Front Section

JLL’s Hotels & Hospitality Group arranges $54 million refinancing for Baron’s Cove

Sag Harbor, NY JLL’s Hotels & Hospitality Group announced today it has arranged a $54 million refinancing of Baron's Cove, a 67-room luxury boutique hotel

JLL brings 99 Park Ave. to full occupancy as Southern Land Company signs new lease

Manhattan, NY According to JLL, Southern Land Company has signed a 13,000 s/f lease at 99 Park Ave., bringing the 600,000 s/f Class A tower owned by Global Holdings Management to full occupancy

Hampton Business District refinanced with $120 million loan

Westhampton Beach, NY JLL Capital Markets has arranged $120 million in financing for the Hampton Business District, a five-building, 50-acre, master-planned business park currently 94% occupied and featuring 385,002 s/f of Class A+ logistics

JLL Capital Markets arranges sale of Riverbank high-rise for Barings and financing for buyer

Manhattan, NY JLL has closed on the $243.5 million sale of Riverbank, a 44-story recently renovated rental property located at 560 West 43rd St. in the Midtown West submarket

JLL secures $123M capitalization for new Gowanus apartment development

Brooklyn, NY JLL Capital Markets has arranged $123 million in construction financing for 450 Union St., a planned 158-unit mixed-use development to be built along the Gowanus Canal

JLL volunteers help revive New York Harbor, advance Billion Oyster Project’s mission

Governors Island, NY JLL deepened its commitment to sustainability and community impact this summer as more than two dozen employees joined the Billion Oyster Project on Governors Island, helping to restore NY Harbor’s critical oyster reefs

Diald AI announces partnership with Moody’s

Diald AI, the first-of-its-kind proptech company delivering end-to-end, institutional-grade commercial real estate analysis in hours instead of weeks or months, announced it has entered into a commercial partnership with Moody’s, integrating a trusted

One Year In: Freelance Isn’t Free Act Fuels a Surge of Lawsuits - by Andrew Lieb

August 28, 2025 was the one-year anniversary of the effectiveness of the New York State Freelance Isn’t Free Act. In just that short while, the Freelance Act has become a hot button litigation topic in the real estate brokerage world

Vornado Realty Trust
leases 203,000 s/f to Verizon

Manhattan, NY Vornado Realty Trust said that Verizon will relocate its New York headquarters to PENN 2, Vornado’s reimagined office tower in The Penn District campus. As part of a 19-year lease, Verizon will occupy 200,000 s/f in office space across the eighth

Arrow arranges $61 million financing
for acquisition of 5 Hanover Sq.

Manhattan, NY Arrow Real Estate Advisors arranged $61 million in financing for the acquisition of 5 Hanover Sq., a 300,000 s/f office building in the Financial District. The financing supports a joint venture between Samuel Fisch and David Werner and