New York
NY-Based BRT Spends $40M on 271-Unit Atlanta MF
BRT Realty Trust, headquartered in Great Neck, NY, bought the 271-unit Pointe at Lenox Park, a multi...Read more
McSam Hotel Group Obtains $215M Loan for NYC Doubletree Refi
The McSam Hotel Group, which is developing the 35-story Doubletree by Hilton Hotel in Manhattan, has...Read more
Extell, SMI Join Forces on $3B MXU Central Park Tower
Luxury real estate developer Extell Development Co. is teaming with Shanghai Municipal Investment’...Read more
Brooklyn Jehovah’s Witness HQ Sells for $300M
CIM Group, Kushner Cos. and LIVWRK banded together to acquire the 739,000-square-foot Brooklyn headq...Read more
Arianna Huffington Stepping Away from Huffington Post, Launching New Venture
In the coming weeks, Arianna Huffington will step away from the Huffington Post, the digital media e...Read more
SL Green Sells 40% Stake In 2M-SF Eleven Madison Avenue
SL Green Realty Corp., New York City’s largest office landlord, sold a 40% interest in the 2.3-mi...Read more
Job Openings Increase, Layoffs Decrease
The U.S. Labor Department’s monthly Job Openings and Labor Turnover Survey (JOLTS) reported an inc...Read more
Is the High-End Market Condo Market Slowing?
The high-end condo market, once a hot one in and around Manhattan, is showing signs of a slowdown. P...Read more
RXR Realty to Build its First MF for $200M
RXR Realty, which owns large office buildings throughout New York City, has closed a deal to develop...Read more
Global Net Lease Strikes Acquisition Deal Valued at $3.3B
Global Net Lease Inc. has entered into a definitive agreement to acquire all outstanding stock of Am...Read more
Chinese Buyer Pays $66M for Queens, NY Acreage
Xinyuan Real Estate Co. Ltd. acquired a parcel of land at 135-35 Northern Blvd. in Flushing, Queens,...Read more
Renovations Commence to Convert Upstate NY Office into MXU
The Rosenblum Cos. has launched renovation on a former location of a building that was the location...Read more
Castle Lanterra Nabs 220 MF Units in Corpus Christi
Suffern, NY-headquartered Castle Lanterra Properties struck a deal with Cottonwood Residential of Ut...Read more
Hudson Yards Developers Obtain $1.2B Loan for MXU Tower
Partner developers Related Cos. and Oxford Properties Group secured $1.2 billion in financing from C...Read more
Under Armour Takes Former FAO Schwarz Locale
Under Armour Inc. has taken down 53,000 square feet at Boston Properties Inc.’s General Motors Bui...Read more
Chinese CRE Investment Overseas Hits $17B in First Half of 2016
Chinese outbound property investment reached $17 billion during the first five months of 2016, accor...Read more
As Death-Rate Drops, Funeral Homes Sell to Developers
During the past two decades, hundreds of funeral homes across New York City have closed down. People...Read more
NYC’s Park 7 Obtains $86M to Build Southern Student Housing
Park 7 Group, headquartered in New York City, has received a total of $86 million in construction fi...Read more
NYC’s Astoria Cove MF Development On Hold
Astoria Cove, a 2.2-milliion-square-foot waterfront housing development in New York City’s Astoria...Read more