New York
Ariel Closes Sales in West Harlem, Upper West Side
Ariel Property Advisors arranged the sale of two multifamily properties totaling $11.535 million located in West Harlem and Manhattan’s Upper… Read more
RPA Says NYC Region’s Transit Ridership Will Exceed Current Capacity
The Gateway Program and its expanded Trans-Hudson capacity is a necessary component of the region’s economic growth and environmental sustainability,… Read more
Podcast Production Company Finds Upgraded Midtown Space
Lee & Associates NYC represented Gotham Production Studios, a full-scale podcast production company, in a 4,896-square-foot lease at 251 W.… Read more
Chicago Life Sciences Job Growth Ranks Among the Top
Chicago’s life sciences industry, touted by economic development experts as one of the city’s next big business sectors, ranks among… Read more
Delancey Street JV Closes on $466M Essex Crossing Refi
Delancey Street Associates, a joint venture of Taconic Partners, L+M Development Partners, BFC Partners, the Prusik Group, and the Urban… Read more
Redfin: Median Asking Apartment Rent Tops $2,000 For First Time Ever
The median monthly asking rent in the U.S. surpassed $2,000 for the first time in May, rising 15% year over… Read more
Cleveland High Density Data Center Acquired by Strategic Datasphere
StratCap’s institutional data center real estate investment platform, Strategic Datasphere, LLC, has completed the acquisition of a 187,000 square foot… Read more
Greystone Adds Freddie Mac SVP to Multifamily Team
Rich Martinez will join Greystone as an executive managing director, multifamily sales & production in mid-June, based in New York.… Read more
Lendlease Names Managing Director of Development for Americas
Lendlease has appointed Mark Dickinson to the role of managing director of development for its Americas region. Dickinson is based… Read more
McKissack & McKissack to Relocate Headquarters to Seventh Avenue
George Comfort & Sons has signed McKissack & McKissack to a headquarters lease at the reimagined 498 Seventh Ave. office… Read more
BNP Paribas in Official Reopening of Former Equitable Center After Major Facelift
BNP Paribas, among the EU’s leading banks, recently announced the official opening of its redesigned office building at 787 Seventh Ave.… Read more
Fairstead Launches Housing Lottery for Renovated Park 79
Fairstead, the NYC Department of Housing Preservation & Development (HPD), and Project FIND have launched Park 79’s housing lottery on… Read more
SL Green Divests Former WeWork Space on Fifth Avenue
SL Green Realty Corp. has agreed to sell the vacant office condominium at 609 Fifth Ave., formerly occupied in its… Read more
Arch Refis Greenwich Village Offices with $71M Bridge Loan
Arch Companies has closed on the refinancing of 88 University Pl., an office property in Greenwich Village, with a $70.5-million… Read more
Handler Real Estate Arranges Six Leases at 44 W. 37th
Handler Real Estate Organization arranged more than 27,000 square feet of office and retail leasing at Azul NYC’s 44 W.… Read more
Breaking News: Iconiq Acquires Minority Stake in Madison Realty Capital
Alternative asset manager Iconiq Investment Management has acquired a minority stake in New York’s Madison Realty Capital, a transaction that… Read more
Canada’s $21B Otera Capital Opens New York Office as Firm Boosts Focus on U.S. CRE Financings
Canada’s Otera Capital, a $21-billion in assets major commercial real estate player that has lately been especially active in commercial… Read more
NYCEDC, Health + Hospitals Launch Resiliency Project in East Harlem
NYC Health + Hospitals and the New York City Economic Development Corporation (NYCEDC) broke ground on a new flood protection… Read more
San Diego Rents Continue to Skyrocket
While no longer in the nation’s top-five, San Diego’s rental prices continued to climb in May and now stands at… Read more