New York
Berkadia Brokers Sale of 304-Unit MF Property in Manassas
Berkadia has arranged the sale of Palisades at Manassas Park, a 304-unit multifamily property in Manassas, VA. The sales price… Read more
Rare Block of Space Up for Lease in Plaza District
CBRE has been hired for a leasing assignment at 575 Madison Ave. in the Plaza District. The office property currently… Read more
Berkadia Arranges Refi on St. Louis-Area Multifamily
Berkadia recently arranged the financing of Chateau Du Mont, a 120-unit, garden-style multifamily property in the St. Louis suburb of… Read more
Amazon Establishes Midtown Presence with Deal for Lord & Taylor Building
As part of a national expansion of its Tech Hubs, Amazon formally announced Tuesday that it had acquired the former… Read more
Amazon Expands Office Footprint, Investing $1.4B in 6 U.S. Cities
Seattle-based Amazon plans to create 3,500 new tech and corporate jobs across six cities in the United States. The company… Read more
Upper East Side Apartments to Become Community Space
Cushman & Wakefield’s Hunter Moss and Brad Jones arranged the sale of 150 E. 91st St., a multifamily asset that… Read more
Kevin Davis Will Head Debt Capital Markets at JLL Hotels Americas
Kevin Davis has been named a senior managing director of JLL Hotels & Hospitality Group’s Americas group, reporting to CEO Gilda Perez-Alvarado.… Read more
Rent the Runway Shifts from Retail Stores to Drop Boxes
Clothing subscription company Rent the Runway will close all of its retail stores, including its Union Square flagship. Rent the Runway… Read more
City Hall Expands Menu of Outdoor Dining Options
The de Blasio administration is adding 21 more locations for outdoor dining options as part of a city initiative that combines… Read more
Rudin Taps JLL for 80 Pine St. Leasing
JLL was selected by Rudin Management Company to handle leasing for 80 Pine St. in Lower Manhattan’s Financial District. The… Read more
Building Congress Urges Steps to Capture Parks’ Real Estate Value
Increasing NYC Parks Department’s expense budget and giving businesses more open space are among the recommendations the New York Building… Read more
NCF Joins Nonprofit Tenant Roster at 120 Wall St.
The Nathan Cummings Foundation (NCF), a nonprofit grantmaking foundation, has signed a 12-year, 13,751-square-foot lease at Silverstein Properties’ 120 Wall St. in… Read more
Retail Imports Expected to Hit Lowest Annual Level in 4 Years
Imports at major U.S. retail container ports during 2020 are expected to drop to their lowest total in four years… Read more
Developers Buy Fewer NYC Sites Year-to-Date
Sales of development sites in the city dropped 27% to 103 transactions for the first six months of 2020 compared to the year-ago period,… Read more
Downtown Alliance Launches Small Business Initiatives
The Alliance for Downtown New York has launched a pair of initiatives intended to help local businesses that are being… Read more
NYC Property Tax Collections Up as FY 2021 Begins
In the first three weeks of the new tax year, the city collected 6% more in property tax revenue compared… Read more
Yorkville Mixed-Use Fetches $4M
Cushman & Wakefield arranged the sale of 419 E. 91st St., a 4,554-square-foot, vacant mixed-use asset on the Upper East Side.… Read more
Gut Renovation Turns Former Tammany Hall into Offices, Retail
BKSK Architects recently completed a gut renovation of the former Tammany Hall headquarters building at 44 Union Square for Reading International (RDI), at… Read more
$8B LaGuardia Upgrade Advances with Second Opening in a Month
The second new concourse and seven new gates at LaGuardia Airport’s Terminal B will be activated on August 5, Gov.… Read more