Downtown New York

Eighth Ave MXU Sells to Partnership After 14-Year Hold
A Cushman & Wakefield team of Brock Emmetsberger, Billy Simons and Rachel Aschendorf has arrange...Read more
LES Multifamily More Than Doubles 2014 Acquisition Price
Four years after acquiring the property, 168 Suffolk St Owners LLC has traded ts namesake Lower East...Read more
NY Mortgage Trust Adds CREFC’s Pendergast to Board
Lisa Pendergast, executive director of the Commercial Real Estate Finance Council, has joined the bo...Read more
Hersha Trades Financial District Hotel to First-Time NYC Buyer
Hersha Hospitality Trust has sold the 81-key Hampton Inn Financial District for $32.4 million. The ...Read more
City Suspends 421-a Benefits on Non-Compliant Properties
The de Blasio administration has cut off 421-a tax benefits to more than 1,700 property owners cityw...Read more
NYCHA Gets Design-Build Authority
As Gov. Cuomo demands action on long-delayed repairs to public housing, the New York City Housing Au...Read more
HPD Says There’s Still a Need for Rent Regulation
Initial results from the 2017 New York City Housing and Vacancy Survey show a net rental vacancy rat...Read more
Prebuilts, Amenity Floor Added to Mix at 30 Broad
Tribeca Associates has wrapped up work on the amenity floor and new prebuilts at 30 Broad St. in the...Read more
VR/AR Studio for CRE Establishes Downtown Beachhead
Radical Galaxy Studio, a Bellevue, WA business which provides virtual and augmented reality content ...Read more
Riskified Takes Bigger Space in Silicon Alley
Silicon Alley’s roster of tech tenants just grew a little longer with the signing of Riskified to ...Read more
Knotel Adds More Space in Union Square, Flatiron
Short-term office space provider Knotel has expanded again in the Flatiron District and Union Square...Read more
Health Nonprofit Plants Flag in Garment District
Global Health Corps, a nonprofit co-founded by former First Daughter Barbara Bush, has signed on for...Read more
Lightstone Tops Out on Moxy Project with Marriott
Lightstone has topped out the second of four Moxy hotels it’s developing in New York City in partn...Read more
Olshan Launches Revamp of Tribeca Office Asset
Olshan Properties is revamping its 99 Hudson St., a onetime industrial property that Olshan repositi...Read more
NYC Looks for Partners to Build Modular
New York City is getting serious about modular construction, which is the process of constructing bu...Read more
James Kinsey Joins Avison Young
Investment sales specialist James Kinsey has joined Avison Young's New York City office as principal...Read more
Light Sculpture and Tapestry Shows Off Redesigned Lobby at 315 Hudson St
The newly-redesigned lobby at 315 Hudson St. now includes a light sculpture. "Reef" is a cascading, ...Read more
Small Business Buys a $3M Space in Tribeca at 68 Thomas St.
Studio 68 LLC paid $3.25 million to buy a retail condominium with 3,732 square feet of space at 68 T...Read more
$73M in New Sales for New York REIT
New York REIT (NYRT) continues to sell off its entire portfolio of New York properties. It has enter...Read more
