New York
KPG Plans High-End Office, Retail in South SoHo
K Property Group has purchased 446 Broadway, a five-story circa 1915 commercial building in SoHo, in a $46.7-million deal brokered… Read more
Waldorf Reopening is Pushed Back a Year
The iconic Waldorf Astoria is now tentatively slated to reopen as a hotel-condominium tower in 2021, a year later than… Read more
Fast-Growing Storage Startup Leases IDI’s 8A Spec
Storage and moving services startup Clutter has inked a full-building lease with IDI Logistics at the newly-constructed 1065 Cranbury South… Read more
SL Green Exits 3 Columbus Circle Stake
SL Green Realty Corp., which recapitalized the Moinian Group’s then-distressed 3 Columbus Circle redevelopment project in 2011, is exiting its… Read more
Jerry Cain Joins JLL’s Global Funds Advisory Platform
JLL boosted its global funds advisory platform with the announcement that Jerry Cain (pictured above right), a veteran capital advisor… Read more
Javits Center in Line for Solar Installation on Rooftop
New York State’s power authority has issued an RFP to install up to 1.4 megawatts of solar renewable energy on… Read more
Next Generation Honoree: Michael Rudin, a Mover and Shaker at the Intersection of CRE and Tech
“The relation of real estate and technology is at an incredible intersection right now,” Michael Rudin told Leaders magazine in… Read more
Next Generation Honoree: Hansen Grows New York for Boston Properties
As a director with Boston Properties’ New York City office, Peter Hansen manages the office and retail leasing of an… Read more
Next Generation Honoree: Colliers’ Ferriello Handles Tech Firms Across Every Stage of Business
Eric Ferriello is co-leader of the Media and Technology Group at Colliers International. In that capacity, he has represented the… Read moreRanked: America’s Most Expensive Real Estate
Neighborhood X’s recently-released report outlines the most expensive real estate per-square-foot across America. The data was compiled using the asking… Read more
$500M Refi for Trio of Prominent Hotels in NY, Miami, D.C.
Three prominent hotels totaling 1,049 rooms in New York, Miami and Washington, D.C. have been refinanced for $503 million by… Read more
WeWork Opts for 7 Floors at Jack Resnick’s Plaza District Tower
WeWork, which announced a sizable Far West Side lease at 21 Penn Plaza earlier this week, has also enlarged its… Read more
Stalled Conversion of Maritime Battery Bldg. Gets a Lifeline
Midtown Equities is expected to take a 30% equity interest in the unfinished conversion of the Battery Maritime Building into… Read more
WeWork Takes 260K SF at TH Real Estate’s 21 Penn Plaza
TH Real Estate, an affiliate of Nuveen, the investment management arm of TIAA, leased 258,344 square feet at 368 Ninth Ave.… Read more
Marcus Enters JV with Dalan on NoMad Offices
Marcus Partners has acquired two adjacent Midtown South properties at 10-12 E. 33rd St. from Dalan Management, which will partner… Read more
Apollo Expands Footprint at Solow Building
With Apollo Global Management’s fee-related earnings jumping by 40% in a 12-month period, the private equity giant needed more headquarters… Read more
NYC Unemployment at Historic Lows, Economy Lags U.S.
City Comptroller Scott Stringer’s report on the city’s economy offers a mixed outlook. On the one hand, the report finds… Read more
Aries Conlon Rebrands to Mag Mile Capital
Aries Conlon Capital is rebranding to Mag Mile Capital and relocating its headquarters to Willis Tower. CEO Rushi Shah (pictured)… Read more
Kathy Thurston Joins PGIM from CIBC
PGIM expanded its real estate debt strategies platform with the addition of Kathy Thurston as an executive director and assistant… Read more