New York
Heron Tower Renovated to Earn LEED Gold
Takenaka has renovated Heron Tower to be so efficient, the 27-story office building has earned a LEED Gold certification. That’s… Read more
$13M for Air Rights, Apartments, Offices and Retail at 1220-24 Lexington
SMA Equities paid $13 million for a truly mixed-use building — including eight apartments, six offices and four retail storefronts… Read more
LA Finally Matches NY as Foreign Investor Favorite
Los Angeles, for the first time, tied New York as the top city in the U.S. for foreign investors, according… Read more
ViaWest Picks Up PHX Industrial for $60M
Phoenix-based ViaWest Properties LLC and a JV partner acquired 10 Chandler, a 553,317-square-foot industrial park in Chandler, AZ for $60… Read more
$58M Lyric Market Food Hall Coming to Houston
Connect Houston is right around the corner! Log on here for more details. Houston real estate developer Jonathan Enav unveiled… Read more
Carlyle Divests Alexandria MF for $111M
Rockville, MD-based The Donaldson Group (TDG) and New York-based Angelo, Gordon & Co. acquired Cityside at Huntington Metro, a 569-unit… Read more
BofA Takes 386K-SF HBO Building Across from Bryant Park HQ
Brookfield Property Partners signed a lease with Bank of America at 1100 Sixth Ave. in New York. The giant bank… Read more
Condo Prices Fall in 2017, According to the Halstead Quarterly Report
The average price of a condominium fell to $2.7 million in the fourth quarter of 2017. That’s down 11% compared… Read more
Assa Pays $1.2M for Illegal Airbnb Apartments
Salim Assa agreed to pay $1.2 million in a settlement over apartments illegally listed on Airbnb. That’s the largest payment… Read more
New York Proton Center Nears Completion in East Harlem
Workers are beginning the final installation of proton beam equipment at New York Proton Center (NYPC), which will provide advanced… Read more
LEED Platinum for 10 Hudson Yards
The first office tower at Hudson Yards — 10 Hudson Yards — has earned a LEED Platinum certification. It’s the… Read more
$127M Refi for Moin’s Mondrian Park Avenue Hotel in NYC
The Moin Development Corp secured $126.57 million in refinancing for the Mondrian Park Avenue, a 190-room, luxury, lifestyle hotel in… Read more
National Apartment Vacancy Rate Increases, New Supply in Pipeline
The apartment market continued to face pressure from added supply in the fourth quarter, as the national vacancy rate increased… Read more
$190M to Build 77 Greenwich St.
Trinity Place Holdings borrowed $189.5 million to build a 300,000-square-foot tower with 90 luxury condominiums at 77 Greenwich St. in… Read more
Longtime Tenants Stay at 355 Lexington Ave.
Two nonprofits are leaving their offices at 355 Lexington Ave. for new spaces in the same building. Since 1997, the… Read more
Most Visited Cities by Americans
It’s the holidays and traveling is nearly synonymous with the season, which means it’s a good time to see where… Read more
Record Holiday Travel Predicted
Travel experts believe the 2017 holiday season from December 23 through New Year’s night will set a new record. In… Read more
Blackstone Completes 2017’s Largest Suburban Chicago Office Deal
New York-based Blackstone Group divested a Lisle office complex in what ranks as the largest suburban Chicago office sale of… Read more
Dermot Gallagher Joins L&L Holding Company as MEP Superintendent
Dermot Gallagher will be the mechanical engineering and plumbing (MEP) superintendent at 425 Park Ave., the 47-story tower developed by… Read more