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One Madison Avenue
News 2 months ago
One Madison Avenue

The terraces at will feature a leafy view of Madison Square Park and, looking up past the treetops, a glimpse of Jeff Bezos' recently purchased $80...

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Solving the Ground Rent Problem
News 2 months ago
Solving the Ground Rent Problem

For many decades, "standard" ground leases said that every 20 or 30 years, the ground rent would adjust to equal 6 or 7 percent of the current...

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Top Young Professionals Share Political Priorities
News 2 months ago
Top Young Professionals Share Political Priorities

Ah, yes, quite right. That is Mitchell Forman in the far corner, the New Line Structures project director. But I'm not sure you'll want to join him...

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CO's Top Young Architects, Engineers and Contractors of 2019
News 2 months ago
CO's Top Young Architects, Engineers and Contractors of 2019

Martina Botturi, 34Electrical Engineer and Associate Principal, BR+AIn a world where having a unique specialty can get you far, BR+A's Martina...

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The Top Leasing and Sales Professionals of 2019
News 2 months ago
The Top Leasing and Sales Professionals of 2019

Ariel Benyacov, 24Director of Sales, Westbridge Realty Group Opportunity came knocking for Ariel Benyacov straight out of college. He landed his...

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The Top Young Debt and Equity Professionals of 2019
News 2 months ago
The Top Young Debt and Equity Professionals of 2019

Sorry everyone: They're (mostly) taken. As if making major strides in the world of commercial real estate finance wasn't enough, 2019 has also been...

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Terra Capital Provides $62M Loan for Bay Area Office Project
News 2 months ago
Terra Capital Provides $62M Loan for Bay Area Office Project

Windy Hill Property Ventures has landed a $61.5 million construction loan for 610 Walnut Street, a ground-up office development in downtown Redwood...

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DC’s The Wharf Obtains Record $847M Financing for Project’s Next Phase
News 2 months ago
DC’s The Wharf Obtains Record $847M Financing for Project’s Next Phase

Goldman Sachs has led a record-setting $847 million financing to fund the construction of the second phase of The Wharf, the popular $2.5 billion,...

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Famed Watergate Office Tower in DC Sells for $102M
News 2 months ago
Famed Watergate Office Tower in DC Sells for $102M

Brian Friedman's Washington, D. C.-based investment firm Friedman Capital has purchased the infamous Watergate office building, according to a...

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Luxury Watch Retailer Signs Short-Term Lease Near Madison Avenue
News 2 months ago
Luxury Watch Retailer Signs Short-Term Lease Near Madison Avenue

Wrist Aficionado, a luxury online watch retailer, has signed an 18-month lease for space at 19 East 62nd Street between Madison and Fifth Avenues...

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Data Engineering Company Heads to 10 Grand Central
News 2 months ago
Data Engineering Company Heads to 10 Grand Central

Data operations and delivery firm Crux Informatics has found new offices at Marx Realty's 10 Grand Central in Midtown, the landlord announced today...

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WeWork Pulls Out of Its Troubled IPO
News 2 months ago
WeWork Pulls Out of Its Troubled IPO

Coworking behemoth WeWork is pumping the brakes on its initial public offering (IPO), less than a week after its bombastic co-founder Adam Neumann...

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Capital One Provides $81M Acquisition Loan for Philly Resi Property
News 2 months ago
Capital One Provides $81M Acquisition Loan for Philly Resi Property

FCP has landed a $80.5 million loan for its acquisition of Edgewater Apartments, a 286-unit luxury residential property in Philadelphia's Center...

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KTGY is First Tenant at Newly Renovated Trust Building in DTLA
News 2 months ago
KTGY is First Tenant at Newly Renovated Trust Building in DTLA

As the first tenant in the Trust Building since it has been renovated, KTGY Architecture & Planning is set to open its new headquarters in Downtown...

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Decron Continues Multifamily Push With $79M Woodland Hills Deal
News 2 months ago
Decron Continues Multifamily Push With $79M Woodland Hills Deal

Decron Properties is continuing to refocus its portfolio on multifamily properties by acquiring Alura, a 250-unit multifamily complex in Woodland...

