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Six NoVA Office Buildings to be Powered by Renewable Energy
News 30 min ago
Six NoVA Office Buildings to be Powered by Renewable Energy

Brookfield Properties has added 100 percent clean, renewable power to six of its office buildings in Northern Virginia, with the new energy source...

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Nearly 150 Construction Workers Sued Hudson Yards for Injuries on the Job
News 2 hours ago
Nearly 150 Construction Workers Sued Hudson Yards for Injuries on the Job

Just three months ago, on the morning of Nov. 11, 2019, scaffolding on the 18th floor of a still-under-construction portion of the $25 billion...

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Citigroup Renovates Its Tribeca HQ
News 18 hours ago
Citigroup Renovates Its Tribeca HQ

When Citigroup decided to renovate its massive headquarters at 388 Greenwich Street in Tribeca, it had to combine two separate but adjacent...

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Knakal: Is Now the Time to Buy Retail Assets?
News 1 day ago
Knakal: Is Now the Time to Buy Retail Assets?

Based on what we are seeing in the New York City investment sales market, it may indeed be the time to start buying retail driven properties. We...

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LA County Crowned Investment Capital of the US
News 4 days ago
LA County Crowned Investment Capital of the US

All bets are on. Los Angeles County has become the most attractive and active place in the country for commercial investors after posting the...

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Investment Bank H.C. Wainwright Renews at 430 Park Avenue
News 4 days ago
Investment Bank H.C. Wainwright Renews at 430 Park Avenue

H.C. Wainwright, the investment bank founded in 1868, signed on to keep its headquarters for another seven years at 430 Park Avenue in Midtown East...

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Feil Org Snags $65M M&T Construction Loan for Long Island Rental Project
News 4 days ago
Feil Org Snags $65M M&T Construction Loan for Long Island Rental Project

New York City's Feil Organization has sealed a $64.5 million loan to finance development of an apartment building in just east of the Big Apple in...

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App Academy Plans Union Square Outpost
News 4 days ago
App Academy Plans Union Square Outpost

Coding boot camp App Academy is heading downtown. The educational company, which was founded in San Francisco in 2012, has leased the entire second...

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Private Equity Fund Moving to 48K SF at 399 Park Avenue
News 5 days ago
Private Equity Fund Moving to 48K SF at 399 Park Avenue

Private equity fund Lexington Partners will move its headquarters to 48,000 square feet at Boston Properties’ 399 Park Avenue in Midtown East,...

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Leases of the Month: Dreaming of Mexico
News 5 days ago
Leases of the Month: Dreaming of Mexico

Those who are brought down by the cold, gray weather and yearn for the sunny comforts south of the border, read on to visualize yourself elsewhere....

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Simon Property Group Acquiring Rival Taubman for $3.6B
News 6 days ago
Simon Property Group Acquiring Rival Taubman for $3.6B

Simon Property Group is acquiring an 80 percent interest in mall owner Taubman Realty Group (TRG) in a $3.6 billion deal. TRG operates the famed...

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CBRE Makes 3 Promotions in DC Office
News 6 days ago
CBRE Makes 3 Promotions in DC Office

CBRE has promoted Meredith LaPier and Cathy Delcoco to vice chair, where they’ll join the top tier of execs at the brokerage, Commercial Observer...

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Fertility Firm Progyny Inks 25K SF Lease at 1359 Broadway
News 6 days ago
Fertility Firm Progyny Inks 25K SF Lease at 1359 Broadway

Fertility benefits company Progyny is expanding its operations, and nearly doubling its footprint in New York with a new lease, Commercial Observer...

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MBA CREF 2020: Panelists Talk Market Stress, the Loans They Passed On
News 6 days ago
MBA CREF 2020: Panelists Talk Market Stress, the Loans They Passed On

The “Creative Capital” panel at MBA CREF in San Diego was a lively one, moderated by Mesa West Capital co-founder Jeff Friedman. The panel’s title...

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Sky High at 3 World Trade Center | Video
News 6 days ago
Sky High at 3 World Trade Center | Video

Silverstein Properties’ Executive Vice President and Head of Leasing Jeremy Moss gives a tour of 3 WTC which includes an art studio in the sky,...

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Affordable Yonkers Development Lands $35M Financing from TD Bank
News 1 week ago
Affordable Yonkers Development Lands $35M Financing from TD Bank

TD Bank is funding construction of an affordable-housing building in Yonkers, N.Y. with a $35.3 million financing package, Commercial Observer can...

