Articles by Christian Bautista

Clockwise from top: Gary Barnett, Aby Rosen, Michael Stern, Jeff Blau, Ziel Feldman and Robert Gladstone (Illustration by Nazario Graziano)

Sizing up Manhattan’s condo crunch following a decade of boom and bust

It was set to be the tallest condo tower in Lower Manhattan, capped with a ring of golden bands...

Sizing up Manhattan’s condo crunch following a decade of boom and bust
Clockwise from top: Gary Barnett, Aby Rosen, Michael Stern, Jeff Blau, Ziel Feldman and Robert Gladstone (Illustration by Nazario Graziano)

Sizing up Manhattan’s condo crunch following a decade of boom and bust

It was set to be the tallest condo tower in Lower Manhattan, capped with a ring of golden bands...

Sizing up Manhattan’s condo crunch following a decade of boom and bust
Jonathan Litt, Land & Buildings

REIT industry is getting an overdue makeover, courtesy of activist investors

Simon Property Group’s $3.6 billion purchase of rival mall owner Taubman Centers in February may seem like just another...

REIT industry is getting an overdue makeover, courtesy of activist investors
Mondo condos: Manhattan’s four biggest projects of this cycle

Mondo condos: Manhattan’s four biggest projects of this cycle

The Real Deal broke down the sales data on the largest condominium projects of the current cycle by how...

Mondo condos: Manhattan’s four biggest projects of this cycle
71-75 North 7th Street in Williamsburg and The Wing CEO Audrey Gelman (Credit: Getty Images)

The Wing to open at Largo’s 71-75 North 7th in Williamsburg

UPDATED, July 9, 12:27 p.m.: Women-focused co-working space The Wing is opening its second location in Brooklyn, signing on...

The Wing to open at Largo’s 71-75 North 7th in Williamsburg
15 East 63rd Street and Oleg Cassini (Credit: Google Maps and Getty Images)

Oleg Cassini’s former UES headquarters faces foreclosure

UPDATED, June 21, 12:30 p.m.: An Upper East Side townhouse that was once house the headquarters of the late...

Oleg Cassini’s former UES headquarters faces foreclosure
“If you love your children, leave the building”: Simon Baron accused of harassing tenant over $3.5M buyout

“If you love your children, leave the building”: Simon Baron accused of harassing tenant over $3.5M buyout

Simon Baron Development, a prominent New York landlord and developer, allegedly threatened a rent-regulated tenant at 166 West 75th Street in the Upper West...

“If you love your children, leave the building”: Simon Baron accused of harassing tenant over $3.5M buyout
Sam Zell’s Equity Residential issues $400M in green bonds

Sam Zell’s Equity Residential issues $400M in green bonds

Sam Zell may be a bit skeptical about climate change, but he nonetheless may profit from it. Zell’s Equity...

Sam Zell’s Equity Residential issues $400M in green bonds
Stagg Group planning 102-unit resi property in the Bronx

Stagg Group planning 102-unit resi property in the Bronx

Mark Stagg’s Stagg Group is planning a 102-unit housing complex in the Wakefield section of the Bronx. The firm...

Stagg Group planning 102-unit resi property in the Bronx
Investor Jay Schwimmer inks full-building lease for Moishe’s bakery site

Investor Jay Schwimmer inks full-building lease for Moishe’s bakery site

Investor Jay Schwimmer just inked a 21-year lease for the entire three-story East Village property that’s anchored by neighborhood...

Investor Jay Schwimmer inks full-building lease for Moishe’s bakery site
Tallest resi building in Westchester sells for $259M

Tallest resi building in Westchester sells for $259M

A partnership between Harbor Group International and Azure Partners acquired the tallest residential building in Westchester for $259 million....

Tallest resi building in Westchester sells for $259M
Lightstone pays $57M for future site of LES Moxy hotel

Lightstone pays $57M for future site of LES Moxy hotel

UPDATED, Dec. 7, 12:18 p.m.: Lightstone Group paid $56.6 million for the future site of a Lower East Side...

Lightstone pays $57M for future site of LES Moxy hotel
Billionaire David Mugrabi is trying to erase estranged wife’s stake in $72M townhouse: lawsuit

Billionaire David Mugrabi is trying to erase estranged wife’s stake in $72M townhouse: lawsuit

Billionaire art collector David Mugrabi is facing a lawsuit from his estranged wife Libbie over an alleged scheme to cut out her ownership stake...

