New York
Tribeca Offices Change Hands; Home to Shinola Flagship
Avison Young’s Tri-State Investment Sales arranged the $16.75-million sale of a seven-story boutique office building at 177 Franklin St. in… Read more
Real Estate Concerns in the Time of Coronavirus
By Kenneth Fields The Coronavirus has been spreading across the globe. However, until recently, its impact on businesses in the… Read more
Kaufman, AXA Make Second Joint Purchase in Midtown South
The Kaufman Organization and AXA Investment Managers – Real Assets, who have committed nearly $200 million to Midtown South Investments in under 120… Read more
Georgetown Plans New Tower Near Hudson Yards
A group led by Georgetown Company plans a new tower near Hudson Yards on a site with a soon-to-expire easement… Read more
Savanna’s Boutique Tower Signs CA Ventures as First Tenant
Savanna’s 106 W. 56th St. boutique office tower, The Six, is getting off to a big start with a small… Read more
REBNY Cancels or Postpones All March Events
The Real Estate Board of New York (REBNY) has postponed all events for the remainder of this month, including the… Read more
AREAA Manhattan Installs 2020 Board of Directors
The Asian Real Estate Association of America (AREAA) Manhattan chapter recently installed its 2020 board of directors. The installation ceremony… Read more
Amazon Paying $1B-Plus for Former Lord & Taylor Building
Amazon will acquire the former Lord & Taylor flagship building in Midtown for $1.15 billion in cash, the New York… Read more
44 Wall Street Trades to Dallas-Based Gaedeke
Dallas-based Gaedeke Group made its New York debut with the $200-million acquisition of 44 Wall St. from EQ Office. Gaedeke… Read more
Lee NYC Arranges Headquarters Space for Vitech
Vitech, a provider of cloud-based administrative software, signed a long-term lease for 60,000 square feet across three full floors at… Read more
New-Build MXU in East Village Snares $81M Refi
Cushman & Wakefield advised affiliates of Benenson Capital Partners and Mack Real Estate Group in obtaining an $81-million refinancing of… Read more
Turnkey Asset in Midtown East Sells Above Asking Price
Avison Young arranged the sale of a newly-built six-story, mixed-use property at 242 E. 58th St. in Midtown East. The… Read more
SHVO Group’s 711 Fifth Deal Scores $545M Loan
JLL Capital Markets secured $545 million in debt to finance 711 Fifth Ave. in New York on behalf of the… Read more
CBRE Adds Joe & The Juice at NoMad Asset
International juice/coffee bar chain Joe & the Juice signed an 858-square-foot lease on the ground floor of the newly-renovated 1165 Broadway in NoMad. Joe & the Juice plans to open in the summer… Read more
Hedge Fund Snags Last Pre-built at 10 Grand Central
Investment management firm Rubric Capital signed a 5,800-square-foot, seven-year lease on the 16th floor at Marx Realty’s 10 Grand Central.… Read more
REBNY Adds Three to Leadership Team
The Real Estate Board of New York (REBNY) has made three additions to its senior leadership team. Sandhya Espitia has been promoted… Read more
Joss Acquires San Jose Single-Tenant for $139M
NYC-based Joss Realty Partners has acquired a single-tenant, Class A office building for $139 million, according to reporting by the… Read more
Brookfield, Blackstone Weigh Sale of FiDi Trophy Tower
Brookfield Property Partners and Blackstone are weighing a sale of One Liberty Plaza in Lower Manhattan’s Financial District, Crain’s New… Read more
East Village Apartments Trade to Overseas Buyer
The Tri-State Investment Sales group for Avison Young arranged the sale of 109 Ave. A, a recently renovated residential property… Read more