New York
Marx Unveils Plans for Penthouses at 10 Grand Central
Marx Realty will transform the top five floors at its 10 Grand Central office tower into a suite of penthouse… Read more
Q3 Manhattan Office Leasing: 3 Yardsticks, 3 Results
Depending on the yardstick being used, Manhattan’s third-quarter office leasing volume was either down or basically flat on a year-over-year… Read more
SL Green Agrees to SLB of Kenneth Cole’s West Side Offices
SL Green Realty Corp. has agreed to purchase 603 W. 50th St., a 160,000-square-foot loft office property in Midtown that houses… Read more
NorthMarq Secures $52M Refi on Downtown BK Apartments
Robert Delitsky, managing director of NorthMarq’s New York City office, arranged a $51.85-million refinance of the BRiQ, a Class A, 21-story, 110-unit… Read more
Rescue Plan Sets Up “Stalking Horse” Bid for Barneys
All remaining Barneys New York stores, including the Madison Avenue and Beverly Hills flagships, would close under a tentative agreement… Read more
Rikers Closure Plan Clears City Council
The de Blasio administration’s $9-billion plan to close the Rikers Island prison facility and build four new jails to replace… Read more
Bridge Development Hires Hampshire’s LoBello as Ops Director
Bridge Development Partners hired Karen LoBello as director of operations. Working out of Bridge’s New Jersey office, LoBello will oversee the property management… Read more
Burlington Stores Backfills Vacant Toys “R” Us in Raritan
Off-price retailer Burlington Stores plans to open a new, 46,000-square-foot location at Somerville Circle Shopping Center in Raritan, NJ in Spring 2020. The… Read more
Knoll Upsizes Office and Showroom Space at 1330 Sixth
Office design firm Knoll has renewed and expanded its showroom and office space for a total of 60,000 square feet… Read more
Beacon Capital Under Contract for Tishman Speyer Tower
Beacon Capital Partners is under contract to pay around $230 million for the 40-story office tower at 190 S. LaSalle… Read more
Columbia REIT Makes Deal for Normandy Platform
Columbia Property Trust has signed a definitive agreement to acquire owner-developer Normandy Real Estate Management. Columbia will acquire Normandy’s operating… Read more
Morgan Properties’ Jason Morgan: “No Better Asset Class” Than Workforce Multifamily
Among the secrets of success in commercial real estate investment is finding a vehicle that works. In the case of… Read more
Stan Johnson Co. Arranges Sale of 375K-SF Industrial Facility in Ocala
Net lease brokerage firm Stan Johnson Co. arranged the sale of a 375,600-square-foot industrial manufacturing, distribution and headquarters facility in… Read more
Transwestern Team Wins TOBY Award from NJ BOMA
The New Jersey chapter of the Building Owners and Management Association (BOMA) has recognized 180 Park Ave. in Florham Park with The… Read more
AI Firm Moves Uptown to 11 Times Square
Digital Reasoning, a cognitive computing services provider, has signed a lease for 5,819 square feet on the 31st floor of… Read more
CushWake’s Betty Castro President-Elect at CREW New York
Betty Castro, managing principal of Cushman & Wakefield’s Downtown office, has been elected president-elect of Commercial Real Estate Women (CREW)… Read more
Essex Crossing Tops Out on 7th of 9 Sites
Delancey Street Associates (DSA) topped out 202 Broome St., a 14-story mixed-use building within the Essex Crossing complex on the… Read more
Expanding Dermatology Practice Leases Full Building in LIC
ABS Partners Real Estate recently leased 31-79 Steinway St. in Long Island City to Bobby Buka Dermatology, a full-service dermatology… Read more
WeWork Not Coming to Martin Selig’s Seattle Tower After All
WeWork and WeLive will not be joining the tenant mix at Martin Selig Real Estate’s 36-story tower in Seattle’s Belltown… Read more