Billionaire David Mugrabi is trying to erase estranged wife’s stake in $72M townhouse: lawsuit
Private developers receive $120M loan to fix Bronx NYCHA complex

Private developers receive $120M loan to fix Bronx NYCHA complex

UPDATED, Dec. 4, 3:00 p.m.: The private developers that now manage the NYCHA complex Betances Houses received a $120...

Private developers receive $120M loan to fix Bronx NYCHA complex
Akelius buys Flatiron home of design nonprofit Van Alen Institute

Akelius buys Flatiron home of design nonprofit Van Alen Institute

Akelius Real Estate Management bought the longtime home of architecture nonprofit Van Alen Institute. Akelius, the U.S. arm of...

Akelius buys Flatiron home of design nonprofit Van Alen Institute
Manhattan apartments are second-smallest in the country

Manhattan apartments are second-smallest in the country

According to this week’s market reports, Manhattan apartments are the second smallest in the country and about half of...

Manhattan apartments are second-smallest in the country
Lightstone Group lands $210M loan for Gowanus rental development

Lightstone Group lands $210M loan for Gowanus rental development

Lightstone Group landed a $210 million mortgage for its Gowanus rental building at 365 Bond Street. The new debt...

Lightstone Group lands $210M loan for Gowanus rental development
Here’s what the $10M-$20M NYC investment sales market looked like last week

Here’s what the $10M-$20M NYC investment sales market looked like last week

In the world of mid-market New York City investment sales last week, Blackstone Group and Fairstead Capital sold another...

Here’s what the $10M-$20M NYC investment sales market looked like last week
Hello Living planning 104-unit condo project in the Bronx

Hello Living planning 104-unit condo project in the Bronx

Hello Living is continuing its expansion beyond Brooklyn, and this time it’s going condo in the Bronx. The firm,...

Hello Living planning 104-unit condo project in the Bronx
SL Green pays $18M to buy air rights for FiDi resi tower

SL Green pays $18M to buy air rights for FiDi resi tower

The city’s largest office landlord just acquired air rights for its planned 35-story, ground-up apartment tower in the Financial...

SL Green pays $18M to buy air rights for FiDi resi tower
WeWork expanding at 2 Herald Square

WeWork expanding at 2 Herald Square

WeWork is expanding in the Midtown office building where it is hosting Amazon. The co-working provider signed a 60,000-square-foot lease expansion at 2 Herald Square, the company told The Real Deal. The additional space...

WeWork expanding at 2 Herald Square
Kinsmen Property Group picks up Bowery properties for $30M

Kinsmen Property Group picks up Bowery properties for $30M

Kinsmen Property Group, a joint venture between Madison Group and State Building Group, bought a bowery property for $30...

Kinsmen Property Group picks up Bowery properties for $30M
Here’s what the $10M-$20M NYC investment sales market looked like last week

Here’s what the $10M-$20M NYC investment sales market looked like last week

In the world of mid-market New York City investment sales last week, iStar sold the site of planned 135-unit...

Here’s what the $10M-$20M NYC investment sales market looked like last week
WeWork expands mid-sized tenant portfolio in Gramercy, Chelsea and Midtown

WeWork expands mid-sized tenant portfolio in Gramercy, Chelsea and Midtown

WeWork continues to claim space for its mid-sized tenant segment, signing on for 95,650 square feet across three Manhattan...

WeWork expands mid-sized tenant portfolio in Gramercy, Chelsea and Midtown
SDG Management nabs Hamilton Heights resi property

SDG Management nabs Hamilton Heights resi property

Multifamily investor Bruce Haley sold a Hamilton Heights apartment building for $21.8 million. The property, at 3661 Broadway, is...

SDG Management nabs Hamilton Heights resi property
Historic Greenwich Village theater Quad Cinema could face eviction

Historic Greenwich Village theater Quad Cinema could face eviction

Quad Cinema, which holds the distinction of being the city’s first multiplex, could face eviction at its Greenwich Village...

Historic Greenwich Village theater Quad Cinema could face eviction
Investor Moshe Drizin secures $75M loan for FiDi office tower

Investor Moshe Drizin secures $75M loan for FiDi office tower

Mayore Estates, a partnership led by investor Moshe Drizin, landed a $75 million mortgage for Financial District office building...

