New York
Latham & Watkins Expansion Brings 1271 Sixth Ave. to Full Occupancy
Global law firm Latham & Watkins LLP has leased an additional half floor at Rockefeller Group’s 1271 Ave. of the Americas. The… Read more
Financial Technology Firm Relocates HQ to Austin
Green Dot Corp. is the latest company to leave California for Texas, relocating its corporate headquarters from Pasadena, CA to… Read more
Freight Bottlenecks Cost U.S. Economy $42B in 2019
Freight bottlenecks cost the U.S. economy more than $42 billion in 2019, a hidden tax on the American people that… Read more
BHI Furnishes $60M for Bulk Condo Deal in Hell’s Kitchen
BHI, a full-service commercial bank, provided $60 million in financing for the bulk acquisition of 70 residential condominium units in… Read more
AI-Driven Fundraising Platform Leases Headquarters Space at Industry City
Fundraise Up—an AI-powered fundraising platform for nonprofits including UNICEF USA, the American Heart Association and the World Health Organization Foundation—has opened… Read more
Latch Expands Platform into Office Sector
Latch, Inc. has expanded its full-building enterprise software-as-a-service (SaaS) platform, LatchOS, into commercial offices. LatchOS for offices is launching with Latch Visitor Express, a new contactless visitor… Read more
Google Will Open First Physical Store Near Chelsea Campus
Google plans to open its first-ever physical store in Chelsea, near its urban campus that includes its New York headquarters,… Read more
RICS Sees Infrastructure Focus Driving Americas Construction Uptick
RICS’ global Q1 2021 Construction Monitor shows that activity is continuing to pick up gradually for the Americas. Both Canada and the… Read more
JLL Adds SVP for Hotel Asset Management
JLL Hotels & Hospitality has hired 15-year hotel industry veteran Erin Green as SVP for the company’s Global Hotel Asset Management… Read more
East Coast Warehouse Inks 500K-SF Industrial Lease in Savannah
Temperature-controlled logistics services provider East Coast Warehouse has signed a 499,200-square-foot industrial lease in Savannah at 521 Morgan Lakes Blvd.… Read more
New Empire Launches Sales at LES Condos
Sales have officially commenced at New Empire Corp.’s 208 Delancey, a 12-story, 85-unit new luxury condominium on Manhattan’s Lower East Side, reportedly… Read more
Paramount Group Plans $250M Makeover for 60 Wall St.
Paramount Group plans to launch a $250-million makeover of 60 Wall St. as soon as Deutsche Bank, the Financial District… Read more
Compass’ Adelaide Polsinelli Closes on Sale of West Village Rentals
Vice chairman Adelaide Polsinelli and her Compass colleague Udi Eliasi closed on the sale of a West Village residential property… Read more
LCOR Refis North Bethesda Apartments for $72M
Newmark recently arranged a $72-million loan for the refinancing of Wentworth Apartment Homes, a Class A multifamily asset in North… Read more
Brookfield Targets $100B of Fundraising for Flagship Funds
Brookfield Asset Management is targeting US$100 billion of capital for its next round of flagship funds, CEO Bruce Flatt wrote… Read more
IBM Spinoff Kyndryl Signs HQ Lease at One Vanderbilt
SL Green Realty Corp. signed Kyndryl to a 22,531-square-foot, nine-year lease at One Vanderbilt Ave. for its global headquarters. Kyndryl… Read more
Midsize Cities May Lead the Charge in the Recovery
While the pandemic-fueled flow of jobs and residents out of New York, San Francisco and other large coastal cities will… Read more
Klövern, GDSNY Expand Midtown Development Site with “Add-On Acquisition”
Development partners Klövern AB of Sweden and New York-based GDS Development Management (GDSNY) have acquired 407 Park Ave. within the… Read more
SoHo Rental Project is First Investment for Columbia Pacific Fund
Seattle-based Columbia Pacific Advisors has launched the Columbia Pacific Recovery Fund to provide capital to real estate owners and developers affected by… Read more