New York
Stonehenge NYC Snags Circa-2002 UES Rentals
Stonehenge NYC and Stockbridge Capital Group have closed on the purchase of The Cole from Carmel Partners for $128.2 million.… Read more
GFI Secures $195M Refi on Beekman Hotel
An affiliate of GFI Capital Resources completed a $195-million refinancing of The Beekman, a Thompson Hotel managed by Hyatt Hotels… Read more
Wendel North America Inks Long-Term Lease at 101 Park Ave.
Cushman & Wakefield arranged a long-term, 8,402-square-foot lease for Wendel North America at 101 Park Ave.in Midtown, steps from Grand… Read more
Berkadia Webinar Charts What’s Ahead Following “Incredible Year for Multifamily”
“Without overstating the obvious, 2021 was an incredible year for the multifamily industry,” Berkadia CEO Justin Wheeler said at the… Read more
Savanna Inks Three Full-Floor Leases at 521 Fifth Ave.
Savanna has finalized two new leases and a lease extension and expansion totaling 30,300 square feet at 521 Fifth Ave.,… Read more
JLL Brokers Investment Firms’ Moves to Park Avenue Tower
JLL has brokered two full-floor transactions for a total of 31,951 square feet at 65 E. 55th St., also known… Read more
Retailing Startup Leap Completes $50M Series B Round
Leap, a retailing startup that enables e-commerce brands to establish brick-and-mortar stores, completed a $50-million Series B financing. The round… Read more
Innovation Economy Will Drive CRE’s Next Recovery Cycle
As the global economy continues to improve despite ongoing challenges, innovation-oriented industries and availability of talent will be key growth… Read more
Fisher Brothers Reaches 100% Occupancy at Park Avenue Plaza
Fisher Brother’ Park Avenue Plaza at 55 E. 52nd St. is now 100% percent leased. Existing tenants Evercore, General Atlantic… Read more
Greystone Arranges $125M Bridge Loan on Harlem Multifamily
Greystone arranged a $125-million loan on behalf of Blumenfeld Development Group (BDG) for The Smile, a 233-unit class-A multifamily project… Read more
LaGuardia Airport’s $4B Terminal B Reaches Completion
The opening of the western skybridge at LaGuardia Airport’s $4-billion new Terminal B on Thursday marked the completion of construction… Read more
Rosewood Realty Group Brokers $77M Sale of Gainesville Multifamily
Rosewood Realty Group has sold a 322-unit multifamily development in Gainesville, FL for $77 million. Evergreen Uptown Village sold for… Read more
SJP, PGIM Unveil New Amenities at 470 Park South
SJP Properties and PGIM Real Estate unveiled a suite of purpose-built indoor and outdoor lifestyle amenities at 470 Park Ave. South, a boutique office and retail… Read more
WatermanClark, Brookfield Launch Lever House Redevelopment
WatermanClark, LLC and Brookfield Properties have begun an extensive renovation of Lever House at 390 Park Ave. The $100-million redevelopment plan will… Read more
Heller Organization Serves Up New Home for T-Bar Steak & Lounge
The Heller Organization’s Michael Gavin and Joshua Singer have arranged a 12-year lease at 116 E. 60th St. for T-Bar Steak & Lounge. The expansive three-level,… Read more
Still Here NYC Joins Industry City Tenant Roster
Fashion brand Still Here NYC has joined the tenant roster at Industry City in Sunset Park with a 1,246-square-foot lease, bringing the total number of… Read more
Centerbridge Exceeds Target with $2.3B Real Estate Fund
Private investment firm Centerbridge Partners, L.P. has closed its second real estate fund, Centerbridge Partners Real Estate Fund II (CPREF II), with $2.3 billion in capital… Read more
Hines Hires Portfolio Acquisition Lead
Hines has hired Gary Evans as managing director – portfolio acquisitions, based in New York. Joining Hines with more than… Read more
Lee NYC Brings One Medical to 919 Third Ave.
Lee & Associates NYC represented SL Green Realty Corp. in a new lease with One Medical, a membership-based primary care practice, for 4,615 square feet… Read more