Articles by Akiko Matsuda

Carmel Partners CEO Ron Zeff (JLL)

Carmel Partners sells Norwalk apartment complex valued at $157M

Developer Carmel Partners, which has been in hot water over its potential involvement in the corruption case of Los...

Carmel Partners sells Norwalk apartment complex valued at $157M
Knotel CEO Amol Sarva and Sprinklr CEO Ragy Thomas with 29 West 35th Street (Sarva via Sasha Maslov; Getty; Google Maps)

Manhattan landlords sue Knotel, Sprinklr for missing rent

The landlords of a 95,000-square-foot office building near Herald Square filed lawsuits against two of their major tenants, alleging...

Manhattan landlords sue Knotel, Sprinklr for missing rent
HelloFresh’s NYC HQ (Courtesy of Industry City, HelloFresh by Eric Laignel)

HelloFresh inks Industry City deal for content studio

HelloFresh is trading Chelsea for Industry City. The meal kit delivery company has signed a 10-year lease at the...

HelloFresh inks Industry City deal for content studio
A rendering of the Climate Solutions Center with Trust for Governors Island CEO Clare Newman and Mayor de Blasio (Rendering via WXY architecture + urban design/bloomimages; Governor's Island; Getty)

Going green: Governors Island could soon house climate center

Governors Island could become a major hub for the city’s efforts to fight climate change under a proposal for...

Going green: Governors Island could soon house climate center
The Real Deal founder and publisher Amir Korangy and Massey Knakal founder Bob Knakal

JLL’s Bob Knakal on the future of New York

While most New Yorkers hunkered down when the city went into lockdown, Bob Knakal did something different. The veteran...

JLL’s Bob Knakal on the future of New York
Greystone Development CEO Thomas Ryan and an image of the project (Courtesy of James Hooker, Greystone)

Greystone eyes $40M-plus for Park Slope luxury apartments

Greystone Development is looking to get north of $40 million for its new luxury rental apartment building in Park...

Greystone eyes $40M-plus for Park Slope luxury apartments
Flywheel Sports President Travis Frenzel (LinkedIn; Getty)

Flywheel Sports files for liquidation bankruptcy

Flywheel Sports and its affiliates have filed for bankruptcy, joining a list of fitness studio operators crushed by the...

Flywheel Sports files for liquidation bankruptcy
Courtyard by Marriott in Herald Square and Marriott CEO Arne Sorenson (Google Maps, Getty)

Courtyard by Marriott in Herald Square to close permanently

The wave of closures hitting New York City hotels has claimed another victim: Herald Square’s Courtyard by Marriott. The...

Courtyard by Marriott in Herald Square to close permanently
Traub Capital's Brian Crosby and 27-11 49th Avenue in Long Island City (Images via Traub and Google Maps)

Traub Capital pays $75M for LIC cosmetics plant

Traub Capital paid $75 million for a manufacturing plant in Long Island City, part of the private equity firm’s...

Traub Capital pays $75M for LIC cosmetics plant
Kyle Bragg and Eric Benaim

Backers of big Queens megaprojects say city needs the jobs, homes

For Eric Benaim, losing Amazon still hurts. It’s been 19 months since the tech giant canceled plans for a...

Backers of big Queens megaprojects say city needs the jobs, homes
A rendering of the project in Brooklyn and Edward Minskoff (Marvel Architects; Getty)

Minskoff proposes 220K sf commercial building in Dumbo

Edward J. Minskoff Equities is proposing a 220,000-square-foot commercial building in Dumbo on a site that was rezoned to...

Minskoff proposes 220K sf commercial building in Dumbo
410 Tenth Avenue with SL Green’s Andrew Mathias and Marc Holliday (Google Maps; SL Green)

SL Green gets $600M construction loan for 410 Tenth Avenue

SL Green Realty is replacing one big construction loan with another at its Far West Side office redevelopment. The...

SL Green gets $600M construction loan for 410 Tenth Avenue
Manhattan office real estate market is getting hit by subleasing (iStock)

Spike in Manhattan’s office sublease explained

When Zillow Group recently reduced its StreetEasy office space in NoMad by 80 percent, it was no outlier. A...

Spike in Manhattan’s office sublease explained
Mark Zukerberg and Jeff Blau (Getty, iStock)

Nearly 70% of CEOs expect to downsize offices: KPMG

The pandemic has drastically changed the way CEOs around the globe see the future of work. More than two-thirds...

Nearly 70% of CEOs expect to downsize offices: KPMG
Facebook’s Mark Zuckerberg and Zillow’s Rich Barton (Getty)

Got space? Manhattan office availability hits 7-year high

Manhattan’s office real estate market weakened in August as leasing volume was down 21 percent from a year ago...

Got space? Manhattan office availability hits 7-year high
Ashkenazy Acquisition's Ben Ashkenazy and Daniel Levy with 115 Seventh Avenue (Google Maps, LinkedIn)

Original Barneys building in Chelsea faces foreclosure

The original Barneys New York department store building in Chelsea is on the verge of foreclosure. A limited liability...

Original Barneys building in Chelsea faces foreclosure
James Whelan, Bill Rudin and Scott Rechler (Getty)

MTA crisis could be catastrophic for New York real estate

As goes New York’s transit system, so goes its real estate. And the system is on the brink of...

MTA crisis could be catastrophic for New York real estate
HFZ Capital chairman Ziel Feldman and the XI sales gallery at 25-27 Little West 12th Street (Photos via Owen Hoffmann/Patrick McMullan via Getty Images; Craig Barritt/Getty Images for XI Gallery)

HFZ extends XI sales gallery lease, ending lawsuit

Ziel Feldman and his firm, HFZ Capital, settled a dispute involving the sales gallery for its XI condominium project...

HFZ extends XI sales gallery lease, ending lawsuit
HFZ Capital chairman Ziel Feldman and the XI sales gallery at 25-27 Little West 12th Street (Photos via Monica Schipper/Getty Images for The Bryant; Craig Barritt/Getty Images for XI Gallery)

HFZ sued for not vacating XI sales gallery and stiffing NY Times

UPDATED Aug. 26, 2020, 7:25 pm: Ziel Feldman and his firm, HFZ Capital, are being sued for not vacating...

HFZ sued for not vacating XI sales gallery and stiffing NY Times
Gov. Andrew Cuomo (Getty)

NY Fashion Week gets go-ahead with (very) strict limits

 Don’t even try getting into a runway show at this year’s New York Fashion Week. The annual event will...

NY Fashion Week gets go-ahead with (very) strict limits
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