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Freshly takes 92,000 s/f at 63 Madison
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George Comfort & Sons, Inc., and its partners, Jamestown and Loeb Partners Realty, announced that Freshly has signed a 92,306 s/f long-term office
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Fairstead to rehab 900 affordable homes with $310M in HUD loans
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414 West 48th Street in Manhattan’s Midtown West Fairstead, a real estate firm committed to the preservation of high quality housing, announced the
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ON THE SCENE: A&G Realty to manage sale, lease of Chelsea store; TEI buys former firearms facility
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AGENTS A&G Realty Partners has been retained by Gracious Home to manage the sale of the lease for its 17,000 s/f store in Chelsea, following the retailer’s
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MKF buys Related’s One Union Square for $211M
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MKF Realty (MKF) has closed on the purchase of One Union Square South from Related Companies for $211 million, the company announced. MKF is retaining
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Newmark brokers 10,000 s/f lease for Workshop School at Bond Bakery Clock Tower
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Newmark announced a 10,000 s/f retail lease of ground-floor space for the historic Bond Bakery Clock Tower building lat 495 Flatbush Avenue in Brooklyn
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Pacific Urban acquires luxury NJ community for $84M
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CBRE announced the sale of Gaslight Commons, a 200-home luxury apartment community located in South Orange, New Jersey.  The CBRE team of Jeffrey Dunne
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Desperate landlords pitch radical homeless housing plan
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New York’s regulated apartment landlords are proposing a radical new plan to help house the city’s homeless while filling a $3.85 billion hole in their bottom line.
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ACRES funds $32M student housing construction loan
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ACRES Capital Corp. has originated a $32.5 million loan to fund the construction and stabilization of Auden Buffalo, a student-housing building located
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Investcorp acquires $330M suburban multifamily portfolio
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New York-based investment company, Investcorp, has acquired a portfolio of five, 96 percent occupied multifamily residential properties comprising 1,854
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Guggenheim commits $600M to new e-commerce venture with ElmTree
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Guggenheim Investments has committed $600 million to a new fund with private equity partner ElmTree Funds focused on investing in industrial e-commerce
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Koreans make $350M loan on luxury Centrale condo
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Seoul-based conglomerate Meritz has made its first foray in the the New York City apartment market with a $350 million loan on Ceruzzi Property’
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34,000 s/f office renewals a sign of post-COVID confidence, says owner
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CBRE announced it has completed two large lease renewals at Continental Plaza in Hackensack, New Jersey, in what the property owner calls a sign of confidence