New York
Industrious Will Debut New Workspace Format at 190 Bowery
Flexible workspace provider Industrious will open The Parlor, a new open workspace format inside 190 Bowery. Industrious will operate a total 35,000… Read more
SL Green, Wharton Properties Divest Upper East Side Jewelry Store
SL Green Realty Corp. and its joint venture partner, Jeff Sutton’s Wharton Properties, closed on the sale of 690 Madison… Read more
Ziegler Closes $633M Financing for NYC’s First CCRC
Specialty investment bank Ziegler has closed on $632,925,000 financing for River’s Edge, reportedly the largest senior living tax-exempt bond transaction… Read more
RXR Closes on Financing for FiDi Office-to-Resi Conversion
RXR, in partnership with One Investment Management, has closed on more financing for the $500-million-plus office-to-residential conversion of 61 Broadway,… Read more
Betches Media Relocates Headquarters to Park Avenue South
Savills has arranged a 23,038-square-foot lease for Betches Media, a digital media company for young women, at 360 Park Ave.… Read more
Wells Fargo to Open Branch Locations as Part of Chicago Expansion
Wells Fargo plans to open ten branches locally this year, including its first in Orland Park, as part of its… Read more
Olayan’s 550 Madison Ave. Secures $800M Refi
Cushman & Wakefield and Greystone have arranged an $800-million loan to refinance The Olayan Group’s 550 Madison Ave., a 41-story landmarked office tower… Read more
Fanatics Expands West Village Lease to Entire Building
Fanatics Holdings, a global sports platform and leading provider of licensed sports merchandise, has signed a long-term lease to become the… Read more
KBRA Reports January Increases in CMBS Delinquency, Distress Rates
Kroll Bond Rating Agency reported the 30+ day delinquency rate among KBRA-rated U.S. private label CMBS increased to 8.1% in… Read more
Global Holdings Secures $450M Refi on NoMad Tower
Global Holdings said Wednesday it has secured a $450-million refinancing for 1250 Broadway, branded as Nomad Tower, its 39-story, LEED Platinum-certified office… Read more
American Express to Build New Global Headquarters at 2 World Trade Center
Confirming earlier published reports, American Express said Wednesday it will relocate its global headquarters to 2 World Trade Center in… Read more
Free-Market Yorkville Apartments Go for $660K Per Unit
Marcus & Millichap finalized the sale of 443 E. 88th St., a 25-unit apartment building in Manhattan’s Yorkville neighborhood. The property sold for $16.5… Read more
Two Trees Signs Seven New Office Tenants in DUMBO
Two Trees Management Co. has secured seven new office leases in DUMBO, signing Think! Architecture + Design, Group Project Design, Clarity Cubed, Rovi Health, Bonside, CTS Builders and Veda… Read more
U.S. Home Prices Post Smallest Annual Gain Since 2011
S&P Dow Jones Indices said Tuesday that the S&P Cotality Case-Shiller U.S. National Home Price NSA Index posted a 1.3%… Read more
Toll Brothers Nabs West Chelsea Development Site for $53M
Adirondack Capital Partners (ACP), a boutique capital markets advisory firm, said Monday that Toll Brothers has acquired a premier development site at 118 Tenth… Read more
Australian Restaurant Chain Continues NYC Expansion with Upper West Side Lease
Global Holdings said Monday that Australian restaurant chain THISBOWL has signed a 1,989-square-foot, 10-year lease at 1880 Broadway on the Upper West… Read more
Office Sale Prices Post First Annual Increase Since 2021
The average sale price of an office building ended 2025 with the first increase since 2021, CommercialCafe reported, citing Yardi… Read more
ESRT Taps Newmark to Lease Up 130 Mercer Offices in SoHo
Newmark has been appointed exclusive leasing agent for 130 Mercer, the Scholastic Building in SoHo, on behalf of the new owner,… Read more