Investor Moshe Drizin secures $75M loan for FiDi office tower
This stretch of Fifth Avenue ranks as the world’s second priciest retail corridor

This stretch of Fifth Avenue ranks as the world’s second priciest retail corridor

According to this week’s market reports, Fifth Avenue ranked as the second most expensive retail corridor in the world...

This stretch of Fifth Avenue ranks as the world’s second priciest retail corridor
Clipper Equity, Chetrit land $99M loan for “haunted” Brooklyn resi complex

Clipper Equity, Chetrit land $99M loan for “haunted” Brooklyn resi complex

Clipper Equity and the Chetrit Group landed a $98.9 million loan for the Parkside Brooklyn residential complex in Prospect...

Clipper Equity, Chetrit land $99M loan for “haunted” Brooklyn resi complex
Boston Properties looking to raise $1B for green projects

Boston Properties looking to raise $1B for green projects

Boston Properties is betting big on sustainability. The company, which owns and manages 20 million square feet of projects...

Boston Properties looking to raise $1B for green projects
Abraham Leser lands $71M loan for SUNY hospital site in Brooklyn

Abraham Leser lands $71M loan for SUNY hospital site in Brooklyn

Investor Abraham Leser landed a $71.3 million loan for the SUNY Downstate Medical Center location in Bay Ridge. The...

Abraham Leser lands $71M loan for SUNY hospital site in Brooklyn
Chicago health care REIT pays $135M for Battery Park City ground lease

Chicago health care REIT pays $135M for Battery Park City ground lease

UPDATED, Nov. 13, 3:28 p.m.: Chicago firm Ventas REIT paid $134.7 million to acquire Brookdale Senior Living’s ground lease...

Chicago health care REIT pays $135M for Battery Park City ground lease
Here’s what the $10M-$20M NYC investment sales market looked like last week

Here’s what the $10M-$20M NYC investment sales market looked like last week

In the world of mid-market New York City investment sales last week, Premier Equities bought a Soho commercial condo...

Here’s what the $10M-$20M NYC investment sales market looked like last week
FBE flips Inwood site for more than doubled what it paid

FBE flips Inwood site for more than doubled what it paid

Abraham Fructhandler’s FBE Limited just sold an Inwood development site for more than twice what it paid in April....

FBE flips Inwood site for more than doubled what it paid
Minrav lands $117M loan for planned  Kips Bay resi tower

Minrav lands $117M loan for planned
Kips Bay resi tower

Minrav Development landed a $116.7 million loan for 368 Third Avenue, a planned 35-story residential tower in Kips Bay....

Minrav lands $117M loan for planned
Kips Bay resi tower
Allure Group planning luxury rentals on Brooklyn nursing home site

Allure Group planning luxury rentals on Brooklyn nursing home site

UPDATED, Nov. 7, 5:03 p.m.: Allure Group, the real estate developer at the center of the Rivington House nursing home...

Allure Group planning luxury rentals on Brooklyn nursing home site
Ditmas Management buys UES resi building for $55M

Ditmas Management buys UES resi building for $55M

Long Island-based multifamily owner Ditmas Management bought an apartment building in the Upper East Side for $55.1 million. The...

Ditmas Management buys UES resi building for $55M
Wells Fargo software error led to hundreds of home foreclosures

Wells Fargo software error led to hundreds of home foreclosures

Wells Fargo disclosed that a software error contributed to hundreds of their customers losing their homes. In a filing...

Wells Fargo software error led to hundreds of home foreclosures
Here’s what the $10M-$20M NYC investment sales market looked like last week

Here’s what the $10M-$20M NYC investment sales market looked like last week

In the world of mid-market New York City investment sales last week, Barberry Rose Management bought an Inwood property...

Here’s what the $10M-$20M NYC investment sales market looked like last week
Delshah makes multifamily play in East Village

Delshah makes multifamily play in
East Village

Delshah Capital is making another multifamily play, buying an East Village rental property for $25.2 million. The firm bought...

Delshah makes multifamily play in
East Village
Dream Hotel Group lands $56M loan for Midtown portfolio

Dream Hotel Group lands $56M loan for Midtown portfolio

Dream Hotel Group landed a $56 million loan for a Midtown commercial portfolio that includes the — what else...

Dream Hotel Group lands $56M loan for Midtown portfolio
Carlyle Group secures $160M refi for 866 UN Plaza

Carlyle Group secures $160M refi for
866 UN Plaza

Carlyle Group secured a $160 million loan for its office condominiums at 866 United Nations Plaza in Midtown East....

