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New York Commercial Real Estate News
Blog 1 week ago
New York Commercial Real Estate News

Real Estate Roundup: Coronavirus coverage The U. S. hotel industry asked the Trump administration for a $150... Even the dumb money isn't that dumb...

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Daily Beat
Blog 1 week ago
Daily Beat

WeWork has sold Managed by Q to startup Eden for $25 million. Adam Neumann paid $220 for the facilities management company... Construction finance...

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Real Estate Roundup 3.9.20
Blog 2 weeks ago
Real Estate Roundup 3.9.20

Real Estate Roundup: Acquisitions The Chetrit family and Jacob Aini have entered into a contract to acquire a development site at 622-628 West...

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Michael Shvo closes on 530-536 Broadway
Blog 2 weeks ago
Michael Shvo closes on 530-536 Broadway

Michael Shvo, Serdar Bilgili, and BVK have acquired 530-536 Broadway from Jeff Sutton's Wharton Properties for $386 million. The three office and...

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SL Green inks deal at 126-132 Nassau Street
Blog 2 weeks ago
SL Green inks deal at 126-132 Nassau Street

SL Green Realty has entered into a 99-year ground lease at 126-132 Nassau Street in FiDi. The REIT intends to develop a new, 215,000-square-foot...

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Daily Beat
Blog 3 weeks ago
Daily Beat

Brewpub Randolph Beer has leased 12,228 SF of retail and industrial space at 25 Kent in Williamsburg. The... Accounting firm Marcum has signed a 70...

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Real Estate Roundup 3.2.20
Blog 3 weeks ago
Real Estate Roundup 3.2.20

Real Estate Roundup: Office Leasing Law firm Rivkin Radler has signed a long-term lease for 14,888 SF to relocate within RFR’s 477 Madison Avenue. ...

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Thor buys retail condo at Flushing Commons
Blog 3 weeks ago
Thor buys retail condo at Flushing Commons

Thor Equities + United American Land have acquired a retail condo at 38-18 Union Street in Flushing from F&T Group + AECOM Capital + the...

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Fortress buys defaulted mortgage on 125 Greenwich Street
Blog 3 weeks ago
Fortress buys defaulted mortgage on 125 Greenwich Street

SoftBank's Fortress Investment Group has paid around $230 million for the defaulted mortgage on Bizzi & Partners + Carlton Group + New Valley +...

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Real Estate Roundup 2.26.20
Blog 1 month ago
Real Estate Roundup 2.26.20

Real Estate Roundup: Leasing Amazon is taking roughly 300,000 square feet of space in Queens’ Rentar Plaza. The e-commerce giant will be taking...

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RFR in talks to buy 900 Third Avenue
Blog 1 month ago
RFR in talks to buy 900 Third Avenue

Aby Rosen's RFR is reportedly in late-stage talks to buy 900 Third Avenue from Albert Behler's Paramount Group for around $400 million, according...

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Apple inks lease at 11 Penn Plaza
Blog 1 month ago
Apple inks lease at 11 Penn Plaza

Apple has signed a 220,000-square-foot office lease at Vornado Realty Trust's 11 Penn Plaza, taking over space formerly occupied by Macy's. The...

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Real Estate Roundup 2.19.20
Blog 1 month ago
Real Estate Roundup 2.19.20

Real Estate Roundup: Office leasing Co-working company Breather has inked a 13,200 square-foot lease at Thor Equities and United American Land’s...

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Anthony Gazivoda acquires 118 East 93rd Street
Blog 1 month ago
Anthony Gazivoda acquires 118 East 93rd Street

New rent laws continue to reverberate… Anthony Gazivoda has acquired 118 East 93rd Street from Crest Realties for $27.3 million, PincusCo reported....

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Minrav acquires Gramercy development site
Blog 1 month ago
Minrav acquires Gramercy development site

Minrav Development has acquired a development site at 305-311 First Avenue and 343 East 17th Street in Manhattan's Gramercy Park from CIM Group for...

