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FiDi Gristedes to Bite the Dust
News 2 days ago
FiDi Gristedes to Bite the Dust

Red Apple Group’s John Catsimatidis is looking to close his Gristedes in the Financial District, Commercial Observer has learned. The 5,500-square...

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Aussie Yoga Studio Humming Puppy Wags Tail in Midtown South
News 2 days ago
Aussie Yoga Studio Humming Puppy Wags Tail in Midtown South

From the Down Under to Midtown South. Australian yoga studio Humming Puppy has signed a deal to occupy 7,300 square feet at Stellar Management’s...

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Brookfield Back to the Drawing Board After GGP Rejects Takeover Bid
News 2 days ago
Brookfield Back to the Drawing Board After GGP Rejects Takeover Bid

The fate of Brookfield Property Partners’ bid to takeover mall landlord GGP appears uncertain after GGP reportedly rejected Brookfield’s initial ...

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Los Angeles Passes Linkage Fee on Real Estate Development
News 2 days ago
Los Angeles Passes Linkage Fee on Real Estate Development

The Los Angeles City Council unanimously passed a measure on Wednesday that will assess a “linkage fee” requiring developers to pay a surcharge for...

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Stamford Office Building Nabs $133M ACORE Refi
News 2 days ago
Stamford Office Building Nabs $133M ACORE Refi

Connecticut office landlord Building and Land Technology has scored a $132.7 million loan from ACORE Capital to refinance a sprawling Stamford,...

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Moinian Group Nabs $118M Square Mile, Bank of the Ozarks Loan for Dallas Office Tower
News 2 days ago
Moinian Group Nabs $118M Square Mile, Bank of the Ozarks Loan for Dallas Office Tower

Square Mile Capital Management has provided a $118 million loan to The Moinian Group and SMA Equities for Renaissance Tower—a 1.7-million-square...

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Newmark Goes Public with Offering on Nasdaq
News 2 days ago
Newmark Goes Public with Offering on Nasdaq

Global brokerage BGC Partners listed its subsidiary real estate brokerage and advisory firm Newmark Group as a publicly traded entity today with an...

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Meridian Arranges $68M Bridge Financing for LA Office Building
News 2 days ago
Meridian Arranges $68M Bridge Financing for LA Office Building

Southern California-based J.H. Snyder Company has sealed a $68 million bridge loan from refinance its debt on a recently built North Hollywood,...

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ACORE Provides $132M Construction Loan for Cali Student Housing Property
News 2 days ago
ACORE Provides $132M Construction Loan for Cali Student Housing Property

ACORE Capital has closed a $131.7 first mortgage for the ground-up construction of The Graduate—a 19-story student housing building in San Jose,...

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Complex Expands With a Move to Part of Yahoo’s Office in Times Square
News 3 days ago
Complex Expands With a Move to Part of Yahoo’s Office in Times Square

Complex Networks, the umbrella company that includes Complex and its sub-brands like First We Feast and Pigeons and Planes, is moving to the old...

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Garment District Clothier Inks 31K SF to Relocate Across the Street
News 3 days ago
Garment District Clothier Inks 31K SF to Relocate Across the Street

Clothing manufacturer ES Sutton has signed a 30,931-square-foot deal at Shorenstein Properties’ 1407 Broadway, according to CBRE, the building’s...

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First Tennessee, Nationwide Lend $65M for Houston Logistics Center
News 3 days ago
First Tennessee, Nationwide Lend $65M for Houston Logistics Center

First Tennessee Bank and Nationwide have provided $65 million in financing to Houston-based Pontikes Development for the first phase of development...

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Merry CMBS-mas: Famous Holiday Movies That Feature CMBS Properties
News 3 days ago
Merry CMBS-mas: Famous Holiday Movies That Feature CMBS Properties

People have plenty of traditions when it comes to the holidays. Some of the most popular practices involve specific meals, gathering families...

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School of Visual Arts Re-ups for 80K SF in Gramercy Park
News 3 days ago
School of Visual Arts Re-ups for 80K SF in Gramercy Park

The School of Visual Arts (SVA) has signed an early renewal for its 80,000 square feet at ABS Partners Real Estate’s 380 Second Avenue, according...

