Retail
Echo boomers have retailers thinking out of the box
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Markets near UPS or FedEx hubs will attract major distribution centers. The growth of e-commerce combined with the consumption habits of echo boomers —
Deals & Dealmakers
Vicki Been to replace Alicia Glenn as Deputy Mayor of housing
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Mayor Bill de Blasio announced Vicki Been will serve as the new Deputy Mayor for Housing and Economic Development. Been is a nationally recognized expert
Deals & Dealmakers
New York Life Real Estate Investors inks $120M deal
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New York Life Real Estate Investors announced the financing of Port Chester Shopping Center, a 507,000 s/f shopping center, anchored by Whole Foods and
Deals & Dealmakers
REBNY throws support behind new office to protect vulnerable tenants
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Mayor Bill de Blasio announced the creation of the Mayor’s Office to Protect Tenants during his State of the City address on January 10.
Deals & Dealmakers
About time! Steinway unloads 57th hall for $46 million
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New York’s Steinway Hall By Orlando Lee Rodriguez Finally releasing what analysts had described as a “cash drag”, Steinway Musical Instruments, Inc.
Deals & Dealmakers
Report: Construction wages highest in a decade
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New York City construction industry employment rose for the fifth consecutive year in 2016, surpassing 140,000 for the first time in at least four decades
Deals & Dealmakers
Large deals lift Manhattan office market to strongest quarter this year
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Lease deals over 100,000 s/f propelled Manhattan’s office market to its strongest quarter this year. According to Cushman & Wakefield’s latest office
Construction & Design
Diaz champions Bronx waterfront, sees west side development potential
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Bronx borough president Ruben Diaz is championing the Bronx as a corridor of new waterfront development not unlike the Hudson Yards. Speaking at the October
Featured
City brokers adapting to co-living sector
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Brokers are like plumbers, they’re only as good as the tools in their toolbelts and co-living is quickly becoming an all-purpose patch kit.
Featured
NoMad condo earns star among World’s Most Famous neighbors
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By Orlando Lee Rodriguez In the mid-1800s as New York City grew northward, each new frontier neighborhood was soon followed by a surge of wealthy families
Deals & Dealmakers
LEASES: ABS lands engineering tenant, Thor leases to Danish firm
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Alison Miller ABS Partners Real Estate secured 4,550 s/f of move-in ready office space on the second floor at 333 West 39th Street for Matrix New World Engineering.
Debt & Equity
RedSky secures $221M bridge loan for Williamsburg retail
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JLL’s Capital Markets team has arranged a $221.8 million bridge loan through J.P. Morgan Chase to finance a portfolio of retail properties in Williamsburg.