New York
ASB Trades 400 Madison to Daishin for $195M
ASB Real Estate Investments has sold 400 Madison Ave., a landmarked 180,000-square-foot Midtown East office building, for $194.5 million to… Read more
Law Firm Re-Ups, Expands at Graybar Building
Business law firm Cohen, Tauber, Spievack & Wagner has stayed on at SL Green Realty Corp.’s 420 Lexington Ave., also… Read more
JV Closes on $158M Buy of UWS Site
A joint venture between Korea-based Daishin Securities Co. and Alchemy Properties has closed on its $158-million purchase of an Upper… Read more
Finding a New Healthcare Purpose for Obsolete MOBs & Shuttered Hospitals
Connect Healthcare had the pleasure of speaking with John S. Wadsworth, a senior vice president with Colliers’ healthcare services group.… Read more
WeWork Signs Full-Building Deal with CXP
WeWork has leased up the entire 115,000-square-foot office portion of Columbia Property Trust’s (CXP) 149 Madison Ave. The REIT will… Read more
CushWake Advises Church on Student Housing SLB
Cushman & Wakefield advised The Riverside Church on its recent acquisition, leaseback and financing of McGiffert Hall at 97-101 Claremont… Read more
Midblock Hell’s Kitchen Parcel Trades for $4.65M
A Hell’s Kitchen development site that’s destined to hold residential condominiums has changed hands in a sale arranged by Cushman… Read more
Development Success Means “Timing, Basis, Execution”
By Paul Bubny Two developers with decades of experience and different positions in the marketplace. One is a boutique shop… Read more
Green Street: Office Sector Faces Headwinds
One of the biggest headwinds for operating fundamentals this cycle for the office sector has been densification, or increased utilization… Read more
Ceruzzi, Kuafu Top Out UES Condo Tower
Ceruzzi Properties has topped out at 147-151 E. 86th St., its $415-million, 230,000-square- foot mixed-use development in partnership with Kuafu… Read more
Bond Collective Inks Coworking Deals in SoHo, Greenpoint
Coworking firm Bond Collective has branched out into new locations in SoHo and Brooklyn’s Greenpoint neighborhood, with leases totaling nearly… Read more
Lee NYC’s James Wacht on a “Very Active” Leasing Market
“We’re seeing a very active market” at present, up significantly by comparison to even six months ago, said New York… Read more
CREW Network Elects 2019 Board of Directors
Six commercial real estate leaders were elected to the 2019 CREW (Commercial Real Estate Women) Network Board of Directors, which… Read more
SeatGeek Claims 73K SF in NYC’s Flatiron District
SeatGeek signed a new lease for 72,800 square feet of office space at the Rosen family-owned 902 Broadway in Manhattan’s… Read more
Isabel Marant, Others Sign Deals at Chelsea Arts Centre
ABS Partners Real Estate has arranged 36,088 square feet in new leases at the Chelsea Arts Building, a 125,000-square-foot property… Read more
“A Huge Amount of Opportunity” for Borrowers (Event Coverage)
“We’re seeing a hugely inefficient debt market,” said CBRE Capital Markets’ Mark Fisher (pictured), moderator of the panel at Thursday’s… Read more
SL Green Under Contract for Sale of UES Properties
SL Green is under contract to sell its fee interest in 1231 Third Ave. and an Upper East Side Assemblage… Read more
Sard Verbinnen Takes 2 Floors at Vornado’s Third Ave. Tower
Lee & Associates NYC’s Alan Friedman has arranged a 15-year, 65,068-square-foot lease for Sard Verbinnen & Co. (SVC) at 909… Read more
Hackman Capital Buying CBS Television City for $700M
Los Angeles-based Hackman Capital Partners is acquiring CBS Corp.’s Television City production studios in Los Angeles’ Fairfax District for reportedly… Read more