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Ad Agency Momentum Worldwide Heads to 60K SF at Brookfield Place
News 3 days ago
Ad Agency Momentum Worldwide Heads to 60K SF at Brookfield Place

Ad agency Momentum Worldwide is packing up its Hudson Square offices and heading Downtown to Brookfield Place. The Interpublic Group subsidiary has...

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Eastern Union's Ira Zlotowitz on Using Data to Steer the Ship
News 3 days ago
Eastern Union's Ira Zlotowitz on Using Data to Steer the Ship

Ira Zlotowitz has never been afraid to write his own script. As president and CEO of Eastern Union, Zlotowitz has made a name for himself as a...

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Direct Mail Startup PebblePost Inks Deal to Quadruple Its Offices
News 4 days ago
Direct Mail Startup PebblePost Inks Deal to Quadruple Its Offices

PebblePost, a direct mail marketing startup, recently signed a 19,644-square-foot deal at 400 Lafayette Street to nearly quadruple the size of its...

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MTA, DOT Release Plan to Ferry Riders Across the River During L Train Shutdown
News 4 days ago
MTA, DOT Release Plan to Ferry Riders Across the River During L Train Shutdown

The Metropolitan Transportation Authority and the New York City Department of Transportation have unveiled their long-awaited plan to convey L...

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CIT Lends $35M on Creative Office Building in Oakland
News 4 days ago
CIT Lends $35M on Creative Office Building in Oakland

CIT Bank has provided $35 million to New York-based real estate owner and operator Brickman to finance the acquisition and upgrading of Plaza 360,...

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Square Mile Lends $150M on The Dime Development in W'burg
News 4 days ago
Square Mile Lends $150M on The Dime Development in W'burg

Tavros Development Partners and Charney Construction and Development have nabbed a $150 million construction loan from Square Mile Capital...

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Why Multifamily Housing Will Dominate the Future of Real Estate
News 4 days ago
Why Multifamily Housing Will Dominate the Future of Real Estate

One of the most ambitious multifamily housing developments of its time was Stuyvesant Town/Peter Cooper Village in New York City. The red brick...

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[Video] Q&A with Francis Greenburger
News 4 days ago
[Video] Q&A with Francis Greenburger

Commercial Observer sits down with Francis Greenburger to discuss why Time Equities is bullish on malls and why taxes need to be reformed. 0:17 –...

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Ilan Investments Scores $36M in Bridge Financing For Houston-Area Apartments
News 4 days ago
Ilan Investments Scores $36M in Bridge Financing For Houston-Area Apartments

Greystone has provided a $36.4 million bridge loan for Ilan Investments’ purchase of an apartment complex north of Houston, Commercial Observer can...

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Top 10 Retail Leases of the Month: November
News 4 days ago
Top 10 Retail Leases of the Month: November

Mid-November to mid-December is almost always the Hanukkah/Christmas present retailers always crave, and so far this season hasn't disappointed as...

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Lace Designer Klauber Brothers Relocating Garment District Office
News 4 days ago
Lace Designer Klauber Brothers Relocating Garment District Office

Lingerie lace supplier Klauber Brothers is relocating its headquarters within the Garment District after agreeing to take just over 9,000 square...

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The Plan: Emerge212 Brings High-End Hospitality to 1185 Avenue of the Americas
News 4 days ago
The Plan: Emerge212 Brings High-End Hospitality to 1185 Avenue of the Americas

While the stratospheric rise of WeWork has raised the profile of coworking to an unprecedented level in recent years—with more firms than ever...

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Retail Details: Live From MAPIC
News 4 days ago
Retail Details: Live From MAPIC

What's the problem with retail? What are retailers doing to help themselves in this cruddy climate? Are international retailers interested in the U...

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Marijuana Dispensaries Are Here and Now—This Is How the Real Estate Is Playing Out
News 4 days ago
Marijuana Dispensaries Are Here and Now—This Is How the Real Estate Is Playing Out

New York is slowly but surely getting into a California state of mind with ground-level retail marijuana dispensaries beginning to pop up across...

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2017: A Great Year for Office Leases
News 4 days ago
2017: A Great Year for Office Leases

For the first time in decades, Manhattan is flush with new office space. And that means big leases were being signed left and right—more than any...

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Commercial Development Increases Near Transit Hubs in Los Angeles
News 5 days ago
Commercial Development Increases Near Transit Hubs in Los Angeles

Plans to expand the transit system in car-centric Los Angeles will likely have a positive impact on asking rents and sales of commercial and...

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