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Brookfield buys 315 West 33rd Street
Blog 1 month ago
Brookfield buys 315 West 33rd Street

Brookfield Premier Real Estate Partners has acquired 315 West 33rd Street and an adjacent undeveloped parcel of land from SL Green for $446.5...

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Real Estate Roundup 2.12.20
Blog 1 month ago
Real Estate Roundup 2.12.20

Real Estate Roundup: Leasing Celonis has signed a 34,328-square-foot lease on the 87th floor of One World Trade Center. Asking rent on the deal was...

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Tenants still need to pay brokers' fee
Blog 1 month ago
Tenants still need to pay brokers' fee

A New York State judge on Monday temporarily blocked the state's week-old ruling that had effectively barred tenants from having to pay a broker...

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Spitzer and Related land financing for 451 Tenth Avenue
Blog 1 month ago
Spitzer and Related land financing for 451 Tenth Avenue

Spitzer Enterprises and Related Companies have secured $276 million in financing from M&T Bank for their Hudson Yards project at 451 Tenth Avenue....

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CoStar buys RentPath
Blog 1 month ago
CoStar buys RentPath

CoStar Group has agreed to buy RentPath for $588 million, the WSJ first reported. RentPath controls real-estate websites ApartmentGuide.com,...

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GFI Realty Services retained to sell Harlem condo package
Blog 1 month ago
GFI Realty Services retained to sell Harlem condo package

GFI Realty Services has been retained to sell a retail and residential condo package at 1890 Adam Clayton Powell Jr. Boulevard. The prewar six...

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Law firm renews lease at 260 Madison Avenue
Blog 1 month ago
Law firm renews lease at 260 Madison Avenue

Law firm McLaughlin & Stern has renewed its 112,000-square-foot lease at the Sapir Organization's 260 Madison Avenue. As part of the 12-year deal,...

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Amazon leases warehouse in Staten Island
Blog 1 month ago
Amazon leases warehouse in Staten Island

Amazon has leased a 450,000-square-foot warehouse next to its 855,000-square-foot distribution center in Staten Island, Crain's first reported. The...

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Cantor Fitzgerald renews Midtown leases
Blog 2 months ago
Cantor Fitzgerald renews Midtown leases

Financial services firm Cantor Fitzgerald has renewed 208,060 SF of office space across two neighboring Midtown towers, CO first reported. Deal #1:...

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Prologis acquires 18-51 Flushing Avenue
Blog 2 months ago
Prologis acquires 18-51 Flushing Avenue

Prologis has acquired a warehouse at 18-51 Flushing Avenue in Ridgewood from Frito-Lay for $37.6 million, city records show. The industrial...

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Real Estate Roundup 1.22.20
Blog 2 months ago
Real Estate Roundup 1.22.20

Real Estate Roundup Acquisitions The Daten Group has closed on its acquisition of 540-554 Waverly Avenue in the Clinton Hill from Verizon New York...

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Real Estate Roundup 1.17.20
Blog 2 months ago
Real Estate Roundup 1.17.20

Leasing Engineering and consulting firm SYSTRA has signed a 10-year lease for 14,295 square feet on part of the fifth floor of the Rudin family’s...

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CenterPoint Properties buys Flatlands Portfolio
Blog 2 months ago
CenterPoint Properties buys Flatlands Portfolio

Bob Chapman's CenterPoint Properties has acquired the leasehold interest in a massive industrial portfolio in Flatlands from Felice Bassin's Rentar...

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Real Estate Roundup 1.10.20
Blog 2 months ago
Real Estate Roundup 1.10.20

Real Estate Roundup Acquisitions Rose Associates has acquired a Mitchell-Lama property at 4-21 27th Avenue in Astoria from Goodwill Industries for...

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Shvo acquires 530-536 Broadway
Blog 2 months ago
Shvo acquires 530-536 Broadway

Michael Shvo, Serdar Bilgili, and BVK have entered into contract to acquire 530-536 Broadway from Jeff Sutton's Wharton Properties for $400 million...

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