New York
NYC BERS Expands to Full-Floor Lease at 55 Water Street
CBRE arranged a long-term, 78,079-square-foot office lease for the New York City Board of Education Retirement Systems (BERS) at 55 Water… Read more
Related, Battery Park City Authority Expand Affordability at Tribeca Park
The Battery Park City Authority (BPCA) has reached an agreement with Related Companies to preserve and significantly expand rental affordability… Read more
Midtown Office-to-Resi Conversion Secures $480M Financing
Madison Realty Capital originated a $480-million loan to Yellowstone Real Estate Investments for the conversion of 1740 Broadway, a 523,051-square-foot,… Read more
Law Firm Fenwick & West Signs Lease Extension, Expansion
Koeppel Rosen LLC announced that law firm Fenwick & West, LLP has expanded its office footprint at 902 Broadway with… Read more
Global Holdings Wraps Work on 99 Park Avenue Repositioning
Global Holdings, the international real estate development and investment firm led by chairman and founder Eyal Ofer, has completed its… Read more
Union Investment, Nuveen Sell Upper East Side Retail
Union Investment and Nuveen Real Estate have sold their 1511 Third Ave. retail property on Manhattan’s Upper East Side to San Francisco-based Stockbridge.… Read more
SFA Agency Extends, Expands Tenancy at One Battery Park Plaza
Rudin said Tuesday that current tenant SFA Agency LLC will grow its footprint at One Battery Park Plaza, a 35-story, 800,000-… Read more
Hawkins Way JV Grows NYC Student Housing Portfolio with Upper West Side Sale-Leaseback
A joint venture of Hawkins Way Capital and Varde Partners has acquired 117 W. 70th St, a 382-unit student housing… Read more
Law Firm McDermott Leases 7 Floors at BXP’s New 343 Madison Ave.
BXP said Tuesday that law firm McDermott Will & Schulte has signed a lease for approximately 150,000 square feet at 343… Read more
The Malin Establishes NoHo Presence with GFP Real Estate
The Malin, a hospitality-driven workspace operator, has signed a long-term lease for the entire fifth floor at GFP Real Estate’s… Read more
2 Park Avenue Signs 165K SF of Office Leases
JLL arranged 165,361 square feet in a series of leasing transactions at 2 Park Ave., a 1.2-million-square-foot Midtown South office… Read more
MCR Pursuing 1,000 New Miami Airport Hotel Rooms
MCR, owner of the Hilton Miami Airport Blue Lagoon, plans to add 1,000 hotel rooms by using space now used… Read more
Vornado Closes on 49% Stake in Fisher Brothers’ Park Avenue Plaza
Vornado Realty Trust has completed its previously announced acquisition of a 49% interest in Park Avenue Plaza. The 1.2-million-square-foot office… Read more
One Domino Penthouse Sets North Brooklyn Record for Sponsor Sale
Two Trees Management Co. announced that Penthouse 1B at One Domino Square is under contract for $7,750,000. The condominium is… Read more
Boutique Office and Retail Property Fetches $31M in Flatiron District
Atlantic Capital Partners closed the $31-million sale of 893 Broadway, a boutique office and retail building located in Manhattan’s Flatiron… Read more
CMBS Special Servicing Rate Improves in May
The Trepp CMBS Special Servicing Rate decreased by 51 basis points in May to 10.86%. The improvement was driven primarily… Read more
Baker Tilly Acquires Anchin; Will Relocate Headquarters to NYC
Advisory, tax and assurance firm Baker Tilly has agreed to acquire Anchin, Block & Anchin LL, a leading New York-based… Read more
Hotel Investors Target Luxury, Upscale Leisure Properties
Hotel investors are concentrating capital in luxury and upscale leisure properties while new development remains difficult as financing costs remain… Read more