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NY Times inks lease in LIC
News 1 week ago
NY Times inks lease in LIC

Be Smart: The New York Times will pay $50 per SF, and will occupy the ninth through 11th floors, according to NYPost. Worth Noting: The office...

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Safehold scoops up underlying ground at 425 Park Ave
News 2 weeks ago
Safehold scoops up underlying ground at 425 Park Ave

Safehold, a REIT managed by Jay Sugarman's iStar, has signed a contract to buy the underlying ground at 425 Park Avenue from Nuveen for $620...

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GFI retained to sell retail condo package
News 2 weeks ago
GFI retained to sell retail condo package

GFI Realty Services has been retained to sell a 33,047 SF retail condo package at 1325 & 1330 5th Avenue, one block north of Central Park. The...

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Real Estate Roundup 8.7.19
News 2 weeks ago
Real Estate Roundup 8.7.19

Blackstone negotiating to buy 11 warehouses near JFK. (Crain’s) Detroit Rock City: Behind GFI’s turnaround of a neglected hotel. (CO) ABS, AEW,...

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Two Bridges development project halted
News 2 weeks ago
Two Bridges development project halted

A state justice in Manhattan ruled that the Two Bridges development project on the Lower East Side could not continue as planned, issuing a...

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Real Estate Roundup 8.5.19
News 2 weeks ago
Real Estate Roundup 8.5.19

Sabet Group has acquired 457 Broome Street in Soho for $21.3 million. The property spans 25,000 SF, and includes two retail units, nine residential...

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Tribune Media renew lease at 220 East 42nd Street
News 3 weeks ago
Tribune Media renew lease at 220 East 42nd Street

Tribune Media Company has renewed a 101,568 SF office lease at SL Green's 220 East 42nd Street (AKA Daily News Building). The parent company's...

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Interpublic inks lease at 111 West 33rd Street
News 1 month ago
Interpublic inks lease at 111 West 33rd Street

The Interpublic Group of Companies - a conglomerate of media and marketing agencies - has signed a 26,134 SF lease at Empire State Realty Trust's...

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Simon Property Group to create gaming venues in its malls
News 1 month ago
Simon Property Group to create gaming venues in its malls

Simon Property Group has invested $5 million in Allied Esports' parent company and plans to create gaming venues and production facilities in...

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Acquisition of Coca-Cola building ends up in Court
News 1 month ago
Acquisition of Coca-Cola building ends up in Court

Nightingale Properties tried to team up with Ashkenazy Acquisition and Wafra to acquire the Coca-Cola building for $910 million. The proposed deal...

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Foot Locker inks lease at 90 West 225th Street
News 1 month ago
Foot Locker inks lease at 90 West 225th Street

Foot Locker has signed a 10-year lease at Washington Square Partners’ 90 West 225th Street in the South Bronx. The retailer will open a 4,727 SF...

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Jeff Sutton lands Refi for 747 Madison Avenue
News 2 months ago
Jeff Sutton lands Refi for 747 Madison Avenue

Jeff Sutton's Wharton Properties has secured a $90 loan from JP Morgan Chase to refinance its retail condo at 747 Madison Avenue. Givenchy and...

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JLL unveils new digital assistant
News 2 months ago
JLL unveils new digital assistant

JLL unveiled a new digital assistant they are building for office workers called "JiLL". The app uses voice based technology similar to Amazon's...

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Sweeping changes to NYC rent regulation laws frighten the real estate industry
News 2 months ago
Sweeping changes to NYC rent regulation laws frighten the real estate industry

Less than a day after Democratic leaders of the State Senate and the Assembly agreed to sweeping changes to rent regulation laws, the real estate...

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Google acquires 450 West 15th Street
News 3 months ago
Google acquires 450 West 15th Street

Google has acquired 450 West 15th Street (AKA the Milk Building) from Jamestown Properties for $600 million. The eight-story building is connected...

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Glenwood lands Refi for 1365 York Avenue
News 3 months ago
Glenwood lands Refi for 1365 York Avenue

Glenwood has secured a $102 million Fannie Mae loan from Prudential Multifamily Mortgage to refinance 1365 York Avenue, according to city public...

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DHA Capital lands refi for 75 Kenmare Street
News 3 months ago
DHA Capital lands refi for 75 Kenmare Street

DHA Capital, First Atlantic Real Estate, and AMS Acquisitions have secured a $72 million floating-rate loan from Deutsche Bank to refinance their...

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A&E acquires 81 Wadsworth Avenue
News 3 months ago
A&E acquires 81 Wadsworth Avenue

A&E Real Estate has acquired 81 Wadsworth Avenue from Morris Weinberg for $13.135 million, according to public records. The Washington Heights...

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Samson Management lands Refi for 110 Fifth Avenue
News 3 months ago
Samson Management lands Refi for 110 Fifth Avenue

Samson Management and Rabina Properties have secured a $109 million loan from New York Community Bank to refinance 110 Fifth Avenue, according to...

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DLJ acquires 151 Kent Avenue
News 4 months ago
DLJ acquires 151 Kent Avenue

DLJ Real Estate Capital Partners has acquired 151 Kent Avenue in Williamsburg from Norman Seidenfeld and Zelda Mehl for $41.25 million, according...

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Related lands Refi for 21-09 Borden Avenue
News 4 months ago
Related lands Refi for 21-09 Borden Avenue

Related Companies and GreenOak Real Estate have secured a $75 million loan from Colony Credit Real Estate to refinance 21-09 Borden Avenue in...

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GFI Realty Services releases research report
News 4 months ago
GFI Realty Services releases research report

GFI Realty Services has released a research report entitled The Tech Effect, which highlights the ascendance of TAMI tenants within the outer...

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CIM Group buys 165 East 66th Street for $210M
News 4 months ago
CIM Group buys 165 East 66th Street for $210M

CIM Group has acquired the residential and garage portions of 165 East 66th Street from Crescent Heights for $210 million, according to TRD. The...

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Knotel inks lease at 88 Pine Street
News 4 months ago
Knotel inks lease at 88 Pine Street

WeWork rival Knotel has leased 43,250 square feet of office space at Orient Overseas Associates' 88 Pine Street. The lease covers the fourth and...

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H.I.G. Capital inks lease at 1271 Avenue of the Americas
News 4 months ago
H.I.G. Capital inks lease at 1271 Avenue of the Americas

H. I.G. Capital has signed a 57,829-square-foot office lease at Rockefeller Group's 1271 Avenue of the Americas. The lease spans the entire 23rd...

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