New York
Lower Manhattan Fundamentals Continue Rebounding in Q2
The second quarter found Lower Manhattan real estate fundamentals continuing to recover, the Alliance for Downtown New York reported. Median apartment rents… Read more
National Public Media Takes Full Floor in Midtown
Cushman & Wakefield and strategic alliance partner JRT Realty Group have arranged a long-term lease for National Public Media at 200 W.… Read more
Avison Young Brings in Dorothy Alpert as Tri-State President
Dorothy L. Alpert is joining Avison Young as its new Tri-State president and principal, with Arthur Mirante transitioning to the role of… Read more
KPG Enters Ground Lease to Develop Boutique Offices in Greenwich Village
KPG Funds entered into a 99-year ground lease at 132 W. 14th St. in Greenwich Village. KPG plans to develop a contemporary class A office… Read more
Lee NYC’s Kapnick Brings Michelin-Starred Eatery to Harlem
Lee & Associates NYC’s Mark Kapnick recently completed three retail leases, including a Michelin-Starred restaurant, in three different neighborhoods – Harlem, Murray… Read more
Public-Private Partnership Will Build $4B Terminal at JFK Airport
The Port Authority of New York and New Jersey’s board of commissioners has approved a public-private partnership with JFK Millennium… Read more
De Blasio Releases Plan to Extend BQE’s Life for 20 More Years
The de Blasio administration on Wednesday released a plan to extend the life of the Brooklyn-Queens Expressway (BQE) cantilever for… Read more
Nominate a Woman in Real Estate for Our 2021 Awards
The 2020 Women in Real Estate Awards drew the best industry response, in terms of the sheer number of nominations,… Read more
Paramount Closes $860M Refi on 1301 Ave. of the Americas
Paramount Group has completed an $860-million refinancing of 1301 Avenue of the Americas, its 1.7-million-square-foot trophy office building in Midtown… Read more
Chainalysis Triples Footprint in Relocation Sublease
Savills represented Chainalysis in a 38,804-square-foot sublease at 114 Fifth Ave. The blockchain data platform, which has raised $300 million in… Read more
Flatiron/23rd Street BID Set to Expand
The New York City Council voted to approve legislation that will expand the boundaries of the Flatiron/23rd Street Partnership Business Improvement… Read more
Lument Arranges $50M Acquisition Loan on Indy Apartments
Lument recently closed a $50.4-million Freddie Mac loan to facilitate the acquisition of Gramercy Apartments, a 436-unit multifamily community in… Read more
CycleBar, Pure Barre Backfill Upper East Side Space Vacated by Flywheel
Providing more evidence that in-person fitness classes are continuing their post-COVID-19 comeback, The Feil Organization has signed CycleBar and Pure… Read more
Adams Brings Flatiron District Offices to 100% Occupancy
Adams & Co. arranged leases totaling 16,782 square feet at 49 W. 23rd St., bringing the Flatiron District office property building… Read more
Boston Properties Expands Manhattan Portfolio into Midtown South
Boston Properties (BXP) said Tuesday it had agreed to acquire 360 Park Ave, South, a 450,000 square-foot, 20-story office property… Read more
Merger of Benefit Street, Capstead Will Create Fourth-Largest Commercial Mortgage REIT
Benefit Street Partners Realty Trust (BSPRT), a publicly-registered, non-listed REIT based in New York, and Dallas-based Capstead Mortgage Corporation have… Read more
Taconic Closes on Refi for Boutique Union Square Office Property
Taconic Partners closed on a $125-million refinancing loan for its boutique, fully redeveloped Union Square office building, 817 Broadway. The… Read more
Search Firm Establishes NYC Presence with Hudson Commons Lease
Haddonfield, NJ-based executive search firm True is expanding its footprint by establishing a New York presence at Cove Property Group’s… Read more
Resnick Signs Mattress Firm to Flagship Location
Jack Resnick & Sons has signed specialty retailer Mattress Firm to create a new flagship at the retail base of 200 Chambers… Read more