New York
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
Terreno Acquires Anaheim Industrial Property for $15M
San Francisco-based Terreno Realty Corporation has announced the acquisition of a vacant, industrial property in Anaheim, CA for $15 million.… Read more
GFP Secures $60M Refi for 200 Varick St.
GFP Real Estate has closed on a $60,000,000 loan from Apple Bank to refinance 200 Varick St., a 12-story, 490,000-square-foot office… Read more
CD&R Expands Office Presence at Longtime Seagram Building Home
Private equity firm Clayton, Dubilier & Rice (CD&R) extended its term at RFR’s Seagram Building and expanded its presence at… Read more
Angelo Gordon Closes Distressed Debt Fund at $3.1B
Angelo Gordon has reached the final close of the AG Credit Solutions Fund II, L.P. with $3.1 billion of equity… Read more
Taconic Capital Closes on its Third Real Estate Fund, with Focus on Distress
New York-based Taconic Capital Advisors, a global institutional investment firm, has closed its third real estate fund, Taconic CRE Dislocation… Read more
Jeweler Ted Muehling Finds New Shop Space in Tribeca
Newmark Retail completed a 4,400–square-foot lease with high-end jeweler Ted Muehling at 104 Franklin St. in Lower Manhattan’s Tribeca neighborhood. Managing director Andrew Stern and… Read more
ESRT Signs Music Group to Newly Revamped 250 West 57th
Empire State Realty Trust (ESRT) has signed SESAC Music Group, a music rights management and content company, for the full… Read more
Columbia Property Trust Signs Wellington Management to Four Full Floors at 799 Broadway
Columbia Property Trust has signed money manager Wellington Management to four full floors at 799 Broadway, its newly completed ground-up… Read more
RFR Tallies Nearly 50K SF of Leases at 17 State St.
RFR has added nearly 50,000 square feet of new and extended/expanded office leases at 17 State St. in Lower Manhattan. … Read more
Panera Bread Will Open Flagship Store at Hearst Tower
Cushman & Wakefield arranged a long-term, 2,510-square-foot lease for Panera Bread at Hearst Tower located at 949 Eighth Ave. on… Read more
Monroe Capital Adds Investments Veteran as Managing Director
Gila Cohen has joined Chicago-based Monroe Capital as managing director, head of global institutional partnerships, based in New York. She… Read more