Carlyle Group secures $160M refi for
866 UN Plaza
Moinian lands $140M refi for FiDi resi tower

Moinian lands $140M refi for FiDi resi tower

Moinian Group landed a $140 million loan for Financial District residential tower Ocean at One West Street. The new...

Moinian lands $140M refi for FiDi resi tower
Korean firm Daishin lands $100M loan for 400 Madison Avenue buy

Korean firm Daishin lands $100M loan for 400 Madison Avenue buy

Korean firm Daishin Securities landed a $100 million loan for its acquisition of 400 Madison Avenue in Midtown. Daishin...

Korean firm Daishin lands $100M loan for 400 Madison Avenue buy
Here’s what the $10M-$20M NYC investment sales market looked like last week

Here’s what the $10M-$20M NYC investment sales market looked like last week

In the world of mid-market New York City investment sales last week, S.W. Management scooped up a building portfolio...

Here’s what the $10M-$20M NYC investment sales market looked like last week
Minrav plans boutique resi building at former Turtle Bay Music School site

Minrav plans boutique resi building at former Turtle Bay Music School site

Minrav Development has filed plans to build a residential property at the longtime home of the Turtle Bay Music...

Minrav plans boutique resi building at former Turtle Bay Music School site
WeWork continues mid-sized tenant push in Chelsea and Soho

WeWork continues mid-sized tenant push in Chelsea and Soho

WeWork is continuing its push for mid-sized tenants, signing two leases in Chelsea and SoHo for its HQ by...

WeWork continues mid-sized tenant push in Chelsea and Soho
Entity tied to Korean investor buys Times Square property for $23M

Entity tied to Korean investor buys Times Square property for $23M

The Montague-Lee Limited Partnership, an entity controlled by Korean investor Ui Kun Lee, bought the building that houses the...

Entity tied to Korean investor buys Times Square property for $23M
VEREIT pays $43M in latest round of legal settlements

VEREIT pays $43M in latest round of
legal settlements

VEREIT continues to settle legal claims in relation to a 2014 accounting scandal under former chief executive Nicholas Schorsch....

VEREIT pays $43M in latest round of
legal settlements
Schorsch REIT sued for providing “misleading” information to shareholders

Schorsch REIT sued for providing “misleading” information to shareholders

Shareholders of Nicholas Schorsch-controlled REIT American Finance Trust are suing over an IPO that wiped $1 billion off the...

Schorsch REIT sued for providing “misleading” information to shareholders
Manhattan tech leasing tops 1M sf for 9th consecutive year

Manhattan tech leasing tops 1M sf for 9th consecutive year

According to this week’s market reports, Manhattan tech leasing topped one million square feet for the ninth consecutive year...

Manhattan tech leasing tops 1M sf for 9th consecutive year
The UES building home to Eli Zabar’s EAT Cafe trades hands

The UES building home to Eli Zabar’s EAT Cafe trades hands

Beach Lane Management, a Hartsdale, New York-based firm, bought a five-story Upper East Side apartment building for $27.5 million....

The UES building home to Eli Zabar’s EAT Cafe trades hands
Expedia acquires two home rental startups in fight with Airbnb

Expedia acquires two home rental startups in fight with Airbnb

Online travel booking firm Expedia is increasing its bet on the short-term home rental industry, acquiring startups Pillow and...

Expedia acquires two home rental startups in fight with Airbnb
Simon Baron lands $201M loan to buy out Quadrum’s stake in LIC resi tower

Simon Baron lands $201M loan to buy out Quadrum’s stake in LIC resi tower

Simon Baron Development landed a $200.8 million loan for its acquisition of its partner’s stake in a 467-unit Long...

Simon Baron lands $201M loan to buy out Quadrum’s stake in LIC resi tower
Hidrock pays $41M for FiDi package that could give way to resi development

Hidrock pays $41M for FiDi package that could give way to resi development

Hidrock Properties bought a development site and a six-story residential property in the Financial District for $41 million. The...

Hidrock pays $41M for FiDi package that could give way to resi development
Chetrit Group, Mount Sinai planning 122-unit resi complex in Woodside

Chetrit Group, Mount Sinai planning
122-unit resi complex in Woodside

A partnership between the Chetrit Group and Queens developer Mount Sinai Properties pre-filed permits to build a 122-unit apartment...

