New York
Landmarked Midtown Tower Scores $120M Refi
A JLL Capital Markets team has arranged a $120-million floating-rate loan to refinance 130 W. 42nd St., a landmarked office… Read more
Airbnb Shares Blame for Rising Rents, Says Comptroller
Apartment renters citywide paid $616 million in additional rent in 2016 due to the exponential growth of Airbnb listings, according… Read more
William Kaufman Inks Quartet of Leases at 437 Madison
The William Kaufman Organization recently arranged a new lease, two expansions and a renewal at 437 Madison Ave. In the… Read more
Fire Pension Fund Crosses East River to Battery Park
The New York City Fire Pension Fund is vacating fire department headquarters at MetroTech Center in Brooklyn for Lower Manhattan.… Read more
Paramount Leases 5 Floors to McGraw-Hill Education
Paramount Group Inc. said it has signed McGraw-Hill Global Education Holdings to 136,176 square feet at its 1325 Ave. of… Read more
Brookfield & Lendlease on Buying & Selling in Today’s Market
Connect New York featured some of the city’s heaviest hitters in development, investment, brokerage and other sectors. Two of them,… Read more
Effective Office Rents Drop in Major Cities, But Not in California
Fueled by extensive new construction underway and large quantities of older space flooding the office market, U.S. landlords in major… Read more
Latham & Watkins Heads West to Sixth Ave.
Latham & Watkins is relocating its New York offices to the Rockefeller Group’s 1271 Ave. of the Americas. Currently located… Read more
HNA, SL Green Reportedly Talk Deal for 245 Park
HNA Group is reportedly discussing a sale of 245 Park Ave. to SL Green Realty Corp., which is developing One… Read more
BBG Elevates DiPietra to Managing Director in NY Office
Valuation advisory firm BBG has promoted director Jon DiPietra (pictured) to managing director of the New York office. With a… Read more
Bilingual School Lyceum Kennedy Renews at 815 Second
International school Lyceum Kennedy, which serves both the French-American and Japanese-American student communities in New York, will remain at 815… Read more
RCM Reaches $2T in Investment Property Transactions
Commercial real estate industry professionals have leveraged Carlsbad, CA-based Real Capital Markets’ (RCM) technology platform to transact more than $2… Read more
More Space is a Piece of Cake in Baking Retailer’s Relocation
Baking supplies retailer New York Cake will have more room for fondant tools and icing spatulas when it expands its… Read more
Dealpath Forms Partnership with CompStak for CRE Investment Data Analysis
New York-based CompStak struck a strategic partnership with San Francisco-based Dealpath. Institutional investment teams who leverage Dealpath for pipeline tracking,… Read more
Silverback, Caerus Will Bring High-Rise to Emerging Uptown Neighborhood
Silverback Development has partnered with the Caerus Group to co-develop a $47-million multifamily residential high-rise in Upper Manhattan’s Hudson Heights… Read more
New York-Presbyterian Unveils $1.1B Ambulatory Center
New York-Presbyterian cut the ribbon this week on its New York-Presbyterian David H. Koch Center, a 740,000-square-foot facility on the… Read more
Dailymotion Subleases in Flatiron District for U.S. HQ
Cushman & Wakefield has arranged a 3.5-year, 21,657-square-foot off-market sublease for Dailymotion at Two Tree Management’s 50 W. 23rd St.… Read more
McDermott Law Firm Commits to Four Floors at One Vanderbilt
SL Green Realty Corp. has moved closer to its goal of having One Vanderbilt Ave. 37% pre-leased by year’s end,… Read more
MIPIM, MetaProp NYC Line Up 2nd Annual PropTech Summit
MIPIM organizer Reed MIDEM and MetaProp NYC have slated the second annual MIPIM PropTech Summit for Nov. 6 at The… Read more