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Two Industrial Titans Dominate the Largest Portfolio Trades of 2019
News 1 week ago
Two Industrial Titans Dominate the Largest Portfolio Trades of 2019

The industrial market is firing on all cylinders, with a strong showing across all metrics for 2019, and into the new year. Asking rents reached a...

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3650 Lends $90M in University of Arizona Student Housing Acquisition
News 1 week ago
3650 Lends $90M in University of Arizona Student Housing Acquisition

Nelson Partners Student Housing has picked up a $90 million loan to buy a large student housing complex near the University of Arizona in Tucson,...

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Morgan Stanley Provides $78M CMBS Refi on Bronx Rental Portfolio
News 1 week ago
Morgan Stanley Provides $78M CMBS Refi on Bronx Rental Portfolio

Morgan Stanley has refinanced another portfolio of multifamily assets in the Bronx that is owned and operated by Eastchester, N.Y.-based...

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Broker Fee Ban Put On Hold Amid Legal Challenge
News 1 week ago
Broker Fee Ban Put On Hold Amid Legal Challenge

New York City renters aren’t free of shelling out for brokers’ fees just yet. A judge issued a temporary restraining order on Monday against the...

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Multifamily Complex in LA Trades for $49 Million
News 1 week ago
Multifamily Complex in LA Trades for $49 Million

Multifamily properties with renovation potential continue to trade hands throughout Los Angeles County. A 150-unit apartment property, named Four...

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Let’s Get Digital: Colony Capital Jumps From Industrial to Tech Infrastructure
News 1 week ago
Let’s Get Digital: Colony Capital Jumps From Industrial to Tech Infrastructure

Industrial real estate has been expanding at a breakneck speed around the United States for years. Amid the titanic e-commerce retail evolution,...

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Protecting Development Projects Now From the Next Economic Downturn
News 1 week ago
Protecting Development Projects Now From the Next Economic Downturn

With many economists and industry publications discussing a potential downturn in the coming months, it is worth considering how you can protect...

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A Former Pork Warehouse in Meatpacking District Becomes Boutique Office and Retail
News 1 week ago
A Former Pork Warehouse in Meatpacking District Becomes Boutique Office and Retail

A former pork and poultry storage warehouse at 405 West 13th Street in the Meatpacking District is entering its final form as a boutique office...

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Cambridge Savings Bank Lends $43M For Boston-Area Office Portfolio Buy
News 1 week ago
Cambridge Savings Bank Lends $43M For Boston-Area Office Portfolio Buy

Braintree, Mass.-based real estate developer and investor Campanelli and TriGate Capital have landed $43.2 million in debt from Cambridge Savings...

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Bank of America Provides $31M in CMBS Financing for Two DC Office Buildings
News 1 week ago
Bank of America Provides $31M in CMBS Financing for Two DC Office Buildings

The Modell family has received $31.2 million in financing for its acquisition of two Washington D. C.-based office buildings from EDG Corporation,...

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Durst Nabs Princeton Longevity, Ichnos Sciences and Two More at 1 WTC
News 1 week ago
Durst Nabs Princeton Longevity, Ichnos Sciences and Two More at 1 WTC

The Durst Organization inked deals for four new tenants to take space at One World Trade Center, and for two existing ones to expand their digs,...

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Waterton Buys Nashville Apartment Cluster With $105M of Wells Fargo Loans
News 1 week ago
Waterton Buys Nashville Apartment Cluster With $105M of Wells Fargo Loans

A Chicago-based investor is using three Freddie Mac loans from Wells Fargo totaling $105M to buy a multifamily development in Nashville, Tenn.,...

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REBNY and Real Estate Pros Scrambling Over New Broker Fee Rules
News 1 week ago
REBNY and Real Estate Pros Scrambling Over New Broker Fee Rules

The state just gave New York City renters potentially one of the biggest breaks of their lives: taking away real estate broker’s ability to charge...

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Mayor Pitches Basement Apartments, Retail Vacancy Tax, More Low Income Housing
News 1 week ago
Mayor Pitches Basement Apartments, Retail Vacancy Tax, More Low Income Housing

Beneath a massive blue whale at the American Museum of Natural History, Mayor Bill de Blasio unveiled proposals today for a citywide basement...

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