New York
Hard Rock Hotel Nears Completion in Midtown
The Hard Rock Hotel New York is nearing completion in Midtown Manhattan, and now accepting reservations for its official debut… Read more
Manhattan Mini Storage Trades for Reported $3 Billion
StorageMart, headquartered in Columbia, MO, said Friday it had agreed to acquire Manhattan Mini Storage (MMS) from Edison Properties. Although the purchase price wasn’t closed, published reports put it… Read more
Meridian Arranges Acquisition Loan for Retail Condo
Meridian Capital Group arranged $9.5 million in acquisition financing for the purchase of a retail condominium, located at 119 Second Ave. between Cooper Square and the… Read more
Adams Arranges Two Leases at Fashion District Offices
Adams & Co. signed two new tenants at 48 W.37th St. in Midtown’s Fashion District. The leases total 15,474 square feet and range… Read more
Altus Group Acquires Reonomy for US$202M
Altus Group Limited said Thursday evening it would acquire AI-powered data platform Reonomy for US$201.5 million. The transaction was expected to close on Nov. 12 “The combination of Reonomy’s AI-powered… Read more
New Commercial Office Building Opens at Former Home of Tribeca Film Festival
Newmark and Vanbarton Group said Wednesday that 15 Laight St. is ready for occupancy. The former home of the Tribeca Film Festival is now a newly… Read more
Telecom Company Takes Two Floors at Boutique Midtown Building
Avison Young’s New York office arranged a new 9,306-square-foot lease on behalf of ownership at 12 Penn Plaza. The tenant,… Read more
Hightower Advisors Branches Out with Three Manhattan Locations
Hightower Advisors will expand into three new Manhattan office locations to provide space for its corporate and advisory-business teams. In… Read more
Savanna Adds Two Tenants at Newly Opened Boutique Offices
Savanna has signed two new full-floor leases at The Six, its boutique office tower at 106 W. 56th St. in… Read more
Telemedicine Tenant Inks Full-Floor Lease with Kaufman in Midtown South
LifeMD, Inc., a direct-to-patient telemedicine company, signed a 7,500-square-foot lease at the Kaufman Organization’s 236 Fifth Ave. The company will occupy the entire… Read more
Meridian Arranges Acquisition Loan on Upper West Side Mixed-Use
Meridian Capital Group arranged $35 million in acquisition financing for 2875 Broadway, a mixed-use commercial property on Manhattan’s Upper West Side. The loan from a… Read more
JPMorgan Chase Leads $950M Refi on Midtown Tower Owned by Vornado and Trump
JPMorgan Chase is leading a $950-million refinancing on 1290 Ave. of the Americas, a 2.1-million-square-foot Midtown Manhattan office tower, according to… Read more
Verizon Signs on as Essex Crossing’s Anchor Office Tenant
Delancey Street Associates, a joint venture of Taconic Partners, L+M Development Partners, BFC Partners, the Prusik Group, and the Urban Investment… Read more
Parker Clay Focuses on Storefronts with Dallas, Austin Locations
Parker Clay, an Ethiopian leather goods brand with a mission to uplift at-risk women, will be in three locations, Chelsea… Read more
Look Past Vacancies to Predict Growth (or Decline) in Office Demand
A new report on the office-sector outlook by CCIM Institute chief economist and Red Shoe Economics founder KC Conway provides a lot to unpack. As part of… Read more
Nashville Sings a Different Tune with Campaign to Attract Tech Talent
It may wear the longtime nickname Music City with civic pride, but Nashville is serving notice that it’s a lure for people… Read more
CLEAR Nearly Triples Space in Relocation from Midtown
Secure identity company CLEAR signed a 119,000-square-foot lease at Vornado Realty Trust’s 85 Tenth Ave. On the border of West Chelsea and the Meatpacking… Read more
Arden Group Originates Mezz Loan on Times Square Margaritaville
Arden Group originated a two-year, $57-million mezzanine loan for the Margaritaville Resort Times Square, a 234-room resort hotel with extensive… Read more
Crane Index and Quarterly Cost Report Reveals Eye-Opening Stats
International property and construction consultancy firm Rider Levett Bucknall (RLB) recently released its latest Crane Index and Quarterly Cost Report.… Read more