New York
$174M Purchase of EAST Miami Hotel Makes Use of $120M Loan by CBRE
CBRE has arranged a $120.1 million loan for the $174 million purchase of the EAST Miami hotel to a joint… Read more
Broadway Construction Group Adding Resi in Prime East Village Location
Broadway Construction Group (BCG) will develop a residential project at 351 E.10th St. In the East Village. The proposed development entails construction of… Read more
RFR Signs Mix of New and Renewal Leases at Seagram Building
RFR secured 46,000 square feet of leasing at the Seagram Building, marking an acceleration of deal activity as the firm… Read more
Taconic Partnership Acquires Upper East Side Loft Offices, Plans Redevelopment
Taconic Partners, Nuveen Real Estate and Flatiron Equities acquired 309 E. 94th St. and 324 East 95th St. for $70 million. Barry Goodman, senior managing director at Newmark, assisted… Read more
HSBC Building at 452 Fifth Ave. Set for New Ownership
Israel’s Property and Building Corp has agreed to sell the HSBC Tower building at 452 Fifth Ave. in Midtown Manhattan for $855 million… Read moreCushWake, Greystone Close on Strategic Joint Venture
Cushman & Wakefield has finalized its strategic investment of $500 million in Greystone, acquiring a 40% stake in Greystone’s agency, FHA and servicing businesses. With… Read more
SL Green Sells 25% Stake in One Madison, Inks Major Expansion with Bloomberg
SL Green Realty Corp. had a busy day on Monday, announcing three sales across Manhattan with a combined value of nearly $420 million while also executing a headquarters expansion with Bloomberg LP. In the… Read more
John Deerkoski Joines Thornton Tomasetti to Co-Lead Transportation Practice
John C. Deerkoski has joined Thornton Tomasetti as senior principal and transportation practice co-leader. Based in the New York office, Deerkoski will partner with transportation practice co-leader Sam Summerville on… Read more
RFR Inks New Leases, Renewal at Renovated 477 Madison
RFR signed two new tenants and renewed with an existing tenant at its newly renovated 477 Madison Ave. office building. Private equity firm Ariel… Read more
NY State Okays Bond Sale to Refi One World Trade Center Debt
New York Liberty Development Corp., a state agency created in 2002 to help rebuild Lower Manhattan after 9/11, approved $700 million in bonds to refinance… Read more
Stephen B. Jacobs Group Renews at Longtime Flatiron District Home
Manhattan-based architectural and interior design firm Stephen B. Jacobs Group, PC has completed a three-year, 14,000 square-foot lease renewal at ATCO… Read more
Alvarez & Marsal Property Solutions Hires Two Senior Directors
Alvarez & Marsal Property Solutions (AMPS) hired Joshua Lewin and Fritz Kemerling as senior directors. Lewin joins AMPS from Isaacs and Company, where he advised retail tenants… Read more
JLL Arranges $690M Financing on BREIT Industrial Portfolio
A Dallas-based JLL Capital Markets team arranged a $690-million financing on behalf of Blackstone Real Estate Income Trust for a portfolio of… Read more
Apollo to Acquire Griffin Capital’s Wealth Distribution, Asset Management Units
Apollo said Thursday it would acquire the U.S. wealth distribution and asset management businesses of Griffin Capital. Terms weren’t disclosed. The acquisition… Read more
Walker & Dunlop Lines Up $170M Loan on Historic Fifth Avenue Mixed-Use
Walker & Dunlop, Inc. arranged $170,000,000 in financing from PCCP, LLC for 122 Fifth Ave., a historic mixed-use office and retail building between West 17th… Read more
BOMA New York Leadership Breakfast Delves into City’s New Construction Code
Toward the end of November, BOMA New York produced its Annual Leadership Breakfast at Club 101. Sponsored by Arrow Security,… Read more
Klosed Properties Snaps Up Mixed-Use on Upper West Side
Avison Young’s New York office arranged the sale of 2651-2657 Broadway, a mixed-use building on the corner of Broadway and… Read more
Army Corps of Engineers Gives Final Sign-Off on Gateway Tunnel Project
The U.S. Army Corps of Engineers has signed off on the Gateway Tunnel project, providing the final federal approval needed to construct a new… Read more
Meta’s Sunnyvale Commitment is Year’s Largest Private Sector Office Lease
Tishman Speyer has signed Meta, the parent company of Facebook, to 719,037 square feet at its Sunnyvale, CA office campus. It’s believed to be the largest… Read more