Category: New York City

New York, NY With mortgage rates near record highs, housing affordability at a three-decade low, and lawsuits reshaping how real estate commissions are paid, a new platform is emerging to bring relief to both

Bronx, NY OPEN Impact Real Estate (OPEN), one of the largest woman-owned commercial real estate services companies specializing in nonprofit real estate, represented Mercy Center — a locally-based nonprofit providing

Manhattan, NY GFP Real Estate negotiated three recent lease transactions at 247 West 37th St., totaling 9,370 s/f across office and retail space at the Garment District property.

Manhattan, NY The Real Estate Board of New York (REBNY) will honor standout professionals in the city’s residential real estate community at the 37th REBNY Residential Deal of the Year Benefit & Celebration on

Brooklyn, NY Affinius Capital LLC (Affinius Capital) closed a $90 million loan to refinance One Nine Rockwell, a 27-story multifamily property in the Fort Greene neighborhood. The Class A building features 174 residential units and 1,200 s/f of ground floor retail space. The loan was made to a New York-based developer, Mordechai Piller, and the proceeds will be used to complete the lease-up and stabilization of the property.

Manhattan, NY Avison Young brokered the sale of a 22,285 s/f retail building located at 446 W 14th St. in the Meatpacking District for $23.5 million to a joint venture between Klosed Properties and Namdar Realty Group. The property is fully leased to Puttery, an upscale mini golf bar concept.

Bronx, NY Invictus Property Advisors, co-founded by Josh Lipton and Andrew Levine, sold a 35,000 s/f corner retail property in the Morris Park section of the city for $9.9 million, reflecting a 6.5% capitalization rate. The fully

Brooklyn, NY According to Two Trees Management Co., Penthouse 3A at One Domino Square is in contract for $7 million. The tallest home on the city waterfront, the residence now holds the record for the most expensive sponsor sale in North Brooklyn history by price per s/f ($3,313),

Manhattan, NY Global Holdings in partnership with woman-owned real estate company MAG Partners, have released an exclusive and limited collection of top floor homes within luxury residential tower, Anagram Turtle Bay.  Designed to emphasize the light views from the upper floors of the 23-story rental building, the ‘Residences From The Top’ collection

Manhattan, NY SL Green Realty Corp. has inked a new 10-year, 163,095 s/f lease at 11 Madison Ave. with Clay, an AI Sales growth stage company that surpassed $100 million ARR in Q4. Clay will occupy the entire 14th and 16th floors, together with a part of the 15th floor.

Queens, NY Queens Development Group (QDG) – a joint venture between Related Companies and Sterling Equities – in partnership with the New York City Department of Housing Preservation & Development (HPD), New York City Housing Development Corporation (HDC) and the New York City Economic Development Corporation (EDC) have concluded the affordable housing lottery for Willets Point Commons.

Manhattan, NY The NYC Housing Partnership has launched an asset management/housing stability unit to strengthen asset management capacity across New York City’s affordable housing ecosystem which is facing increased financial stress as regulated rents fail to keep pace with rising operating costs.