The Plan: The Sail-Shaped Olympia Condo Glides Over the Brooklyn Skyline
Month: November 2024
Musk, Ramaswamy Push for Federal Workers to Return to Office Full Time
Sanitation Commissioner Jessica Tisch Appointed NYPD Commissioner
RFR’s 285 Madison Back in Special Servicing After Loan Extension
Witkoff, PPG Score $273M Construction Loan for Hotel-Condo in South Florida
Another Big D.C. Office Building Heads to a Foreclosure Auction
Health Care Marketing Firm 120/80 Takes 9K SF at 45 West 45th Street
SL Green Extends $742M Loan on Planned Times Square Casino Site
Rubenstein Law Firm Doubles Brooklyn Footprint With 5K-SF Lease
Adam Neumann Buys Discounted Aventura Office Complex for $116M
Chetrit’s UES Condo Tower Development Moves Forward With Rabsky On Board
Conversant Capital Makes Strategic Investment Up To $102M Into AXCS Capital
Private Equity Fund Administrator Gen II Takes Over 98K SF at 1675 Broadway
Criteo Renews 21K-SF Penthouse Office at 387 Park Avenue South
Investigations Firm Nardello Moves Global HQ to 1212 Avenue of the Americas
The Helmsley Building Sees 40% Slump in Value Over Last Three Years
Buck Mason Signs 3K-SF Lease in SoHo for Seventh NYC Outpost
Aquarian Holdings’ $1B Investment in PACE Equity Underscores C-PACE Market Growth
Savanna Snaps Up Columbia Property Trust’s 799 Broadway for $255M
Social Equity Means Development Needs to Benefit Surrounding Communities
Stifled New York Developers Turn to Jersey City for Resi Projects
Jersey City’s Big Office Leases This Year May Mark a Tipping Point
Belveron Partners Closes $354M Affordable Housing Investment Fund
Quinn Emanuel Signs Sublease at Hines’ Columbia Square in D.C.
Movcap Acquires Former East Village Nightclub From UBS for $28M
City Seeks Proposals for Development of Former Flushing Airport
Southern Restaurant Kitchen + Kocktails Takes 20K SF in Times Square
The Plan: The Bird Is the Word at NuSun Vernon Condo in Long Island City
Oaktree Capital Launches $250M Commercial Real Estate Debt Partnership
Longpoint Buys a Blackstone Warehouse Portfolio in South Florida for $331M
Canvas Buys Luxury Downtown Brooklyn Apartment Building for $113M
Balyasny Asset Management Expands to 164K SF in General Motors Building
60 Guilders, Sentry Realty Under Contract to Buy 1370 Broadway for $80M
Hines’ Sarah Hawkins Surveys Opportunities Up and Down the East Coast
The Future of Finance: Clarion Real Estate Income Fund Wants to Democratize Investing
Sunday Summary: Gearing Up for 55 Million Square Feet of Renewals
Iron Mountain Pays $114M for NoVA Data Center Development Site
Continuum Buys Midtown Church Property on East 35th Street for $66M
ESRT Completes $195M Williamsburg Retail Acquisition on North Sixth Street
Office Brokers, Owners Call an End to New York’s Return-to-Office Era
Tall Apartment Projects Proposed in Miami’s Wynwood Using Live Local Act
JP Morgan Chase Elevates Burke Davis to Head of Real Estate Banking
National Museum of Mathematics Moving to 34K SF at 635 Avenue of the Americas
PGIM Supplies $120M Acquisition Loan for Jacksonville Industrial Portfolio
Oak Row Equities In Talks to Buy Aimco’s Miami Waterfront Property for About $500M
Acore Capital Provides $72M Refi for Newly Converted Multifamily Building in Bed-Stuy
Durst Selling 675 Third Avenue as Potential Office-to-Resi Conversion
Deutsche Bank Lends $140M for Southern California Retail Center
Legal Aid Society Takes Over 44K SF From S&P Global at 55 Water Street
Nonprofit HOPE Program Renews 7.5K-SF Lease at 1 Smith Street
Law Firm Davidson Kappel Keeps 3K-SF Office at GFP’s 589 Eighth Avenue
Hochul Poised to Revive Congestion Pricing With $9 Tolls: Report
As New York Nixes Broker Fees, Real Estate Industry Cries Foul
Law Firm Snell & Wilmer Inks Expansion Lease in Southern California
Continuum Downsizes Housing Project Next to Brooklyn Botanic Garden
