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CBRE's Darcy Stacom on the Chrysler Building Sale and Off-Market Sales
News 3 months ago
CBRE's Darcy Stacom on the Chrysler Building Sale and Off-Market Sales

The "Queen of Skyscrapers" Darcy Stacom has more than earned her nickname recently. The CBRE broker - who, along with her business partner William...

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HelloFresh Subleases Chelsea Space to Developer and Medical Tech Firm
News 3 months ago
HelloFresh Subleases Chelsea Space to Developer and Medical Tech Firm

A medical technology firm and a business intelligence software developer recently acquired by Google separately inked deals to take over HelloFresh...

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Media and Tech Lead LA’s Office Market
News 3 months ago
Media and Tech Lead LA’s Office Market

The market for top-end office space in Los Angeles tightened up this past quarter as tech and media firms continue to eat up space. Savills' third...

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MetLife Lends $36M in South Florida Multifamily Acquisition
News 3 months ago
MetLife Lends $36M in South Florida Multifamily Acquisition

Lloyd Jones, a multifamily investor based in Miami, has sealed a $36.1 million loan from MetLife to buy an apartment complex in Pembroke Pines, Fla...

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Principal Lends $34M on North Hollywood Apartments
News 3 months ago
Principal Lends $34M on North Hollywood Apartments

Principal Life Insurance Company has provided $34 million to refinance a newly-constructed multifamily development, The Ivy at NoHo, with 144 units...

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White Horse Logistics Adds 328F SF Warehouse in Southern California
News 3 months ago
White Horse Logistics Adds 328F SF Warehouse in Southern California

White Horse Logistics, Inc. has signed a 327,928-square-foot lease in the Inland Empire in Southern California, bringing the firm's total footprint...

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Etc.venues Plans Conference Center at 601 Lexington Avenue
News 3 months ago
Etc.venues Plans Conference Center at 601 Lexington Avenue

London-based events company etc.venues has inked a deal to operate a conference center at Boston Properties' 601 Lexington Avenue in Midtown, the...

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Conservative Media Firm Newsmax Expands in Midtown East
News 3 months ago
Conservative Media Firm Newsmax Expands in Midtown East

Florida-based Newsmax, a conservative media firm, is quintupling the size of its Manhattan office. The company will relocate its studios to Cohen...

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Square Mile Provides $430M Construction Loan for 100 Pearl Street
News 3 months ago
Square Mile Provides $430M Construction Loan for 100 Pearl Street

Square Mile Capital Management provided a $430 million construction loan to GFP Real Estate and Northwind Group for their redevelopment of 100...

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Swiss Skincare Brand Takes 8K SF at 41 Madison Avenue
News 3 months ago
Swiss Skincare Brand Takes 8K SF at 41 Madison Avenue

La Prairie, a Switzerland-based skincare brand, will move its New York City offices from Midtown to the Rudin family's 41 Madison Avenue in the...

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Brooklyn Harvest to Open Supermarket in East Williamsburg
News 3 months ago
Brooklyn Harvest to Open Supermarket in East Williamsburg

The Williamsburg-based Brooklyn Harvest Market is adding a fourth location to its lineup, Commercial Observer has learned. The gourmet grocer,...

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Equinox to Open NoMad Location
News 3 months ago
Equinox to Open NoMad Location

Just in case the people of Midtown South didn't have enough fitness studios to choose form, Equinox is adding another gym to its Manhattan roster....

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Nightingale, Wafra Buying 111 Wall St. for $570M, Seeking $450M Loan
News 3 months ago
Nightingale, Wafra Buying 111 Wall St. for $570M, Seeking $450M Loan

Nightingale Group and Wafra Capital Partners are acquiring the leasehold interest of 111 Wall Street for approximately $570 million and seeking...

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L+M Lands $53M Refinance for East VIllage Mixed-Use Development
News 3 months ago
L+M Lands $53M Refinance for East VIllage Mixed-Use Development

Wells Fargo has invested in $52.8 million worth of New York State Housing & Community Renewal bonds to fund the refinancing of L+M Development's...

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Investment Manager Moving Headquarters to 605 Third Avenue
News 3 months ago
Investment Manager Moving Headquarters to 605 Third Avenue

Global X Fund, an investment manager focused on exchange-traded funds, will move its Lexington Avenue headquarters to 605 Third Avenue in Midtown,...

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GDSNY Reveals Renderings of New Chelsea Office Tower
News 3 months ago
GDSNY Reveals Renderings of New Chelsea Office Tower

Developer GDSNY and its partner Klovern are breaking ground today on a new 12-story office building at 322-326 Seventh Avenue, at the corner of...

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Why is This Dermatology Office Blitzleasing in NYC?
News 3 months ago
Why is This Dermatology Office Blitzleasing in NYC?

If dermatologist Dr. Bobby Buka has his way, every New Yorker would be on a first-name basis with their local neighborhood dermatologist. In...

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Paramount Sells DC Office for $155M to Fund San Francisco Deal
News 3 months ago
Paramount Sells DC Office for $155M to Fund San Francisco Deal

Paramount Group has sold Liberty Place, a 172,000-square-foot office building in Washington D. C.'s End End neighborhood, for $154.5 million,...

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Brideside Bride Expands Flatiron Presence With New Wedding Dress Store
News 3 months ago
Brideside Bride Expands Flatiron Presence With New Wedding Dress Store

A bridal boutique that specializes in bridesmaids dresses is doubling its presence in the Flatiron District and taking over an adjacent retail...

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Jacob Chetrit Acquiring SL Green’s News Building For $815M
News 3 months ago
Jacob Chetrit Acquiring SL Green’s News Building For $815M

Jacob Chetrit is the buyer behind SL Green's announced $815 million sale of the 37-story News Building at 220 East 42nd Street in Midtown East,...

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Blackstone Inks $6B Deal for Colony Capital’s Logistics Properties
News 3 months ago
Blackstone Inks $6B Deal for Colony Capital’s Logistics Properties

Two prominent investment firms, Colony Capital and Blackstone Real Estate Partners, have agreed to a multi-state trade that will allow Colony...

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Amazon Leases a Dozen Locations With Plans for a Grocery Store Chain
News 3 months ago
Amazon Leases a Dozen Locations With Plans for a Grocery Store Chain

Los Angeles is front and center in Amazon's reported plans to open a chain of grocery stores, with the tech powerhouse signing more than a dozen...

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Thor Equities Unloads BJ’s Store in Brooklyn for $73M
News 3 months ago
Thor Equities Unloads BJ’s Store in Brooklyn for $73M

Thor Equities sold its nearly 200,000-square-foot retail site in Gravesend, Brooklyn, that houses a BJ's Wholesale Club for $73 million, property...

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CoStar Acquires Hotel Data Provider STR
News 3 months ago
CoStar Acquires Hotel Data Provider STR

Commercial real estate data giant CoStar Group plans to acquire STR, one of the country's largest hotel data aggregators, the companies announced...

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One Madison Avenue
News 3 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 3 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 3 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 3 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 3 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 3 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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