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Adobe inks lease at 1540 Broadway
News 1 month ago
Adobe inks lease at 1540 Broadway

Software company Adobe has inked a 109,296 SF office lease at 1540 Broadway. The 44-story building is owned by Edge Fund Advisors and HSBC...

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New LLC law draws confusion and ire of industry
News 1 month ago
New LLC law draws confusion and ire of industry

The sweeping law that outlaws anonymous LLCs was reportedly only intended for owners of "residential real property containing one- to four-family...

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Avery Hall Investments acquires Gowanus development site
News 1 month ago
Avery Hall Investments acquires Gowanus development site

Avery Hall Investments has acquired a development site at 469 President Street, 473 President Street, and 514 Union Street from EcoRise Development...

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GFI Realty Services arranges sale of 2450 Fuller Street
News 1 month ago
GFI Realty Services arranges sale of 2450 Fuller Street

GFI Realty Services has arranged the sale of 2450 Fuller Street for $3 million. The multi-family property spans 13,680 SF, and is located in the...

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Erbo Properties lands financing for 541 West 21st Street
News 2 months ago
Erbo Properties lands financing for 541 West 21st Street

Erno Bodek's Erbo Properties has secured $56 million in construction financing from G4 Capital Partners for its project at 541 West 21st Street in...

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Industrious raises Series D
News 2 months ago
Industrious raises Series D

Co-working startup Industrious has raised $80 million in a Series D funding round. Investors in the round included Brookfield, Equinox, Canada...

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Taconic acquires piece of ABC Campus
News 3 months ago
Taconic acquires piece of ABC Campus

Taconic Investment Partners has acquired 125 West Side Avenue, 320 West 66th Street, and Lot 61 from Silverstein Properties for around $220 million...

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New York City REIT scoops up retail condo at 196 Orchard Street
News 4 months ago
New York City REIT scoops up retail condo at 196 Orchard Street

New York City REIT has acquired the retail condo at 196 Orchard Street from Michael Miller's Real Estate Equities Corp. + Magnum for $88.75 million...

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Alexandria Real Estate acquires 47-50 30th Street
News 4 months ago
Alexandria Real Estate acquires 47-50 30th Street

Alexandria Real Estate Equities has acquired 47-50 30th Street in Long Island City from Prestone Realty's Robert Adler for $25 million. The single...

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Anti-conversion language in new rent regulation law
News 4 months ago
Anti-conversion language in new rent regulation law

A provision in the new rent regulation law requires that 51 percent of existing tenants agree to buy their apartments before a building can be...

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Real Estate Roundup 7.10.19
News 4 months ago
Real Estate Roundup 7.10.19

Marketing agency Madwell has signed a 22,000 SF office lease at Bushburg Properties' industrial warehouse at 65-87 Porter Avenue. Asking rent on...

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Cuomo signs legislation to extend the Loft Law
News 4 months ago
Cuomo signs legislation to extend the Loft Law

Governor Andrew Cuomo signed legislation at the end of June that extends the state's Loft Law. The effort will further the protections extended to...

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Atlice USA inks lease at One Court Square
News 4 months ago
Atlice USA inks lease at One Court Square

Altice USA has entered into a lease agreement with Savanna for 103,000 SF at One Court Square. The telecom and cable company had been subleasing...

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Landlord groups opposed to new rent law to file lawsuit against NYC
News 4 months ago
Landlord groups opposed to new rent law to file lawsuit against NYC

Powerful landlord groups fight back against new rent law… The Rent Stabilization Association and the Community Housing Improvement Program have...

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What will a WeWork IPO look like?
News 5 months ago
What will a WeWork IPO look like?

A change in federal accounting rules that went into effect in January will force WeWork to list the current value of its lease obligations as...

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Cuomo signs rent regulation legislation
News 5 months ago
Cuomo signs rent regulation legislation

Governor Andrew Cuomo signed a sweeping package of rent regulation laws on Friday. The Democratic-led state Senate passed the measure by a 36-26...

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Real Estate Round Up
News 5 months ago
Real Estate Round Up

China Oceanwide Holdings has secured a $175 million loan from DW Partners for its development site at 80 South Street. The company is currently...

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ADIA gains full ownership in 330 Madison Avenue
News 5 months ago
ADIA gains full ownership in 330 Madison Avenue

The Abu Dhabi Investment Authority (ADIA) has agreed to buy Vornado's 25 percent stake in 330 Madison Avenue. The deal values the asset at $900...

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McCann inks lease at 622 Third Avenue
News 5 months ago
McCann inks lease at 622 Third Avenue

Advertising agency McCann Worldgroup has signed a 15-year lease extension at Cohen Brothers Realty's 622 Third Avenue (AKA Grand Central Plaza)....

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Chetrit lands Refi for 500 Metropolitan Ave
News 5 months ago
Chetrit lands Refi for 500 Metropolitan Ave

Chetrit Group has secured a $133 million loan from Hangang Asset Management to refinance 500 Metropolitan Avenue, according to TRD. The hotel,...

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