New York
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
Brokers Walk to Fight Addiction
Nearly 3,000 walkers and runners gathered for the Shatterproof Rise Against Addiction 5K Run/Walk on Oct. 1, 2017 at 84… Read more
New Leases Total 46K-SF at 605 Third Ave.
Three companies leased a total of 45,824 square feet of office space at 605 Third Ave. a 1.1-million-square-foot, Class A… Read more
New Renderings for Essex Crossing
The developers of Essex Crossing have unveiled new renderings of the next phase of their giant project on the Lower… Read moreLandlords Lure Retailers
Property owners can do a lot to attract retail tenants, according to experts interviewed for “Insights: In the NY Retail… Read more
John Simons Joins Jonathan Rose Companies
John Simons is the new regional manager for New York for Rose Community Management, the property management arm of leading… Read more
Knickerbocker Village Prepares for More Hurricanes
A giant apartment complex damaged by Hurricane Sandy will get a $33.5 million grant to help prepare for the next… Read more