Construction & Design
SWAP SHOP: Investors mull retail to industrial conversion
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As online shopping continues to cut into traditional retail, some desperate shopping centers are also contemplating a switch to ecommerce.
Construction & Design
Proposed zoning targets 21st century jobs in industrial North Brooklyn
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The de Blasio Administration wants to open North Brooklyn for business. Zoning changes may soon be coming to the borough’s industrial northwest corner
Deals & Dealmakers
NJ developer buys Newsday headquarters for $54M, plans logistics hub
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A New Jersey real estate company has purchased the Newsday’s Long Island headquarters for $54.5 million. Hartz Mountain bought the 48.3-acre site in Melville
Deals & Dealmakers
Selling Points: JV sells LI office building, Kinsmen buys on Bowery
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● CBRE JV offloans Long Island office building for $69M CBRE announced that Jeffrey Dunne, Steven Bardsley and Travis Langer of CBRE’s Institutional Properties
Deals & Dealmakers
Report: Industrial market in NJ continues hot streak in Q2
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The New Jersey market continued to exhibit tremendous strength with leasing velocity of 5.9 million sq. ft., a 23.2 percent increase year-over-year according
Deals & Dealmakers
Investcorp buys $300M ʻlast mileʼ warehouse portfolio
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Investcorp, a provider and manager of alternative investment products, announced that its New York-based real estate team recently acquired its largest U.
Construction & Design
City construction appears to be nearing ‘plateau’
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During the first half of 2018, five of the top ten metropolitan markets for commercial and multifamily construction starts ranked by dollar volume showed
Construction & Design
Partners prepare to reactivate terminal
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Red Hook Terminals, a terminal, operator, stevedore and Cross Harbor Barge Operator, joined federal, state and local elected officials, as well as representatives
Deals & Dealmakers
Rubenstein Properties sells $197M industrial portfolio
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New Jersey-based Rubenstein Properties has sold a five million s/f portfolio of industrial and warehouse space for $197 million. The properties span New
Deals & Dealmakers
Ecommerce company leases 500,000 sf warehouse in New Jeresy
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A rising ecommerce startup has leased half-a-million square feet of distribution center space next to State Island to from the largest industrial REIT
Deals & Dealmakers
Industrial vacancy hits all-time low as technology, consumers change
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Industrial vacancy has reached an all-time low as changes in technology, supply chains and consumer habits continue to drive leasing demand for properties.
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Leasing spree for Brooklyn Navy Yard in 2018
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A strong economy, bolstered by tax cuts and other pro-business policy shifts, gave a helping hand to real estate throughout the city. The Brooklyn Navy Yard