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Shoe Company Rothy’s Takes 8K SF in NoMad
News 3 weeks ago
Shoe Company Rothy’s Takes 8K SF in NoMad

Rothy's - the direct-to-consumer shoe brand seen on the feet of Meghan Markle - inked a deal to open a New York City office in NoMad, Commercial...

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Ariel Property Advisors' Shimon Shkury on Life After Rent Reform
News 3 weeks ago
Ariel Property Advisors' Shimon Shkury on Life After Rent Reform

Shimon Shkury, founder of New York City's Ariel Property Advisors, has more than a thing or two to say about the rent reform package that passed in...

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Navigating Brooklyn as a Medical Cannabis Retailer
News 3 weeks ago
Navigating Brooklyn as a Medical Cannabis Retailer

Brooklyn's first medical cannabis dispensary, Citiva, opened in Downtown Brooklyn at 202 Flatbush Avenue in January. An unassuming passerby wouldn...

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Inside Coney Island's Mini Development Boom
News 3 weeks ago
Inside Coney Island's Mini Development Boom

The People's Playground is getting some new life. After years of decline, Coney Island, Brooklyn - home of the Cyclone roller coaster and annual...

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Colliers Hires Industry Vet Matthew Gannon for DC Office
News 3 weeks ago
Colliers Hires Industry Vet Matthew Gannon for DC Office

Colliers International has hired Matthew Gannon, a former vice president at Paramount Group, as an executive managing director in the firm's...

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Knotel Nabs 27K SF in Garment District
News 3 weeks ago
Knotel Nabs 27K SF in Garment District

Flexible-workspace provider Knotel will open another outpost in the Garment District. Knotel inked a 10-year deal for 27,186 square feet on the...

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GPI Cos. Unleashes Its New Investment Stream on El Segundo
News 3 weeks ago
GPI Cos. Unleashes Its New Investment Stream on El Segundo

"El Segundo" translates to "The Second" in Spanish, but the small coastal city is becoming one of the first targets for office real estate in...

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Opportunity Zones Catch the Eye of CRE Investors
News 3 weeks ago
Opportunity Zones Catch the Eye of CRE Investors

Putting together financing for CRE projects, especially in low-income areas, can be a test of ingenuity and determination. The passage of the Tax...

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Start-ups, Recession and the Need for Flexibility
News 3 weeks ago
Start-ups, Recession and the Need for Flexibility

The coworking model is here to stay. It satisfies the need for community-focused, flexible office space that executive suites missed. It is a...

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With PLG, the Moinian Group Makes a Grand Entrance Into the Brooklyn Market
News 3 weeks ago
With PLG, the Moinian Group Makes a Grand Entrance Into the Brooklyn Market

The recent opening of PLG, the luxury apartment building at 123 Linden Boulevard in Prospect Lefferts Gardens, marks a significant milestone for...

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Ripple Effect of New Rent Regulations in NYC Real Estate Industry
News 3 weeks ago
Ripple Effect of New Rent Regulations in NYC Real Estate Industry

Since June, when the New York State legislature passed historic rent regulations in the Housing Stability and Tenant Protection Act of 2019,...

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G4 Provides $56M in Construction Debt for a Chelsea Office Conversion
News 1 month ago
G4 Provides $56M in Construction Debt for a Chelsea Office Conversion

Erbo Properties, led by landlord Erno Bodek, has scored $56 million in construction financing from G4 Capital Partners for its planned conversion...

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Retail Startup Neighborhood Goods Raises $11M to Expand Into NYC
News 1 month ago
Retail Startup Neighborhood Goods Raises $11M to Expand Into NYC

The Dallas-based startup Neighborhood Goods, a retail store that features a rotating roster of digital brands, has raised $11 million in Series A...

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Brand Manager for Martha Stewart Consolidates Near Penn Station
News 1 month ago
Brand Manager for Martha Stewart Consolidates Near Penn Station

Marquee Brands, the company that owns the rights to Martha Stewart and Emeril Lagasse's brands, is moving its offices to Vornado Realty Trust's 330...

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TerraCRG Hires Marcus & Millichap Exec to head up Multifamily Division
News 1 month ago
TerraCRG Hires Marcus & Millichap Exec to head up Multifamily Division

Brooklyn-based brokerage TerraCRG has tapped the regional manager of Marcus & Millichap's Boston office, Tim Thompson, to head up its multifamily...

