New York
Report: O-Zone Housing Prices Lower than National Median
A report recently released by ATTOM Data Solutions revealed what could probably be considered unsurprising news. Namely, in its analysis… Read more
Yes, Agribusiness Can Capitalize on the O-Zone Program
Much of the discussion about the Opportunity Zones program focuses on capital infusions within lower-income census tracts in urban cores.… Read more
DEP Will Add 5,000 Rain Gardens to City Sidewalks
The city’s Department of Environmental Protection has begun construction of more than 5,000 specially-designed curbside rain gardens in Brooklyn, the… Read more
RFP Seeks Construction Manager for JFK Redevelopment
The Port Authority of New York and New Jersey has issued a request for proposals, soliciting bids for the job… Read more
$100M Office Building Replaces Cold Storage Facility in DTLA Arts District
Denver-based Continuum Partners commenced demolition work at the future site of its ProduceLA project, a $100-million, ground-up creative office development… Read more
PUMA Opens Doors to Fifth Avenue Flagship
PUMA opened the doors to its first-ever North American flagship store at SL Green Realty Corp.’s 609 Fifth Ave. The… Read more
Watchdog Says NYC Gov’t Needs to Rein in $1B Leasing Costs
New York City’s municipal government needs to do a better job of reining in its office leasing expenses, which now… Read more
Development Veteran Tepper Hired by Governors Island Trust
The Trust for Governors Island hired Christopher Tepper as chief development officer. Most recently with Hudson Companies, Tepper has more… Read more
Digital Agency Renews Lease with Denholtz in Red Bank
Denholtz Properties signed a lease renewal with DefinedLogic LLC for 12,224 square feet of office space at 116 Chestnut St. in… Read more
Sortis Delivers $60M for Puget Sound Opportunity Zone Development
Portland-based Sortis Holdings Inc. closed on equity funding for Tukwila Village Phase II, a mixed-income senior living development in Tukwila,… Read more
Landsea Makes Key Promotions in NYC Development
Landsea Homes promoted Kevin Murray and Thomas Parker to VP of development and director of construction, respectively, for the New… Read more
Meridian Arranges $40M Financing on Upper East Side MXU
Meridian Capital Group arranged $40 million in acquisition financing and a $5-million earn-out facility for 809-811 Madison Ave., a mixed-use… Read more
Development Site Comes to Market with Approved Plans
Cushman & Wakefield has been hired to sell 118 E. 59th St., an approximately 96,574-square-foot development site in Midtown East. The firm’s Will Conrad… Read more
Cresa Adds Gregg Cohen as NYC Principal
Cresa added Gregg Cohen as a principal in the New York office. He was previously a tenant representative at Norman… Read more
Back-to-Back Connect Events on Finance, O-Zones Coming to NYC
Oct. 23 will see a pair of firsts for Connect Media events coming to New York. The day will begin… Read more
De Blasio Seeks Limits on NYC Hotel Development
Mayor Bill de Blasio has asked the Department of City Planning to draft a proposal outlining how to implement a city-wide… Read more
Durst, BofA Refi One Bryant Park for $1.6B
The Durst Organization and Bank of America closed on a $1.6-billion refinancing of One Bryant Park, a 2.35-million-square-foot Midtown tower… Read more
Little Italy Mixed-Use Commands Premium in Sale
Cushman & Wakefield arranged the sale of 128 Mulberry St., a 4,800-square-foot mixed-use property in Lower Manhattan’s Little Italy neighborhood. The final closing… Read more
ASB’s 625 Broadway Will Undergo Repositioning
The Kaufman Organization was named the exclusive leasing agent at ASB Real Estate Investments’ 625 Broadway. A Kaufman team will oversee a campaign… Read more