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Building energy grades law takes effect
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The city’s new Local Law 95, which mandates energy letter grades be posted in buildings over 25,000 s/f, is now in effect. Under the law, owners must display
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JLL, Rockpoint take capital markets into the cloud with Dealpath
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JLL is taking its investment sales pipeline into the cloud with the online deal management platform, Dealpath. The two companies have created what they
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Renaissance hosts broker party as industry adjusts to COVID
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Renaissance Properties drew a masked crowd to the unveiling of its recently renovated historic commercial space, 632 Broadway, also known as 166 Crosby
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Manhattan investment sales hit lowest in decade
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 Manhattan investment sales continued to suffer the consequences of COVID-19 in the third quarter with 21 transactions, the lowest number of sales
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Ignacio Mattos to open new Rock Center restaurant
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South American super-chef Ignacio Mattos is set to open a new restaurant at 1 Rockefeller Plaza. Tishman Speyer – which owns the building – announced this
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Jonathan Rose raises $525M from ‘impact investors’
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Affordable housing developer Jonathan Rose Companies has closed on a $525 million impact acquisition fund with investors focused on climate change, poverty
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Related secures bond financing for affordable housing upgrades
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The Related Companies has secured $27.5 million in tax-exempt bond financing to renovate Ebony Gardens, a multi-family complex in Mount Vernon.  
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Davis Companies on hunt for opportunity with $777M fund
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The Davis Companies announced the closing of its latest value-add real estate fund, Davis Investment Ventures Fund IV, LP (DIV IV), with total equity commitments of US $777.
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ABS signs 28,000 s/f in deals at Broadway Crossing
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ABS Partners Real Estate has signed a trio of leases at its recently renovated 5500 Broadway in the Bronx. Healthcare companies SOMOS Community Care and
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ON THE SCENE: This week’s middle market sales, exclusives
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SALES JOSE CRUZ JLL Capital Markets announced the following sales: • Tops Plaza, a 133,849 s/f retail center anchored by Tops grocery store in Cortland, New York.
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Morgan Properties closes $323M multifamily acquisition
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PA-based Morgan Properties has closed on the $323 million acquisition of a portfolio of multifamily communities across the Carolinas. The nation’
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Nelson Management pays $15.6M for Astoria apartment building
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Global One Real Estate Fund II, through its management arm, Nelson Management Group, has acquired a six-story residential building at 25-98 36th Street