New York
Owners of Adjacent Park Avenue Sites Seek $500M in Sale
The owners of two adjacent Park Avenue sites in Midtown Manhattan are seeking a buyer for what could be a… Read more
Global Literary Agency Relocates NYC Offices
John Thompson and Justin Gentile of Resolution Real Estate, a member of NAI Global, have leased a 5,200-square-foot office, spanning the… Read more
Ariel Closes Sale of East Harlem Development Site
Ariel Property Advisors closed the sale of a 55,000-buildable-square-foot development site at 7-11 E. 115th St. in East Harlem for $8.9… Read more
3650 Capital, Bank OZK Finance Stamford Multifamily Development
3650 Capital originated a $32-million mezzanine loan to facilitate the ground-up construction of The Coastline, a Class A, 198-unit multifamily… Read more
City Planning Commission Endorses OneLIC Rezoning Plan
The City Planning Commission (CPC) on Wednesday voted in favor of the OneLIC Neighborhood Plan, a proposal that would revamp… Read more
U.S. Apartment Deliveries Remain Elevated in 2025
New apartment construction in the U.S. continues to be elevated in 2025, with an estimated 506,353 units expected for delivery… Read more
Political Risk Premium Fuels Treasury Curve Steepening
The attempted firing of Federal Reserve Governor Lisa Cook by President Trump has injected a new layer of uncertainty into… Read more
SL Green Goes Under Contract for Midtown East Development Site
SL Green Realty Corp. said Tuesday it has entered into a contract to purchase 346 Madison Ave., the former Brooks… Read more
Norges Bank JV to Acquire Americas Tower in Midtown Manhattan
Norges Bank Investment Management said Tuesday it had agreed to acquire a 95% interest in Americas Tower, an office property… Read more
Men’s Health Clinic Signs with GFP for First Manhattan Location
Atlas Men’s Health, a leading men’s health clinic based on Long Island, has signed a five-year lease for 3,800 square feet… Read more
Westbeth Artists Housing to be Recapitalized via Freddie Mac, NY State
Merchants Capital provided $25.2 million in financing as part of the recapitalization and rehabilitation of Westbeth Artists Housing, a 384-unit historic, mixed-use… Read more
Penn Station Rebuild Now Projected to Commence in 2027
U.S. Transportation Secretary Sean P. Duffy and Special Advisor to the Amtrak Board Andy Byford announced that the New York… Read more
Delinquency Rate Among KBRA-Rated CMBS Reaches 7.9%
Kroll Bond Rating Agency (KBRA) said Thursday that the delinquency rate among KBRA-rated U.S. private label CMBS increased to 7.9%… Read more
BXP Completes Amenities Upgrade at 510 Madison
BXP has completed the new amenity spaces at 510 Madison, a 345,000-square-foot boutique office and retail building in Midtown Manhattan’s Plaza… Read more
Upper East Side Luxury Condos Secure $73M Construction Loan
Arrow Real Estate Advisors arranged $73,000,000 in construction financing from Madison Realty Capital for the ground-up development of 171 E.… Read more
875 Third Ave. Adds Two Local Favorites to F&B Offerings
Global Holdings secured two new retail leases at the base of its Class A office tower, 875 Third Ave. in… Read more