New York
GrowNYC Launches Cold-Storage Facility in Hunts Point
City and state officials joined nonprofit GrowNYC to celebrate the start of construction for the New York State Regional Food… Read more
WeWork to Go Public via Merger with Bow Capital SPAC
WeWork and BowX Acquisition Corp., a special purpose acquisition company launched by Menlo Park, CA-based Bow Capital, said Friday that… Read more
Annaly Reaches $2.3B Deal to Sell Its CRE Business
Annaly Capital Management said Thursday it had agreed to sell its commercial real estate business to Toronto-based Slate Asset Management… Read more
JLL Markets Hell’s Kitchen Warehouse for Sale
JLL Capital Markets is marketing a 75-foot-wide, three-story vacant commercial warehouse at 456 W. 55th St. in Hell’s Kitchen for… Read more
Janus Expands Manhattanville Factory District with Deal for Vacant Lot
The Janus Property Company has again expanded the footprint of the Manhattanville Factory District in West Harlem, acquiring 437 W.… Read more
Lendlease Names Americas Head for EH&S
Lendlease named Ray Master as head of environment, health & safety (EH&S), Americas. He’ll be based in Lendlease’s New York… Read more
Do You Know a Rising Star in CRE?
Connect Media’s 2020 Next Generation Awards shined a spotlight on an impressive list of more than 100 of commercial real… Read more
NYC Calls Back 80,000 Office-Using Employees Effective May 3
Eighty thousand New York City municipal employees will return to the office effective May 3, Mayor Bill de Blasio said… Read more
Online Financing Platform Lev Completes $10M Seed Round
Lev, the SoHo-based online commercial real estate financing transaction platform, completed a $10-million seed round. The seed investment was led… Read more
Brixbid Brings Auction-Based Apartment Leasing to Chicago
Brixbid, an auction-based apartment listing platform, has launched in the Chicago market. Conceived by commercial real estate veterans who own… Read more
Private Equity Firm Takes Two Floors at 425 Park Ave.
Global private equity firm Hellman & Friedman LLC has signed a lease to relocate its New York offices to L&L Holding Company’s 425… Read more
Freddie Mac’s Apartment Market Index Stays Positive Despite NOI Declines
Freddie Mac said its Multifamily Apartment Investment Market Index (AIMI) rose by 0.5% in the fourth quarter after rebounding in Q3. The… Read more
Nominate a Rising Star for Our Fifth Annual Next Generation Awards
Connect Media’s fourth annual Next Generation Awards in 2020 shone the spotlight on more than 100 of commercial real estate’s… Read more
Ahead of Reopening, The Shed Implements GoGuide for Capacity Monitoring
The Shed, the flexible arts center at 545 W.30th St. in Midtown South, has implemented GoGuide for capacity monitoring as… Read more
Life Sciences Hub on Upper West Side Scores $393M Financing
JLL Capital Markets arranged a $393-million construction financing for the redevelopment of 125 West End Ave. into a world-class life sciences… Read more
Boutique Advisory Firm Hopes to Fill Void in Luxury Hotel Space
The hotel industry is one of the hardest-hit industries as a result of the COVID-19 pandemic. In fact, hotels remain… Read more
WorkChew Seed Raise Points to Future Seattle Office
As more companies move to hybrid workplace models, many are contemplating how to keep remote employees engaged, happy and productive.… Read more
Boston Ranks Number 1 in Savills’ 2021 Science Cities Report
Boston has been ranked number 1 in Savills’ 2021 Science Cities report, edging out other science hubs like San Francisco,… Read more
Google Plans $7B Expansion of U.S. Offices, Data Centers in 2021
Alphabet’s Google unit plans to invest more than $7 billion in offices and data centers across the U.S. and create… Read more