Construction & Design
Report: Most new apartments concentrated in Brooklyn, Queens
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Queens or Brooklyn are braced for a rush of new apartment units as developers target the two boroughs over the others. According to a new report from Localize.
Debt & Equity
Pension funds in multi-billion dollar logistics play
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Two of Canada’s biggest pension funds announced a joint investment in Atlanta-based warehouse developer IDI Logistics. Ivanhoe Cambridge Inc.
Featured
Westchester apartment sales trend up as house-hunters hibernate
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A recent round of housing market reports focused on Westchester County shows that while single-family homes struggle to find a rhythm, the apartment market
Deals & Dealmakers
Boston Properties signs 300,000 s/f lease at 399 Park Avenue
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Boston Properties announced that it has signed a long-term lease for more than 300,000 sf with Millennium Management at its 399 Park Avenue property.
Deals & Dealmakers
Stakeholders see plenty of upside in Garment District rezoning
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Still bogged down with a lengthy rezoning process in the Garment District, the city has picked up new zoning projects in SoHo and NoHo. The Garment District
Featured
How Amazon HQ2 Will Affect Long Island City
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By James Nelson Principal, Head of Tri-State Investment Sales Avison Young This month for The Nelson Report I wanted to explore the implications of the
Deals & Dealmakers
Knotel powering into New Year with 80,000 s/f in deals
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Knotel, the agile workspace provider, has finalized new office space deals totaling 78,780 s/f in Manhattan. In the largest transaction, Knotel agreed
Featured
Out of Reach: Millennials face difficult road to home ownership
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Younger families are finding it increasingly difficult to turn their American Dreams into realities. During the past decade, the number of families with
Deals & Dealmakers
Boom and gloom in market reports: Brooklyn is up, Manhattan rents are down
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This week’s collection of market reports show contrasting fortunes for different segments of the city’s real estate market. The positive news is that Brooklyn
Residential
HAVE YOU HEARD: Billionaire money manager closes on $60.8M apartment purchase; Investor flipping Trump’s childhood home
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BILLIONAIRE money manager Lew Sanders closed on the biggest New York apartment sale of December. His $60.8 million purchase of #88 at 432 Park is the second
Debt & Equity
G.S. Wilcox closes on $24M mortgage for AL, NC hotels
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G.S. Wilcox & Co. announced that Gretchen S. Wilcox, president, and Al Raymond, principal, have arranged a $24,000,000 first mortgage for three hotels
Residential
Have You Heard? Meryl Streep’s penthouse hits market, Serhant lists BK condo
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One of the most expensive penthouses to hit the Brooklyn market has just been listed at $7.715 million by Ryan Serhant of NestSeekers. The author and celebrity