Search Results for:

You are here

Come for the Office, Stay for the Firepit
News 2 months ago
Come for the Office, Stay for the Firepit

Plenty of office landlords are putting in new amenities, from lobby seating to outdoor terraces to gyms, but SJP Properties is betting that no one...

Share
How a New York City Spot Opens a Second Location After Nearly a Decade
News 2 months ago
How a New York City Spot Opens a Second Location After Nearly a Decade

Katz's Delicatessen has been open at 205 East Houston Street in the Lower East since 1888, serving up famous giant pastrami sandwiches and being...

Share
JLL's Perez-Alvarado Brings a Global View
News 2 months ago
JLL's Perez-Alvarado Brings a Global View

Not too long ago, Gilda Perez-Alvarado's doorman asked her if she was a pilot. It actually wasn't a bad guess. She was away for days at a time. She...

Share
EmblemHealth Expands in Flushing
News 2 months ago
EmblemHealth Expands in Flushing

Health insurance firm EmblemHealth is renewing and expanding its lease in Flushing, Queens, Commercial Observer has learned. The firm signed a...

Share
Carlton Group Moving to Madison Avenue Office
News 2 months ago
Carlton Group Moving to Madison Avenue Office

Real estate investment firm Carlton Group signed a five-year lease for 6,000 square feet at Stawski Partners' 360 Madison Avenue, Commercial...

Share
The Wing Opening Williamsburg Location, Its Second in Brooklyn
News 2 months ago
The Wing Opening Williamsburg Location, Its Second in Brooklyn

The coworking and community space designed for women, The Wing, plans to open its second outpost in Brooklyn after nailing down space in an under...

Share
Israeli Bondholders To Hire Legal Firm in Standoff with Starwood
News 2 months ago
Israeli Bondholders To Hire Legal Firm in Standoff with Starwood

Bondholders in Israel have voted to hire a legal team to represent their interest against Starwood Capital, whose Tel Aviv bond is trading at...

Share
HSF Lends $43M for Boston-Area Hotel Development Project
News 2 months ago
HSF Lends $43M for Boston-Area Hotel Development Project

Hall Structured Finance has handed the developer of a new Boston-area hotel a $43.3 million construction loan, the Dallas-based lender announced on...

Share
Essex Crossing Is Getting a Bike Shop by the Williamsburg Bridge
News 2 months ago
Essex Crossing Is Getting a Bike Shop by the Williamsburg Bridge

A bike shop is coming to Essex Crossing, the nine-building, 1.9-million-square-foot mega-project on the Lower East Side, Commercial Observer can...

Share
Sonder Is Real Estate’s Newest Unicorn, After $210M Raise
News 2 months ago
Sonder Is Real Estate’s Newest Unicorn, After $210M Raise

Short-term rental startup Sonder has closed a $210 million round of funding at a valuation of over $1 billion, cementing its rumored unicorn status...

Share
Thor Nears $200M Logistics Portfolio Acquisition in UK
News 2 months ago
Thor Nears $200M Logistics Portfolio Acquisition in UK

Joseph Sitt's Thor Equities has been eyeing a pivot to industrial and logistics assets for more than a year: Last summer, a company spokesman told...

Share
USAA Buys Arlington, Va. Office Property for $153M
News 2 months ago
USAA Buys Arlington, Va. Office Property for $153M

Investment firm USAA Real Estate has purchased an office building called One Liberty Center in Arlington, Va. from Carr Properties, according to...

Share
News 2 months ago
Russian Startup Miro Moving into Row DTLA

The Russia-based startup Miro is setting up its stateside headquarters in Downtown Los Angeles. The software company signed a lease for 7,178...

Share
Philip Freelon, Architect of the African American History Museum, Dies
News 2 months ago
Philip Freelon, Architect of the African American History Museum, Dies

Well-known, North Carolina-based architect Philip Freelon, who was one of the designers of the National Museum of African American History and...

Share
Can Commercial Real Estate Investment Truly Be Democratized?
News 2 months ago
Can Commercial Real Estate Investment Truly Be Democratized?

As crowdfunding matures it’s unclear whether it can deliver on its promise of democratizing real estate investment....

