New York
Partnership for NYC Extends Downtown Tenancy to 2030
The Rudin Family and partner Allianz Real Estate of America signed a 10-year lease renewal for The Partnership for New York City… Read more
J.P. Morgan Asset Management Tops $1B with Special Situations Fund
J.P. Morgan Asset Management closed its Lynstone Special Situations Fund with $1.06 billion in capital. The fund, which will invest in stressed,… Read more
START Trades One East Harlem Clinic for Another
START Treatment & Recovery Centers acquired a 15,765-square-foot, four-story building at 2191 Third Ave. in East Harlem, expanding and upgrading its… Read more
ATCO’s 630 Third Sees Four Leasing Deals
ATCO Properties & Management completed four leases and renewals totaling 25,127 square feet at 630 Third Ave.. In the largest… Read more
RPG Lists Office Condo at Tribeca’s 99 Hudson
Rudder Property Group (RPG), which specializes in sales of office condominiums, is bringing an office condo at 99 Hudson St.… Read more
Insights from CRETech on Real Estate’s Embrace of Proptech (VIDEO)
“The CRE industry has definitely gotten used to proptech,” says Michael Rudin, VP with Rudin Management, among the more forward-thinking… Read more
Maria Tash Inks HQ Lease at Soho Boutique Offices
Maria Tash, the eponymous firm of the jewelry designer and piercing expert whose clients include Rihanna, Katy Perry and Scarlett Johansson,… Read more
Milstein Tower Repositioning Garners $749M Refi
AKS Capital Partners arranged a $749-million refinancing from Brookfield for Milstein Properties to support the redevelopment of 335 Madison Ave.,… Read more
Wall Street Profits Hit 10-Year High, But Slowdown Looms
Pretax profits in New York State’s securities industry reached $15.1 billion in the first six months of 2019, an 11%… Read more
Engineering Firm Comes to Engineering Societies’ Bldg.
Thor Equities leased 11,382 square feet at 25 W. 39th St. to PVE LLC. The engineering consulting firm leased the historic Midtown property’s entire… Read more
TPG Finance REIT Closes on $1.2B CLO
TPG RE Finance Trust (TRTX) closed on TRTX 2019-FL3, a $1.23-billion managed Commercial Real Estate Collateralized Loan Obligation (CRE CLO)… Read more
Resi Management Firm Takes Full Floor at 55 Broad
Avison Young arranged an 11,047-square-foot lease for Solstice Residential Group at the Rudin Family’s 55 Broad St. in the Financial… Read more
Tribeca Investment, PGIM JV on Textile Building
Midtown South’s historic Textile Building at 295 Fifth Ave. has changed ownership for the first time in its nearly century-long… Read more
Modell’s Takes New Headquarters Space on Broadway
National retailer Modell’s Sporting Goods signed a 26,607-square-foot, 11-year lease to relocate its headquarters from 498 Seventh Ave. to 1430 Broadway… Read more
RAL’s Zero Irving MXU Launches Construction
RAL Development Services officially launched Zero Irving, a 21-story mixed-use development in Midtown South. It will include 176,000 square feet of Class… Read more
Tower Holdings Brings in Valenzuela on Development Side
Kali Valenzuela has joined Tower Holdings Group’s real estate development firm, Time Square Development Group LLC, as director of acquisitions and… Read more
Cali Buyer Makes Third NE Deal with NJ Multifamily
Pacific Urban Residential LLC acquired The Highlands at Morristown Station, a 217-unit apartment building in downtown Morristown, NJ. Deal terms weren’t disclosed.… Read more
Detroit-Style Pizza Chain Makes NYC Debut in Chelsea
Jet’s Pizza, known for its Detroit-style deep dish pizza, has opened its first New York City location in the retail… Read more
Hudson Yards is Now NYC’s Priciest Neighborhood
Manhattan has a new front-runner when it comes to pricing on for-sale housing, says PropertyShark. It’s Hudson Yards, where the… Read more