Category: Brokerage
Houlihan Lawrence: Westchester County Q2 Commercial Market Report
August 15, 2023
Rye Brook, NY The Westchester County commercial market ended the first half of 2023 with mixed results showing continued strength in multifamily developments and solid performance in the industrial/flex market while demand for retail
Real Estate Rockers in Relief returns to Irving Plaza for 10th annual night of live music and networ...
August 15, 2023
Manhattan, NY Real Estate Rockers in Relief is returning for its 10th annual benefit concert, bringing down the house once again at Irving Plaza on September 13th. This annual event will bring together the most prominent real estate moguls in New York for a night featuring multiple bands
KeyBank provides $21 million financing for
61-unit Community View Apartments
August 15, 2023
Morrisville, NY KeyBank Community Development Lending and Investment (CDLI) provided a $9 million construction loan and $12 million in Low-Income Housing Tax Credit (LIHTC) equity for the construction of an affordable senior housing property.
Transwestern Real Estate Services: Manhattan office market outlook-Q2 2023
August 15, 2023
Manhattan, NY For the second consecutive quarter, the Manhattan office market posted a record high availability rate, closing the second quarter of 2023 at 19%, up from 18.9% last quarter. However, the quarter was not without some positives,
Bayport Funding provides $3.06 million acquisition/construction loan
August 15, 2023
Brooklyn, NY Bayport Funding provided a $3.06 million acquisition and construction loan for 445 5th St., a Park Slope property containing one single-family home that will be converted into two multifamily rentals.
Slate Property Group secures $85 million refinancing for Dutch House
August 15, 2023
Long Island City, NY Slate Property Group (“Slate”), an owner, operator, developer and lender, primarily focused on multifamily in the New York metropolitan area, has closed on an $85 million
2023 Hudson Valley apartment market - by Brian Heine
August 15, 2023
Rent control is coming to the Hudson Valley apartment market. Socialists in the New York state legislature are pushing to pass statewide rent control later this year in the form of the Good Cause Eviction bill. The bill would make it near impossible for building owners to evict tenants for almost any reason and add caps to rent increases for market
DeSimone Consulting Engineering acquires UK structural engineering firm DP Squared
August 15, 2023
Boston, MA Leading full-service engineering firm, DeSimone Consulting Engineering, with offices worldwide, has acquired structural engineering firm, DP Squared Ltd. The acquisition builds upon the company’s United Kingdom
Savills secures 34,325 s/f lease for VTS at 3 Bryant Park
August 15, 2023
Manhattan, NY Savills has secured a six-year, 34,325 s/f lease for client VTS, a leader in the commercial real estate industry’s proptech space. VTS will occupy the entire 14th floor at 3 Bryant Park, subleasing its new office from Salesforce.
Gural and Lapidus of GFP Real Estate lease 11,743 s/f to Acumen Fund at 40 Worth St.
August 15, 2023
Manhattan, NY GFP Real Estate, LLC said that Acumen Fund, Inc. has signed an 11-year lease extension for its 11,743 s/f of office condominium space at 40 Worth St. in TriBeCa.
Ariel Property Advisors: Q2 2023 Multifamily Quarter in Review report
August 15, 2023
Manhattan, NY Multifamily real estate in New York City experienced a significant 242% increase in total dollar volume during the second quarter compared to the first quarter with 295 transactions totaling $3.91 billion, according to Ariel Property
Global Holdings launches leasing at Anagram Columbus Circle
August 15, 2023
Manhattan, NY Global Holdings has started leasing at its newly-developed luxury rental property, Anagram Columbus Circle, a 26-story residential tower, located near Central Park.
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