New York
Google Debuts Pixel Phone, Faces ‘Go-to-Market’ Retail Challenges
Google introduced its latest smartphones, smart speakers and wireless routers. The unit of Alphabet Inc. solved design, supply chain and… Read more
655-Room NY Marriott East Side Up for Sale – Again
Deka Immobilien and Askenazy Acquisition are putting the 655-key New York Marriott East Side up for sale, 18 months after… Read more
Axiometrics: Apartment Supply by Market and Renter Occupations
Axiometrics has released data on the top markets for new apartment supply coming online. Baby boomers and millennials represent the… Read more
Visiting Nurse Service Inks 308K-SF Deal at East 42nd
The Visiting Nurse Service of New York (VNSNY) struck a deal with SL Green Realty Corp. on a 30-year leasehold… Read more
NGKF Completes $122M Sale of CH2M Global HQ
NGKF completed the $122-million sale of CH2M’s global HQ in Englewood, CO. The buyer was New York-based Angelo, Gordon &… Read more
Connect Apartments: “Cashflow Kings” Suggest Enough Capital for Small Deals
By Amy Wolff Sorter The focus of multifamily capital tends to be on massive transactions; the just-completed, Class A trophy… Read more
Canadian Consulate Consolidates to Park Avenue Address
The Permanent Mission of Canada to the United Nations and the Consulate General of Canada in New York are taking… Read more
JV Closes on $112M Partial Buy of NYC’s Apthorp
Thor Equities and Imperial Cos. acquired 70 units of the 163-unit Apthorp on Manhattan’s Upper West Side. The 93 remaining… Read more
530K-SF MXU Rise at Prospect Park Arises
CA Ventures began work on Rise at Prospect Park, a 530,000-square-foot, mixed-use development. The property will have 336 rental units… Read more
Houston Leads the Country in Imports — Again
The Houston area was ranked first in the U.S. for total goods exported last year, according to a Department of… Read more
Which U.S. Metros are Most Recession-Proof?
How resilient are the 10 biggest metro areas in the U.S., and how would they perform in the face of… Read more
Enbridge to Pay $28B for Spectra Energy
Canadian pipeline company Enbridge Inc. entered into an agreement to buy Houston-based Spectra Energy Corp. in an all-stock deal valued… Read more
Cushman & Wakefield Revs Up Automotive Specialty Group
Cushman & Wakefield has opened its Automotive Specialty Practice Group, led by Jeffrey Green, in the company’s New York office.… Read more
A Monumental Opening for Westfield’s WTC Mall
Westfield Corp. opened the $1.5-billion Westfield World Trade Center this week, nearly 15 years after 9/11 wreaked havoc on New… Read more
McSam Hotel Group Obtains $215M Loan for NYC Doubletree Refi
The McSam Hotel Group, which is developing the 35-story Doubletree by Hilton Hotel in Manhattan, has snagged a $215-million refinance… Read more
Extell, SMI Join Forces on $3B MXU Central Park Tower
Luxury real estate developer Extell Development Co. is teaming with Shanghai Municipal Investment’s U.S. arm, SMI USA, to develop the… Read more
Job Openings Increase, Layoffs Decrease
The U.S. Labor Department’s monthly Job Openings and Labor Turnover Survey (JOLTS) reported an increase in job openings in June.… Read more
RXR Realty to Build its First MF for $200M
RXR Realty, which owns large office buildings throughout New York City, has closed a deal to develop its first multifamily… Read more
Huntington Beach MXU Envisions Authentic Surf-Inspired Live/Work Environment
By Dennis Kaiser The Residences at Pacific City is quickly progressing towards its opening date in early 2017 in Huntington… Read more