Residential
iBuyers dangling cash in more US home markets
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iBuyers — companies that buy homes in cash directly from the owner — are expanding at breakneck speeds. According to Todd Teta, CTO at ATTOM Data Solutions
Retail
Gourmet market chooses Village for fifth outpost
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Lee & Associates NYC have negotiated a 8,200 s/f lease at 378 Sixth Avenue, between Waverly Place and West Eighth Street, for Greenwich Gourmet Market.
Retail
As rents take a nose-dive retailers start to get serious about leases
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In spring 2019, average asking rents for available ground floor retail spaces decreased year-over-year in 12 of the 17 Manhattan corridors analyzed by
Retail
Republic Bank takes Union Square corner
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RFR announced that Republic First Bancorp signed a 15-year retail lease at 90 Fifth Avenue. The lease agreement totals 7,748 s/f, including 3,920 s/f on
Residential
HAVE YOU HEARD? Upstate offering more castle than cabin
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A newly listed home in upstate Tuxedo Park is being offered for $2,375,000 by Ellis Sotheby’s International Realty. The 6.8-acre gated glass house (pictured
Retail
Hungry New Yorkers forking over thousands to eat out in the city
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New Yorkers spend $8,082 per year on food outside the home (including take-out), according to a new report from CBRE. This is 130 percent percent more
Deals & Dealmakers
Kaufman refinances fully occupied Madison Square Portfolio
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The Kaufman Organization has refinanced its Madison Square Portfolio with a $120 million loan from Capital One. Michael Kazmierski, principal and director
Residential
DONE DEALS: Roundup of this week’s residential sales
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CAROLINA GONTIJO Townhouses in Queens are in demand like never before, according to Citi Habitats agent Carolina Gontijo. She just sold a three bedroom
Retail
Luxury retailers headed in new direction
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By Bradley A. Kaufman, Esq., Pryor Cashman LLP Luxury retailers are following a new roadmap as the Manhattan landscape continues to evolve.
REBNY Watch
Declining Manhattan retail rents starting to attract interest
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As retail rents in Manhattan continue to self-correct, REBNY’s bi-annual Manhattan Retail Report found a positive increase in deal-making between property
Deals & Dealmakers
Counselors launch their own company
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CRE Counselors Bill Kinn and Casey Kemper have announced the launch of their new consulting partnership, K4 Real Estate Group. BILL KINN The new venture
Retail
Paper or plastic? Not at Brookfield shopping centers
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Shoppers will be able to pick up new products and return empty containers at designated places throughout Brookfield Place Brookfield Properties announced