New York
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
Renovated Fifth Avenue Tower Near Grand Central Comes to Market
Nuveen Real Estate has listed the circa-1925 office tower at 475 Fifth Ave. for sale. Crain’s New York Business reported the listing will… Read more
Closings Commence at SJP Properties’ Upper West Side Condo Tower
SJP Properties and Brown Harris Stevens Development Marketing have launched closings at 200 Amsterdam, the developer’s luxury condominium project on Manhattan’s Upper West Side. Located in the Lincoln… Read more
SL Green Sells Office/Retail Property for $1K/SF
SL Green Realty Corp. said Thursday it had sold 590 Fifth Ave. in Midtown Manhattan for a gross sale price of $103… Read more
Digital Marketing Firm Doubles Footprint with Sublease Deal
Savills’ Ken Biberaj, Jared Schwartz and Christopher Foerch represented Tinuiti, one of the largest independent marketing firms operating in the digital space, in a nine-year,… Read more
CushWake Markets Upper East Side Retail Mainstay
Cushman & Wakefield has been hired to arrange he sale of 1571-1573 Third Ave., two contiguous mixed-use buildings and home… Read more
Bilingual English-German School Expands Tribeca Presence
Manhattan Skyline Management Corp. arranged a new long-term agreement with the German School Manhattan (GSM) to lease 3,692 square feet of educational space at 85… Read more
FiDi Condo Tower Secures $167M Macquarie Loan
JLL Capital Markets secured $167 million in condominium inventory financing for Jolie at 77 Greenwich St., a 500-foot-tall, 90-unit residential condo tower in… Read more
High-End Spa Bathhouse Establishes First Manhattan Location
Newmark Retail arranged a long-term lease for the high-end spa Bathhouse for 34,328 square feet at 7 W. 21st St. in the Flatiron neighborhood.… Read more
A&E Acquires Second Sutton Place Apartment Tower
A&E Real Estate has acquired 400 E. 57th St., a 19-story, 263-unit multifamily building in Manhattan’s Sutton Place neighborhood, for an undisclosed sum. This is A&E’s second recent… Read more
Hospital for Special Surgery to Anchor Extell MOB Project
Extell Development Company will develop what it calls the first prime Class A medical office building on Manhattan’s Upper East… Read more
Ron Burkle Snags American Stock Exchange Building for Reported $155M
(Updated with additional information) Ron Burkle’s Yucaipa Partners has acquired the former headquarters of the American Stock Exchange at 86 Trinity… Read more
Meridian Arranges $45M Refi on Class-A Tempe Multifamily
Meridian Capital Group arranged $45 million in financing to refinance Hudson on Farmer, a Class-A multifamily property in Tempe, AZ. The 24-month… Read more