Gap Plans to Close Another 230 Stores, Spin Off Old Navy Into Separate Company
Month: February 2019
Jewish Housing Group Lands $50M Refi on East Village Seniors’ Complex
Citi, Rexmark Provide $117M Refi for Miami’s Soho Beach House
E-Bike Maker Jetson Motors Into 12K-SF Offices in Industry City
DeBartolo Gets $58M Bridge Loan for Texas Resi Building With Amazon Link
Normandy and Columbia Scooping Up 250 Church Street for $205M
Lightstone Grabs Potential 600K-SF Bronx River Parcel for $59M
BNY Mellon Lends $24M on Kips Bay Luxury Residential Property
Beekman Estate Picks Up Three Lenox Hill Residential Buildings for $36M
Synetic Theater Signs Lease Extension in National Landing, Va.
BBVA Provides $41 Million in Acquisition Financing for NJ Industrial Portfolio
Greg O’Connell Talks Red Hook Real Estate, Superstorm Sandy and Life as a Cop
Brooklyn Coworking Spaces Are Getting Back to the Fundamentals
NKF’s Whitten Morris Has Married a CRE Platform With His Beloved Home of Brooklyn
Draft Picks: A Growing Number of Breweries Now Call Brooklyn Home
How Do You Build New Offices in Williamsburg? Add Manufacturing!
Mobile Marketing Company Moving Blocks Away to 56K SF on West 34th Street
Silverpeak Originates $27M Bridge Loan for California Beach Hotel
Uber’s Bike-Share Company Jump Expanding Within Dumbo Heights’ 55 Prospect Street
On-Demand Private Workspace Provider Breather Takes 18K SF in Chelsea
Icon Realty Retained to Restructure Troubled Brookland Portfolio
Civil Rights Law Firm Expands Presence in Empire State Building
SocGen, Crédit Agricole Provide $165M Refi for The London West Hollywood Hotel
Note From the Editors: Commercial Observer Launches Membership Program
Italian-American Trattoria Atto Opening in 8K SF—Roof Deck Included—at Tuscany Hotel
Morgan Stanley Provides $71M Refi for Garment District Hotel
ICBC, Scotiabank Lead $217M Financing for Brookfield Resi Tower at Greenpoint Landing
Amazon’s Departure Leaves Developers and Brokers Picking Up the Pieces
Lyft Zooming Into Hudson Commons on Far West Side With 100K-SF Lease
Sunset Park Developers Who Struggled With Rezoning Put Massive Site on the Market
Mesa West Lends $42M on $26M Purchase of Two Chicago Macy’s Stores
Amboy Bank Provides $33M Construction Loan for NJ Luxury High Rise Property
Silver Diner Chain Signs Lease for First Location in Loudoun County, Va.
Gotham Lands $184M in Wells Fargo Debt for Two Manhattan Buildings
Workspace Provider Convene Signs Leases for Two Locations in DC
Self-Storage Owner Nabs $235M in CMBS Debt for National Portfolio
The Plan: St. Luke’s Hospital Conversion in Morningside Heights
Asset Manager PineBridge Relocating to Three Full Floors at Park Avenue Tower
Blank Slate Opening Second Midtown Outpost, in Steven Croman Building
Cooper Union Makes Over $50M a Year From the Chrysler Building. But Is It Enough?