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Climbing Gym MetroRock Clambers Up to Williamsburg
News 1 month ago
Climbing Gym MetroRock Clambers Up to Williamsburg

MetroRock climbing gym is opening an outpost at The Dime, a new 23-story mixed-use development under construction in South Williamsburg, Commercial...

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Home Energy Management Startup Moving to Downtown Brooklyn
News 1 month ago
Home Energy Management Startup Moving to Downtown Brooklyn

EnergyHub, a developer of home energy management software, will ditch Gowanus, Brooklyn, for offices in Downtown Brooklyn's Pioneer Building,...

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Prologis Scores Again in Inland Empire With Big Warehouse Tenant
News 1 month ago
Prologis Scores Again in Inland Empire With Big Warehouse Tenant

Prologis has scored another big tenant for its warehouse and distribution facility in the Inland Empire, where demand for industrial space has been...

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Union Crossing in the South Bronx
News 1 month ago
Union Crossing in the South Bronx

An unassuming gray warehouse next to the Bruckner Expressway in the Port Morris section of the South Bronx is trying to kickstart the office market...

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Citi Lends $65M on Maryland Retail Center
News 1 month ago
Citi Lends $65M on Maryland Retail Center

Wharton Realty Group has landed a $65 million loan from Citigroup for Rivertowne Commons, a 384,000-square-foot shopping center in Oxon Hill, Md.,...

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Deutsche Bank Provides $60M CMBS Refi for Luxe Resort in Big Sur, Calif.
News 1 month ago
Deutsche Bank Provides $60M CMBS Refi for Luxe Resort in Big Sur, Calif.

Deutsche Bank has provided $60 million to Passport Resorts to refinance previous debt on Post Ranch Inn, a popular destination luxury resort...

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D.C.-based Firm Buys Red Hook Warehouse for $22M
News 1 month ago
D.C.-based Firm Buys Red Hook Warehouse for $22M

An 80,000-square-foot warehouse in Red Hook, Brooklyn, that has been on the market for nearly five years sold to a Washington, D. C.-based firm for...

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Inside the Bronx's Big Investment Boom
News 1 month ago
Inside the Bronx's Big Investment Boom

The Bronx is fast becoming New York City's latest real estate frontier, with its large swaths of undeveloped industrial and residential land not...

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Sales of Newly Built Condos Trend Upwards in DC Region
News 1 month ago
Sales of Newly Built Condos Trend Upwards in DC Region

Sales of new construction condominium projects within D. C.'s urban markets recorded numbers 30 percent higher in the first six months of 2019...

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How the Bronx is Reinventing Its Transit Map
News 1 month ago
How the Bronx is Reinventing Its Transit Map

Policymakers have seized the moment to bring a slew of changes to the Bronx’s transit network. How the Bronx is Reinventing Its Transit Map

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Facebook’s New San Fran Office Tower Gets $550M Perm Loan
News 1 month ago
Facebook’s New San Fran Office Tower Gets $550M Perm Loan

MetLife Investment Management has picked up a $550 million CMBS loan from Bank of America against the shiny new San Francisco office tower that...

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Godiva To Open Cafe in the Flatiron District
News 1 month ago
Godiva To Open Cafe in the Flatiron District

Godiva is opening a cafe at Thor Equities' 933 Broadway in the Flatiron District, Commercial Observer has learned. The chocolatier signed a lease...

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Annaly Lends $34M on Life Science Conversion in Maryland
News 1 month ago
Annaly Lends $34M on Life Science Conversion in Maryland

Annaly Capital Management has provided a $34 million loan to Rock Creek Property Group for the conversion of a former manufacturing facility in...

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U.S. Census Bureau to Open Manhattanville Offices
News 1 month ago
U.S. Census Bureau to Open Manhattanville Offices

The U.S. Census Bureau inked a deal to open a 10,000-square-foot office in Manhattanville. U.S. Census Bureau to Open Manhattanville Offices

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WeWork Might Cut Valuation to $20B as IPO Pressure Mounts
News 1 month ago
WeWork Might Cut Valuation to $20B as IPO Pressure Mounts

WeWork's massive $47 billion valuation might not be long for this world, as the coworking giant is reportedly considering cutting it by more than...

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