New York City
Colliers Team Will Market Space at Bedminster Offices
Colliers International has been retained by Northeast Capital Group to lease the two-building Offices at Bedminster campus in Bedminster, NJ.… Read more
HDC Will Issue $660M in Multifamily Revenue Bonds
Following approval by its board of directors at a recent meeting, the New York City Housing Development Corporation (HDC) plans… Read more
City National Bank Renews, Extends at 1140 Sixth Ave.
New York City REIT, Inc. (NYC) completed an early renewal and extension of City National Bank’s (CNB) lease of retail… Read more
Apartment Construction Poised for Slowdown
With COVID-19 further complicating an already visible slowdown in apartment construction since its 2018 peak, new completions across the country… Read more
COVID Hospitalizations Reach New Low in NY State
New York State and New York City have reached new lows for COVID-19 hospitalizations, patients in ICUs and intubations, Gov.… Read more
Mansion Conversion Opportunity Lists in Lenox Hill
Ariel Property Advisors has listed 14 E. 69th St., an historic mansion conversion opportunity in the Lenox Hill section of… Read more
Regus Puts Portion of Its Portfolio into Chapter 11
RGN Group Holdings LLC, the company that operates Regus shared office suites, has voluntarily filed for Chapter 11 protection in… Read more
2020 Next Generation Honoree: Freddie Mac Multifamily’s John Stepien is Expert in Housing Finance
Since joining Freddie Mac in 2015, John Stepien has been promoted from an entry-level analyst position to regional director for… Read more
2020 Next Generation Honoree: Cycamore Capital’s Johnny Din Has Built a Company
Johnny Din, CEO of Cycamore Capital, has successfully built an integrated New York City value-add multifamily and mixed-use real estate… Read more
2020 Next Generation Honoree: Nightingale Properties’ Will Hutton Spots Unrealized Potential
In the past 18 months, Will Hutton spearheaded more than $4 billion of transaction activity at Nightingale Properties and has… Read more
“Pockets of Weakness” Mean Potential for Distress
By Paul Bubny The money is there for distressed real estate acquisitions, make no mistake about that. Citing data from… Read more
Krispy Kreme Flagship Opening Set for Sept. 15
Krispy Kreme’s much-anticipated, and delayed, Times Square Flagship Shop will open Tuesday, Sept. 15, the company said this week. The… Read more
REBNY: Sales Volume Posts Second Monthly Gain
Total investment and residential sales volume across New York City posted a monthly increase of 11% between June and July,… Read more
Cuomo Sets Timeline for NYS Gyms and Fitness Studios to Reopen
Gov. Andrew Cuomo said Monday that gyms and fitness centers can reopen in New York State starting August 24. The… Read more
New York City REIT to List on Stock Exchange
New York City REIT, Inc. (NYC) will list its shares of Class A common stock on the New York Stock… Read more
Return to NYC Offices Will Take Longer Than Expected
Even as a CoreNet NYC survey makes it clear that office occupiers don’t plan to leave the city, a separate… Read more
CoreNet NYC: Occupiers Aren’t Planning to Leave City
The vast majority of office occupiers aren’t looking to leave New York City anytime soon in the wake of COVID-19,… Read more
$325M Deal for Brooks Brothers Goes Before Bankruptcy Judge
A hearing is scheduled for Friday at U.S. Bankruptcy Court to approve the $325-million sale of Brooks Brothers to SPARC… Read more
Meridian Arranges $187M Construction Debt for Philly Offices
Meridian Capital Group arranged $187 million in construction and mezzanine financing and equity for the ground-up construction of a Class-A office… Read more