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Hedge Fund Takes 14K SF in Meatpacking District
News 2 months ago
Hedge Fund Takes 14K SF in Meatpacking District

Hedge-fund RTW Investments will move its offices from Chelsea to the Solar Carve Tower in the Meatpacking District. The firm signed a 10-year lease...

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Lightstone and Elad Join List of Companies Heading Back to Tel Aviv
News 2 months ago
Lightstone and Elad Join List of Companies Heading Back to Tel Aviv

Lightstone Group and Elad Group are returning to Tel Aviv to raise Series B bond offerings, in what amounts to a sudden comeback of New York real...

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Healthcare Construction Experts on Design that Prioritizes Patients and Staff
News 2 months ago
Healthcare Construction Experts on Design that Prioritizes Patients and Staff

If anyone was playing a drinking game at Commercial Observer's annual Healthcare Construction Forum, they would be feeling pretty good around noon...

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Tri-State Shake-Up at C&W as Santora Steps Down, Dodd Steps In
News 2 months ago
Tri-State Shake-Up at C&W as Santora Steps Down, Dodd Steps In

John Santora, the president of Cushman & Wakefield's New York tri-state region, will step down from his post next year and be replaced by 18-year...

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Why is Automation So Hard in Commercial Real Estate?
News 2 months ago
Why is Automation So Hard in Commercial Real Estate?

In 2016, Harvard Business Review released a study ranking how digitally advanced the different sectors of industry were. Real estate ranked below...

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Creative Agency Harper + Scott Departs Flatiron for WTC
News 2 months ago
Creative Agency Harper + Scott Departs Flatiron for WTC

Marketing firm Harper + Scott is leaving the Flatiron District for the new 3 World Trade Center. The creative agency inked a seven-year 17,456...

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One Developer Out as Partner Takes $65M Loan on Mad Ave Tower
News 2 months ago
One Developer Out as Partner Takes $65M Loan on Mad Ave Tower

A developer behind a planned residential tower on the Upper East Side has secured $65 million in construction debt from Deutsche Bank to fund work...

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Orangetheory Plans Flushing Outpost at Tangram
News 2 months ago
Orangetheory Plans Flushing Outpost at Tangram

Popular fitness chain Orangetheory is expanding to Flushing, Queens with an outpost at Tangram, one of the largest new developments in the...

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Mental Health Studio Nabs 5K SF in Flatiron District
News 2 months ago
Mental Health Studio Nabs 5K SF in Flatiron District

A mental health studio which plans to open locations nationwide inked a deal for its second Manhattan outpost in the Flatiron District, Commercial...

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Upper West Side Apartments Get $80M Fannie Mae Refi
News 2 months ago
Upper West Side Apartments Get $80M Fannie Mae Refi

Atlantic Development Group has picked up $80 million in agency debt to refinance an apartment building on the Upper West Side, Commercial Observer...

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Penzance Buys Office Complex in Herndon, Va., for $72M
News 2 months ago
Penzance Buys Office Complex in Herndon, Va., for $72M

Penzance has purchased a 10-building office complex totaling 422,000 square feet in Herndon, Va., according to the Washington, D. C.-based...

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AI Firm Okapi Raises $5.5M for US Expansion
News 2 months ago
AI Firm Okapi Raises $5.5M for US Expansion

Israeli startup Okapi, which uses machine learning to help property managers understand their data, raised $5.5 million in a Series A round. The...

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TF Cornerstone's Jeremy Shell on a Post-Amazon LIC and Beyond
News 2 months ago
TF Cornerstone's Jeremy Shell on a Post-Amazon LIC and Beyond

Behind the iconic Pepsi-Cola sign in Long Island City, seven high-rises stand above the East River along Center Boulevard. Built by TF Cornerstone...

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Normandy Unloads DC’s 950 L’Enfant Plaza in $105M Deal
News 2 months ago
Normandy Unloads DC’s 950 L’Enfant Plaza in $105M Deal

Normandy Real Estate Partners has sold 950 L'Enfant Plaza, a 315,726-square-foot office building in Washington, D. C. to Boyd Waterson Asset...

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Proposed Supportive Housing Project Would Add 454 Units Near Hollywood
News 2 months ago
Proposed Supportive Housing Project Would Add 454 Units Near Hollywood

A supportive housing firm is planning to redevelop a property near Hollywood with 454 affordable units to help address the growing homeless...

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