https://commercialobserver.com/2026/05/20-times-square-loan-special-servicing/Commercial Observeren2026-05-15T21:15:06+00:0020 Times Square Loan Returns to Special Servicing20 Times Square, Natixis, Morningstar, Maefield Developmenthttps://commercialobserver.com/wp-content/uploads/sites/3/2026/05/20-Times-Square-full2-credit-Jim-S-CO.jpg?quality=80&w=109https://commercialobserver.com/2026/05/chateau-grove-condominium-el-ad-national-canero-miami-coconut-grove/Commercial Observeren2026-05-15T21:10:51+00:00Canero Flips Condo in Miami’s Coconut Grove to El-Ad for $46MBerkadia, El-Ad National Properties, Canero Group, Jose Canero, Chateau Grove Condominium, 3265 Virginia Street, Matthew Jeffrieshttps://commercialobserver.com/wp-content/uploads/sites/3/2026/05/Jose-Canero_Coconut-Grove-copy.jpg?quality=80&w=150https://commercialobserver.com/2026/05/hyatt-calif-inland-empire/Commercial Observeren2026-05-15T20:30:33+00:00Hyatt in SoCal’s Inland Empire Secures $104M to Finance UpgradesGensler, JLL, J.P. Morgan, Marc Schillinger, Hyatt, Ace Sudah, 700 North Haven Avenue, GreenRock, FGS Realty Advisors, National Core, Fred Schuster, Keaton Yellin, Cameron Sepahihttps://commercialobserver.com/wp-content/uploads/sites/3/2026/05/National-Core-Rendering_2.jpeg?quality=80&w=150https://commercialobserver.com/2026/05/michael-brian-hirschfeld-join-colliers/Commercial Observeren2026-05-15T18:03:42+00:00Father-Son Retail Team Michael and Brian Hirschfeld Join ColliersColliers, John Gallagher, JLL, Michael Hirschfeld, Brian Hirschfeld, People Moveshttps://commercialobserver.com/wp-content/uploads/sites/3/2026/05/Michael-and-Brian-Hirshfield-copy.jpg?quality=80&w=150https://commercialobserver.com/2026/05/sakebrooklyn-brewery-lease-society-brooklyn/Commercial Observeren2026-05-15T17:58:36+00:00SakeBrooklyn to Open 7K-SF Brewery at Property Markets Group’s Society BrooklynCushman & Wakefield, Property Markets Group, Kevin Maloney, Patrick O’Rourke, Igloo, Adam Joly, Society Brooklyn, 500 DeGraw Street, Dutch Fox, Leslie Fox, SakeBrooklynhttps://commercialobserver.com/wp-content/uploads/sites/3/2026/05/Adam-Joly-500-Degraw-St-BK-credit-Property-Markets-Group.jpg?quality=80&w=150https://commercialobserver.com/2026/05/forest-development-peter-baytarian-palm-bay/Commercial Observeren2026-05-15T17:35:02+00:00Forest Development’s Peter Baytarian: 5 QuestionsNautilus 220, 5 Questions, Peter Baytarian, Forest Developmenthttps://commercialobserver.com/wp-content/uploads/sites/3/2026/05/Peter-Baytarian-horizontal-credit-Forest-Development.jpg?quality=80&w=150https://commercialobserver.com/2026/05/hochul-proposed-pied-a-terre-tax-lawmakers/Commercial Observeren2026-05-15T16:28:50+00:00Hochul Pitches Lawmakers a Pied-à-Terre Tax on Homes Valued at $1M and UpVornado Realty Trust, Citadel, Ken Griffin, Kathy Hochul, Zohran Mamdani, Pied-à-terre taxhttps://commercialobserver.com/wp-content/uploads/sites/3/2026/05/55268781567_6cc07debae_o.jpg?quality=80&w=150https://commercialobserver.com/2026/05/nyc-employee-retirement-system-the-factory-lease-renewal/Commercial Observeren2026-05-15T16:09:32+00:00NYC Employee Retirement System Renews 35K SF at The Factory in LICAtlas Capital Group, Brian Waterman, Invesco Real Estate, Jordan Gosin, City University of New York, The Factory, 30-30 47th Avenue, Partners Group, Alex Rosenblum, Newmark, United Healthcare, Neustadt Gallery, Tosot, United Healthcare Group, New York City Employee Retirement System, MBRE Advisorshttps://commercialobserver.com/wp-content/uploads/sites/3/2026/05/Alex-Rosenblum__Jordan-Gosin_Brian-Waterman_The-Factory-copy.jpg?quality=80&w=150https://commercialobserver.com/2026/05/baker-mckenzie-lease-expansion-pbc-10-bryant-park/Commercial