New York
CushWake Retained to Lease 11 Times Square Retail
Cushman & Wakefield has been retained to spearhead retail leasing at SJP Properties’ 11 Times Square, with a focus on… Read more
Barneys Seeks Buyer in Chapter 11 Filing; Will Close Most Stores
Luxury retailer Barneys New York said Tuesday it had filed for Chapter 11 reorganization at U.S. Bankruptcy Court in Manhattan.… Read more
Avison Young’s Nelson Team Markets Retail Condos in FiDi
Avison Young’s Tri-State Investment Sales Group is marketing two retail condominiums totaling 7,733 square feet on two floors at 90… Read more
Capital-Raising Veteran Psome Joins Northstar Commercial
Northstar Commercial Partners hired Jason Psome as the company’s new managing director of institutional equity. He’ll be based out of the… Read more
Safehold Reaches $620M Deal for Ground Lease on 425 Park
Ground-lease REIT Safehold Inc. said Monday it had signed a contract to acquire the existing ground lease at 425 Park Ave.… Read more
Nonprofit CFE Fund Expands at EQ Office’s 44 Wall
EQ Office finalized an agreement with the Cities for Financial Empowerment (CFE) Fund, which will expand its total footprint at 44 Wall… Read more
CBRE’s Patrick Sentner Shares Ways SIOR Helps Members Stay a Step Ahead of Competition
By Patrick J. Sentner, SIOR 2019 Global Vice President Q: How is the office market changing across the country? What… Read more
Marx Scores $140M Refi for 10 Grand Central
Marx Realty secured a $140-million loan to refinance its 10 Grand Central office tower at 155 E. 44th St. MetLife originated the… Read more
Commercial Real Estate’s Fastest-Growing Media Company Signs Leases on Both Coasts
Connect Media has signed leases in New York and Los Angeles, and secured office space in Atlanta at co-working provider… Read more
Cresa’s Pirot Oversees “Forward-Thinking” Build-out for Fragomen
Cresa’s James A. Pirot and his team have coordinated the build-out of the new 107,000-square-foot offices at Empire State Realty… Read more
Meridian’s Famularo Brings Citizens Coffee to Bleecker
Meridian Retail Leasing, the retail leasing division of Meridian Capital Group, has arranged a long-term lease for Citizens Coffee in… Read more
MRI Software Expands Platform Through Acquisitions
Proptech pioneer MRI Software, headquartered in Solon, OH, has expanded its platform with two acquisitions. MRI acquired Leverton, an AI-powered… Read more
Apartment Turnover Rate Continues to Fall; Lowest in Two Decades
New research by Los Angeles-based CBRE shows multifamily turnover, the percentage of total rented units not renewed each year, fell… Read more
VC Firm Sets Up Shop at Newly Renovated 165 Mercer
Venture capital firm Spark Capital has signed on at 165 Mercer St. in Soho. The 4,897-square-foot office lease runs for seven years.… Read more
Olshan Tallies Quartet of Leases at 99 Hudson
Olshan Properties has completed a quartet of new leasing transactions totaling more than 72,000 square feet at its 99 Hudson St.… Read more
Far West Side Parcel Finds Buyer
Ariel Property Advisors has facilitated the sale of 440 W. 36th St., a development site in the Hudson Yards neighborhood.… Read more
GFI Markets Harlem Retail Condo Package
GFI Realty Services has been named the exclusive sales agent for 1325 and 1330 Fifth Ave., a 33,047-square-foot retail condominium package… Read more
Silverstein Caps Building-Wide Revamp of 120 Broadway
Silverstein Properties recently celebrated the completion of its $50-million capital improvements project at the Equitable Building at 120 Broadway. Tenant… Read more
Mid-Block Offices Trade with Repositioning Potential
ABS Partners Real Estate arranged the $37.25-million sale of 62 W. 45th St., a 12-story, mid-block Class B office building… Read more