New York
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
JLL Lines Up $210M on 530 Broadway
JLL Capital Markets arranged $210 million in acquisition financing for 530 Broadway, a 197,637-square-foot mixed-use building in Soho. The firm’s… Read more
Connect New York Conference Will Explore Industry Drivers
With subject matter ranging from the macroeconomic outlook to who’s developing and leasing what and where in the city, this… Read more
Longtime Finance Tenant Renews at 200 Madison
George Comfort & Sons finalized a 10-year, 7,300-square-foot lease extension with Neville, Rodie & Shaw, Inc. (NRS) at 200 Madison… Read more
Charles J. Urstadt Dies at 91; Former Urstadt Biddle Chairman, CEO
Charles J. Urstadt, formerly chairman and CEO of Urstadt Biddle Properties, died Tuesday from complications arising from a recent stroke.… Read more
Coronavirus and Retail Impact
COVID-19, better known as “the coronavirus,” has been spreading to all parts of the world. Meanwhile, in the U.S., the… Read more
Procida Rolls Out Advisory Services Platform
Procida Funding & Advisors, based in Englewood Cliffs, NJ, has rolled out its advisory services platform. The 25-year-old company provides an array… Read more
Beyond Open Spaces: What’s Next for Offices After the Workplace Revolution
By David Horowitz and Keith Perske Over the past decade, the American workplace has transformed drastically as employers and building… Read more
JLL Markets Former Downtown Barneys Store
JLL Capital Markets has been retained by Regency Centers to market and sell 101 Seventh Ave., a 51,942-square-foot boutique office… Read more
CRE Q&A: DivcoWest’s Walker Breaks Down Little Italy Redevelopment
By Dennis Kaiser In September 2017, DivcoWest and its local operating partner Ocean West, acquired a 1980s-era office building at… Read more
Spec Office in Bay Ridge Lands Construction Debt
Meridian Capital Group has secured $11.8 million in construction financing for a commercial development in the Bay Ridge section of… Read more
SL Green Starts 2020 with 240K SF in Office Leases
SL Green Realty Corp. has signed 239,771 square feet of office leases during the first two months of 2020 at… Read more