New York
5 Penn Plaza Continues Leasing Momentum with Two New Deals
JLL arranged an additional 19,000 square feet of office leases at 5 Penn Plaza as the repositioned Midtown Manhattan office… Read more
RFR Completes $1.2B CMBS Refi of Seagram Building
In one of the largest successful recapitalizations of the year, RFR has finalized a $1.2-billion securitization to help refinance debt… Read more
600 Lexington Signs Three New Tenants, Renews a Fourth
Cushman & Wakefield arranged three new long-term leases and one lease renewal totaling 31,274 square feet at 600 Lexington Ave., a 300,000-square-foot office… Read more
Midtown Manhattan Office Duo Trades at Steep Discount in Short Sale
A pair of century-old Midtown Manhattan office buildings are trading at a steep discount as lenders look to cut their… Read more
Newmark More Than Triples Footprint at 125 Park Ave.
Newmark signed a 15-year, 144,418-square-foot renewal and expansion lease at SL Green Realty Corp.’s 125 Park Ave in Midtown Manhattan.,… Read more
Rockpoint, Brooksville Secure $275M Refi on Wall Street Multifamily
Newmark arranged a $275-million loan to refinance 63-67 Wall St., a two-tower multifamily asset located in Lower Manhattan’s Financial District. Co-president of Global Debt… Read more
NY State Issues RFP for Hell’s Kitchen Parcel Near Intrepid Museum
New York Gov. Kathy Hochul on Friday announced a Request for Proposals for the redevelopment of 621 W. 45th St.,… Read more
KPG Markets Newly Completed Boutique Offices for Sale
KPG Funds, the New York-based owner and developer of boutique Class-A office buildings, held the grand opening of its newly completed Le… Read more
Resnick Signs Two Financial Firms at One Seaport Plaza
Jack Resnick & Sons finalized two new leases totaling 20,158 square feet with financial firms Forte Capital Group and Accounting & Compliance International… Read more
Marx Realty Unveils Baccarat Partnership at Madison Avenue Offices
Marx Realty and Baccarat have unveiled their collaboration at 545 Madison Ave. The building, colloquially known as the Baccarat Building, is located between 54th and 55th Streets… Read more
Neuberger Berman Surpasses Target with Real Estate Secondaries Fund
Investment manager Neuberger Berman has reached the final close of NB Real Estate Secondary Opportunities Fund II LP (RESOF II),… Read more
Accrete More Than Doubles Footprint at RFR’s 17 State St.
RFR has signed a new 13,757-square-foot, long-term lease with Accrete, more than doubling the firm’s footprint at 17 State St. in… Read more
Marcus & Millichap Closes Sale of Midtown West Mixed-Use
Marcus & Millichap arranged the sale of 640-644 Tenth Ave., a 27-unit mixed-use property in Midtown West’s Hell’s Kitchen neighborhood.… Read more
Manhattan Retail Corridors Show Leasing Strength; Rent Growth is Subdued
Manhattan retail activity in the second half of 2024 was bolstered by a strong jobs market, near-record tourism and steady… Read more
750 Lexington Team Completes 50K SF of Leases
Bradford Allen has completed 50,000 square feet of new leases at 750 Lexington Ave. in Midtown Manhattan’s Plaza District. Glenn Isaacson, the firm’s New… Read more
L&L Secures Two Extensions with 600 Third Ave. Tenants
L&L Holding Company has signed two lease extensions totaling 55,269 square feet at 600 Third Ave., its modernized 42-story Midtown East… Read more