Chetrit Group, Mount Sinai planning
122-unit resi complex in Woodside
Here’s what the $10M-$20M NYC investment sales market looked like last week

Here’s what the $10M-$20M NYC investment sales market looked like last week

In the world of mid-market New York City investment sales last week, 60 Guilders and Carlyle Group sold a...

Here’s what the $10M-$20M NYC investment sales market looked like last week
Dermot, PGGM fund UWS acquisition with $260M Helaba loan

Dermot, PGGM fund UWS acquisition with $260M Helaba loan

Dermot Company and Dutch pension fund PGGM landed a $260 million mortgage to fund their acquisition of Upper West...

Dermot, PGGM fund UWS acquisition with $260M Helaba loan
El Fassi Realty lands $133M loan for Uniqlo’s Herald Square site

El Fassi Realty lands $133M loan for Uniqlo’s Herald Square site

UPDATED, Oct. 23, 2018, 5:10 p.m.: El Fassi Realty, a partnership between Oved Group and investor Charles Ishay, landed...

El Fassi Realty lands $133M loan for Uniqlo’s Herald Square site
Simon Baron pays $313M for partner’s stake in LIC resi complex

Simon Baron pays $313M for partner’s stake in LIC resi complex

Simon Baron Development bought its partner’s stake in a 467-unit Long Island City residential complex, the second such transaction...

Simon Baron pays $313M for partner’s stake in LIC resi complex
Cassena Care lands $61M loan for Crown Heights nursing facility

Cassena Care lands $61M loan for Crown Heights nursing facility

Nursing home operator Cassena Care secured a $61.4 million loan for a senior housing facility that it acquired last...

Cassena Care lands $61M loan for Crown Heights nursing facility
Delshah Capital closes on 28-property portfolio for $102M

Delshah Capital closes on 28-property portfolio for $102M

Delshah Capital has closed on its acquisition of a Brooklyn-centric 28-property package from Silvershore Properties for $102 million, according...

Delshah Capital closes on 28-property portfolio for $102M
Diane von Furstenberg’s prince son buys  432 Park Avenue pad

Diane von Furstenberg’s prince son buys
432 Park Avenue pad

Alex von Furstenberg, the son of fashion designer Diane von Furstenberg and stepson of billionaire Barry Diller, bought a...

Diane von Furstenberg’s prince son buys
432 Park Avenue pad
And New York City’s most bedbug-infested neighborhood is…

And New York City’s most bedbug-infested neighborhood is…

According to this week’s market reports, the most bedbug infested neighborhood in the city is in Brooklyn, and New...

And New York City’s most bedbug-infested neighborhood is…
Lonicera files plans for 160-unit apartment complex in DoBro

Lonicera files plans for 160-unit apartment complex in DoBro

Lonicera Partners is looking to build a 160-unit apartment complex in Downtown Brooklyn. The firm, headed by Demetrios Yatrakis,...

Lonicera files plans for 160-unit apartment complex in DoBro
Family feud: Rosenberg siblings tussle over Manhattan office properties

Family feud: Rosenberg siblings tussle over Manhattan office properties

Real estate executive Aron Rosenberg is facing a $3 million lawsuit from a brother who claims he was cut...

Family feud: Rosenberg siblings tussle over Manhattan office properties
Here’s what Moody’s got in its takeover  of REIS

Here’s what Moody’s got in its takeover
of REIS

Moody’s closed on its acquisition of commercial real estate data company REIS this week after completing a tender offer...

Here’s what Moody’s got in its takeover
of REIS
Taconic, Clarion buy pair of Bronx apartment buildings for $28M

Taconic, Clarion buy pair of Bronx apartment buildings for $28M

UPDATED, Tuesday, Oct. 16 at 4:47 p.m.: Quality Communities, an affordable housing joint venture between Taconic Investment Partners and Clarion...

Taconic, Clarion buy pair of Bronx apartment buildings for $28M
Here’s what the $10M-$20M NYC investment sales market looked like last week

Here’s what the $10M-$20M NYC investment sales market looked like last week

In the world of mid-market New York City investment sales last week, plastic surgeon Sydney Coleman sold a Tribeca...

Here’s what the $10M-$20M NYC investment sales market looked like last week
Morgan Stanley fund pays $47M for easement rights to Con Ed substation

Morgan Stanley fund pays $47M for easement rights to Con Ed substation

Morgan Stanley Infrastructure paid nearly $47 million to gain easement rights to a Consolidated Edison substation in Brooklyn, according...

