New York
Yardi: Rent Growth Healthy in Every Major Market
Yardi Matrix’ August 2019 report pointed to one issue: The multifamily sector continues to perform exceedingly well, across nearly all… Read more
Avison Team Markets $200M Portfolio in North Brooklyn
Avison Young’s tri-state investment sales group is marketing the North Brooklyn Luxury 8 portfolio, comprised of eight boutique luxury apartment… Read more
Hackensack U. Medical Center Launches $714M Expansion
Hackensack Meridian Health’s Hackensack University Medical Center recently broke ground on a $714-million expansion. The nine-story, 530,000-square-foot patient pavilion in Hackensack, NJ… Read more
L&L, Normandy Unveil Plans for Terminal Warehouse Revamp
L&L Holding and Normandy Real Estate Partners released new renderings and a teaser website related to their restoration and redevelopment plan for the… Read more
PKF Hotel Consultancy Establishes U.S. Office in New York
The PKF hotelexperts group, a global hospitality consulting company within the PKF International group, has established its U.S. headquarters in… Read more
WeWork Puts Planned IPO on Hold
WeWork parent the We Company has postponed its initial public offering, which was targeted for later this month. The Wall… Read more
National Opportunity Zones Academy Launches in Five Cities
The Rockefeller Foundation and Smart Growth America (SGA) joined forces to launch the National Opportunity Zones Academy. The academy, which… Read more
Drybar’s Webb Reveals Secrets to Launching a Concept that Explodes
Connect Media joined more than 3,000 attendees at ICSC’s 2019 Western Conference and Deal Making confab that kicked-off this week… Read more
Escape from L.A. & N.Y.: Renters Seek Lower Prices
Rising rents are leading people considering a relocation to a different metro area to increasingly search for homes and apartments… Read more
Knotel Does Its Second Deal with ATCO Properties
Knotel has signed a 27,186-square-foot lease at ATCO Properties & Management’s 240 W. 35th St. in the Garment District. The agile… Read more
BLT Opens Luxury Apts. in Stamford
Allure, the newest addition to the residential offerings at Building and Technology’s Harbor Point mixed-use redevelopment on the Stamford, CT… Read more
Buy Buy Baby Goes Uptown for Boutique Store
Buy Buy Baby, a division of Bed Bath & Beyond, has signed a long-term lease for 9,685 square feet on… Read more
JLL Secures Bridge Loan for Chelsea Square Offices
JLL arranged a $53-million bridge loan for Chelsea Square, a 113,629-square-foot, boutique office property at the intersection of the Chelsea,… Read more
Marcus & Millichap’s Nadji: Strength of Economy Discounts Recession Risk
With the current state of the U.S. economy in flux, Marcus & Millichap recently held a webinar focused on real… Read more
Donn McMullen Joins Syska as Technical Manager
Donn McMullen has joined the Midtown office of Syska Hennessy Group. In his new roles of technical manager and senior… Read more
Uber Nears Deal for Seven Floors at 3 World Trade
Uber Technologies is on the verge of signing a lease for more than 300,000 square feet at Silverstein Properties’ 3… Read more
77 Water St. Lands Two More Tenants in Leasing Campaign
In two separate transactions, the William Kaufman Organization (WKO) and Principal Real Estate Investors have secured two leases totaling 28,539 square feet at their… Read more
On Interest Rates, the White House Wants the Fed to Go Negative
Not satisfied with the Federal Reserve’s pace in cutting the federal funds rate, President Donald Trump now wants the Fed… Read more
NorthMarq Secures Refi on Hudson County Portfolio
Gary Cohen, SVP/managing director of NorthMarq’s North New Jersey office, recently arranged the refinancing of four affordable properties in New… Read more