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ON THE SCENE: Latest middle market sales, exclusives
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SALES The McSam Hotel Group has sold a 7,000 s/f, three-story building at 152 West 24th Street between Sixth and Seventh Avenues (pictured top) for $7.
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Discount supermarket acquires former Toys R Us on Long Island
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Discount supermarket chain Lidl has acquired a former Long Island Toys R Us store as it continues its push to open 50 new stores by the end of this year.
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Amazon unveils helix at heart of HQ2 campus
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Global architecture, planning and design firm, NBBJ has released renderings for the second phase of Amazon’s new $2.5 billion HQ2 in Arlington, VA.
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Quinlan welcomes music co. to Pioneer Building
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Music accessories manufacturer J. D’Addario & Company  has signed a 10-year lease for 3,650 s/f of prebuilt office space at the Pioneer Building, the mixed-use
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Fisher Brothers signs 120,000 s/f lease at Park Ave. Plaza
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Fisher Brothers announced that Jennison Associates, an asset management firm with over $224 billion in assets under management, has signed a 15-year, 120,809
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Brause welcomes trio of new tenants to 320 Fifth
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Brause Realty has welcomed a trio of new tenants to 320 Fifth Avenue. Home textiles giant, Ramallah Trading Co., has signed an 11-year lease for 10,150
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Harbor Group acquires $309M multifamily portfolio
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Harbor Group International (HGI) has acquired an eight-property multifamily portfolio for a JV of McDowell Properties and Angelo Gordon for $309 million.
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DOB bans building permits for bad landlords
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A new Department of Buildings regulation blocks owners of residential buildings considered “hazardous” from obtaining new construction permits.
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New York City getting back to work
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New York City is getting back to work after a 12-month pause that brought building work on 1,700 city projects on hold. Mayor Bill de Blasio announced
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San Francisco office tower trades for $1.08B
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Kilroy Realty Corporation today said it has signed an agreement to sell The Exchange on 16th, the company’s 750,000 s/f office property at 1800 Owens Street
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$2.3B sale of 11 Madison Ave. one for history books
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11 Madison Avenue SL Green Realty Corp. confirmed today that it will buy 11 Madison Avenue for a blockbuster $2.285 billion. The city’
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New CEO takes reins at Mack-Cali
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Mack-Cali Realty Corporation has named Mahbod Nia chief executive officer. Nia, who has served as a director of Mack-Cali since June 2020, will succeed