New York
LNR Property, Canyon Partners Vets Create New REIT
Commercial real estate finance industry veterans Justin Kennedy, Toby Cobb and Jonathan Roth launched 3650 REIT. The national commercial real estate lending, investment and… Read more
NYC Ferry On Course to Add New Route
The launch of NYC Ferry’s new route, connecting the Bronx with various points in Manhattan, is on course to begin… Read more
How Millennials Drive Tomorrow’s Real Estate Trends
As Millennials in the U.S. settle into their 20s and 30s, affordable mid-sized tech hub cities, select city-center neighborhoods and… Read more
Rubenstein Partners Establishes NYC Base
Having been an active investor in New York City office property for several years, Rubenstein Partners is now a tenant… Read more
CREW New York Gears Up for 40th Anniversary Gala
CREW New York will celebrate its 40th anniversary with a fundraising gala scheduled for Oct. 4 at the Edison Ballroom… Read more
$4.9B LAX People Mover Contract Approved
LAX Integrated Express Solutions (LINXS) was awarded a $4.9-billion, 30-year contract to design, construct and operate the planned people mover… Read more
Vornado Sees ‘Handshake’ Deal to Sell 666 Fifth Stake
Vornado Realty Trust’s chairman said Friday the REIT has reached a tentative agreement to exit its 49.5% stake in 666… Read more
Nespresso Brews Up Deal for New Midtown HQ
Nestle’s Nespresso unit is relocating its North American headquarters to 41,800 square feet at Empire State Realty Trust’s 111 W.… Read more
Affinia Hotels Get New Name; Upper East Side Property Gets Redesign
Denihan Hospitality has rebranded its Gardens NYC all-suite hotel on the Upper East Side as Gardens Suites Hotel by Affinia,… Read more
Chicago Stock Exchange Sold to NY Exchange’s Parent
Intercontinental Exchange (ICE), parent organization of the New York Stock Exchange, has agreed to acquire the Chicago Stock Exchange (CHX),… Read more
2017 Construction Starts Valued at $38B, Says Building Congress
Private and public construction that got underway across the five boroughs in 2017 ultimately will reach $38 billion in value,… Read more
CushWake Arranges 3 Office Deals at 2 Park
Cushman & Wakefield has completed three transactions on behalf of 2 Park Ave.’s ownership, totaling approximately 45,000 square feet. The… Read more
JSN Brings Tribeca Office Condo to Market
JSN Properties has been retained to sell a high-end office condominium at 81 Walker St. in Lower Manhattan’s Tribeca neighborhood… Read more
Development, Construction Veteran Joins Trinity Place
Charles Gans has joined Trinity Place Holdings as SVP after rising through the ranks at the New York City Economic… Read more
Marcus & Millichap Team Brokers UWS Apartment Portfolio
Marcus & Millichap has arranged the $16.85-million sale of West Bridge Associates Portfolio, a six- building apartment portfolio on Manhattan’s… Read more
McDermott Lands RE Finance Team from DLA Piper
Global law firm McDermott Will & Emery has expanded its real estate finance capabilities with the arrival of a team… Read more
Cuomo Proposes State Takeover of Penn Station Vicinity
Gov. Andrew Cuomo has proposed that New York State take control of a development zone around Penn Station in Midtown.… Read more
Inked Branches Out into Retail with SoHo Location
Quadra Media’s Inked Magazine is expanding into retail with a lease in SoHo for what will be its flagship store.… Read more
REBNY Adds Government Affairs SVP
The Real Estate Board of New York has appointed Reggie Thomas as SVP for government affairs, effective April 16. He’s… Read more