Featured
Council okays plan to track vacant stores
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Mayor Bill de Blasio is expected to sign new legislation that will track retail vacancies and monitor leases and rents as the city moves to protect “mom-and-pop” stores.
Deals & Dealmakers
Real estateʼs black leaders inspire change during diversity conference
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One of the city’s biggest commercial real estate diversity events drew over 600 professionals to Columbia University last week to hear from an A-list
Deals & Dealmakers
Online returns create big business for secondary market in reverse logistics
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Anyone that knows the name “Amazon” knows that ordering goods online is big business. What they might not know is that returning those goods, whether they’re
Retail
SK Development selling LIC retail
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JLL Capital Markets has been selected by SK Development to market 14,732 square feet of flagship retail located at the base of the Dieguez Fridman-designed
Construction & Design
Hudson, Gilbane start turning jail into home
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Rendering of the 700-unit Peninsula affordable housing development. Work is set to start on transforming the site of a former Bronx jail into a 700-unit
Residential
Luxury sales continue their decline north of NYC
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The number of luxury homes sold north of New York City has continued to decline, as the consequences of tax reform, a soft NYC market and a generational
Residential
HAVE YOU HEARD? Sopranos house for sale
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The home of the late legendary New York press agent Merle Debuskey has been sold. The Friedman Rosenthal team at Halstead brokered the sale of unit 19D
Deals & Dealmakers
WHOʼS NEWS: American International Group, Inc. announced that James “Jamie” Love will join the company as Global Head of Real Estate.
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American International Group, Inc. announced that James “Jamie” Love will join the company as Global Head of Real Estate. Love will be based
Deals & Dealmakers
Two firms make smart move to 55 Broad Street
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The Rudin Family announced that two tenants have signed new leases totaling 16,247 s/f at 55 Broad Street, its 30-story, 425,000 s/f office tower in Lower Manhattan.
Featured
Foreign buyers bid adieu to US homes market
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Home purchases by international buyers have dropped by over one third since last year, according to an annual survey released by the National Association of Realtors.
Deals & Dealmakers
Milvado closes quarter with 93,000 s/f in lease deals
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Long Island owner enjoys productive few months Milvado Property Group ended the second quarter of 2019 by signing 13 new, renewal and extension leases
Deals & Dealmakers
Asian market joins American Dream team
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American Dream announced H Mart, the upscale Asian-American market and eatery, will open at the property this year. Offering guests a selection of traditional