New York
250-Room Virgin Hotels Chicago Sold at Discount
An affiliate of Michigan-based Accelerated Assets has paid nearly $77.4 million for the 250-room Virgin Hotels Chicago. The hotel, which… Read more
Vertical Construction Launches on Upper East Side Condos
Legion Investment Group and Nahla Capital said Thursday that vertical construction is underway at 1122 Madison Ave., a new condominium development on Manhattan’s Upper… Read more
Law Firm Steptoe Leases Three Floors with Durst Organization
International law firm Steptoe LLP has signed a lease for 57,988 square feet across three full floors at The Durst… Read more
Elsberg Law Firm Relocates Offices to Empire State Building
Empire State Realty Trust, Inc. (ESRT) signed a 39,237-square-foot lease with law firm Elsberg Baker & Maruri PLLC at the Empire… Read more
BSD, TPG Angelo Gordon Partner on Tribeca Residential Redevelopment
A partnership of Broad Street Development (BSD) and TPG Angelo Gordon has acquired 139 Franklin St., a 10-story, 56,384-square-foot self-storage facility… Read more
Fintech Firm Clear Street Renews, Expands 4 World Trade Center Offices
Silverstein Properties said Monday that Clear Street has committed to a 10-plus-year lease extension and an expansion to grow its… Read more
Renowned S. Florida Developer, Donald Soffer, Passes Away at 92
Donald M. Soffer, the visionary behind the town of Aventura, died at his home in Aventura, Florida, at the age… Read more
U.K. Biotech Firm Relocates Lab and Office Space to Alexandria Center
JLL completed a sublease for growing U.K.-based biotech company Ochre Bio at 430 E. 29th St. within the Alexandria Center… Read more
Sigma Computing Joins Tenant Roster at SL Green’s One Madison Ave.
SL Green Realty Corp. has signed a new 64,077-square-foot lease with Sigma Computing, Inc. for a portion of the third… Read more
Convene Comes to SoHo’s Scholastic Building for 16th NYC Venue
Convene, a hospitality company that designs and manages premium meeting, event and flexible workspaces, is expanding into Lower Manhattan’s SoHo… Read more
Alphabet City Mixed-Use Refinanced for $3M
ERG Commercial Real Estate arranged a $3-million refinance of 79 Ave. A, a four-story, mixed-use property located on Avenue A between… Read more
Conference Board Relocates to Full Floor at 875 Third Ave.
Global nonpartisan think tank The Conference Board, Inc. has signed a 20-year lease at Global Holdings’ 875 Third Ave. in… Read more
Ytech Building Another Brickell Highrise
Ytech is developing 7 Broadway, which would total 400,892 square feet in 54 stories, with 113 condos and 193 parking… Read more
Vanbarton Acquires Diocese Headquarters for Office-to-Resi Conversion
Vanbarton Group acquired 1011 First Ave. for $103 million from The Roman Catholic Archdiocese of New York. Eldridge Real Estate… Read more
Arrow Arranges Financing for Office Conversion in FiDi
Arrow Real Estate Advisors arranged $61 million in financing for the acquisition of 5 Hanover Square, a 300,000-square-foot office building… Read more