Morgan Stanley fund pays $47M for easement rights to Con Ed substation
Simon Baron buys out partner in UWS rental building for $131M

Simon Baron buys out partner in UWS rental building for $131M

Simon Baron Development bought out partner Quadrum Global’s stake in an Upper West Side rental building for $130.9 million....

Simon Baron buys out partner in UWS rental building for $131M
Manhattan office sales quadruple in the third quarter

Manhattan office sales quadruple in the third quarter

According to this week’s market reports, Manhattan office sales more than quadrupled and FiDi home prices dropped 51 percent...

Manhattan office sales quadruple in the third quarter
Bushwick luxury rental building on the market for $34M

Bushwick luxury rental building on the market for $34M

UPDATED, Friday, Oct. 12 at 7:40 p.m.: Broadway Bushwick Builders, a partnership between Justin Stern of Manatus Development, hospitality...

Bushwick luxury rental building on the market for $34M
Stellar lands $75M refinancing for UWS rental complex

Stellar lands $75M refinancing for UWS rental complex

Stellar Management landed a $75 million mortgage for the Central Park Gardens apartment complex in the Upper West Side....

Stellar lands $75M refinancing for UWS rental complex
Oscar-winning composer’s UES mansion sells for nearly half of asking price

Oscar-winning composer’s UES mansion sells for nearly half of asking price

The former Upper East Side mansion of Oscar-winning composer Franz Waxman was sold for nearly half of the asking...

Oscar-winning composer’s UES mansion sells for nearly half of asking price
Here’s what the $10M-$20M NYC investment sales market looked like last week

Here’s what the $10M-$20M NYC investment sales market looked like last week

In the world of mid-market New York City investment sales last week, the Blackstone Group and Fairstead Capital sold...

Here’s what the $10M-$20M NYC investment sales market looked like last week
WeWork is taking a five-floor spread in Midtown East

WeWork is taking a five-floor spread in Midtown East

WeWork just signed one of its largest lease deals this year, taking 117,000 square feet at 575 Lexington Avenue...

WeWork is taking a five-floor spread in Midtown East
Westbrook is lending $96M on the Downtown hotel it just sold

Westbrook is lending $96M on the Downtown hotel it just sold

Westbrook Partners is switching roles at the Wagner at the Battery, a hotel in Lower Manhattan. The firm originated...

Westbrook is lending $96M on the Downtown hotel it just sold
Dalan Management, Elion Partners land $55M loan for Chelsea purchase

Dalan Management, Elion Partners land $55M loan for Chelsea purchase

Dalan Management and Elion Partners landed a $55 million mortgage for its acquisition of a residential and retail assemblage...

Dalan Management, Elion Partners land $55M loan for Chelsea purchase
Brooklyn home prices drop 8% in Q2

Brooklyn home prices drop 8% in Q2

According to this week’s market reports, Brooklyn home prices dropped eight percent and Manhattan investment volume rose 5 percent to $8.7 billion. Residential Rentals | MNS The average rent in Manhattan stayed flat in...

Brooklyn home prices drop 8% in Q2
LA investment firm picks up Lower Manhattan hotel for $147M

LA investment firm picks up Lower Manhattan hotel for $147M

Los Angeles-based firm Urban Commons has acquired the hotel portion of the Wagner at the Battery. The company paid...

LA investment firm picks up Lower Manhattan hotel for $147M
“Ground Zero Flag” building sells for $23M

“Ground Zero Flag” building sells for $23M

Landlord John Casalinuovo sold 116 Mott Street for $22.6 million, possibly spelling the end of a patriotic tradition in...

“Ground Zero Flag” building sells for $23M
VEREIT pays $85M to settle accounting scandal class-action suits

VEREIT pays $85M to settle accounting scandal class-action suits

VEREIT continues to settle accounts with its past. The firm, which was embroiled in a 2014 accounting scandal under...

VEREIT pays $85M to settle accounting scandal class-action suits
Here’s what the $10M-$20M NYC investment sales market looked like last week

Here’s what the $10M-$20M NYC investment sales market looked like last week

In the world of mid-market New York City investment sales last week, Toys “R” Us disposed of a Brooklyn...

Here’s what the $10M-$20M NYC investment sales market looked like last week
Women-only meeting space provider Luminary to open first location in NoMad

Women-only meeting space provider Luminary to open first location in NoMad

UPDATED, Sept. 28, 2018, 7:30 p.m.: Women-only meeting space provider Luminary is opening its first location in NoMad. The...

