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Two new apartment towers to rise in Pacific Park
615 and 595 Dean Street will be the next additions to the Pacific Park development. TF Cornerstone revealed new renderings for 615 and 595 Dean...
Next phase of Brooklyn’s Greenpoint Landing gets underway
Greenpoint Landing will ultimately have over 5,000 apartments, shops and parkland. Ground has been broken for the next phase of Greenpoint Landing,...
StreetEasy hikes rental listing fee
DAVID SCHLAMM Citing an increase in traffic and decrease in rental time, StreetEasy announced it is raising rental listing fees beginning January 1...
WX New York Women Executives in Real Estate
WX New York Women Executives in Real Estate (WX) hosted its annual 2019 Woman of the Year Gala on Thursday, November 14 at The Pierre Hotel. The...
Real Estate Weekly
SquareFoot commercial real estate company has announced that Michael Colacino has joined in the role of president, a first for the company....
RXR continues New Roc redevelopment
RXR is rethinking plans for the second property. RXR Realty has begun the ground-up construction of a new 28-story development at 26 South Division...
Environmental, infrastructure work props up slowing sector
Total U.S. construction starts are expected to slip to $776 billion in 2020, according to a new report from Dodge Data & Analytics. The 2020 Dodge...
AROUND TOWN: Events you need to know about
NYARM Exposition Dec. 4: New York Association of Realty Managers, NYARM, hosts its Annual Exposition. Free for building, property, facility...
Study shows small theaters are big performers in NYC economy
New York’s small theaters have a huge economic and cultural impact on the city, according to a new report from BuroHappold. The firm’s...
LEASES ABS Partners arranges 10-year, 3,700-s/f retail lease at 228 East 58th Street
ABS Partners Real Estate has arranged a new 10-year, 3,700-s/f retail lease with luxury furniture designer Ferrell Mittman at 228 East 58th Street....
Paredim collecting Connecticut apts.
Paredim Partners has acquired The Spinnaker Milford Portfolio, a collection of 10 boutique apartment communities with 49,000 s/f of Downtown...
Consulting firm takes full floor at Worldwide Plaza
825 EIGHTH AVENUE A.K.A. WORLDWIDE PLAZA SL Green Realty Corp. has inked a lease for close to 42,000 s/f with West Monroe Partners, a management...
CPA firm signs on for 21,000 s/f at Durst's 1155 Ave. of the Americas
1155 Avenue of the Americas The Durst Organization today announced that BKD, LLP signed a 13-year and seven-month lease for 20,899 s/f on the...
Real Estate Weekly
Hirshmark Capital, through an affiliate entity, announced the funding of a $4,500,000 bridge loan secured by a townhouse on the Upper West Side of...
Broadstone trims fat with management merger
Broadstone Net Lease, the Rochester, NY-based public non-listed REIT, is bringing its management functions in-house. The company announced it has...
Hunger for yield driving big gains in net lease sector
Net-lease investment — comprising office, industrial and retail properties — increased to $20.9 billion in Q3 2019, the third-highest quarterly...
CHC bags hotel refiʼ
CHC Capital has arranged $22,000,000 for the refinance of the Embassy Suites in Richmond, VA for Shamin Hotels. The loan was placed with a national...
Hard work paying off for office developer
74 Kent Street Newmark Knight Frank has arranged a $30.5 million fixed-rate loan to a portfolio of two newly repositioned, Class A office buildings...
ʻNecessity retailʼ getting run for its money
JLL arranged a $32 million refinancing for Veterans Square Town Center, a fully leased, 136,928 s/f, grocery-anchored retail center in the Northern...
Cash line for repositioning
475 Washington Jonathan Aghravi of JBA Equities placed a $38.5 million condo inventory loan for 475 Washington Avenue, a 60-unit, six-story...
New York rent laws driving multifamily interest to Jersey
82-92 Contant Avenue Arbor Realty Trust, a multifamily and commercial mortgage lender, recently funded a portfolio of Freddie Mac SBL loans...
Tony Union City condo development bags $44M construction loan
Work is already underway at 1300 Manhattan, where the majority of units will overlook NYC. National Realty Investment Advisors (NRIA) has secured a...
Slate finance arm antes up $44M for Arden Group venture
Arden Group has secured a $44 million floating-rate loan for the acquisition of 4650 Broadway, a development site in Inwood. Newmark Knight Frank...
Eyzenberg has a Capitol plan
Eyzenberg & Company, the New York-based commercial real estate investment bank led by David Eyzenberg, has opened a Washington, DC, office as part...
Cove lands $750M loan for Hudson Commons
Hudson Commons is 65 percent leased with Peloton as the anchor tenant. Cove Property Group has closed on $724.2 million financing for Hudson...
Proposal to turn flophouse into TOD development moves forward
Nassau County Industrial Development Agency (IDA) Chairman Richard Kessel announced that the agency has given preliminary approval to a package of...
Nassau IDA backs incentives plan for affordable housing development
Rendering of the proposed affordable housing development. Nassau County Industrial Development Agency (IDA) chairman Richard Kessel announced that...
Korean wood-fired dishes to be on the menu at Jua in Flatiron
The restaurant will open in a condominium building called The Story House, 36 East 22nd Street. Manhattan Skyline Management Corp. has signed a...
Lenwich coming to Lenox Hill
1332 Third Avenue will be the fast food chain’s 18th location. Lenny’s Group LLC (Lenwich) has signed a new deal to open an 18th location at 1332...
Massive M&M's, Olive Garden leases renewed in Times Square
An M&M that’s larger than a tennis court tempts passersby to forget their New Year’s resolutions. Two of Times Square’s most high-profile retailers...