New York
Invesco Acquires Light Industrial Portfolio in Rockland County
JLL Capital Markets closed the $62.75-million sale of the I-287 Multi-Tenant Light Industrial Por...Read more
Organic Snack Brand Leases 303K SF with Lincoln Equities
Lincoln Equities Group (LEG) has signed a 303,100-square-foot lease with Lesser Evil, a Connecti...Read more
GFP Refis Newburgh Industrial Leased to NYDOT
GFP Real Estate, LLC closed on a $13,000,000 bridge refinancing loan for 3 Enterprise Dr., a 348,...Read more
Hochul Proposes Affordable Housing Initiatives in State of State Address
New York Gov. Kathy Hochul on Tuesday outlined several initiatives aimed at improving housing affor...Read more
Crow Holdings Progresses on First NY State Project
Walls are up and steel installation is underway, meaning that construction is progressing on track ...Read more
Hochul Revives Congestion Pricing for NYC; January 2025 Start Projected
New York City's congestion pricing program, the first in the U.S. but paused indefinitely ahead of ...Read more
Hochul: 421-a Extension Will Mean 71K New Housing Units for NYC
New York Gov. Kathy Hochul said Wednesday that about 71,000 new apartments will be developed in New...Read more
Wall Street Profits Rise Nearly 80% Year Over Year
Wall Street’s $23.2 billion in pretax profits for the first half of 2024 rose 79.3% over the same...Read more
VIDEO: A Conversation with MetaProp’s Aaron Block and CREtech’s Emily Wright
Regarded as the premier gathering of real estate innovators in the proptech space, NYC Real Estate ...Read more
Gantry Adds Director to New York Production Team
Gantry has added Andy Weiss as the newest addition to its production team, where he assumes the rol...Read more
Lowe’s and Sam’s Club at Kingston Center Go for $36.5M
Jeffrey Dunne, David Gavin and Travis Langer of CBRE’s National Retail Partners represented Unite...Read more
Grocery-Anchored Center Fetches $34M in Poughkeepsie
Jeffrey Dunne, David Gavin and Travis Langer of CBRE’s National Retail Partners represented EFG/S...Read more
Crow Holdings Development Acquires 92-Acre Parcel North of NYC
JLL completed the sale of a 92-acre industrial development site in Wallkill, NY, an Orange County c...Read more
Winstanley Acquires Former Save a Lot Distribution Center
Winstanley Enterprises LLC, among the largest regional owners and operators of commercial real esta...Read more
NYC Investment Sales Increase 11% in H1 ’24
In the first half of 2024, New York City's investment sales market showed significant momentum, wit...Read more
New York/Tri-State People and Company News, week of July 12, 2024
Tishman Speyer has launched a new debt platform, appointing Amit Rustgi from PIMCO as managing dir...Read more
New Retailers Drive Manhattan Leasing Amid Rent Increases
Manhattan’s retail market saw average asking rents rise to $716 per square foot, a 4% increase fr...Read more
GDC Secures $16B Funding for Hudson Tunnel Project
The Gateway Development Commission (GDC) has secured $16 billion for the Hudson Tunnel Project (HTP...Read more
NYC Prime Retail Availability Drops to Record Low
In Q2 2024, the average prime availability rate in New York City dropped to a record low of 15.3%, ...Read more