Search Results for:
CVS Takes 10,500 Square Feet at TF Cornerstone's 387 Park Avenue South
CVS Pharmacy has taken 10,500 square feet at TF Cornerstone’s 387 Park Avenue South, Commercial Observer has learned, in the space in which...
Religious Groups Fuel NYC Nonprofit Investment Sales Boom: Report
Churches and other religious organizations unloading property accounted for half of all the nonprofit and public sector real estate sales in 2018,...
Cosmetics Manufacturer Ditching Tribeca for Brookfield Place
The private label and branded cosmetics manufacture behind the Flower by Drew Barrymore line and Banana Republic’s fragrances, Maesa Group, will...
Pediatric Urgent Care Center to Open First Bronx Location
PM Pediatrics, a pediatric urgent care center, signed a lease for 4,900 square feet at SD Urban Retail’s 5740 Broadway in the Kingsbridge section...
Premier Equities Takes the Reins at Bankrupt Flatiron Hotel
Premier Equities has stepped in to save the Flatiron Hotel from bankruptcy, in exchange for ownership of half of the boutique hotel. The Flatiron...
Bank OZK, Square Mile Back $735M Financing Package on $850M Chicago Project
Bank OZK has provided $475 million in construction financing and Square Mile Capital Management a $260 million structured investment—which includes...
David Brickman to Take Over as Freddie Mac CEO in July
Freddie Mac announced today that its current CEO Donald H. Layton will retire and President David Brickman will take the reigns, starting on July 1...
Ubiquitous NYC Architect Karl Fischer Dies at 70
Karl Fischer, a prolific architect whose residential buildings across New York City were often criticized as uninspired, died last week at age 70....
The Plan: Gerber Group to Open Urban Chic Bar at The Wharf in DC
Hospitality firm Gerber Group is opening its first Washington, D. C. concept in April, on the top floor of the 278-room Intercontinental Hotel at...
Enduring Effects of Amazon’s Crystal City HQ2 Not Crystal Clear
Never has Arlington, Va.-the smallest self-governing county in the U. S.-been so divided. Well, at least maybe not since the 2014 halted streetcar...
Miami’s Driftwood Nabs $64M in Morgan Stanley Debt for SoCal Acquisition
A young Miami investment platform has landed a $64.2 million loan from Morgan Stanley to fund its acquisition of a hotel in San Diego, Commercial...
Convene Leasing Former Saks Space at Brookfield Place for an Event Venue
Convene will take over the shuttered Saks Fifth Avenue location inside Lower Manhattan’s Brookfield Place and open a “large-scale” event space as...
Woodstack Fashion Shop Outpost in Hello Living Brooklyn Development
Brooklyn-based Woodstack, a boutique fashion shop, will open a new location at Hello Living’s mixed-use development in Prospect Lefferts Gardens,...
Construction Unions Making Commitment to Recruit Women
Construction is booming in New York City—but boom or not, we are committed to opening doors of opportunity to all the people building this city’s...
Alcohol Treatment Program Selling Midtown East Building to Tech Company
Caron Foundation, an organization that operates drug and alcohol residential treatment centers including one in New York City, is in contract to...
Axos Lends $40M in Central Brooklyn Resi Refi
Abe Leser’s Mapleton Group has upped the debt on its set of new Brooklyn residential buildings with a $40 million refinancing, according to city...
Branding Agency Frank Collective Leaves Dumbo for Industry City
Marketing agency Frank Collective is joining the raft of creative companies moving to Industry City in Sunset Park, Brooklyn. The branding and...
Midtown South Is On Fire But Running Out Of Space
Midtown South’s office market had a record-breaking year in both leasing activity and asking rents in 2018. For the first time, average asking...
JP Morgan Chase Buying Bank of China’s US HQ for Over $100M
J. P. Morgan Chase is acquiring Bank of China's U.S. headquarters at 410 Madison Avenue for more than $100 million, Commercial Observer has learned...
Barclays Lends $225M on Iconic Washington Hilton Hotel
Clearview Hotel Capital and Oaktree Capital Management have secured a $225 million floating-rate loan from Barclays Capital to refinance the iconic...
Founder of Learning Annex Opening New Boxing Gym in Union Square
Another day, another boutique boxing studio for New York City. The latest boxing concept headed to Manhattan is called GRIT BXNG. Founder Bill...
Arlington County Approves $23M Incentive Package for Amazon
Four months after Amazon announced its new headquarters in Northern Virginia, the Arlington County Board unanimously approved an incentive package...
Sephora Announces Two New Locations in Washington, DC
Sephora will open two new stores in Washington, D. C. as part of its plan to launch 35 new locations in 32 cities across the United States in 2019,...
Knotel Grabs 11K SF Near Grand Central Terminal
Flexible workspace provider Knotel has inked a deal for an 11,176-square-foot location near Grand Central Terminal, the company announced yesterday...
Chrysler Building Likely to Be Purchased in All Cash
RFR Realty and Signa Holding GmbH—Austria’s largest privately owned real estate company—are expected to acquire the leasehold for the Chrysler...
TD Bank Funds $35M Refi for New Midtown South Rental Building
New York City’s Kahen Properties has pinned down a $34.5 million refinancing on a residential rental building it controls in Midtown South,...
JLL's HFF Acquisition Will Create US' Largest CRE Brokerage
A merger of two of the country’s most active debt-advisory shops is set to create the largest commercial real estate debt practice in the country....
AIG Lends $52 Million on NJ Multifamily Complex
BNE Real Estate Group has scored a $52 million loan to refinance the Link at Aberdeen Station, a luxury multifamily property in Aberdeen, N.J.,...
Jeff Blau on Hudson Yards Opening, the Shaky Retail Climate and Future Projects
Jeff Blau has had a busy couple of weeks. The 50-year-old CEO of Related has been overseeing the final preparations for the developer’s latest...
How Related Leased 7 Million Square Feet of Office Space at Hudson Yards
When Related Companies began searching for tenants to fill its first, 1.8-million-square-foot office tower at Hudson Yards in 2011, its leasing...