New York City
REBNY Spotlights Two Downtown Retail Deals
The Real Estate Board of New York (REBNY) announced winners of its 22nd Annual Retail Deal of the Year Awards at… Read more
Lord & Taylor Files for Bankruptcy Protection
Lord & Taylor, America’s oldest department store, filed for Chapter 11 protection Sunday, along with its owner, Le Tote Inc.… Read more
Peter Nicoletti Joins Colliers to Head NYC Capital Markets
Prolific dealmaker Peter Nicoletti has joined Colliers International as managing director, head of New York City capital markets. He brings 30 years’… Read more
NYC Leads for Producing New Tech Talent
The nation’s second-largest tech labor market in the country behind the San Francisco Bay Area, New York City is also… Read more
Berger Commercial Realty Hires Markoff and Mendez in South Florida
Berger Commercial Realty/CORFAC International has hired Adam Markoff as Senior Property Accountant and Cesar Mendez as Property Manager in the… Read more
American Finance Trust Secures $715M CMBS Deal
American Finance Trust (AFIN) has entered into a financing transaction with an institutional lender and borrowed $715 million in a CMBS financing. The… Read more
Appellate Court Overturns Annulment of Inwood Rezoning
The Appellate Division of state Supreme Court reinstated New York City’s Inwood rezoning in a unanimous verdict handed down Thursday, Crain’s… Read more
Zuul Secures Funding to Expand Ghost Kitchen Network
Zuul has secured $9 million in funding to expand its ghost kitchen operations throughout New York City. The company, which currently operates its… Read more
3 NYCHA Community Centers to Be Restored
Three New York City Housing Authority community centers will be renovated and restored to their communities using $22 million in capital… Read more
Continental Realty Corp. Names Dinstein Senior VP of Acquisitions
Baltimore-based commercial real estate investment and management company Continental Realty Corp. will expand to New York City and has tapped… Read more
Tishman Speyer Launches Affordable Platform with Initial Focus on NYC
Tishman Speyer has hired Gary Rodney to help establish and manage a new affordable housing platform with an initial focus on… Read more
Gemini Rosemont Completes East Village Assemblage
Gemini Rosemont Development, a New York City-based division of Gemini Rosemont Commercial Real Estate, acquired 38 Second Ave. in the East… Read more
Retail Vacancies Rise Along Key Corridors
New York City’s retail sector experienced significant deceleration in leasing activity in the first half of 2020 intensified by the… Read more
NYC Enters Phase 4 of Reopening
New York Gov. Andrew M. Cuomo said Friday that New York City was cleared to enter Phase Four of the… Read more
Are Large Financing Transactions Back?
By Paul Bubny Last month, SL Green Realty Corp. closed on a $510-million mortgage financing that was secured by 220… Read more
Austin Maintains High Ranking Among Tech-Talent Centers
Austin maintained its sixth-place ranking in CBRE’s Tech Talent Scorecard, part of its annual Scoring Tech Talent Report, which ranks… Read more
REBNY: Broker Confidence Ebbs Further as Tax Revenues Improve
There was a mix of positive and no-so-positive news in two Real Estate Board of New York (REBNY) reports issued… Read more
Nelson Management Acquires Forest Hills Apartments
Global One Real Estate Fund II, an affiliate of Nelson Management Group, acquired The John Adams, a 115-unit residential building… Read more
Silverback Makes Donations from Hero LIC Sales Contracts
Silverback Development recently announced a collaboration with BRC and LearningSpring School. For the first five sales contracts signed at Silverback’s Hero LIC condominium project in… Read more