Front Section

Bank mergers creating opportunities for non-banks to disrupt CRE term lending model - By Matthew Dzbanek and Matthew Swerdlow

“Non-bank” Lenders Filling the Void Merger activity has been brisk in the New York market in recent years with additional tra...

The Bronx is back: institutional money is chasing yield - by Shimon Shkury

Investor Profile Changes for Multifamily Assets  The largest transaction in the first half of the year was the sale of a multifamily...

A.R.T./New York signs 20-year lease for 32,000 s/f at 520 Eighth Ave.

New York, NY According to GFP Real Estate, LLC, the Alliance of Resident Theatres/New York (A.R.T./New York), an arts service organization that “assists over 400 member theatres in managing their theatre companies

Royal Properties opens Hapik Rock Climbing in Yonkers

Yonkers, NY According to Royal Properties, Inc., Hapik, an indoor climbing park, has opened for business, occupying an 11,000 s/f space. Ridge Hill is a 1.3 million s/f open-air

LAZ Parking LLC signs long term 27,000 s/f net lease for six-story garage

New York, NY According to GFP Real Estate, LLC, LAZ Parking LLC, a company that operates over 1.2 million parking spaces in over 3,000 thousand locations and 400+ cities across the country, has signed a 10-year net

JLL represents landlord in three leases at 177 Lafayette

New York, NY According to JLL, the first tenants of Eretz Group’s newly repositioned boutique mixed-use office and retail property at 177 Lafayette St. have signed leases totaling 13,158

CIBS panel examines “Future of the Office Workplace”

Melville, NY The Commercial Industrial Brokers Society of Long Island (CIBS), one of the region’s largest real estate advocacy organizations, hosted a dynamic panel discussion last week that examined the &ldquo

Doshi, Mehra, and Barbos close on sale at 541-545 West 49th St.

New York, NY Meridian’s Amit Doshi, Shallini Mehra, and Justin Barbos closed on their exclusive at 541-545 West 49th St., a six-story residential walkup apartment building located between Tenth and Eleventh

Capital One Bank grows office space at 114 Fifth Ave. up to 116,926 s/f

New York, NY L&L Holding Company has finalized an agreement with Capital One Bank to grow its offices at 114 Fifth Ave. to 116,926 s/f and extend its lease. Owned by a joint venture of Columbia

BXP and Rudin sign Huge to a 12-year lease to occupy 71,000 s/f

Brooklyn, NY According to Boston Properties, Inc. (NYSE:BXP) and Rudin, Huge, one of the world’s preeminent design and innovation firms, is relocating its global headquarters to the top two office floors of Dock 72,