New York
Nonprofit Expands with Location at 211 E. 43rd
Avison Young arranged a five-year, 6,886-square-foot lease for Urban Resource Institute at 211 E. 43rd St. in Midtown East. An Avison Young team… Read more
Avison Tapped to Lease 12 Penn Plaza
Avison Young New York has been named leasing agent for 12 Penn Plaza, a 35,165-square-foot, six-story boutique office building in Midtown Manhattan across from Penn Station. The… Read more
Business Leaders Sound the Alarm on Deteriorating NYC Conditions
With dozens of the city’s commercial real estate leaders among its 150-plus signatories, an open letter spearheaded by the Partnership… Read more
Cambridge Associates Upsizes at 437 Madison
Global investment firm Cambridge Associates is relocating and expanding within the William Kaufman Organization’s 437 Madison Ave. in the Plaza District. The Boston-based firm… Read more
Gulf International Bank Renews at 330 Madison
Cushman & Wakefield arranged a 9,771-square-foot, 10-year lease renewal for Gulf International Bank, BSC, at 330 Madison Ave., a 41-story… Read more
Unispace Names Chicago-Based Global CEO
Australia-based workspace strategy and design firm Unispace named Steven Quick its new global CEO, based in Chicago. Quick was previously chief… Read more
Private Equity Firm Expands at Seagram Building
Clayton, Dubilier & Rice (CD&R) signed a lease to expand its presence at RFR’s Seagram Building by 12,773 square feet. The global… Read more
RAL Tops Out at Zero Irving in Union Square
RAL Development Services topped out recently at Zero Irving, a new 21-story Class-A office building that will house the Union… Read more
SL Green Lands $600M Loan on 410 Tenth Redevelopment
SL Green Realty Corp. closed on a new $600-million construction facility for 410 Tenth Ave., the REIT’s 636,000-square-foot office redevelopment… Read more
Data Center Development Ramps Up in NYC Region
Driven by continuing demand from the financial sector, Fortune 500 companies and significant increase in remote working due to COVID-19,… Read more
Clune Construction Names New President for NY Office
Clune Construction promoted Tommy Dwyer to president of the company’s New York office. Dwyer will co-lead the New York office with SVP Sean Clune, who has been… Read more
Cornell Tech Unveils “Defending Density” Course
Cornell Tech has launched classes in its “Defending Density: Is This the Death of the City?” course. Michael Samuelian, named… Read more
Labor Day Spotlight: CRE Industry Members Reflect on Work and Life in a “Strange” Year
By Paul Bubny Over the nearly six months that the COVID-19 pandemic has been an unavoidable reality that has upended… Read more
KeyBank Leaders Weigh In on Lending in COVID-19 Era
By Dennis Kaiser The real estate markets are working through the disruptions caused to the economy by the COVID-19 pandemic.… Read more
REBNY Deal of the Year Honoree Emery Joins Helmsley Spear
Helmsley Spear appointed Christine Emery as an executive managing director. She will focus on all aspects of commercial/retail real estate sales and leasing.… Read more
RFR Closes on 522 Fifth Deal; Markets Full-Building Lease
RFR closed on its acquisition of 522 Fifth Ave. from Morgan Stanley for $350 million. The 23-story building’s 575,000-square-foot office portion,… Read more
Midtown South Office Leasing Volume Rises, But So Does Availability
Midtown South office leasing volume in August doubled the July total and was up 24.3% year-over-year, reported Colliers International’s Franklin… Read more
Cuomo Seeks $59B in Budget Shortfall Relief for City, State
Governor Andrew M. Cuomo and prominent New York labor leaders called on Congress to provide $59 billion to address budget… Read more
Dwight Capital Acquires Love Funding Platform
Private commercial real estate lender Dwight Capital has acquired Love Funding, the non-bank HUD lending subsidiary of Midland States Bank.… Read more