New York
Related Picks Up Six New York Sites for $234M
Related Companies acquired six sites in New York’s West Chelsea neighborhood from Amerco, the parent company of U-Haul, for $234-million.… Read more
Peter Sabesan and Richard Selig Join Cresa NY
Peter Sabesan and Richard Selig have joined Cresa’s New York office as managing principals, continuing its recent expansion. “As the… Read more
Neiman Marcus Offers Knickerbocker New Year’s Eve as Fantasy Gift
Here’s one Christmas gift that you won’t be able to find on Amazon Prime: as part of Neiman Marcus’ “Christmas… Read more
World’s Largest Real Estate Investment Markets are Tokyo, NY and LA
The world’s largest commercial real estate investment markets have a global stock of investable assets that stands at $27.5 trillion,… Read more
Renovated Film Center Building Gets 16K in New Leases
Four companies have leased a total of 16,000 square feet of office space at 630 Ninth Ave., the recently-renovated landmark… Read more
Brokers at the Ballpark
Someone knows how to celebrate. Eastern Union Funding took more than 100 top-performing brokers, staff and their families out to… Read more
German Fund Divests Historic New York Building for $195M
New York-based Savanna acquired The Berkeley Building in Midtown Manhattan from German investment manager Deka Immobilien for $195 million. The… Read more
Film Center Building Gets Renovation and $75M Refi
GFP Real Estate borrowed $75 million to refinance 630 Ninth Ave., the recently-renovated landmark also known as the Film Center… Read more
JPMorgan Chase Continues Building CRE Team
JPMorgan Chase expanded its commercial real estate team with the addition of Winston Fant to lead CRE Treasury Services, and… Read more
NYC’s Most Expensive Residential Neighborhood is…
The Flatiron District became the most expensive neighborhood in New York City in the third quarter of 2017, according to… Read more
Cushman & Wakefield Arranges $550M for Two Upper East Side MF’s
The Chetrit Family and Stellar Management secured $550 million of fixed-rate financing for Yorkshire Towers and Lexington Towers in New… Read more
NYRT Divests Trio of NY Buildings for $514M
New York REIT, Inc. (NYRT) sold three properties in New York’s Silicon Alley to Columbia Property Trust for $514.1 million.… Read more
Alvin Ailey Comes to Secaucus, NJ
Alvin Ailey American Dance Theater has signed a lease for 17,583 square feet of warehouse space at 1 County Road… Read more
$225M Refi for Retail and 650 Fifth Ave.
SL Green Realty Corp. and its partner, Jeff Sutton’s Wharton Properties, have borrowed $225 million from Aareal Bank to refinance… Read more
Extell Spends $80M on Another Condo Development Site
Extell Development paid $80 million for a development site on the corner of Broadway and 96th St. on Manhattan’s Upper… Read more
NKF Completes $45M Sale of Northpointe
Connect Inland Empire is planned for Wednesday, October 18th. Here’s where to register for the conference. Northpointe, a five-story, 280,173-square-foot… Read more
$100M for East Side Greenway
City officials are finally designing a new section of the Greenway on the Manhattan Waterfront. The latest piece of the… Read more
Panama Canal Expansion Drives East Coast Port Boom
The expanded Panama Canal is reshaping trade routes since completion in June 2016 of the $5.4-billion, nine-year project. The larger… Read more
CBRE Report: Data Center Market Continues to Remain Stable
Investment in the U.S. data center sector reached record levels in the first half of 2017, totaling $18.2 billion, already… Read more