New York
AIG Shifts Headquarters to Midtown Manhattan
AIG is moving uptown, relocating its global headquarters to the Rockefeller Group’s 1271 Ave. of the Americas in Midtown Manhattan,… Read more
Blackstone Closes Infrastructure Secondaries Fund at $3.75B
Strategic Partners, Blackstone’s secondary and fund solutions business, reached the final close on $3.75 billion for Strategic Partners Infrastructure III… Read more
MMCC Secures Refi on Hell’s Kitchen Apartments
Marcus & Millichap Capital Corp. (MMCC) arranged the financing of 521-523 W. 48th St., a 45-unit apartment building in Hell’s Kitchen.… Read more
Merchants Capital Names National Head of Production
Mortgage banking company Merchants Capital has hired Dwayne George as EVP, national head of production. He’ll lead Merchant’s sales offices in New York,… Read more
Daiwa Joins Lendlease, L+M on Morningside Heights MXU
Lendlease and L+M have brought on a new joint venture partner, Daiwa House Texas Inc., on their mixed-use development at 100 Claremont Ave. in… Read more
City Planning Commission Will Resume Meetings in August
The City Planning Commission will start holding remote meetings in August. This will allow developments that create affordable housing, jobs,… Read more
Waldorf Condo Redevelopment Launches International Website
Since launching sales in March, the Towers of the Waldorf Astoria has received more than 5,000 inquiries globally for its… Read more
Boston Ranks 8th on CBRE’s ‘Scoring Tech Talent’ Report
CBRE has ranked Boston eighth on the firm’s tech talent scorecard, part of its annual Scoring Tech Talent Report, which… Read more
Aritzia Will Take Over Former Dean & DeLuca Space in Soho
Fashion retailer Aritzia will be taking over the former Dean and DeLuca space at 560 Broadway in Soho. The 30,000-square-foot… Read more
EquityMultiple Reaches Growth Milestones
EquityMultiple said Tuesday it had achieved a series of growth milestones amid the challenging environment resulting from the COVID-19 outbreak.… Read more
Chicago Marathon Won’t Be Run This Year
The Chicago Marathon, scheduled for Oct. 11, has been canceled for only the second time in the annual event’s 43-year… Read more
Wafra Invests $400M in Digital Colony Platform
New York-based Wafra Inc. is acquiring a minority stake in Digital Colony, the digital investment management division of Los Angeles-based… Read more
NYC Cancels Large-Scale Events Through Sept. 30
Large events requiring a city events permit will be canceled through Sept. 30 as the city works to prioritize open spaces for… Read more
Seattle-Based Sur La Table Closing Stores in Bankruptcy Proceeding
Seattle-based Sur La Table plans to close 56 of its 121 stores as part of a Chapter 11 bankruptcy filing,… Read more
Wealth Management Firm Takes Full Floor at Park Avenue Plaza
Wealth management firm BBR Partners has leased 30,000 square feet at Fisher Brothers’ Park Avenue Plaza, Crain’s New York Business… Read more
NYC Retail Corridors Face Challenges in Recovery: Report
Three key retail corridors across New York City are differently positioned—and challenged—to recover from the pandemic-driven downturn, HR&A Advisors says… Read more
NYC Budgets $80M to Rebuild Chinatown Landmark
The de Blasio administration recently announced $80 million in funding to rebuild 70 Mulberry St., the Chinatown landmark that was… Read more
WeWork, Columbia Cancel Full-Building Lease in Midtown South
Columbia Property Trust and WeWork mutually agreed to terminate WeWork’s lease at Columbia’s 149 Madison Ave. The two companies announced… Read more
Durst Completes Quartet of Deals on Third Ave.
The Durst Organization completed four Midtown East leasing deals. They include Mitsubishi Chemical Holdings America, expanding to 14,218 square feet… Read more