Stuck in the Middle: Smaller Boutique Hotels Are the Odd Ones Out
SoCal Office Market Weakens While Multifamily Development Continues to Grow: Survey
Silverstein Capital Partners’ Michael May on Why He Likes Big, Complicated Deals
With Amazon Out, It’s Time for NYC Businesses to Come Together
GFP and Meadow Partners Picking Up Gramercy Park Building for $81M
Freddie Mac’s David Leopold Talks Affordable Housing and the Importance of Subsidy
Alamo Drafthouse Expanding at City Point in Downtown Brooklyn
In Transition: Bridge Lenders Talk Competition, CLOs and Opportunity Zones
Affordable Housing Baffles Otherwise Soaring Multifamily Sector
Women’s Clothing Manufacturer Consolidates in Garment District
West Village Tarot-Card Reader Opening Second Neighborhood Outpost
Nuveen Real Estate Lends $124M on Colorado Industrial Portfolio
New Renderings Revealed for Brookfield and Douglas’ Massive DC Office Building
McNally Jackson Plans New Stores in City Point, South Street Seaport
Navigating the Risks of Blockchain Technology in Commercial Real Estate
Dream Big: Dimitri Lalagos on American Dream Mall’s Bright Future
Cancer Research Firm Nabs 15K-SF Prebuilt Lab Space on Far West Side
Citi Lends $90M on Redeveloped Pace Gallery Building in Chelsea
New Renderings Revealed for Frank Gehry-Designed The Grand in DTLA
Greystone Provides $133M Refinance for Staten Island Multifamily Behemoth
Debt Funds Have Banks Struggling to Keep Pace, Fretful Lenders Declare
Playing by the Rules: Q&A With Kaufman Organization’s Steven Kaufman [Video]
The Plan: Office Furniture Maker Poppin Redesigns Its Flatiron HQ
St. Mark’s Comics Felled by Rising Rents, but Real Kryptonite Is Catering to Diehards
How a Bronx FreshDirect Facility Became a Stepping Stone for Schimenti Construction
Related Group’s Jorge Pérez Talks Real Estate, Lawsuits and Donald Trump
After 16 Years of Construction, American Dream Mall Will Finally Open. Will It Work?
Italian Cashmere Brand Falconeri Nabs Soho Space for First US Store
Home Care Provider Inks 59K-SF Deal Near Atlantic Terminal in BK
British Lingerie Company for Busty Women Opening First US Store in Soho
China Oceanwide Holdings Quietly Marketing 80 South Street for $300M
WeWork Finally Closes $850M Buy of Former Lord & Taylor Flagship
Blackstone Picks Up Forever 21’s Lincoln Heights HQ for $166M
Young Adult Institute Relocates to SL Green’s 220 East 42nd Street
Fannie Mae Raises Small-Balance Limit, Faces Down Freddie Mac, Banks
Silverstein Breaks the Ice, Raises $50M on Tel Aviv Bond Market
Colliers Grabs Investment Sales Pro Rawles Wilcox in DC Office [Updated]
Ethan Allen, Paris Baguette Sign On at The Boro in Tysons, Va.
Servcorp Signs Deal to Operate 36K SF of Coworking at Hartz’s 667 Madison Avenue
Barclays Lends $66M on Time Equities’ Miami Industrial Assets Portfolio
Two Airlines Plan $344M Investment for JFK Terminal Renovation
Mexican Restaurant Known for Its Mechanical Bull Opening East Williamsburg Outpost
Lululemon Nails Down 20K-SF Two-Story Glass Retail Corner at 592 Fifth Avenue
Citizens Bank Lends $31M for Construction of a Hilton in San Jose, Calif.
Bridge Development Partners Nabs DTLA Industrial Property From Atlas Capital for $68M
ABS Partners Expands Capital Markets Arm With Two Ex-Eastern Consolidated Pros
Ruby Schron Finds $690M Financing for Troubled National Portfolio
Touring the Dime, the 23-Story Mixed-Use Tower and Bank Conversion in Williamsburg
After Decades of Cold Decks Developers Are Betting Big Again on Las Vegas
Shaping up DDC: Department Announces Plan to Stem Delays and Cost Overruns
Developers Snag $37M Construction Loan to Build Condos in Chelsea
A More Affordable Billionaires’ Row: Allen Gross’ $420M Bet on the Parker New York
Lawyers and Brokers Raise the Alarm Over New Citywide Anti-Harassment Policy
The Devli You Don’t Know: the Devli Family on Switching From Handbags to Hotels
Nightly Know-How: David Sonnenblick and Elliot Eichner Talk Lodging Finance
Financial Firm Wellspring Capital to Take Penthouse at 605 Third Avenue
NYC Housing Partnership Moving to New HQ in Garment District
DJM’s Stenn Parton Talks the Future of Retail and Creating ‘Story-Worthy’ Projects
Morrison & Foerster Hires New REIT Group Partner in DC Office
Memorial Sloan-Kettering Signs Deal for 75K-SF UES Medical Building
Related Seals $250M Tribeca Acquisition With $160M Loan From JP Morgan, LBBW
Equipment Rental Company Ditching Manhattan for Brooklyn’s Industry City
Skanska Signs 99-Year Lease to Develop Downtown DC Mixed-Use Development