Queens
Northern Manhattan Multifamily Sales Sustain Steep Drop in Q2
Northern Manhattan withstood a steep drop in multifamily sales during the second quarter, with dollar volume down 78% from Q1,… Read more
3 NYCHA Community Centers to Be Restored
Three New York City Housing Authority community centers will be renovated and restored to their communities using $22 million in capital… Read more
NY Times Taps CushWake Team to Sell Queens Site
Cushman & Wakefield was hired by the New York Times Co. to arrange the sale of 25-70 Whitestone Expressway, an… Read more
Amazon Commits to 1M SF in Queens
Amazon has signed a lease for one million square feet at a property owned by RXR Realty and LBA Logistics… Read more
Amazon Takes Over Former Jet.com Space at Prologis Bronx
Prologis has signed Amazon.com to occupy a 200,000-square-foot warehouse in the South Bronx. Known as Prologis Bronx, the property at 1055… Read more
Development Site Up for Sale on Sunnyside Retail Corridor
Cushman & Wakefield was hired to sell 51-02 Roosevelt Ave., a 124,589-buildable-square-foot mixed-use development site in Queens’ Sunnyside neighborhood. The… Read more
CushWake’s Preuss & Schmitz Market Queens Offices
Cushman & Wakefield has been retained to sell 138-50 Queens Blvd., a 40,000-square-foot office property in the Briarwood neighborhood of… Read more
RE Groups Call for Freeze on NYC Property Tax Rates
A diverse group of business and property owners, civic leaders and community advocates asked the de Blasio administration to provide property tax relief to offset rising expenses… Read more
Greystone Arranges DUS Debt on Ridgewood Apartments
Greystone provided $30,865,000 in Fannie Mae Delegated Underwriting and Servicing (DUS) loans to refinance a pair of multifamily properties in Queens… Read more
JLL Tapped for Equity Raise on BRP’s Archer Towers
JLL Capital Markets was selected by BRP Companies to arrange joint venture equity financing for the construction of the $286-million Archer Towers project.… Read more
RD Management Advances on 7 Development Projects
New York City-based RD Management LLC said it has seven luxury multifamily projects consisting of more than 2,000 units in… Read more
REBNY, Others Offer Relief Plan for Small Businesses
A group including the Real Estate Board of New York (REBNY) proposed plans for relief to New York City’s small… Read more
Holloman Joins RM Friedland to Lead Queens Expansion
Veteran investment sales broker Alfonso Holloman has joined RM Friedland (RMF) and will spearhead the firm’s expansion into the Queens… Read more
Innovo, Square Mile Line Up $305M for Bronx Mega-Warehouse
Innovo Property Group (IPG) and Square Mile Capital Management LLC have obtained construction financing totaling $305 million for their development of a one-million-square-foot, two-story… Read more
CushWake Signs 40K-SF of Leases at Queens Logistics Center
Cushman & Wakefield arranged more than 40,000 square feet of new leases at the Queens Logistics Center, a multi-story industrial… Read more
CushWake Hired to Lease Up Ridgewood’s Bohack Square
Cushman & Wakefield was recently tapped to market for lease the office and retail components of Bohack Square, a completely-redeveloped… Read more
Bayside Development Site Hits the Market
Cushman & Wakefield was hired to sell 217-14 24th Ave., a 64,810-square-foot development site in Bayside, Queens. A Cushman & Wakefield team of Stephen R. Preuss,… Read more
Woodside Apartments Trade at 5.22% Cap
Westbridge Realty Group arranged the $4.85-million sale of a 26-unit, five-story multifamily building in Woodside, Queens to a local owner/ investor… Read more
Greystone Arranges $105M of HUD Loans in East Village, Queens
Greystone recently provided approximately $105 million in HUD-insured financing to preserve over 480 units of affordable housing in the East… Read more