Sage Realty Selling 767 Third Avenue to Quantum Pacific for $88M
Forman Capital Supplies $114M Construction Loan for Naples Condos
Law Firm Leasing in `24: What to Know With Cushman & Wakefield’s John McWilliams
Foulger Pratt, Alexandria Sell Maryland Retail Complex in 1031 Exchange
Law Firm, Uniform Company Ink Deals at Feil’s 145 West 30th Street
Bank of Montreal Supplies $36M Refi on Delaware Office Building
Bridge Investment Group Pays $129M for Orange County Multifamily Complex
Verizon Renews Lease for 172K-SF Data Center at 60 Hudson Street
Law Firm Kauff McGuire & Margolis Signs Lease at 810 Seventh Avenue
Acres Capital Provides $69M Construction Loan for Long Island Industrial Facility
Popular Takeout Pasta Restaurant to Open at Chelsea’s 177 Eighth Avenue
Goodman Capital Provides $46M Condo Inventory Loan for Brooklyn Tower
Barclays Provides $68M Refi on Office Park Near Fort Lauderdale
Walker & Dunlop Supplies $113M Acquisition Loan for Bay Area Apartments
Vintage Retailer Signs 1,320-SF Lease at 65-69 West Houston Street
Biotech-Ville U.S.A.: The Story Behind America’s Fastest-Growing Life Sciences Hub
Calmwater Capital Supplies $41M Refi for Arizona Build-to-Rent Community
Tens of Millions of Square Feet of Manhattan Office Leases Expiring
Deutsche Bank, Goldman Sachs Refi Multifamily Portfolio With $525M CMBS Loan
Urbn Renews 5K SF at 166 Atlantic Avenue for First Anthropologie in Brooklyn
PGIM Provides $171M Refi for Grocery Store Portfolio in Southeast
Macerich Set to Sell SoCal Shopping Mall to Stockdale Capital for $157M
Streaming Service Dazn Signs 10K-SF Lease at 470 Park Avenue South
Northwind Supplies $77M Condo Inventory Loan for Austin Project
Estate Companies Secures $64M for Resi Development in Rural South Florida
RFR Sells SoHo’s 102 Greene Street to Japanese Conglomerate for $46M
NYC Cannabis Stores Don’t Have a Lot in Common With Wine Bars and Brewpubs — Yet
Wells Fargo Leads $180M CMBS Loan for Self-Storage Portfolio Refi
Criterion Real Estate Capital Hires Adam Matos and Ben Milde for Senior Roles
Power Player: Walker & Dunlop’s Susan Mello Shares Her CRE Investment Wisdom
Life Sciences Real Estate Exiting 2024 On a Symphony of Low Notes
Penzance Submits Plan to Build 3 Residential Towers in Rosslyn, Va.
Goose Property Management Buys Brooklyn Development Site for $22M
Antiquities Dealer Dalva Brothers Sells Former Upper East Side Mansion for $26M
Dwight Mortgage Trust Closes $384M Multifamily Mortgage Through Freddie Mac
After Extending Its D.C. Lease, Washington Post Calls Workers Back Full Time
Midtown Office Market On Pace for Strongest Leasing Activity Since 2018
Wage Rules Under New York’s 485x Incentive Could Delay Development
Electrification Falls Short as a Solution for Reducing Building Emissions
New York’s Osso Capital Buys NoVA Apartment Complex for $69M
Affordable Housing, Retail Planned for Land Near LaGuardia’s Marriott Hotel
Harrison Street Sells Student Housing Portfolio for Nearly $900M
Standard Communities Pays $1B for Affordable Housing Portfolio With Over 6,000 Units
What the Fed’s Latest Rate Cut Means for Commercial Real Estate
Ares CRE Announces Just $9.4M in Distributable Earnings, $124M Loan Repayments in Q3
Pet Store, Wellness Company Ink Deals at MAG Partners’ Chelsea Development
Fontainebleau Secures Another $63M for Marriott Resort in South Florida
Gym Chain Vibe Fitness Takes 55K SF at Vorea’s New Queens Complex
Sotheby’s Seals $100M Deal for the Breuer Building for New Headquarters
Equinox Signs 30K-SF Deal for Second Hudson Square Gym at 75 Varick
J.P. Morgan Real Estate Income Trust Purchases Two Site Industrial Portfolio for $26M
The Plan: 520 Fifth Avenue Harkens Back to Midtown Past With Arches
Commercial Real Estate Has High Hopes for President Trump, Part II
