New York
Hudson Companies Tops Out Construction on Hell’s Kitchen Affordable
Hudson Companies, Housing Works and Broadway Builders have topped out construction on The Lirio, a 145,000-square-foot development with 112 permanently affordable… Read more
Mezz Lender Snags 285 Madison via UCC Foreclosure
Ocean West Capital Partners led the UCC foreclosure of 285 Madison Ave., a 511,000 square-foot office property in Midtown Manhattan… Read more
Connect CRE is Looking for More of 2025’s Rising Stars
Response to our call for nominations in Connect CRE’s ninth annual Next Generation Awards to date has been positive. However,… Read more
Moinian Group Signs Three New Tenants at 72 Madison Ave.
The Moinian Group has signed 16,000 square feet of new office leases at 72 Madison Ave. in Midtown South. The leases… Read more
Issaquah Apartment Complex Bought in Massive Deal
Timbers at Issaquah Ridge, an apartment complex in Issaquah, Washington, has sold for $135.5 million. New York-based Sterling Investors bought… Read more
Gerson Lehman Renews, Workday Expands with ESRT in Midtown
Empire State Realty Trust (ESRT) announced two office leases totaling nearly 120,000 square feet at its office properties in Midtown… Read more
Ferrari Lease Brings 425 Park Ave. to Full Occupancy
L&L Holding Company has leased 425 Park Ave.’s last remaining availability, a bi-level retail space, to Ferrari North America Inc., which will… Read more
Viñoly-Designed Condo Tower Secures $350M Financing
Funds managed by affiliates of Fortress Investment Group, Bizzi & Partners and Bilgili Holding secured $350 million in financing for The… Read more
Feil Partnership Plans Midtown Office-to-Condo Conversion
The Feil Organization along with joint venture partners Lloyd Goldman and the Nakash Family unveiled plans to convert 140 W. 57th St.,… Read more
Vornado Refis 1535 Broadway Retail for $450M
Vornado Realty Trust said its 52% owned street retail joint venture has completed a $450-million financing of 1535 Broadway, a Times… Read more
99 Park Ave. Signs Largest Office Tenant to Date
Amalgamated Bank has signed a 94,045-square-foot, 15-year deal at 99 Park Ave., a 26-story, Class A office tower in Manhattan’s… Read more
LH Charney Adds Six Tenants at 1441 Broadway, Renews a Seventh
LH Charney announced the completion of seven new lease transactions encompassing more than 53,000 square feet at 1441 Broadway, also… Read more
Soloviev Group Signs Trio of 9 West 57th Tenants at $200+/SF
Soloviev Group has secured three new long-term leases at its flagship property, 9 W. 57th St. The deals total 40,728… Read more
David Werner, Metro Loft Land Financing on Second Midtown Resi Conversion
Northwind Group, a Manhattan-based real estate private equity firm and debt fund manager, originated a $90-million senior first-mortgage loan for the acquisition and pre-development… Read more
CMBS Special Servicing Rate Holds Steady in March; Office Leads at 16.2%
The special servicing rate for CMBS loans remained virtually unchanged in March at 9.9%, Morningstar Credit reported. The special servicing… Read more
Arup Relocates NYC Offices to 140 Broadway
Global sustainable development consultant Arup has signed a lease for 99,400 square feet at 140 Broadway, a 51-story office tower… Read more
US Treasuries Shaken by Rising Tariff Fears, Basis Trade Unraveling
The new U.S. tariff regime has upended market expectations and introduced meaningful new variables into the global investment equation. While… Read more
Asana Adds to Tampa Portfolio
Asana Partners has purchased a Carrollwood retail center for $36 million. CPI Limited was the seller. The Tampa Bay Business… Read more