New York City
E-commerce Demand Drives Industrial Velocity in NYC
New York City’s industrial market continued to perform well during the second quarter despite the economic shutdown brought on by… Read more
Armada Hoffler, WeWork Terminate 69K-SF Office Lease in Baltimore
Armada Hoffler Properties and WeWork have agreed to terminate WeWork’s 69,000-square-foot office lease at Wills Wharf in Baltimore’s Harbor Point.… Read more
JCPenney Closes 150K-SF Manhattan Mall Location
JCPenney is closing two of its five remaining New York City stores, the retailer announced Tuesday. The 150,000-square-foot Manhattan Mall… Read more
NYC Schools Will Reopen on Limited In-Person Schedule
New York City’s public schools will reopen in September, assuming the city continues to meet all necessary COVID-19 public health… Read more
MTA Will Deploy 9,000 More Screens Across Subway System
The Metropolitan Transportation Authority (MTA) said Tuesday it would deploy 9,000 new digital screens across New York City’s subway system… Read more
Downstate Regions All Advance in Phased Reopening
New York City entered Phase III of reopening on Monday, without indoor dining and subject to comprehensive state guidance. The… Read more
Dime Forges Merger Pact with Bridge Bancorp
Brooklyn-based Dime Community Bancshares and Bridgehampton, NY-based Bridge Bancorp Inc. have agreed to an all-stock merger valued at $489 million.… Read more
DWNTWN Realty Hires Lerner and Stepner as Executives in Miami
Commercial real estate firm DWNTWN Realty Advisors has hired David Lerner and Myles Stepner as executives in Miami. Lerner will… Read more
Greystone, Lappin JV on Affordable Housing Platform
Greystone and Lappin Associates, a leading affordable housing advisory and development services firm, formed a joint venture that will aim… Read more
Mo Beler Joins Walker & Dunlop’s NYC Capital Markets Team
Walker & Dunlop acquired Beler Advisory Group, an independent real estate advisory firm based in New York City. The firm’s key… Read more
NYC Poised for Next Phase of Reopening
New York City is currently on track to move into phase three of the state’s phased reopening timeline as early… Read more
Loganville Retail Property Trades for $16M
New York City-based Big V Group has acquired North Logan Commons, a 175,969-square-foot retail property in Loganville for $15.6 million.… Read more
Amazon Commits to 1M SF in Queens
Amazon has signed a lease for one million square feet at a property owned by RXR Realty and LBA Logistics… Read more
2020 NYC Marathon Canceled Over COVID Concerns
The 2020 TCS New York City Marathon, scheduled for Nov. 1, has been canceled. Event organizer New York Road Runners… Read more
Charting the COVID-19 CRE Market with Clear Vision
By Dennis Kaiser A familiar storyline is emerging as the COVID-19 pandemic unfurls this spring that uncannily runs in a… Read more
Skanska Unveils Design for 25-Story Bellevue Tower
New York City-based Skanska unveiled updated designs for The Eight, a planned mixed-use office tower in downtown Bellevue. The site at… Read more
Yankees, Mets to Conduct Spring Training in NYC
New York Gov. Andrew M. Cuomo said Saturday the Yankees and Mets baseball teams would hold spring training in New… Read more
San Francisco MF Rents Reverse Course, Record Regression Reported
New research shows the multifamily sector in key U.S. markets is starting to reflect the challenges of a COVID-19 induced… Read more
Net Lease Sales Volume Hit Four-Quarter Record in Q1
Net-lease investment volume increased by 34.6% to $78.9 billion for the year ending March 31, the highest four-quarter total on… Read more