New York
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
Maverick Surpasses Fundraising Target with Latest Vehicle
Maverick Real Estate Partners has reached the closing for its latest real estate credit fund, Maverick Lien Fund VI LP, with total equity… Read more
Hochul Proposes Scaled-Down Plan for Penn Station Redevelopment
Gov. Kathy Hochul on Wednesday unveiled a scaled-down plan for redeveloping Penn Station in Midtown Manhattan, one that she said would reflect the… Read more
CushWake Team Closes Sale of Six Metro Portfolio Properties
Cushman & Wakefield has finalized the sale of six multifamily properties in Midtown and Downtown Manhattan, dubbed The Metro Portfolio, for a… Read more
Brooklyn’s First Supertall Tower Tops Out at 1,066 Feet
JDS Development Group and SHoP Architects have topped out construction on The Brooklyn Tower at 9 DeKalb Ave. in Brooklyn. At 1,066 feet in height, the 93-story… Read more
Microsoft Leases Five Floors at Flatiron District Offices
Microsoft Corp. signed a long-term lease for approximately 150,000 square feet at Bromley Companies’ 122 Fifth Ave. in the Flatiron district. The five-floor lease was made… Read more
JLL Team Markets Turnkey Apartments on Upper West Side
JLL Capital Markets is marketing for sale 203 W. 80th St. on Manhattan’s Upper West Side. The seller of the 10-unit, fully… Read more
Owner of 245 Park in NYC, 181 W. Madison in Chicago Files for Chapter 11
PWM Property Management, an HNA Group venture that owns 245 Park Ave. in Midtown Manhattan and 181 W. Madison St. in Chicago, said Monday it had… Read more
Rock Group Formally Opens Its First Manhattan Residential Tower
With the illumination of decorative lighting atop the 45-story project, Rockefeller Group has formally opened Rose Hill, its first residential tower in Manhattan. Located at 30 E.… Read more