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New York developers join forces to pursue 'special situation' opportunities
News 1 day ago
New York developers join forces to pursue 'special situation' opportunities

Two New York development companies have joined forces to build residential and mixed-use properties across the US and pursue "special situation"...

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Walker & Dunlop acquires Beler, grows NYC footprint
News 1 day ago
Walker & Dunlop acquires Beler, grows NYC footprint

Walker & Dunlop has announced the acquisition of Beler Advisory Group, an independent real estate advisory firm based in New York City. The firm's...

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Feds reach into real estate deals extended in name of national security
News 1 day ago
Feds reach into real estate deals extended in name of national security

By Doreen M. Edelman, Ted Hunter, Abbey E. Baker, and Christian C. Contardo Could your upcoming commercial real estate transaction or investment...

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Restaurants, bars look for rent forgiveness
News 2 days ago
Restaurants, bars look for rent forgiveness

Four-out-of-five New York City restaurants didn’t pay their full rent last month, according t o a new survey released by the NYC Hospitality...

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COVID pause has big effect on Manhattan office leasing
News 2 days ago
COVID pause has big effect on Manhattan office leasing

City brokers are braced for a torrent of “biblical proportions” as the office leasing market fights the effects of the enforced pause brought about...

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Penwood flips NJ warehouse to hat maker Cheveux
News 2 days ago
Penwood flips NJ warehouse to hat maker Cheveux

Connecticut-based Penwood Real Estate Investment Management has flipped a Meadowlands warehouse to hat maker Cheveux. NAI James E. Hanson brokered...

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Apartment market feeling the pain from COVID shutdown
News 3 days ago
Apartment market feeling the pain from COVID shutdown

Manhattan apartment sales fell by 54 percent during the second quarter of this year as the borough braced for what would become one of the worst...

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DOB looks to real estate, tech sector for next big thing
News 3 days ago
DOB looks to real estate, tech sector for next big thing

The Department of Buildings has launched of the first-ever “Hack the Building Code” Innovation Challenge. The contest is part of a partnership with...

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Non-profit expands to 26,000 s/f at 777 Third Ave.
News 3 days ago
Non-profit expands to 26,000 s/f at 777 Third Ave.

Sage Realty Corporation, the leasing and management division of the William Kaufman Organization (WKO), in partnership with co-owner, The Travelers...

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227-unit apartment building planned for 111 Willoughby
News 3 days ago
227-unit apartment building planned for 111 Willoughby

Triangle Equities and The Michaels Organization have announced plans to build a new 411 ft. mixed-used building at 111 Willoughby Street in...

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C&W brokers $10M Bronx apartment building sale
News 3 days ago
C&W brokers $10M Bronx apartment building sale

Cushman & Wakefield announced the sale of 1150 Pelham Parkway, a 57,558 s/f apartment building with a 22-space parking garage located in the Pelham...

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Four tenants renew with Durst in midtown
News 3 days ago
Four tenants renew with Durst in midtown

The Durst Organization today announced that Mitsubishi Chemical Holdings America, Inc. has signed a lease for 14,218 s/f on the 12th floor at 655...

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Sapir turning hotel rooms into offices as sector cries for help
News 3 days ago
Sapir turning hotel rooms into offices as sector cries for help

The Sapir Corp is turning some of its hotel rooms into offices as its looks for ways to beat the pandemic blight that has reduced New York’s hotel...

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WHO'S NEWS: Durst, RIPCO, HWE among firm's hiring this week
News 4 days ago
WHO'S NEWS: Durst, RIPCO, HWE among firm's hiring this week

Helmsley Spear, LLC, announced that Randy Sherman has joined the firm as Executive Managing Director where he will focus on tenant and landlord...

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Jersey City becomes first in nation to scan residents for COVID
News 4 days ago
Jersey City becomes first in nation to scan residents for COVID

Jersey City is set to become the first city in the nation to scan its residents for COVID-19 as it battles back from the virus that has claimed the...

