New York
Benefit Street Closes $135M Refi Package for Empire Hotel
Benefit Street Partners L.L.C. (BSP) closed a $120-million senior loan and a $15-million mezzanine loan for the refinancing of the… Read more
Private Equity Firm Expands Offices at 101 Park Ave.
Private equity firm Incline Equity Partners has expanded its footprint to 32,198 square feet at H.J. Kalikow & Co. LLC’s… Read more
Avison Young Names Marion Jones to Lead Capital Markets Strategy
Avison Young has appointed Marion Jones as principal and executive managing director of U.S. capital markets. Based in New York,… Read more
Midtown Bus Terminal Replacement Scores $1.9B Federal Loan
The Port Authority of New York and New Jersey received federal approval of a $1.9-billion loan through the U.S. Department of Transportation toward… Read more
Life Sciences Consultancy Leases First U.S. Office at Vornado’s PENN 1
Lee & Associates NYC represented global life sciences strategy consultancy LifeSciences Consultants in a new lease at Vornado Realty Trust’s… Read more
KnitWell Renews, Expands to 246K SF at BXP’s 7 Times Square
BXP said Monday that it signed an approximately 246,000-square-foot long-term lease renewal and expansion with KnitWell Group at 7 Times… Read more
Pershing Square Makes Bid for Howard Hughes Holdings Takeover
(Updated with additional information) Pershing Square Capital Management CEO Bill Ackman on Monday proposed merging Howard Hughes Holdings with a… Read more
Nominate the Year’s Top CRE Sales and Leasing Brokers
Amid a year of uncertainty, the industry’s leading investment sales and leasing brokers got deals across the finish line. Do you… Read more
Barker Pacific Founder Michael Barker Passes Away, Age 80
Privately held national real estate firm Barker Pacific Group (BPG) announced the unexpected passing of CEO Michael Barker, who founded… Read more
Tishman Speyer Closes $2.85B Refi for The Spiral
Tishman Speyer said Friday it had refinanced The Spiral, its newly constructed Manhattan office tower, with a $2.85-billion CMBS loan. The five-year,… Read more
RXR Takes 49% Stake in News Corp. Headquarters
RXR has acquired a 49% interest in 1211 Ave. of the Americas, which serves as the headquarters of Rupert Murdoch’s News Corporation.… Read more
Newmark Arranges $123M Refi on Yorkville Apartments
Newmark arranged the $123-million refinancing of The Wimbledon, a 28-story apartment property on Manhattan’s Upper East Side. Terms of the financing… Read more
Aritzia Extends and Expands Occupancy at SoHo’s 560 Broadway
Canadian fashion retailer Aritzia has opened a new SoHo Flagship Boutique at GFP Real Estate’s 560 Broadway in SoHo, signing… Read more
Manhattan Office Leasing Posts Best Performance Since 2019
Manhattan office leasing in 2024 posted its best performance since before the pandemic, Avison Young and JLL said in separate… Read more
Williams Equities Picks Up 470 Park Ave. South for $147M
Williams Equities said Monday it had acquired 470 Park Ave. South in Manhattan’s Midtown South for $147.5 million. The historic 300,000-square-foot office property traded for… Read more
Impact.com Commits to Renewal at Williams Equities’ 136 Madison
Williams Equities said it leased nearly 57,000 square feet in 2024 at 136 Madison Ave. In the most recent transaction at the… Read more
CBRE Establishes Global Financial HQ at Lever House
CBRE Group, Inc. said Friday it will establish a Global Financial Headquarters, designed and operated by Industrious, at Lever House,… Read more
Two Park Avenue Office Towers Change Hands in End-of-2024 Deals
Two Park Avenue office properties changed hands just before the end-of-year holidays. Munich Re acquired full ownership of 320 Park… Read more