New York
Where the Hotspots Are for Economic Fallout
The fallout from the shutdowns mandated by the coronavirus pandemic will affect every major metro area in the country, but… Read more
Meridian Team Handles Auction of Chelsea Condo Project
Meridian Investment Sales has been retained in the bankruptcy auction of 435 W. 19th St., a mid-construction boutique residential condominium… Read more
LIHC, Rockport Mortgage Arrange $74M Refi on Nolita Apartments
LIHC Investment Group and Rockport Mortgage Corporation closed on an FHA Section 223(f) refinancing loan totaling $74 million for Little Italy Restoration Apartments… Read more
NYC Hotels Sign on to House Pandemic Patients, Healthcare Workers
More than 100 New York-area hotels have agreed to participate in a program to provide temporary lodging facilities for COVID-19… Read more
Turnkey Operation Hits Market in Murray Hill
JLL Capital Markets has been retained by PR 121 East 37 LLC to market and sell 121 E. 37th St.… Read more
Nelson Team Markets Greenwich Village Redevelopment Opportunity
Avison Young is marketing a long-term lease and redevelopment opportunity at 132 W. 14th St., a seven-floor, 57,478-square-foot office building… Read more
Contiguous Mixed-Use Properties Trade to Cofinance
JLL Capital Markets completed the sale of 219-221 E. 59th St., two contiguous, mixed-use properties in Midtown East, for GAK… Read more
Walker & Dunlop Brings in Gustafson to Lead Apprise in Northeast
Walker & Dunlop, Inc. has expanded its multifamily appraisal business, Apprise, with the addition of managing director Corey Gustafson. Based in Boston, Gustafson… Read more
Network Realty JV Plans Overhaul of D.C.’s 2100 M St.
A joint venture of Network Realty Partners and Meadow Partners is aiming for a July start on a major overhaul of 2100 M… Read more
NKF Closes $10M Retail Sale in West Village
NKF sold a 70-year retail leasehold at 644 Greenwich St. for $10.2 million. The ground-floor retail space at this West… Read morePlaza District Offices Land $14M Financing
ABS Altman Warwick closed on $13.5 million in financing for an office building located at 425-427 Madison Ave. in Midtown’s… Read more
REBNY: Broker Confidence Hits Lowest Point on Record
The Real Estate Board of New York said Thursday that broker confidence hit its lowest point on record, according to… Read more
1,700 Businesses Answer NYCEDC Call for Emergency Medical Supplies
The New York City Economic Development Corporation (NYCEDC) put out a call recently for businesses to turn out emergency medical… Read more
Paramount Sells 10% Stake in 1633 Broadway
Paramount Group Inc. has entered into an agreement to sell a 10% joint venture interest in 1633 Broadway, its 2.5-million-square-foot… Read more
REBNY Launches COVID-19 Resource Portal
The Real Estate Board of New York (REBNY) launched go.rebny.com/CoronavirusResources, the group’s COVID-19 resource hub website. It’s available to members of… Read more
Top Brokers Honorees: Marcus & Millichap’s Glen Kunofsky and NNN Pro Team
Led by Glen Kunofsky in New York, the NNN Pro team of Marcus & Millichap includes up to 50 of… Read more
Top Broker Honoree: B+E’s Camille Renshaw
Based in New York, Camille Renshaw is co-founder and CEO of B+E, noted as the first brokerage firm to offer… Read more
Top Broker Honoree: Savills’ David Goldstein
As vice chairman, a branch manager for Savills’ New York office and a member of the company’s board of directors,… Read more
Top Broker Honoree: Avison Young’s James Nelson
James Nelson is principal and head of Avison Young’s Tri-State Investment Sales group, where he leads a group of three… Read more