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Brooklyn development site trades for $20M
News 4 days ago
Brooklyn development site trades for $20M

JLL Capital Markets has completed the $19.85 million sale of the 251 Front St. development site located in Brooklyn, New York. JLL worked with the...

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Property tax relief a band-aid solution to bigger problem, says industry
News 5 days ago
Property tax relief a band-aid solution to bigger problem, says industry

New York landlords have welcomed the city’s first attempt at property tax relief as a step in the right direction. But they have said the City...

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JLL brokers 68,000 s/f bio-tech lease in Jersey
News 5 days ago
JLL brokers 68,000 s/f bio-tech lease in Jersey

JLL completed a new lease transaction for WuXi Biologics at 7 Clarke Drive, Cranbury, N.J., with building owner Cedar Brook Corporate Center. The...

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Blackstone inks blockbuster $1.65B Hollywood deal
News 5 days ago
Blackstone inks blockbuster $1.65B Hollywood deal

Hudson Pacific Properties and Blackstone announced that funds affiliated with Blackstone Property Partners will acquire a 49 percent interest in...

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Greystone, Lappin JV a 'life raft' for affordable housing owners
News 5 days ago
Greystone, Lappin JV a 'life raft' for affordable housing owners

Investment advisor Greystone has formed a joint venture with affordable housing company Lappin Associates. The joint venture will aim to deploy...

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C&W brokers $19.5M loan for NJ office property
News 5 days ago
C&W brokers $19.5M loan for NJ office property

New Jersey-based investment and development firm ML7 has refinance a Princeton office property with a $19.5 million loan from Univest Bank and...

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Nuveen taps co-living company to manage 'regular' apartments
News 5 days ago
Nuveen taps co-living company to manage 'regular' apartments

Nuveen Real Estate has tapped co-living company Common to manage a 575-unit portfolio of multifamily assets. Neither The Edge in Fort Lauderdale ...

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Deloitte partners with software giant, Nuvolo
News 5 days ago
Deloitte partners with software giant, Nuvolo

One of the fastest growing software companies in the world has announced a partnership with Deloitte. Paramus, NJ-based Nuvolo said the partnership...

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Brooklyn apartment building trades for $17M
News 1 week ago
Brooklyn apartment building trades for $17M

The multifamily division of Kassin Sabbagh Realty LLC completed the sale of 515 Ovington Avenue in the Bay Ridge neighborhood of Brooklyn. Jeffrey...

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Simon Baron backs 'iphone of apartment renting'
News 1 week ago
Simon Baron backs 'iphone of apartment renting'

New York City landlord Simon Baron Development led a $5.7 million investment in apartment rental platform, Doorkee. The landlord was joined by...

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Vornado tests the waters for blockbuster sale
News 1 week ago
Vornado tests the waters for blockbuster sale

Vornado Realty Trust is looking to sell its share of the 2.1 million s/f tower at 1290 Avenue of the Americas it owns in partnership with the Trump...

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Another new firm rises from ashes of COVID-19
News 1 week ago
Another new firm rises from ashes of COVID-19

Andrew Dansker has formed his own firm after seven years with Marcus and Millichap. He has brought colleagues Matt Michelson, Andrew Marcus, Andy...

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Durst tops out LIC rental tower
News 1 week ago
Durst tops out LIC rental tower

The Durst Organization has topped out is new Long Island City rental, Sven. Standing 755 ft. tall and located at 27-29 Queens Plaza North, it is...

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Japanese retailer pushing ahead with US expansion
News 1 week ago
Japanese retailer pushing ahead with US expansion

A popular Japanese retailer is gambling on pandemic-weary teens with an eye for a high fashion bargain. 2nd Street USA specializes in reselling...

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Time Equities puts LIC development site on market
News 1 week ago
Time Equities puts LIC development site on market

Time Equities is looking to sell a nearly 200,000 s/f development site that’s been in its portfolio for nearly two decades. The company has tapped...

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