New York City
New York Investor Claims Milpitas R&D Facility for $41M
New York City-based Empire Square Group acquired a 102,668-square-foot R&D facility in Milpitas from a JV between affiliates of Westport… Read more
Cuomo, Murphy Outline States’ Reopening Plans, But Not Timetables
Noting that ”this is not a homogenous state,” New York Gov. Andrew Cuomo said Monday that some regions of the… Read more
RPT’s Shopping Centers Are Open for Business
By Paul Bubny Amid the COVID-19 pandemic, owners of enclosed malls largely shut down for the duration, either due to… Read more
Q&A with Skender’s Jeff Janicek on Hospitals’ Rapid Response
Across Chicago and the metro area, the onset of the COVID-19 pandemic created a new urgency for hospitals to prepare.… Read more
W&D Webcast: Barry Sternlicht Wants the U.S. to Reopen, Safely
“The financial suicide of the country is not in anyone’s best interests.” That’s Barry Sternlicht, who has piloted Starwood Capital… Read more
NYC Apartment Landlords Seek Federal Help
New York City’s multifamily landlords say they need federal help to avoid a devastating blow to the housing system from… Read more
NYC Multifamily Sales Rose 39% Before Pandemic
Following a tumultuous 2019 due to the passage of sweeping rent-reform legislation, New York City multifamily investment sales were off… Read more
Marx Realty Acquires D.C.’s Herald Building with Transformation Plans
New York City-based Marx Realty has acquired The Herald Building in Washington, D.C. for $41 million. The firm plans to invest… Read more
NYC Will Launch Local Production of COVID-19 Test Kits
Mayor Bill de Blasio said Tuesday that New York City would soon have manufacturing capacity to produce its own coronavirus… Read more
NY Investor Snaps Up Lowell Walgreens
Marcus & Millichap arranged the sale of 1765 Middlesex St. in Lowell, MA. The site is currently occupied by Walgreens, and… Read more
REBNY, Others Offer Relief Plan for Small Businesses
A group including the Real Estate Board of New York (REBNY) proposed plans for relief to New York City’s small… Read more
Stanley Chera, Crown Acquisitions Founder, Dies at 78
Crown Acquisitions founder Stanley Chera died Saturday after a nearly month-long battle with the novel coronavirus, the New York Post… Read more
Greystar to Build Student Housing Near Virginia Tech
A 517,000-square-foot student housing community will be built near Virginia Tech in Blacksburg, VA. New York City-based Eyzenberg & Co. structured… Read more
Seattle Drops on Construction Crane Index
Seattle no longer holds the crane count crown on Rider Levett Bucknall’s Crane Index. The Emerald City’s 36 cranes is… Read more
B6 Adds Capital Markets Veteran Trisha Connolly
B6 Real Estate Advisors has hired Trisha Connolly as senior managing director in its capital advisory division. Connolly has originated more than… Read more
Walker & Dunlop Provides $340M Acquisition Financing for Cortland
Bethesda, MD-based Walker & Dunlop, Inc. structured $340,097,797 in financing for Atlanta-based Cortland’s landmark acquisition of PURE Multi-Family REIT. The… Read more
Berkadia Adds JLL’s Skok and Bond in Chicago
Berkadia has added three new managing directors to its mortgage banking team. Steve Skok and Jason Bond will be based… Read more
Bushwick Development Site to Become Luxury Rentals
Rosewood Realty Group completed the $16.69-million sale of a 130,000-square-foot development site in Bushwick, Brooklyn that is set to become a… Read more
Top Broker Honoree: NKF’s Chris Mongeluzo
NKF Vice Chairman Chris Mongeluzo is recognized as one of the foremost real estate advisors to the New York City… Read more