New York City
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
J.Crew Lease Agreements Will Save Retailer $130M
J.Crew Group said Monday it had reached agreements with landlords to improve lease terms on its J.Crew and Madewell store… Read more
Natixis Names Americas Real Estate Co-Heads
Natixis recently named Michael Magner and Andy Taylor as co-heads of real estate & hospitality Americas for Natixis CIB Americas. Based in New… Read more
Cuomo Extends Eviction Moratorium Until Sept. 4
The eviction moratorium protecting New Yorkers during the coronavirus pandemic has been extended another 30 days. Gov. Andrew Cuomo signed an… Read more
Marketing Agency Moves NYC Headquarters to Gowanus
U.K.-based marketing agency Mother is moving its New York City headquarters from Hell’s Kitchen to Brooklyn, signing a lease for… Read more
Schack Institute Names Dustin Jones as Academic Director, Grad Programs
The NYU School of Professional Studies Schack Institute of Real Estate named Dustin C. Jones as academic director for US Graduate Programs.… Read more
Hildreth Real Estate Names COO
Hildreth Real Estate Advisors, a New York City-based diversified real estate firm, announced the appointment of Max Padway as COO to oversee the… Read more
State Comptroller: NYC Faces “Unprecedented” Economic Impact
New York City, New York State and the Metropolitan Transportation Authority all need additional federal aid to mitigate the impact… Read more
Facebook Signs on for 730K SF at Farley Building
Confirming a long-rumored deal, Facebook leased 730,000 square feet, comprising all the office space at Vornado Realty Trust’s redevelopment of… Read more