sciences industry, particularly amid the race to produce a COVID-19 vaccine,… Read more
Hyatt, Genting to Open Hotel at Resorts World
Hyatt Hotels Corporation and Genting Americas plan a new hotel located at Resorts World Casino New York City (RWNYC) in Queens.… Read more
REBNY: Residential and Investment Sales Down 47% Y-O-Y
Total investment and residential sales volume across New York City declined 47% and tax revenue generated declined 36% from September… Read more
RFR Installs KAWS Sculpture at Seagram Building Plaza
RFR recently unveiled a new sculpture by renowned artist KAWS, on the Seagram Building Plaza at 375 Park Ave. The 20-foot… Read more
Investment Veteran Wessner Joins Hamilton Zanze
Aaron Wessner has joined Hamilton Zanze Real Estate Investments (HZ) as a managing director. Based in New York City, he will lead HZ’s… Read more
CBRE Hires Covey as Senior VP in Boston
CBRE has hired Greg Covey as Senior Vice President in the firm’s Boston office. In his new role, Covey will… Read more
Jonathan Rose Cos. Closes on $525M Impact Fund
Jonathan Rose Companies has closed on a $525-million impact acquisition fund. This represents the New York City-based firm’s fifth institutional… Read more
CoreNet NYC Gives Awards for Excellence
CoreNet Global New York City Chapter has named the winners of its annual 2020 Corporate Real Estate Awards for Excellence.… Read more
JRM Construction Adds Team Members in NJ, NYC
New York City-based JRM Construction Management has added Sean Galvin as chief estimator in the firm’s Carlstadt, NJ office, Antonina… Read more
Businesses Will Close in Nine Zip Codes with COVID Spikes
Mayor Bill de Blasio on Sunday sent a proposal to New York State government to close non-essential businesses, including public… Read more
Turner Construction Tapped for $250M Navistar Factory in San Antonio
Navistar International Corp. selected Turner Construction to build its $250-million automotive factory project on San Antonio’s South Side, the San… Read more
Jacksonville Apartment Community Trades for $19M
Berkadia has brokered the $18.75 million sale of Planters Walk, a 216-unit garden-style apartment community in Jacksonville. The property is… Read more
HealthQuarters Teams with Mount Sinai for NoHo Flagship
HealthQuarters, a wellness platform that recently signed a multi-location deal with Mount Sinai Health System, will establish its New York… Read more
Soho’s Broome Hotel Goes Up for Sale
Compass vice chair Adelaide Polsinelli has been hired to market The Broome Hotel at 431 Broome St. in Soho. Built… Read more
GID Opens Three-Level Amenity Center at Waterline Square
GID Development Group has opened the Waterline Club, a three-level amenity center inside Waterline Square, the three-building luxury residential development… Read more
NYC-Based RockFarmer Picks Up Triple-Net Walgreens
RockFarmer Properties, based in New York City, acquired 6901 San Pedro Ave., a 14,850-square-foot retail property in San Antonio for $6,400,000.… Read more
Pennybacker Capital Hires Two Senior Execs
Pennybacker Capital Management, a real estate-focused private equity firm managing $3.2 billion of investments, named two new senior executives within its credit… Read more
Corporate Leaders Want Inclusion in NYC Recovery Planning
In the third of three letters to political leaders, the Partnership for New York City has called upon Gov. Andrew… Read more