Category: New York City

2026 Developing Queens: J.H.S. 216Q

2026 Developing Queens: J.H.S. 216Q

May 26, 2026
Queens, NY Technico Construction Services Inc. is supporting the NYC School Construction Authority in the addition and modernization of J.H.S. 216Q. The project expands capacity, upgrades building systems, and delivers a resilient, high-performance learning environment aligned with current SCA and NYC Green Schools standards.
Implications of the good guy guaranty decision - by Thomas Kearns

Implications of the good guy guaranty decision - by Thomas Kearns

May 26, 2026
New York’s highest court ruled last year that if a so-called good guy guaranty conflicts with the lease it guarantees, the terms of the guaranty will prevail. In 1995 CAM
From lords to luxury hosts: The transformation of Manhattan office real estate - by Joseph Aquino

From lords to luxury hosts: The transformation of Manhattan office real estate - by Joseph Aquino

May 26, 2026
For decades in New York City commercial real estate, landlords acted like Lords. Tenants were expected to feel fortunate simply to occupy space in their buildings. The
Council Advisors renews 17,685 s/f headquarters lease at 685 Third Ave.

Council Advisors renews 17,685 s/f headquarters lease at 685 Third Ave.

May 26, 2026
Manhattan, NY Savills represented consulting firm Council Advisors in the renewal of its 17,685 s/f headquarters lease at 685 Third Ave. The 10-year lease extension
Cushman & Wakefield leases 7,600 s/f at 680 Fifth Ave. to POP MART

Cushman & Wakefield leases 7,600 s/f at 680 Fifth Ave. to POP MART

May 26, 2026
Manhattan, NY Cushman & Wakefield made known that POP MART has signed a long-term lease for 7,600 s/f at 680 Fifth Ave. The location will serve as POP MART’s
Marcus & Millichap facilitates $16 million sale of Brooklyn development site

Marcus & Millichap facilitates $16 million sale of Brooklyn development site

May 26, 2026
Brooklyn, NY Marcus & Millichap brokered the sale of 863 Dean St., a development site in the Prospect Heights neighborhood. The asset sold for $16 million. “By strategically launching post-AAMUP rezoning, we capitalized on critical price discovery to maximize asset value.
2026 Developing Queens: Jamaica Development Assemblage

2026 Developing Queens: Jamaica Development Assemblage

May 26, 2026
Queens, NY The Mastronardi family has operated a concrete business on a 55,079 s/f lot in Jamaica for over half a century. Last November, the zoning changed. The New York City Council approved the Jamaica Neighborhood Plan, a rezoning of nearly 230 blocks in and around Jamaica Center, described as the largest Mandatory Inclusionary Housing
NYCEDC adds new tenants at Brooklyn Army Terminal and MADE Bush Terminal; cementing Sunset Park as hub for manufacturing, innovation, and jobs

NYCEDC adds new tenants at Brooklyn Army Terminal and MADE Bush Terminal; cementing Sunset Park as h...

May 26, 2026
Brookyln, NY New York City Economic Development Corp. (NYCEDC) has added five new tenants at the Brooklyn Army Terminal (BAT) and MADE Bush Terminal, marking another major
Ariel Property Advisors secures three loans for condominium construction projects totaling more than $17 million

Ariel Property Advisors secures three loans for condominium construction projects totaling more than...

May 26, 2026
Brooklyn, NY The Capital Services Group of Ariel Property Advisors (Ariel) has closed three loans from private lenders totaling over $17 million to finance condominium
Cushman & Wakefield arranges $26.35 million refinance for 91-unit The Bridgeline, Bronx

Cushman & Wakefield arranges $26.35 million refinance for 91-unit The Bridgeline, Bronx

May 26, 2026
Bronx, NY Cushman & Wakefield has arranged a $26.35 million loan on behalf of the JCAL Development Group to refinance The Bridgeline, a 91-unit Class A multifamily
2026 Developing Queens: Midori

2026 Developing Queens: Midori

May 26, 2026
Queens, NY In late October 2025, Prosper Property Group acquired the partially completed development at 36-45 31st St. in Long Island City. At the time, the project was approximately 60% complete and facing a compressed timeline
Marcus & Millichap arranges $3.375 million financing for two multifamily properties in Queens

Marcus & Millichap arranges $3.375 million financing for two multifamily properties in Queens

May 26, 2026
Long Island City, NY Marcus & Millichap Capital Corp. (MMCC) arranged $3.375 million in financing for the acquisition of two 16-unit multifamily properties located at
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