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New compliance data shows impact of Local Law 97 to improve sustainability in NYC
June 1, 2026
Manhattan, NY According to buildings commissioner Ahmed Tigani and Housing commissioner Dina Levy, 93% of the covered privately owned properties, representing 91% of covered buildings, across the city have filed their Local Law 97 compliance reports, demonstrating significant participation from the city’s real estate community
Olshan Properties secures two new retailers along Metropolitan Ave. in Parkchester
June 1, 2026
Manhattan, NY Olshan Properties, a private owner, developer and operator of commercial real estate, has completed the addition of two popular retailers to Parkchester. Wonder and Buffalo Wild Wings GO (BWW GO) are set occupy approximately 6,000 s/f on Metropolitan Ave.
Rudin welcomes Pandora to 3 Times Square
June 1, 2026
Manhattan, NY Rudin, a full-service real estate organization and one of New York City’s largest private owners, operators and developers of first-class real estate, inked a 10.5-year retail lease with global jewelry brand Pandora Ventures LLC
The Feil Organization signs full-floor lease totaling 13,000 s/f at 257 Park Ave. South
June 1, 2026
Manhattan, NY The Feil Organization, a premier national real estate investment firm, has signed Argentic Investment Management LLC (Argentic) to a long-term, 13,000 s/f lease at 257 Park Ave. South, also known as the Gramercy Park Building.
The Goods Mart opens Williamsburg flagship, eight years after redefining convenience retail
June 1, 2026
Brooklyn, NY The Goods Mart, the better-for-you convenience store founded in 2018 by Rachel Krupa, opened its new flagship location in South Williamsburg at Williamsburg Wharf (470 Kent Ave.).
Morrison Foerster advises Sachem Capital on $3.4 billion strategic combination with Industrial Realt...
June 1, 2026
Manhattan, NY Morrison Foerster is advising Sachem Capital Corp. (Sachem), a real estate lender specializing in originating, underwriting, funding, servicing, and managing a portfolio of loans secured by first
Delisle of Island Associates leases 1,200 s/f to LA Insurance at Forest Center Shopping Plaza
June 1, 2026
Silver Springs, FL Roger Delisle of Island Associates Real Estate Inc. negotiated the long-term lease of 1,200 s/f of in-line space to LA Insurance Agency at the Forest Center Shopping Plaza – 15924 E State Rd.
Patrick Grosso named a partner at Donovan LLP
June 1, 2026
New York, NY According to Donovan LLP, Patrick Grosso has been named a partner in the firm. Grosso represents clients in a broad range of commercial real estate transactions, with a particular focus on real estate finance, acquisitions, dispositions, and joint ventures. His clients include institutional lenders, private lenders, debt funds, investors, and developers.
Forchelli Deegan Terrana chairman and co-managing partner Jeffrey Forchelli honored with Doctor of H...
June 1, 2026
Uniondale, NY Jeffrey Forchelli, chairman and co-managing partner of Forchelli Deegan Terrana LLP, was awarded a Doctor of Humane Letters (L.H.D.) by Wagner College during its 2026 commencement ceremony.
Big V Property Group forms joint venture partner for Rosamond Town Center
June 1, 2026
Anna, TX Big V Property Group and The Seitz Group have formed a joint venture with a fund managed by Principal Asset Management for the development of Rosamond Town Center, an additional project in its ground-up
H2M celebrates grand opening of U.S. Merchant Marine Academy’s new Memorial Pavilion
May 29, 2026
Kings Point, NY The United States Merchant Marine Academy (USMMA), its Alumni Association & Foundation (AAF), and consulting design firm H2M architects + engineers (H2M) celebrated the grand opening and
Mesa West Capital originates $43.8 million loan for industrial park refinance in Martinsburg, WV.
May 28, 2026
Martinsburg, WV Mesa West Capital has provided a joint venture between affiliates of Hines and MetLife Investment Management with a $43.8 million five-year, first mortgage
GFP Real Estate signs three leases at 630 Ninth Ave. totaling more than 24,000 s/f
May 28, 2026
Manhattan, NY GFP Real Estate, LLC signed three lease transactions at 630 Ninth Ave., also known as The Film Center Building, totaling more than 24,000 s/f, led by a major
Eastern Union secures $15.9 million in financing for multi-family conversion project in East Peoria
May 28, 2026
East Peoria, IL Eastern Union arranged a $15.918 million acquisition and construction loan for the conversion of a former assisted living facility into a 246-unit
Some cracks are developing in the luxury fashion marketplace - by Joseph Aquino
May 28, 2026
For some time now, I have been saying that cracks are beginning to develop in the luxury fashion marketplace. Not a collapse — luxury will always survive — but perhaps
Innovative restroom indicator light boosts workplace efficiency and convenience
May 28, 2026
Los Gatos, CA For office workers who share a single-stall restroom, one everyday frustration remains surprisingly common: not knowing whether the restroom is occupied until
Cronheim Hotel Capital secures $50.4 million for two properties on Amelia Island
May 28, 2026
Fernandina Beach, FL Cronheim Hotel Capital (CHC) has secured a $29.9 million loan for the refinance and conversion of the Ocean Coast Hotel to a Holiday Inn Resort, as
Cleeman Realty Group facilitates $9.1 million acquisition of Venetia Village Shopping Center in Jack...
May 28, 2026
Jacksonville, FL Cleeman Realty Group negotiated the sale of the 93,925 s/f Venetia Village Shopping Center, a Winn-Dixie anchored retail property located at 5501
Marcus & Millichap closes multifamily asset sale in Brooklyn for $23.5 million
May 27, 2026
Brooklyn, NY Marcus & Millichap closed the sale of 1000 Ocean Pkwy., a 122-unit apartment building. The property sold for $23.5 million, or $192,623 per unit.
ICSC Las Vegas 2026: The retail real estate industry rewrites the playbook - by Joe Aquino
May 27, 2026
Another ICSC Las Vegas has come and gone, and one thing became crystal clear walking the halls, restaurants, hotel suites and convention floor this year: retail real estate is no longer in survival