Acadia Realty Picks Up Even More Williamsburg Retail at 109 North Sixth Street
Blackstone’s Link Logistics Sells SoCal Warehouses for $202M
PureGym Acquires Majority of Blink Fitness for $121M, but Faces Competition
Human Services Organization Rising Ground Takes 27K SF at 111 Livingston Street
Peakstone Realty Trust Acquires 51-Property Industrial Portfolio for $490M
Celebrating a Year of Innovation and Excellence in NY Affordable Housing
Ares to Buy 75% Stake in Hell’s Kitchen Apartment Building Valued at $270M
AvalonBay’s Development Pipeline Grows as It Spends in Expansion Markets
Vornado Reports Strong Office Leasing as NYU Master Leases 770 Broadway
SMBC Provides $135M Refi on Amazon-Leased Bay Area Logistics Property
Newmark’s Third-Quarter Earnings Bolstered by Capital Markets Growth
Cushman & Wakefield Sees Stronger Leasing in Q3 But Still Faces Obstacles
VTS’s Nick Romito and CBRE’s Emma Buckland On Tech for Property Managers
Newmark Expands Capital Markets Business With Hire of Clint Frease From Eastdil-Secured
Lenders 2024: CRE Has Thoughts on Who Should Be the Next Fed Chair
Lenders 2024: CRE Lenders Wager the Over/Under on 2025 Interest Rates
Lender on Lender: Thorofare Capital’s David Perlman and Northwind Group’s Ran Eliasaf
Lenders 2024: What Stayin’ Alive Amid Distress Will Look Like in 2025
Banks Are Poised for a Commercial Real Estate Lending Rebound in 2025
George Washington University Buys D.C. Office Building for $35M
Vitamin Shoppe Owner Franchise Group Files for Bankruptcy, Announces Restructuring
Design Studio Staged To Sell Home Leases 24K SF at Industry City
Law Firm Barros & Errázuriz Takes 3K SF at 106 West 56th Street
United Way of Greater L.A. to Move and Shrink Downtown L.A. Office Footprint
Wellness Apparel Retailer Alo Yoga Opening First Brooklyn Outpost in Dumbo
OceanLand Investments Secures $96M to Build Luxe Condos In Fort Lauderdale
Investor Larry Connor Isn’t Afraid of Heights — No, You Don’t Understand
Fashion Brand Princess Polly Opens First NYC Store at SoHo’s 514 Broadway
Nuveen Green Capital Closes $220M C-PACE Loan for San Jose Office Building
CoStar Inks Early $48M Lease Termination With Gartner at Virginia Office Tower
Law Firm Kozusko Harris Duncan Expands to 15K SF at 575 Madison Avenue
SoHo Retail Investment Sales Rise as Rents Climb and Investors Swarm
Construction Firm Urban Atelier Takes 25K SF at 41 Madison Avenue for New HQ
Art of Problem Solving Leases 5K SF for First Location at 2505 Broadway
Stonehenge Snaps Up Upper East Side Apartment Building for $128M
60 Guilders, Sentry Realty Buy Vanbarton Group’s 292 Madison Avenue for $90M
TPG Angelo Gordon, Andover Properties Nab $315M Refi for Self-Storage Portfolio
Avana Companies, Oaktree Capital Management Form $250M CRE Investment Vehicle
Inside Man: Cohen & Steers’ Rich Hill Breaks Down the Listed REIT Marketplace
Partial Office-to-Residential Conversion Planned for 2 Wall Street
Anaheim Rejects 500-Unit Development Over Size, Wildfire Concerns
Child Care Center Inks Deal for 10K SF at East Harlem’s 1951 Park Avenue
Terra Unveils Tower Project Replacing Former Deauville Hotel in Miami Beach
UCLA Expands Again, Plans $90M Sports Medicine Redevelopment
Simon Property Focuses on Retail After Steady Leasing and Occupancy in Q3
Governor’s Office to Move to New 53K-SF Office at 919 Third Avenue
John Catsimatidis Seals $92M Refi for Downtown Brooklyn Apartments
D.C. Multifamily Building Headed to Foreclosure Auction Next Month
New York City Council Counters City of Yes With ‘City For All’
Roland Foods Taking 29K SF in Former WeWork HQ at 115 West 18th Street
Manhattan Office Leasing Jumps and Availability Drops in October: Report
RXR, SL Green, Apollo Recap 5 Times Square in Preparation for Repositioning
Judge Evicts RFR From Chrysler Building; Cooper Union Takes Control of Historic Tower