New York

  • Madison International Buys NYC Retail Portfolio for $1B

    The company, which already owns a 49 percent stake in the properties, is acquiring the remaining 51 percent interest from Forest City Realty Trust.

    22 September 2017 10:17
  • Monday Properties Hires New SVP

    Wes Machowsky is the firm’s newest senior vice president of acquisitions, bringing vast real estate capital markets and leasing experience to the position.

    20 September 2017 16:07
  • GTJ REIT Snags FedEx-Leased NY Facility

    The 43-acre, 248,370-square-foot property, located in a major logistics hub, is leased and occupied by FedEx Ground for a 10-year term.

    19 September 2017 16:41
  • Fitch: More U.S. Lodging Consolidation Is Expected

    The growing power of industry leaders will drive more lodging consolidation, with Hyatt and La Quinta as desirable targets, per the rating agency’s most recent report on hospitality. Such growth strategies are also a way to balance the competitive environment disrupted by alternative accommodation operators.

    19 September 2017 16:40
  • NJ Shopping Center Changes Hands

    The Hampshire Cos. sold Towne Shopping Center, a retail center anchored by ShopRite. The firm acquired the property in 2012, increasing its net operating income by creating a stabilized tenant roster.

    19 September 2017 13:47
  • Colliers Appoints New Senior Managing Director

    With nearly three decades of real estate experience, Thomas Shirock will focus on strengthening the New York Tri-State Consulting Group's business lines.

    18 September 2017 14:00
  • Times Square Office Tower Gets 2 New Tenants

    Knotel and Poke Signature will occupy office and retail space, respectively, at the 20-story 9 Times Square, which was recently repositioned by owner American Realty Capital New York City REIT.

    18 September 2017 13:53
  • SL Green, RXR to Buy Stake in NYC’s Worldwide Plaza

    The joint venture will become co-owner of the 2 million-square-foot mixed-use property with the acquisition of a 48.7 percent interest from New York REIT. The deal values the trophy asset at more than $1.7 billion.

    18 September 2017 09:33
  • New York—A Matter of Life and Science

    New York received its invitation to join the biotech cluster club – the guest list also includes San Francisco, Boston and San Diego. However, Transwestern’s newest report reveals if the city has what it takes to be a full-time member.

    15 September 2017 14:27
  • Levin to Manage 2 NJ Shopping Centers

    Levin Management Corp. will manage the Mill Creek at Harmon Meadow in Secaucus and the Flemington Marketplace in Flemington. The two shopping centers total some 550,000 square feet combined.

    15 September 2017 14:14
  • Monday Properties Taps New SVP

    Former Gramercy Property Trust Senior Vice President Evan Dreilinger will bring more than 18 years of varied real estate experience to the company.

    15 September 2017 14:06
  • Pennrose Secures $171M for NJ Arts Center

    The funds ensure the firm's continued public-private partnership development of the 450,000-square-foot New Brunswick Performing Arts Center, which will feature mixed-income apartments, office space, and two theater venues.

    14 September 2017 11:32
  • Anchor Health Acquires $23M MOB

    The company purchased the 71,401-square-foot Cross Street Medical Center in Norwalk, Conn. Newmark Knight Frank represented the seller, Marcus Partners, in the transaction.

    13 September 2017 14:20
  • Kaufman Expands Midtown Manhattan Portfolio

    The firm acquired an 80,000-square-foot office building through a 99-year ground lease, with plans to complete a multimillion-dollar renovation.

    13 September 2017 14:07
  • JV Secures $73M for NYC Redevelopment

    APF Properties and Drake Street Partners tapped CBRE to arrange acquisition and redevelopment financing for 163 Varick St. in Manhattan.

    13 September 2017 13:42