New York
Empire Group Starts Work on $170M Phoenix Apartment Tower
Empire Group of Cos. has closed on a $131.2 million financing package and broken ground on The Whitney. The Phoenix… Read more
Gastropub Operator Chooses NoMad for Fifth Manhattan Location
Newmark Retail arranged a 13,900-square-foot lease for Stout NYC at 373 Park Ave. South in Manhattan’s NoMad neighborhood. The transaction marks the gastropub operator’s… Read more
Centerbridge Commits to Two Floors at Rudin’s 345 Park Ave.
Rudin said Tuesday that Centerbridge Partners will establish its New York City headquarters at 345 Park Ave., Rudin’s 44-story Plaza District office… Read more
Investment Firm Acquires SoHo Mixed-Use for $43M
AV Management, a private New York based investment firm, completed the acquisition of 73-75 Sullivan St. in SoHo from a… Read more
Family Office Collective Teams with Delshah, A.M. Properties on Midtown Office Condo
(Updated with additional information) REALM, in partnership with Delshah Capital and A.M. Properties, has acquired CitySpire, a 377,000-square-foot office condominium comprising 24 floors within… Read more
Mott Haven Affordable Project is First to Complete NYC’s New Expedited Land Use Review
The New York City Council approved the City’s first Expedited Land Use Review Procedure (ELURP) application for 351 Powers Ave., a plot… Read more
Cain, Alchemy-ABR Secure $321M Refi for Newly Delivered Plaza District Offices
Cain and Alchemy-ABR Investment Partners have secured a $321-million refinancing for 125 W. 57th St., a newly delivered Class A office tower… Read more
JV of Halmar, Skanska Named Master Developer for NY Penn Station Overhaul
U.S. Department of Transportation Secretary Sean P. Duffy and Amtrak have selected Penn Transformation Partners, a joint venture of Halmar… Read more
Law Firm Jones Jones Relocates within Financial District
Lee & Associates NYC completed a new office lease for Jones Jones LLC at 44 Wall St. in Manhattan’s Financial District. The law firm signed… Read more
Omnichannel Retailer Cozey Will Open First U.S. Store in Flatiron District
JLL and Retail By MONA arranged a retail lease for furniture brand Cozey to open its first permanent U.S. store… Read more
Ally Bridge Relocates U.S. Headquarters to Rudin’s 560 Lexington
Rudin said Tuesday it secured a new office lease with Ally Bridge Group at 560 Lexington, its 22-story, 380,000-square-foot office tower… Read more
Developers Secure $98M Financing for Conversion of Harlem Correctional Facility
LDG Group LLC, Infinite Horizons, L+M Development Partners and Urbane Development Group have closed on $97.8 million in financing to… Read more
Prosperity Partners Signs Full-Floor Lease at 575 Madison Ave.
CBRE arranged a 24,426-square-foot office lease at 575 Madison Ave. in Manhattan’s Plaza District. Prosperity Partners, a New York City-based… Read more
Haussmann Development Closes on Construction Loan for Manhattanville Mixed-Income
Haussmann Development announced the closing of a $40,750,000 construction loan with Affinius Capital LLC, in partnership with Axonic Capital LLC, to finance… Read more
Baker McKenzie Expands to 122K SF at 10 Bryant Park
Property & Building Corporation Ltd. (PBC) has completed a 121,833-square-foot renewal and expansion lease with global law firm Baker McKenzie… Read more
Three Trends Shaping the Multifamily Outlook
Given all of the reports and write-ups about the multifamily sector over the past five years, we know where we… Read more
Tavros Signs Chelsea Piers Fitness to Mixed-Use Lower Manhattan Development
Tavros, a privately-owned real estate investment management and development firm, today announced the signing of a long-term lease agreement with… Read more