New York
Lower East Side’s Blue Moon Hotel Reopens with High-Tech Guest Experience
The Lower East Side’s historic Blue Moon Hotel at 100 Orchard St. has unveiled a high-tech guest experience as it reopens following extensive refurbishment. The tenement-turned-boutique hotel has integrated the… Read more
Port of NY/NJ Sees Substantial Surges in Cargo Volume
As the national and local economies continued to recover amid the backdrop of the ongoing pandemic, the Port of New… Read more
REBNY and Civic Leaders Oppose Commercial Rent Control Measures
In advance of the City Council’s Sept. 17 hearing on its commercial rent control proposals, a broad coalition voiced strong opposition to the Council’s proposals… Read more
Hines Promotes Sarah Hawkins to East Region CEO
Sarah Hawkins, based in Hines’ New York Office, has been promoted to CEO of the U.S. East Region, effective immediately. Established… Read more
Eastern Union Secures Bridge Loan for Indianapolis Apartment Deal
Eastern Union secured a $9.75-million bridge loan to facilitate the acquisition financing of Meridian Towers, a 195-unit apartment building at 3710… Read more
Specialty Coffee Brand Will Open First U.S. Location in Financial District
Newmark Retail arranged a new 1,900-square-foot lease for the Australian premium coffee brand Ten Thousand Coffee, at 14 Wall St. This serves as the brand’s first stateside location. Newmark’s senior managing director Caleb Petersen represented the tenant, while senior managing Director Darrell Rubens represented… Read more
Compass’ Polsinelli Closes Second Phase of Medical Office Condo Sale
Adelaide Polsinelli, vice chairman of Compass, closed on the second phase of the sale of a package of seven medical… Read more
Twitter Lease Shows Office Space is Alive and Well
As an indication that remote work hasn’t killed office space, Twitter recently signed a 66,000-square-foot lease at the 18-story 1330… Read more
Newmark’s Stolly & Roeschlaub Arrange Refis for Meadow Partners and Davean
In two separate transactions, Newmark arranged a $27-million refinancing of 426-430 E. 14th St. on behalf of Meadow Partners and a $26-million refi on 103-105 MacDougal St. on behalf… Read more
MTA Completes New 42 St Shuttle Between Times Square and Grand Central
The Metropolitan Transportation Authority (MTA) on Friday celebrated the completion of the new 42 St Shuttle that connects Times Square and Grand Central Terminal. It’s the centerpiece of MTA’s broader 42 St… Read more
Natiivo Austin in the Rainey Street Historic District is Totally Sold Out
Natiivo Austin, a residential condominium development located at 48 East Ave. in the Rainey Street Historic District, is completely sold… Read more
NY State’s Highest Court “Definitively Ends” Legal Challenges to 200 Amsterdam
The New York Court of Appeals on Thursday denied an opposition group’s attempt to appeal a previous court’s ruling upholding the validity of 200 Amsterdam’s… Read more
Investment Firm Commits to Long-Term Renewal at 140 Broadway
Newmark arranged a 6,809-square-foot, long-term lease renewal for Alpine Global Management at 140 Broadway in Downtown Manhattan. Director Scott Gutnick and associate director Cooper Weisman represented the tenant on the transaction. A leading investment firm, Alpine specializes in event-driven trading of… Read more
Archdiocese of New York Names Director of Real Estate
Cardinal Timothy Dolan, Archbishop of New York, has appointed Paula Roy Carethers as director of real estate for the Archdiocese of New York. Founder of… Read more
Governors Island Inaugurates Fall Arts Week
The Trust for Governors Island announced the inaugural Fall Arts Week on Governors Island, a joint roster of exhibitions, open studios, events… Read more
Transwestern and OPEN Impact Arrange Expansion for Investment Group
Transwestern Real Estate Services represented Eurazeo in a 14,079-square-foot lease expansion and renewal for the investment firm’s U.S. headquarters at 745 Fifth… Read more
GAIA Makes First NYC Acquisition Since Onset of Pandemic
GAIA Real Estate has closed the $49.5-million acquisition of the East Village Portfolio, consisting of 71 apartment units across three contiguous residential buildings at 50-58… Read more
Avison’s Tri-State Team Closes Deal for Upper East Side Portfolio
Avison Young’s Tri-State Investment Sales Group has arranged the sale of a 12-building mixed-use and multifamily portfolio on the Upper East Side… Read more
Hudson Commons Developer Reportedly Seeks $1 Billion+ in Sale
Hudson Commons, a redeveloped office tower on Manhattan’s West Side, is hitting the market in a bet that investor appetite for New… Read more