Observeren2026-05-15T15:57:11+00:00Law Firm Baker McKenzie Expands to 122K SF at 10 Bryant ParkSavills, 452 Fifth Avenue, David Goldstein, Paul Glickman, Amazon, HSBC, JLL, John Mambrino, Kristen Morgan, Eli Elefant, Kate Roush, Property & Building Corporation, 10 Bryant Park, Ben Bass, Baker McKenzie, Scott Brandmanhttps://commercialobserver.com/wp-content/uploads/sites/3/2026/05/10-Bryant-Park_Ben-Bass_Paul-Glickman-copy.jpg?quality=80&w=150https://commercialobserver.com/2026/05/core-spaces-secures-1-64b-fundraise-for-student-housing-development-investment/Commercial Observeren2026-05-15T13:16:38+00:00Core Spaces Secures $1.64B Fundraise for Student Housing Development, InvestmentDaniel Goldberg, Core Spaces, Marc Lifshin, John Wiekerhttps://commercialobserver.com/wp-content/uploads/sites/3/2026/05/Marc-Lifshin-students-on-campus-credit-Getty-Images.jpg?quality=80&w=150https://commercialobserver.com/2026/05/mamdani-housing-start-incentivizing-it/Commercial Observeren2026-05-15T12:59:22+00:00Mayor Mamdani: Stop Trying to Build Housing. Start Incentivizing It.Robert (Bob) Knakal, 421a, 485x, BK Real Estate Advisors, Zohran Mamdanihttps://commercialobserver.com/wp-content/uploads/sites/3/2026/02/Zohran-Mamdani-budget-presser-credit-Ed-Reed_Mayoral-Photography-Office_WEB.jpg?quality=80&w=150https://commercialobserver.com/2026/05/ubs-vornado-chelsea-manhattan-office-building/Commercial Observeren2026-05-14T22:23:49+00:00UBS Refis Chelsea Office Building With $161M LoanVornado Realty Trust, UBS, Adam Schwartz, Walker & Dunlop, Aaron Appel, Jonathan Schwartz, Aurora Capital Associates, Dustin Stolly, Keith Kurland, Starbucks, Sean Reimer, Michael Ianno, Jason Schwartzberg, Christopher de Raet, Yexthttps://commercialobserver.com/wp-content/uploads/sites/3/2026/05/61-Ninth-Ave_Steven-Roth-copy.jpg?quality=80&w=150https://commercialobserver.com/2026/05/chelsea-piers-fitness-lease-tavros-250-water-street/Commercial Observeren2026-05-14T20:18:21+00:00Chelsea Piers Fitness Pre-Leases 76K SF at Tavros’ 250 Water StreetDavid Tewksbury, 250 Water Street, Chelsea Piers Fitness, Colin Rankowitz, Tavros, Seaport Entertainment Group, Howard Hughes Holdings, Atlas Capitalhttps://commercialobserver.com/wp-content/uploads/sites/3/2026/05/250-Water-St_Colin-Rankowitz-copy.jpg?quality=80&w=150https://commercialobserver.com/2026/05/audible-difference-lease-brooklyn-army-terminal/Commercial Observeren2026-05-14T19:59:35+00:00Tech Services Firm Audible Difference Takes 47K SF at Brooklyn Army TerminalColliers, New York City Economic Development Corporation (NYCEDC), Brooklyn Army Terminal, Richard Novak, Zohran Mamdani, MADE Bush Terminal, Julie Su, Ryan Millevoi, Christopher Owens, Nigel Thomas, Erich Bechtel, Audible Difference, GoLocker, Otto Nemenz International, EcoLogin, Makelabhttps://commercialobserver.com/wp-content/uploads/sites/3/2026/05/Brooklyn-Army-Terminal_Mamdani_Jeanny-Pak-copy.jpg?quality=80&w=150https://commercialobserver.com/2026/05/former-wework-property-manhattan-valuation-doubles/Commercial Observeren2026-05-14T19:30:20+00:00Vacant Former WeWork Property Sees Valuation Double to $33MWeWork, Morningstar, David Winter, David Putro, Winter Propertieshttps://commercialobserver.com/wp-content/uploads/sites/3/2026/05/David-Winter-57-East-11th-St-credit-Propertyshark.jpg?quality=80&w=150https://commercialobserver.com/2026/05/philip-chong-soho-building-sale-21-howard/Commercial Observeren2026-05-14T18:26:25+00:00JV Snaps Up Philip Chong’s SoHo Office Building for $36M via Deed-in-LieuMeridian Capital Group, Shanghai Commercial Bank, Empire Capital Holdings, Jeremy Aidan, 261-267 Canal Street, Philip Chong, Chirag Doshi, Josh