New York
ESRT Signs, Renews Finance Tenants at One Grand Central
Empire State Realty Trust (ESRT) renewed Charles Schwab’s 10,702-square-foot retail lease at One Grand Central Place. The REIT also signed… Read more
Enterprise Community Partners Names Warshaw as COO
Columbia, MD.-based affordable housing nonprofit Enterprise Community Partners has hired Drew Warshaw as Chief Operating Officer for Enterprise and its… Read more
CBRE Global Investors Snags 550K-SF Cold Storage Facility in Maryland
A fund sponsored by CBRE Global Investors has acquired the Principio Commerce Center II, a 550,050-square-foot cold storage and distribution… Read more
Industry Coalition Draws Up Guidelines for Safe Return to Offices
The Real Estate Board of New York (REBNY), 32BJ SEIU, Realty Advisory Board on Labor Relations, Inc., (RAB), Local 94… Read more
Ariel Markets West Harlem O-Zone Site
Ariel Property Advisors has been retained to sell 521 W. 134th St. in West Harlem. The property, a Manhattan Opportunity… Read more
Bowery Mixed-Use Fetches $1,175/SF
Cushman & Wakefield arranged sale of 159 Bowery, a 4,252-square-foot mixed-use property on Manhattan’s Lower East Side. The final sale price was… Read more
Paramount Closes on Sale of 1633 Broadway Stake
Paramount Group Inc. said Thursday it completed the joint venture sale of a 10% interest in 1633 Broadway, its 2.5-million-square-foot… Read more
Naftali Makes NYC’s Biggest Land Deal Since Shutdown
The Naftali Group finalized the acquisition of 470 Kent Ave., adjacent to the Brooklyn Navy Yard and one of the… Read more
Office Deal Gives NYC Investment Sales “Great Shot in the Arm”
JLL Capital Markets has completed the sale of 150 E. 45th St., also known as the Lord Memorial Building, in… Read more
Investment Firm Hickory Lane Commits to 530 Seventh
Hickory Lane Capital Management has signed a three-year, 2,100-square-foot lease at Savitt Partners’ 530 Seventh Ave. The space will serve as… Read more
Upper West Side Apts. Fetch North of $1K Per SF
Cushman & Wakefield finalized the sale of 323 W. 101st St., a 4,480-square-foot multifamily property on Manhattan’s Upper West Side. The final… Read more
Avison Team Arranges Midtown Space for Cozen O’Connor
Avison Young arranged a 10-year, 7,100-square-foot lease at SL Green Realty Corp.’s 100 Park Ave. for Cozen O’Connor. The law… Read more
New York Stock Exchange Reopens After Two Months
The New York Stock Exchange (NYSE) reopened Tuesday for trading, two months after the trading floor was closed to help… Read more
Philip Miller Joins Greystone in Proptech Strategy Role
Philip Miller has joined Greystone as a managing director in a newly-created role focused on developing proptech strategies across its… Read more
REBNY, CUNY Partner on Virtual Internships
The Real Estate Board of New York (REBNY), the City University of New York (CUNY) and Project Destined launched a… Read more
NY State, City Face Shortfalls in Tax Revenues
The news on the tax revenue front from New York State Comptroller Thomas DiNapoli is sobering at both the statewide… Read more
NYC Ferry Service Sees Temporary Cuts, Permanent Changes
Service modifications on NYC Ferry service went into effect Monday, including modifications enacted in response to the COVID-19 crisis along… Read more
Industrious, Thor Equities Partner at Midtown Offices
Thor Equities Group is partnering with shared workspace provider Industrious to operate three full floors of shared office space at… Read more
Remote Work Could Spur Move to Exurbs and Secondary Cities
CRE industry members have wondered aloud what the advent of stay-at-home orders will mean for office use in the long… Read more