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Womble Bond Dickinson adds Cahill as real estate finance and private capital partner in New York

Womble Bond Dickinson adds Cahill as real estate finance and private capital partner in New York

June 9, 2026
Manhattan, NY John Cahill has joined Womble Bond Dickinson (US) LLP as a partner, where he will be a key member of the finance, bankruptcy & restructuring practice group.
JLL volunteers working with Once Upon a Room makeover kids hospital rooms

JLL volunteers working with Once Upon a Room makeover kids hospital rooms

June 9, 2026
Bronx, NY JLL is working with the nonprofit organization Once Upon a Room to bring comfort and joy to hospitalized children. With the launch of the company’s “Wave
Greystone names Sagar as chief information and artificial intelligence officer

Greystone names Sagar as chief information and artificial intelligence officer

June 9, 2026
Manhattan, NY Greystone has appointed Sahil Sagar as chief information and artificial intelligence officer — a newly created role leading the firm’s technology
Savills promotes Bowen to vice chairman in New York

Savills promotes Bowen to vice chairman in New York

June 9, 2026
Manhattan, NY Savills has promoted Allyson Bowen to vice chairman in the firm’s New York office, recognizing her tenure, client work and success as one of the firm’s top
Brownstone Boys Real Estate expands with Compass

Brownstone Boys Real Estate expands with Compass

June 9, 2026
Manhattan, NY The Brownstone Boys and Compass have launched The Brownstone Boys Real Estate, officially integrating their existing Compass team under the broader Brownstone Boys
Darga joins Enterprise Community Partners as vice president and N.Y. market leader

Darga joins Enterprise Community Partners as vice president and N.Y. market leader

June 9, 2026
Manhattan, NY Kim Darga joined Enterprise Community Partners (Enterprise) as its new vice president and N.Y. market leader. In this role, Darga will lead Enterprise’s work
Naftali Group with Access Real Estate secure $374 million refinance for Williamsburg Wharf

Naftali Group with Access Real Estate secure $374 million refinance for Williamsburg Wharf

June 9, 2026
Brooklyn, NY Naftali Group with Access Real Estate closed a $374.35 million refinancing for Phase I of Williamsburg Wharf, the firm’s 3.75-acre master-planned development along Williamsburg’s East River shoreline.
BHI provides $169.5 million construction loan

BHI provides $169.5 million construction loan

June 9, 2026
Manhattan, NY BHI, the U.S branch of Bank Hapoalim, B.M. has provided Quantum Pacific Realty and partner MetroLoft with a $169.5 million construction loan to convert 767 Third Ave.
IPA Capital Markets arranges $27.5 million financing for The Sophia, 60-unit multifamily

IPA Capital Markets arranges $27.5 million financing for The Sophia, 60-unit multifamily

June 9, 2026
Manhattan, NY IPA Capital Markets, a division of Marcus & Millichap, has arranged $27.5 million to refinance The Sophia, a newly built, 11-story, 60-unit luxury multifamily
The commercial classroom:  Generational traits - by Edward Smith Jr.

The commercial classroom: Generational traits - by Edward Smith Jr.

June 9, 2026
We have six major age groups, all of which can become potential clients for us. The generation we were born in affects the way we think, react, evaluate and buy. But we need to be
The Feil Organization leases 8,320 s/f to Wave Sports & Entertainment

The Feil Organization leases 8,320 s/f to Wave Sports & Entertainment

June 9, 2026
Manhattan, NY The Feil Organization signed Wave Sports & Entertainment (Wave) to a long-term lease totaling 8,320 s/f at 145 W 30th St. Wave will occupy the entire
Island Assocs. negotiates 1,133 s/f long-term lease for Dunkin with drive-thru; assists developer

Island Assocs. negotiates 1,133 s/f long-term lease for Dunkin with drive-thru; assists developer

June 9, 2026
Bethpage, NY Island Associates negotiated a new development of a ground-up free standing 1,133 s/f Dunkin with a drive-thru at 420 N. Wantagh Ave. with a long-term lease term
SakeBrooklyn to open 6,500 s/f brewery and taproom in Gowanus

SakeBrooklyn to open 6,500 s/f brewery and taproom in Gowanus

June 9, 2026
Brooklyn, NY SakeBrooklyn Brewing Co., a premium American-style sake brand, has signed a lease for 6,500 s/f at 500 Degraw St., where it will open a full-scale sake brewery
Koeppel Rosen arranges five new office leases totaling 15,474 s/f at 1261 Broadway

Koeppel Rosen arranges five new office leases totaling 15,474 s/f at 1261 Broadway

June 9, 2026
Manhattan, NY Koeppel Rosen LLC arranged five new office leases totaling 15,474 s/f at 1261 Bdwy., an 11-story building in the city’s Midtown South neighborhood.
Avison Young arranges 12,456 s/f lease for W Magazine at 1 World Trade Center

Avison Young arranges 12,456 s/f lease for W Magazine at 1 World Trade Center

June 9, 2026
Manhattan, NY Avison Young secured a long-term lease for W Magazine at 1 World Trade Center. The company will occupy 12,456 s/f on the 46th floor for its
Marcus & Millichap closes sale of 21-unit apartment building for $3.8 million

Marcus & Millichap closes sale of 21-unit apartment building for $3.8 million

June 9, 2026
Brooklyn, NY Marcus & Millichap negotiated the sale of 665 St. Marks Ave., a 21-unit multifamily property in Crown Heights. The property sold for $3.8 million.
Vasconcellos of Levin Management Corp. signs Wingstop at Rutgers Plaza

Vasconcellos of Levin Management Corp. signs Wingstop at Rutgers Plaza

June 9, 2026
Somerset, NJ Wingstop, a leading national fast-casual brand, has signed a 1,848 s/f lease at Rutgers Plaza, a 268,000 s/f Stop & Shop-anchored shopping center at the
House of Spells to open 20,000 s/f at 234 West 42nd St.

House of Spells to open 20,000 s/f at 234 West 42nd St.

June 9, 2026
Manhattan, NY Magical adventures and experiences await this summer as NYC’s first multi-fandom retail destination prepares to open in Times Square. Located at 234 West
Hunt commercial real estate question and answer: Lease escalations - by David Hunt

Hunt commercial real estate question and answer: Lease escalations - by David Hunt

June 9, 2026
Q: What is a fair rent increase in a commercial lease? My firm is negotiating a lease on an industrial building, and the landlord is asking for a 4% escalation every year. Is there a standard rent increase for industrial leases?  A: There are no standard or published lease escalations. Escalation terms are essentially whatever two parties can agree upon. An alphabet soup of rent escalators was common in the past,
Industry City expands robotics ecosystem with 10,000 s/f of new leases

Industry City expands robotics ecosystem with 10,000 s/f of new leases

June 9, 2026
Brooklyn, NY Industry City (IC), the 35-acre mixed-use innovation campus in Sunset Park, closed 10,000 s/f of new leases with robotics and hard-tech companies Möbius Industries and Alquist Robotics, in