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NJ Transit adds 11,000 s/f to Hoboken office footprint
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National Realty & Development Corp. (NRDC) announced that NJ TRANSIT Corp. has leased the entire second floor at its 95,000 s/f Baker Waterfront Plaza
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ON THE SCENE: Roundup of middle market sales, exclusives
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SALES JLL Northeast Industrial Markets announced the sale of 95 Fulton Street in Boonton, NJ, on behalf of Erasteel, Inc. The 55,000 s/f property was purchased by J.
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New plan to create more open space in Union Square
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The Union Square Partnership has unveiled a new Vision Plan for the Union Square-14th Street District that will result in a 33 percent increase in public space.
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New food hall coming to 100 Pearl Street
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Food hall and marketplace curator Urbanspace announced the signing of a 14,722 s/f lease at 100 Pearl Street in the Financial District of Manhattan.
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Parkview funds $12M construction loan
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Parkview Financial has provided a $12.5 million construction loan to an affiliate of Irvington, New Jersey-based KW Contracting Construction Corp.
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JLL brokers 18,000 s/f in trio of leases at 330 Madison
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JLL has completed three leases totaling 18,358 square feet of space at 330 Madison Avenue on behalf of MEAG, the asset management arm of building owner
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Regional Plan Association names leaders of NYCHA task force
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Miriam Peterson and Nathan Rich will focus on design solutions to help the NYCHA and its residents. Regional Plan Association (RPA) announced that Miriam
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Pretium, Ares close on $2.4B acquisition of single family rental firm, Front Yard
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Pretium, an alternative investment management firm, and funds managed by Ares Management, have closed on their $2.4 billion acquisition of Front Yard Residential
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ON THE SCENE: This week’s middle market sales, exclusives
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JOSEPH ROSENFELD SALES Schuckman Realty announced the sale of a 3,640 s/f mixed-use building, consisting of two residential apartments above 1,800 s/f
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Camber JV tops out affordable Bronx development
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Camber Property Group (CPG) and Westhab have topped out 913 East Tremont Avenue, a 100 percent affordable rental development in the West Farms section of The Bronx.
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Survey finds rent-regulated tenants owe $1.1B in arrears
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Between 175,000 and 185,000 rent-regulated tenants are more than two months in arrears, according to a new survey by the Community Housing Improvement
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As one Shake Shack closes, 100 more open
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Shake Shack Inc., the burger chain founded by Danny Meyer in a Madison Square Park hut in 2001, has announced an aggressive expansion, planning to open