New York
Moody’s: Apartment Outlook Takes Positive Turn
The outlook for the apartment sector has taken a positive turn, with effective rents expected to approach pre-pandemic levels in… Read more
ESRT Signs Two Office Tenants in Midtown
Empire State Realty Trust (ESRT) recently signed a new long-term office lease with Burlington Stores that nearly doubles the company’s footprint at… Read more
Thor Equities Debuts Luxury Hotel Brand in SoHo
Thor Equities Group has opened ModernHaus SoHo, a new luxury hotel in SoHo. A member of Preferred Hotels & Resorts and managed… Read more
Danny Meyer Will Chair Board of NYCEDC
Danny Meyer, founder of Union Square Hospitality Group and Shake Shack, was sworn in Wednesday as the board chairman of… Read more
CBRE Global Investors Adds Two Senior Officers to Credit Platform
CBRE Global Investors has expanded its credit platform, adding Michelle Liu in the Americas and Isabelle Brennan in the U.K. Based in… Read more
Lee NYC Hosts Blood Drive in Midtown South
Lee & Associates NYC recently partnered with the Real Estate Board of New York (REBNY) and New York Blood Center to… Read more
Biomanufacturing Firm Establishes HQ at Hudson Research Center
c16 Biosciences Inc. will establish its executive headquarters and biomanufacturing research lab within Taconic Partners and Silverstein Properties’ Hudson Research Center at… Read more
NB Partners Fund III Closes at $500M
Boston-based NorthBridge Partners and New York-based Park Madison Partners have announced the close of NB Partners Fund III LP. Fund… Read more
Flatiron/NoMad Commercial Market Showing Signs of Rebound
The Flatiron/23rd Street Partnership has released its Flatiron Quarterly Market Snapshot: Q1 2021, looking at real estate and economic data, news, and trends in Flatiron and… Read more
Port Authority Okays Scaled-Down Expansion Plan for Delta Terminal at JFK Airport
The Port Authority of New York and New Jersey approved agreement on key terms with Delta Air Lines and JFK… Read more
Deurbanization Means Two Different Things in Charlotte and San Francisco
On the question of office workers returning to the office as the economy reopens, Green Street’s view is that about… Read more
Warehouse Users Seek More Space as Hedge Against Supply Chain Volatility
A single ship caused what was literally a world of trouble. That ship was the 220,000-ton Ever Given container ship,… Read more
Restaurant Segments Are Recovering from 2020, Some Faster Than Others
Few segments of commercial real estate were hit as hard by the pandemic as restaurants, with many closing their doors… Read more
Moinian Group Will Take Full Ownership of Sky Resi Tower
The Moinian Group has agreed to acquire the final remaining 20% ownership in Sky, its 71-story residential tower at 605… Read more
Meridian’s Helen Hwang Lists East Midtown Apartment Property
Meridian Capital Group’s Institutional Investment Sales Group, led by Helen Hwang, has been appointed to sell The Centra, a 164-unit… Read more
Avenue Bellevue $700M Financing Ranks in Top Percentile
Avenue Bellevue LLC in partnership with Fortress Development has secured financing for its flagship project, a two-tower luxury condo, hotel… Read more
West Village Apartments Trade in Off-Market Deal
78-80 Christopher St. in the West Village has traded in an off-market transaction brokered by Alpha Realty’s Lev Mavashev and… Read more
Avison’s NY Investment Sales Group Markets Greenwich Village Parcel
The New York Investment Sales group for Avison Young has been tapped to market 519-527 Ave. of the Americas, a corner lot… Read more
Marcus Partners Increases Roles for Principals Ryan McDonough and Patrick Sousa
Boston-based real estate investment, management and development firm Marcus Partners has announced the promotion of two principals to key leadership… Read more