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Access Industries Tapped CMBS Market for DTLA Ford Factory Buy
When it was time for Access Industries to finance its purchase of the former Ford Factory in L.A.’s Downtown Arts District, the CMBS market was a...
ExecOnline Takes 10K SF at 31 Penn Plaza
ExecOnline signed a seven-year lease for 10,204 square feet at Vanbarton Group’s 31 Penn Plaza, Commercial Observer has learned. The education...
Foot Locker Plans Experiential Sneaker Store in Washington Heights
Foot Locker is moving and expanding its Washington Heights store. The shoe seller is relocating a few doors down from 7,000 square feet at 621 West...
Two More Axe Throwing Venues Coming to Brooklyn
Brooklynites will no longer have to trek to Gowanus or Greenpoint for their axe throwing needs. Two new venues for the apparently popular new...
Glenfield Borrows $40M From SunTrust to Buy Jacksonville Office Park
SunTrust Bank‘s commercial real estate lending division has helped an investor buy a Florida office complex with a $40 million loan, Commercial...
CBS Renews 164K-SF Digs at 28 East 28th Street
CBS will keep its 164,000-square-foot offices at 28 East 28th Street near Madison Square Park, months after Facebook was reportedly in talks to...
Hammes Partners Buys Maryland Medical Building for $20M
Milwaukee-based private equity firm Hammes Partners has purchased a medical office building at 7704 Matapeake Business Drive in Brandywine, Md....
WeWork Inks Leases for Three New Locations in Midtown South, FiDi
WeWork has nailed down three new leases totalling nearly 55,000 square feet in Midtown South and the Financial District for its “Headquarters by...
Haim Chera Leaves Family Business to Head Up Retail at Vornado
Vornado Realty Trust has a new head of retail, the 50-year-old Haim Chera, who until now, was the principal of the family business, Crown...
NoMad Hotel Ownership Failed to Pay $140M in Debt Last Year Amid Lawsuits
The owners of Manhattan’s NoMad Hotel—now set to be sold at a Uniform Commercial Code, or UCC, foreclosure auction in June—failed to make good on...
Netflix Expanding to NYC With Amazon-Type Tax Benefits
Streaming media giant Netflix plans to spend $100 million to expand its footprint in New York City, Governor Andrew Cuomo announced today. Netflix...
Where Did Investment Sales Go in First-Quarter 2019?
There is always a level of excitement for me when quarterly investment sales statistics come out. It's kind of like finding out the final score of...
BoConcept to Open at Tysons Galleria in Northern Va.
As part of an aggressive expansion in the U.S., BoConcept is opening a second store in the D.C. region at Tysons Galleria mall at 2001...
Greening NYC Buildings Creates the City New Yorkers Deserve
New York City has an incredible opportunity to fight climate change, improve air quality, combat inequality, save building owners money and spur...
Edens to Build Pop-Up Stadium for DC’s Pro Tennis Team on Union Market Rooftop
Washington, D. C-based real estate developer Edens is constructing a pop-up stadium for the city's pro-tennis team, the Washington Kastles, on the...
SL Green Nails Down 200K-SF Bank Lease for Hudson Yards Loft Building
SL Green Realty Corp. hasn't even closed on the purchase of its first Hudson Yards office property, but it already has a major tenant. First...
MRC Lends $27M on Bruman Realty’s Resi Project in Bushwick
Madison Realty Capital (MRC) has provided $27 million to Joseph Brunner and Abe Mandel’s Bruman Realty backed by the firm’s new rental building...
Indoor Golf Simulator Takes Space at Staten Island’s Empire Outlets
FlyingTee has inked a deal to open its third golf-center entertainment center, Tee Suite, at the under-construction outlet mall on Staten Island’s...
Private Equity Firm Relocating to One Vanderbilt From Another SL Green Building
KPS Capital Partners, a private equity firm, has become the latest tenant to sign on to SL Green Corp.’s under-construction One Vanderbilt...
Warner Bros. to Buy Burbank Studios, Sell Ranch Lot
Warner Bros. announced plans for a major expansion in Burbank in which the entertainment giant will buy The Burbank Studios and be the sole and...
Salon Suites Rental Concept Nabs Former Midtown Williams-Sonoma Space
Salons by JC, which is like WeWork for the beauty industry with its salon suite rental concept, has signed a lease for 16,253 on the second floor...
Durst Reaps $900M Refi on Times Square Tower Despite Tenant Departures
A major Times Square office building owned by The Durst Organization has bagged a $900 million refinancing from J. P. Morgan Chase and Wells Fargo,...
Accounting Firm Dixon Hughes Goodman Takes 12K SF at 3 World Trade Center
Dixon Hughes Goodman (DHG)—one of the country’s largest public accounting firms—is getting bigger digs within the World Trade Center complex. The...
The Plan: 450 Seventh Avenue Gets a Fresh Look
When Nelson Tower was constructed in 1931, the 46-story Art Deco office building was the tallest in the Garment District. These days, the wedding...
NoMad Hotel to Sell in UCC Foreclosure Auction
Creditors of the NoMad Hotel have hired JLL to market the property in a Uniform Commercial Code, or UCC, foreclosure sale, according to sources...
Chemonics International Signs on as Anchor Office Tenant at The Yards in DC
Chemonics International has signed a long-term lease for an approximate 300,000-square-foot headquarters at 1275 New Jersey Avenue SE in Washington...
Retail Has Been Reeling. What’s in Store for Multifamily Owners With Retail?
Investors who bought multifamily properties during the boom times five years ago might be in for a rude awakening soon, in large part due to retail...
ACORE Lends $48M on Troubled Florida Apartment Community
ACORE Capital has provided $47.5 million in bridge debt to allow its borrower CGI Strategies to restore and stabilize a distressed luxury apartment...
DDC Commissioner Lorraine Grillo on Trying to Turn Around the Delay-Plagued Agency
New York City School Construction Authority President (SCA) and CEO Lorraine Grillo had her work cut out for her when she accepted Mayor Bill de...
Women & Success: Golden Key’s Evi Angelakis Talks With Fox Business’ Maria Bartiromo
I recently sat down with Fox's powerhouse Maria Bartiromo for an interview about women in C-suite, the economy and the departure of Amazon. I...