Rahmani, Carolwood, Ebi Khalili, Adam Rubin, Andrew Shanfeld, HCRE, Canon Howard RE Partners, Empire 261 Canal, Carolwood Howard, 1-21 Howard Aidan TC, Husein Jafferjee, 21-23 Howard Street, Andrew Rosenhttps://commercialobserver.com/wp-content/uploads/sites/3/2026/05/Ebi-Khalili-Josh-Rahmani-265-Canal-St-credit-Getty-Images.jpg?quality=80&w=150https://commercialobserver.com/2026/05/deviation-untold-studios-leases-greystone-75-spring-street/Commercial Observeren2026-05-14T18:06:43+00:00VC Firm, Ad Agency Lease Two Floors at Greystone’s 75 Spring StreetKen Fishel, Brandon Charnas, Adam Henick, 75 spring street, Thomas Mahl, Greystone, Current Real Estate Advisors, Rob Kluge, Deviation Capital, Two Sigma, Legacy Real Estatehttps://commercialobserver.com/wp-content/uploads/sites/3/2026/05/75-Spring_Brandon-Charnas_Rob-Kluge_Adam-Henick-copy.jpg?quality=80&w=150https://commercialobserver.com/2026/05/stephen-related-ross-west-palm-beach/Commercial Observeren2026-05-14T16:47:20+00:00Stephen Ross Pays $55M for Downtown West Palm Beach Dev Site to Build CondoStephen Ross, L&L Holding Company, 13th Floor Investments, Wexford Real Estate Investors, Related Rosshttps://commercialobserver.com/wp-content/uploads/sites/3/2026/05/Stephen-Ross-development-lot-464-Fern-St-West-Palm-credit-Google-Earth.jpg?quality=80&w=150https://commercialobserver.com/2026/05/avison-young-hires-christian-stanton-libby-hodes-nyc-retail-leasing/Commercial Observeren2026-05-14T16:27:57+00:00Avison Young Hires Christian Stanton, Libby Hodes to Lead NYC Retail LeasingRory Murphy, Avison Young, christian stanton, Alex Woodlief, Alvarez & Marsal Property Solutions, People Moves, Libby Hodeshttps://commercialobserver.com/wp-content/uploads/sites/3/2026/05/Libby-Hodes-Christian-Stantion-credit-Avison-Young.jpg?quality=80&w=150https://commercialobserver.com/2026/05/affinius-axonic-provide-43m-construction-loan-for-sarasota-multifamily-complex/Commercial Observeren2026-05-14T15:43:18+00:00Affinius, Axonic Provide $43M Construction Loan for Sarasota Multifamily ComplexEric Cohen, Axonic Capital, W.A. Spencer Morris, Affinius Capital, Allen Morris Companyhttps://commercialobserver.com/wp-content/uploads/sites/3/2026/05/Eric-Cohen-Bayside-North-Sarsota-rendering-credit-Allen-Morris.jpg?quality=80&w=150https://commercialobserver.com/2026/05/vornado-stellar-plans-976-residential-units-independence-plaza/Commercial Observeren2026-05-14T14:47:37+00:00Vornado, Stellar Finalize Plans to Add 976 Residential Units to Independence PlazaVornado Realty Trust, Stellar Management, Independence Plaza, New York City Department of City Planning, 80 North Moore Street, 40 Harrison Street, 310 Greenwich Streethttps://commercialobserver.com/wp-content/uploads/sites/3/2026/05/Steven-Roth-Matthew-Lembo-Ryan-Jackson-Indpendence-Plaza-credit-Kidfly182_cc-by-sa-4.0-via-Wikimedia-Commons.jpg?quality=80&w=150https://commercialobserver.com/2026/05/barings-78m-refi-asher-adams-salt-lake-city-luxury-hotel/Commercial Observeren2026-05-14T12:01:43+00:00Barings Provides $78M Refi for Salt Lake City Luxury HotelBarings, Asher Adams, J.B. Gerber, The Athens Group, Hatteras Skyhttps://commercialobserver.com/wp-content/uploads/sites/3/2026/05/JB-Gerber-Union-Pacific-Asher-Adams-SLC-credit-Getty-Images.jpg?quality=80&w=150https://commercialobserver.com/2026/05/big-shift-in-retail-space-as-institutional-capital-moves-into-laundromats/Commercial Observeren2026-05-14T04:00:00+00:00Big Shift In Retail Space As Institutional Capital Moves Into LaundromatsSponsored, sponsored-link, Retail, LRE Advisors, The Wash Laundry Companyhttps://commercialobserver.com/wp-content/uploads/sites/3/2026/05/LRE-Featured-image.png?w=150