New York
Camber Opens Lottery for Central Harlem Senior Units
The housing lottery for 94 newly constructed affordable senior housing units at Victory Plaza in Central Harlem has opened. Located at… Read more
East Village Value-Add Hits the Sales Block
Avison Young’s Tri-State Investment Sales Group is marketing for sale a renovated five-story, 24-unit apartment building at 332 E. 9th St. in… Read more
It’s Time to Nominate an Up-and-Coming Industry Leader
Today’s the due date for submitting nominations for our annual Next Generation Awards. Industry response to our request has been… Read more
BREAKING NEWS: Blackstone Buys Big Stake in Hudson Pacific
New York-based Blackstone is acquiring a 49% interest in Hudson Pacific Properties, Inc.’s three Hollywood studios and five on-lot or… Read more
City Combines Open Streets and Open Restaurants Programs
The de Blasio administration has combined two popular programs, Open Streets and Open Restaurants, announcing expanded seating options for restaurants… Read more
JPMorgan Chase Finalizes Deal for Bank of China HQ
JPMorgan Chase has closed on its acquisition of 410 Madison Ave. from Bank of China, according to public records. Chase… Read more
Lendlease, L+M Close on Financing for Morningside Heights MXU
Lendlease and L+M closed on $250 million in construction financing for 100 Claremont Ave., a 354,000-square-foot mixed-use building in Northern Manhattan’s Morningside Heights.… Read more
SL Green Closes on $510M Loan for News Building
SL Green Realty Corp. said Tuesday it had closed on a new $510-million mortgage financing secured by 220 E. 42nd… Read more
Central Harlem Development Site Goes on Sale
Ariel Property Advisors was retained to sell 161-165 W. 132nd St., a four-story, 60-foot-wide, residential or commercial conversion property in… Read more
Lockdowns Lead Banks to Consider Trimming Branches and Office Space
A year after JPMorgan Chase opened a 12,500-square-foot branch on Madison Avenue, the 1,714 branches for Chase and other banks that anchor commercial… Read more
Avison Team Closes on Greenwich Village Apartment Deal
Avison Young’s Tri-State Investment Sales Group arranged the sale of two seven-story residential properties with 72 apartments and one 5,000-square-foot… Read more
IPA Team Closes $46M Power Center Deal Near Akron
Institutional Property Advisors (IPA), a division of Marcus & Millichap, arranged the sale of The Plaza at Chapel Hill, a 458,935-square-foot Giant… Read more
B6 Secures Refi on Times Square Billboard Asset
B6 Real Estate Advisors recently closed on a transaction at 226 W. 52nd St. at $6,796,465. B6’s client, Shout Outdoor Media, acquired the Novotel… Read more
Hodges Ward Elliott Adds Dalicandro as VP
Frank Dalicandro has joined Hodges Ward Elliott (HWE) as a VP in its New York office. In his new role,… Read more
Investment Firm Pretium Hires Macro Research Head
Investment firm Pretium, with $14 billion of managed assets spanning real estate, residential and corporate credit, has hired Charlie Himmelberg as… Read more
Scottsdale’s Wells Fargo Gainey Center Claimed by NY Investor
AREA Exchange Asset III, LLC, an affiliate of New York City-based Ascent Real Estate Advisors, acquired Wells Fargo Gainey Center,… Read more
Finance Experts Outline CRE Lending Opportunities Ahead Despite COVID-19
By Dennis Kaiser Connect Commercial Real Estate’s Los Angeles Finance webinar, held earlier this week with a group of CRE… Read more
JLL Advises Kamber on Repositioning Tower 45
JLL is advising Kamber Management on repositioning Tower 45, located at 120 W. 45th St., for a post-COVID-19 world. The… Read more
LaGuardia Airport’s New Terminal B Opens for Arrivals and Departures
LaGuardia Airport’s new Terminal B Arrivals and Departures Hall opened to the public on Saturday, serving American Airlines, United Airlines,… Read more