Share
Publicis Leases 1M SF at 375 Hudson Street
News 2 months ago
Publicis Leases 1M SF at 375 Hudson Street

Publicis Groupe signed a 960,000-square-foot lease at 375 Hudson Street, the largest single office lease of the year, co-owner Hines announced in a...

Share
FiDi Condo at 125 Greenwich Street Is Headed for a UCC Auction
News 2 months ago
FiDi Condo at 125 Greenwich Street Is Headed for a UCC Auction

The troubled debt on the 125 Greenwich Street construction project has been scheduled for a Uniform Commercial Code (UCC) foreclosure auction in...

Share
Latin Mainstay Calle Ocho Heads North on the Upper West Side
News 2 months ago
Latin Mainstay Calle Ocho Heads North on the Upper West Side

Upper West Side Latin restaurant Calle Ocho is moving 25 blocks uptown to a new location with cheaper rent plus an outdoor patio. The neighborhood...

Share
News 2 months ago
Scenes From Commercial Observer's 2019 Power Gala

On the evening of June 13, Commercial Observer hosted its 12th Annual Power Gala, a celebration of the publication's 2019 Power 50 in finance and...

Share
Harbor Group International Snaps Up 564 St. John’s Place for $118M
News 2 months ago
Harbor Group International Snaps Up 564 St. John’s Place for $118M

Toby Moskovits and Michael Lichtenstein have sold their multifamily property at 564 St. John's Place to Harbor Group International (HGI),...

Share
Borrowers Are Pushing Back Against Bad Boy Guaranties
News 2 months ago
Borrowers Are Pushing Back Against Bad Boy Guaranties

How low can you go? In a late cycle environment that's headlined by a very liquid and competitive credit market, many alternative lenders across...

Share
Meridian Capital's Drew Anderman Never Bet That He'd Be Arranging Debt
News 2 months ago
Meridian Capital's Drew Anderman Never Bet That He'd Be Arranging Debt

"Baja" was the name of Drew Anderman's high-end take on a Tex-Mex eatery. It was the late 1980s. Anderman, 53, now a senior managing director at...

Share
Creative Agency Leases New Offices in Former East Williamsburg Bakery
News 2 months ago
Creative Agency Leases New Offices in Former East Williamsburg Bakery

Marketing agency Madwell is relocating its offices in East Williamsburg, Brooklyn about a mile east of its current headquarters, Commercial...

Share
Mosaic Lends $460M on Downtown Portland Mixed-Use Project
News 2 months ago
Mosaic Lends $460M on Downtown Portland Mixed-Use Project

Mosaic Real Estate Investors has provided $460 million in senior debt to BPM Real Estate Group for a massive planned mixed-use development called...

Share
Defaulted Debt on Thor’s 1006 Madison Avenue is Up for Sale
News 2 months ago
Defaulted Debt on Thor’s 1006 Madison Avenue is Up for Sale

The $17 million non-performing CMBS loan on Thor Equities' retail property at 1006 Madison Avenue is up for sale, according to information shared...

Share
Nela Development Sells Two Highland Park Buildings for $5.8M
News 2 months ago
Nela Development Sells Two Highland Park Buildings for $5.8M

Two Highland Park buildings have traded hands for $5.8 million, in what was one of the more expensive deals in the area by square foot. The two...

Share
Q&A with Kennedy Wilson’s Lee Shapiro
News 2 months ago
Q&A with Kennedy Wilson’s Lee Shapiro

In the twenty years that broker Lee Shapiro has lived near Culver City, he hasn't seen a moment for the Westside L. A. hub quite like this. There's...

Share
817 Broadway
News 2 months ago
817 Broadway

Three years after Taconic Investment Partners and Nuveen purchased, their redevelopment is drawing to a close just as the building was designated a...

Share
Proposed DTLA Rezoning Could Open Skid Row to Luxury Development
News 2 months ago
Proposed DTLA Rezoning Could Open Skid Row to Luxury Development

The city's updated plan for Downtown Los Angeles would open Skid Row to development of both affordable and market-rate housing. Advocates are...

Share
DC Tax Increases Won’t Generate Much Cash for Affordable Housing
News 2 months ago
DC Tax Increases Won’t Generate Much Cash for Affordable Housing

In May, the D. C. Council unanimously passed a budget that would raise taxes on commercial properties in order to generate funding for new...

Share