New York
Klövern, GDSNY Buy Out Co-op Owners in Midtown East
Swedish property management firm Klövern AB and its local partner GDSNY have bought out the owners of all 29 co-operative… Read more
2.4M-SF Century Plaza Office Towers at Full Occupancy
In what is being hailed in a report by the Los Angeles Times as a validation of the strength of… Read more
Goldman Sachs Veteran Dino Fusco Joins Silverstein Properties
Dino Fusco will be joining Silverstein Properties as COO. He was recently the global head of corporate services, real estate… Read more
Investment Bank Renews at 430 Park
Lee & Associates NYC arranged a lease renewal for H.C. Wainwright at 430 Park Ave., between East 55th and East 56th streets. The… Read more
SL Green Inks $447M Sale Deal with Brookfield
SL Green Realty Corp. entered into contract to sell 315 W. 33rd St. and an adjacent undeveloped parcel for $446.5 million to… Read more
Moinian Obtains $105M Refi on Oskar Rentals
The Moinian Group closed on a loan from Bank of China to refinance Oskar, the developer’s fully-leased luxury residential building… Read more
Digital Marketing Firm Scores Soho Office Co-op
Rudder Property Group, which specializes in the sale of office condominiums and cooperatives in the New York metro area, recently… Read more
Dennis Sherry Joins Avison Young as Sr. Portfolio Manager
Dennis Sherry has joined Avison Young’s New York team as senior portfolio manager of the firm’s real estate management group. He brings… Read more
NYCHA Strikes Privatization Deal on Nearly 6,000 Apartments
Development partners including L + M, the Hudson Companies and Douglaston Development have been selected to take over the management… Read more
Longtime 140 Broadway Tenant SIG Opts for 16 More Years
Susquehanna International Group LLP (SIG) signed a 16-year lease renewal for 52,412 square feet at 140 Broadway in the Financial District.… Read more
Report: Commercial Construction Starts Accelerated in Top Metro Areas in 2019
The value of commercial and multifamily construction starts during 2019 in the top 20 metropolitan areas in the U.S. gained… Read more
Fertility Benefits Tenant Subleases Full Floor on Broadway
NKF arranged an office sublease for Progyny, a leading fertility benefits management company, at 1359 Broadway. The firm’s David Falk and Kyle Ciminelli represented the… Read more
Life Sciences: The Newest Recession-Resilient Space?
Industries ranging from genetic engineering, to medical technology development and manufacturing, to pharmaceutical research are broadly categorized as “life sciences.”… Read more
Gramercy Park Development Sites Trade in $41M Off-Market Deal
CIM Group has sold two development sites in Gramercy Park for $40.5 million. Meridian Investment Sales confirmed that brokers Lipa… Read more
JLL Hired to Lease Office Space at 76 Trinity Place MXU
JLL was selected by Trinity Church Wall Street’s real estate arm to lease 107 Greenwich St., the office component of… Read more
Digital Media Firm Relocates to 1411 Broadway
Digital media company CafeMedia recently signed a lease for 25,261 square feet at Ivanhoé Cambridge’s 1411 Broadway. The tenant, which… Read more
Container Traffic Slides on Factory Shutdowns Over Coronavirus
With coronavirus causing longer Lunar New Year shutdowns of factories in China, imports at major U.S. retail container ports are… Read more
Aon Tower Observatory Project Sets Q3 Launch
601W Co. plans to begin construction on the long-discussed Aon Center observation deck in the third quarter, the Chicago Tribune… Read more
Investors Maintain Confidence in Proptech Sector
Investor confidence in the proptech sector, as measured through a biannual survey conducted by venture capital firm MetaProp, is back… Read more