New York
Burlington Coat Factory Expands in Relocation to 620 Ave. of the Americas
RXR and Hudson Bay Capital secured the tenancy of Burlington Coat Factory at 620 Ave. of the Americas in the… Read more
JV of Leyad, Capstone Acquires Hell’s Kitchen Hotel at $275K Per Key
Leyad, a real estate investment firm based in Canada, has acquired the Ink48 Hotel in Midtown Manhattan’s Hell’s Kitchen neighborhood in… Read more
Ariel Arranges $34M Acquisition Debt for UES Luxury Rentals
The Capital Services Group for Ariel Property Advisors has arranged a $33.75 million acquisition loan for Renoir House, a 105,282-square-foot,… Read more
1900-Vintage Multifamily Sells at Under-4.5% Cap Rate
Marcus & Millichap closed the sale of 77 Barrow St., a multifamily property in Manhattan’s West Village, for $6.7 million. Joe… Read more
NYC Police Foundation Relocates to RXR’s 530 Fifth Ave.
The New York City Police Foundation, Inc., a nonprofit that provides resources for the NYPD to build bridges with the community, has… Read more
Adaptive Reuse of West Village Garage Lands $120M Construction Loan
(Updated with additional information) Marathon Asset Management’s commercial real estate platform has originated a $120-million construction loan for 125 Perry St.,… Read more
Travelers Renews 10-Year Lease for 123K SF at 485 Lex
The Travelers Insurance Company has executed a 122,788-square-foot renewal at SL Green Realty Corp.’s 485 Lexington Ave. in Midtown Manhattan.… Read more
Lincoln Market Will Open Ninth Location at Silverstein’s River Place
Lincoln Market recently signed a 20-year lease for a 35,809-square-foot-store at River Place, 660 W 42nd St. The store is among the largest… Read more
SL Green Signs Alvarez & Marsal for 220K SF at 100 Park Ave., Extends Mortgage
SL Green Realty Corp. said Monday it had secured a new 220,221-square-foot lease with global professional services firm Alvarez &… Read more
Calvin Klein Will Open Flagship Store in SoHo
Calvin Klein plans to open a flagship store at SHVO’s 530 Broadway in SoHo, parent company PVH Corp. said on… Read more
Manhattan Office Leasing Beats Five-Year Average for Eighth Straight Month
Led by Ropes & Gray’s 429,342-square-foot commitment at 1285 Ave. of the Americas, Manhattan office leasing activity totaled 1.82 million… Read more
Brooks Brothers Will Open Global Flagship Store at 195 Broadway
Brooks Brothers will open a global flagship store at L&L Holding Company’s 195 Broadway, re-establishing a footprint in the Lower Manhattan… Read more
NYC’s First Soccer-Specific Stadium Breaks Ground at Willets Point
City officials and the New York City Football Club (NYCFC) broke ground on Etihad Park, New York’s first professional soccer-specific… Read more
Distiller William Grant & Sons Brings US Headquarters to 902 Broadway
Koeppel Rosen LLC, leasing and management agent for the Rosen family portfolio, said that global family-owned distiller William Grant &… Read more
236-Unit North Hollywood Multifamily Trades in Off-Market Sale
Berkadia closed the sale and financing of Marquee, a 236-unit, garden-style multifamily property in North Hollywood. Senior managing director Adrienne Barr and director… Read more
Avison Young Arranges $21.5M Midtown Office Sale
Avison Young has arranged the sale of an 81,082-square-foot office property at 15 W. 36th St. in Midtown Manhattan on behalf… Read more
WeWork Will Manage 304K-SF Penn District Space for Amazon
WeWork Inc. has signed a 304,000-square-foot lease in a partnership with Amazon, the New York Business Journal reported. The coworking company… Read more
Maddd Equities Bringing Affordable Condos to Central Harlem
A 73-unit affordable mixed-use condominium will be constructed at 132 E. 125th St. at Lexington Avenue, bringing homeownership opportunities to… Read more
SL Green Extends $1.25B Mortgage on One Madison Avenue
SL Green Realty Corp. said Tuesday that it closed on a modification and extension of the $1.25-billion mortgage facility on… Read more