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
CBRE arranges $53M loan for Connecticut multifamily properties
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CBRE’s Debt & Structured Finance (DSF) team procured a $53.5 million loan for two Class A multifamily properties in Norwalk, Conn.
Deals & Dealmakers
WHO’S NEWS: Avison Young adds two new sales persons
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The Tri-State Investment Sales Group for Avison Young, led by James Nelson, Principal and Head of Tri-State Investment Sales, announced that the firm
Deals & Dealmakers
ESB fintech tenant expands to 35,000 s/f
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Empire State Realty Trust announced that iCapital Network Inc., a financial technology platform providing access to alternative investments, which currently
Deals & Dealmakers
LEASES: Atco welcomes Diptyque; Savitt signs 23,000 s/f in Garment District deals
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NEW YORK CHRISTEL ENGEL ATCO Properties & Management announced that Paris-based luxury goods company Diptyque will relocate its North American headquarters
Deals & Dealmakers
Twitter renews 215,000 s/f lease in Chelsea
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Columbia Property Trust signed a five-year extension of its lease to Twitter for all of the office space at 249 West 17th Street, a boutique Class-A office
Deals & Dealmakers
SELLING POINTS: Cushman & Wakefield Bank site offers development opportunity
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Cushman & Wakefield has been retained to market for sale 22 Grace Avenue, a 7,200 s/f building on a 38,544 s/f lot in Great Neck on Long Island.
Deals & Dealmakers
EmblemHealth renews 440,000 s/f lease at 55 Water Street
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EmblemHealth, one of the nation’s largest non-profit health insurers, has renewed its 440,000 s/f for 15 years at 55 Water Street, the Lower Manhattan
Deals & Dealmakers
Rent the Runway leases 83,000 s/f in DUMBO
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Rent the Runway, an online service that provides designer dress and accessory rentals, signed an 83,051-square-foot lease at 10 Jay Street in Brooklyn, N.
Deals & Dealmakers
Foreign investors up industrial investment
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Foreign investors made $14.4 billion worth of U.S. industrial real estate acquisitions in 2018, up 152% year-over-year due to several large entity-level
Deals & Dealmakers
Cuomo hails Netflix deal to create NYC production hub
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Governor Andrew M. Cuomo announced that Netflix, the world’s leading internet entertainment service, will expand its presence in New York with a production
Deals & Dealmakers
SELLING POINTS: Apartment portfolio trades for $75M; Icon sells multifamily in Williamsburg
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● GEBROE-HAMMER ASSOCIATES NJ apartment portfolio trades for $75M New Jersey apartment developer and manager Madison Hill Properties has sold a 487-unit