New York
Whole Foods Signs Lease for 60K SF in NoMad
Whole Foods Market has signed a lease for 60,000 square feet at 63 Madison Ave., a/k/a 28 E. 28th St.,… Read more
Savanna Picks Up 360 Lex for $180M, Plans Repositioning
Savanna acquired 360 Lexington Ave., a 268,383-square-foot office tower, from AEW Capital Management for $180 million. Savanna financed the acquisition… Read more
Cuomo Taps Gertler as NY State’s Economic Development Head
Gov. Andrew Cuomo has nominated Eric Gertler to serve as president and CEO of Empire State Development (ESD), New York… Read more
CBRE Team Inks First Retail Lease for Renovated NoMad Asset
Paris-based luxury goods company Diptyque and British beauty retailer Space NK Apothecary London, signed a 10-year lease at 1165 Broadway. The unspecified… Read more
Congratulations to 2019’s Next Generation Award Winners
Connect Media is pleased to announce the recipients of our third annual Next Generation Awards. We chose 90 young leaders… Read more
Rapid NYC Expansion Leads Catchafire to Lease Another Floor
Catchafire, which makes skill-based connections between professional volunteers and nonprofits, has expanded its headquarters at 31 E. 32nd St. In… Read more
Marriott Hudson Yards Garners $199M Refi
Mack Real Estate Credit Strategies provided a $199-million loan to refinance the Courtyard by Marriott Hudson Yards hotel, recently built… Read more
Today’s Commuter Can Spend Two Weeks Per Year in Transit
By Paul Bubny The 1993 movie “Falling Down” begins with a heavily perspiring Michael Douglas behind the wheel of a… Read more
San Francisco Dominates Global Price Growth Rankings, Los Angeles No. 4
Two California markets claimed spots among the top four on Real Capital Analytics’ (RCA) global price growth rankings. North America… Read more
DC-Based Buyer Enters Chicago with Deal for Clybourn Rentals
Washington, DC-based Gelman Companies entered the Chicago market, paying $75 million for the Residences at the NewCity in the North… Read more
Bill Blass Group Nabs Boutique Offices in Midtown East
Cushman & Wakefield arranged the sale of 3 E. 44th St., a 14,175-square-foot office property in Midtown East. The final closing price was $15.3 million,… Read more
WeWork Deal Brings FiDi Property to Full Occupancy
WeWork has leased 56,000 square feet covering four floors of 83 Maiden Ln. in the Financial District. The lease, which… Read more
SJP Reportedly Tops Out at Upper West Side Condo Tower
SJP Properties’ high-end residential condominium tower at 200 Amsterdam Ave. has reportedly topped out construction, Crain’s New York Business reported.… Read more
Next Generation Honoree: Resilience and Creativity Drive JBA Equities’ Jonathan Aghravi
Until July of 2018, Jonathan Aghravi was a principal at Eastern Consolidated, where he’d started the company’s capital advisory division.… Read more
Next Generation Honoree: Ben Shapiro Consistently Ranks with NKF’s Top Producers
Ben Shapiro, executive managing director in NKF’s New York headquarters, demonstrates a depth of experience in landlord and tenant representation… Read more
Next Generation Honoree: Lendlease’s Christie Walker Leaves No Stone Unturned
Christie Walker has amassed more than 10 years experience in property acquisitions and development. As Lendlease’s New York acquisitions manager,… Read more
Downtown Office Posts Best Midyear Total Since 2000
Lower Manhattan saw 3.8 million square feet of office leasing in the first six months of 2019, marking the submarket’s… Read more
Shake Shack Places Order for Midtown West Location
Shake Shack signed a 2,000-square-foot, 15-year lease for a Midtown West location on the ground floor of Rockpoint Group’s 1700 Broadway.… Read more
Seattle Multifamily Market Soars to New Heights
By Dennis Kaiser Seattle’s multifamily market continues to ride a wave of demand that is being buoyed by corporate office… Read more