Women-only meeting space provider Luminary to open first location in NoMad
Infrastructure firm expands to more than 100K sf at Empire State Building

Infrastructure firm expands to more than 100K sf at Empire State Building

Infrastructure consulting firm HNTB Corporation is expanding at the Empire State Building. The company signed a lease to take...

Infrastructure firm expands to more than 100K sf at Empire State Building
Home prices in Queens reached a record high last month

Home prices in Queens reached a record high last month

According to this week’s market reports, home prices in Queens rose to a record high in August and U.S....

Home prices in Queens reached a record high last month
Cadillac set to vacate Soho office

Cadillac set to vacate Soho office

Cadillac is set to vacate its offices at 330 Hudson Street as it relocates its global headquarters back to Detroit. The move comes four years after the brand, a division of auto manufacturer General...

Cadillac set to vacate Soho office
Nightingale Properties founder appears to be buyer of 1 West End PH

Nightingale Properties founder appears to be buyer of 1 West End PH

An LLC controlled by Nightingale Properties CEO Elie Schwartz has closed on a penthouse at 1 West End Avenue...

Nightingale Properties founder appears to be buyer of 1 West End PH
Here’s what the $10M-$20M investment-sales market looked like last week

Here’s what the $10M-$20M investment-sales market looked like last week

In the world of mid-market New York City investment sales last week, religious organization Jews for Jesus acquired a...

Here’s what the $10M-$20M investment-sales market looked like last week
WeWork is taking a majority of this Chelsea office property

WeWork is taking a majority of this Chelsea office property

Just days after announcing its status as Manhattan’s largest office tenant, WeWork notched another new lease, signing on for...

WeWork is taking a majority of this Chelsea office property
The most new housing units are coming to this outer borough neighborhood

The most new housing units are coming to this outer borough neighborhood

According to this week’s market reports, Long Island City posted the highest number of approved residential permits in the...

The most new housing units are coming to this outer borough neighborhood
Lalezarian lands $220M financing package for West Chelsea resi complex

Lalezarian lands $220M financing package for West Chelsea resi complex

Lalezarian Properties landed a $220 million financing package for 507 West Chelsea, a three-building complex that spans 10th Avenue...

Lalezarian lands $220M financing package for West Chelsea resi complex
Saratoga Springs firm buys Jamaica self-storage facility for $27M

Saratoga Springs firm buys Jamaica self-storage facility for $27M

Self-storage facility operator Prime Group Holdings is continuing its expansion in Queens, closing a deal to acquire two industrial...

Saratoga Springs firm buys Jamaica self-storage facility for $27M
Dermot lands $120M loan for Hell’s Kitchen rental complex buy

Dermot lands $120M loan for Hell’s Kitchen rental complex buy

The Dermot Company secured a $120 million loan for its acquisition of the Helux apartment complex in Hell’s Kitchen....

Dermot lands $120M loan for Hell’s Kitchen rental complex buy
WeWork says it’s now Manhattan’s largest office tenant

WeWork says it’s now Manhattan’s largest office tenant

WeWork is now the largest office tenant in Manhattan. The co-working firm said it now has a portfolio totaling...

WeWork says it’s now Manhattan’s largest office tenant
Here’s what the $10M-$20M NYC investment sales market looked like last week

Here’s what the $10M-$20M NYC investment sales market looked like last week

In the world of mid-market New York City investment sales last week, the NYC Housing Partnership bought the former...

Here’s what the $10M-$20M NYC investment sales market looked like last week
A new mixed-use condo development may be coming to Gramercy

A new mixed-use condo development may be coming to Gramercy

Glacier Global Partners is looking to construct a 19-story mixed-use building in Gramercy. The developer filed plans for a...

A new mixed-use condo development may be coming to Gramercy
Early McDonald’s franchisee sells two 1185 Park units for $17M

Early McDonald’s franchisee sells two 1185 Park units for $17M

Early McDonald’s franchisee Irwin S. Kruger sold two units at 1185 Park Avenue for $17.3 million. Sharon Davis, the...

Early McDonald’s franchisee sells two 1185 Park units for $17M
Extell sells Greenwich Village assemblage to Chinese firm

Extell sells Greenwich Village assemblage to Chinese firm

Extell Development cashed out of a Greenwich Village assemblage it bought two years ago, selling to Chinese firm Landsea...

Extell sells Greenwich Village assemblage to Chinese firm
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