New York City
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
Extell JVs with Tennor Holding on UWS Tower
Extell Development Company and Tennor Holding B.V. have formed a joint venture to co-develop 50 W. 66th St., a 775-foot residential tower on Manhattan’s Upper… Read more
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