Category: New York City
Avison Young secures $30 million loan for Green Manufacturing Center at Brooklyn Navy Yard
May 12, 2026
Brooklyn, NY Avison Young secured a $30 million sub-leasehold mortgage loan on behalf of an entity controlled by the Brooklyn Navy Yard Development Corp. (BNYDC) for the Green Manufacturing Center (GMC) at the Brooklyn Navy Yard, a set of three buildings totaling 250,680 s/f of light industrial and ancillary office space. The financing was provided by Webster Bank.
Cushman & Wakefield inks two new leases at 28&7, bringing building to full occupancy
May 12, 2026
Manhattan, NY According to Cushman & Wakefield 28&7, a Class A office building located at 205 West 28th St. in Chelsea, has reached 100% occupancy following the signing of two new office leases. Verance
Global Net Lease to acquire Modiv Industrial in $535 million merger agreement
May 12, 2026
Manhattan, NY Global Net Lease, Inc. (GNL) and Modiv Industrial, Inc. have entered into a definitive merger agreement under which GNL will acquire Modiv in an all-stock transaction valued at an enterprise value of $535 million
Adam America Real Estate names Brickman chief executive officer
May 12, 2026
Manhattan, NY Adam America Real Estate has appointed David Brickman as chief executive officer. In this role, Brickman will lead the firm’s long-term growth strategy and oversee execution across its investment and
Access Point makes investment in 38-hotel portfolio and value-add conversion initiative
May 12, 2026
New York, NY Access Point, an Atlanta-based company, has made a new investment supporting the acquisition and rebranding of a 38-hotel portfolio. The strategy is focused on converting the assets to Studio 6 properties and
Klosed Properties and Kassin Sabbagh Realty buy NoHo retail cooperative leasehold for $2.5 million
May 12, 2026
Manhattan, NY Klosed Properties, in partnership with Kassin Sabbagh Realty, has acquired a retail cooperative leasehold at 659 Bdwy. in the NoHo Historic District for $2.5 million — below its previous $6 million trade
Jack Resnick & Sons inks four leases totaling 28,970 s/f of office space at 880 Third Ave.
May 12, 2026
Manhattan, NY Jack Resnick & Sons publicized four lease agreements totaling 28,970 s/f at 880 Third Ave., its 18-story boutique office tower located in the Plaza District.
Forte Construction completes modernization of three elevators at 125th St. subway station
May 12, 2026
Manhattan, NY Forte Construction Corp., a general contractor, completed the replacement of three elevators at the 125th St. and St. Nicholas Ave. subway station in Harlem. The station, completed two months ahead of schedule, advances the Metropolitan Transportation Authority’s (MTA) ongoing Americans with Disabilities Act (ADA) accessibility program
TUMI debuts renovated Rockefeller Center store
May 12, 2026
Manhattan, NY International travel, lifestyle and accessories brand TUMI opens the doors to its newly renovated Rockefeller Center store at 30 Rockefeller Plaza on March 31, 2026, marking a significant milestone for the brand in one of the city’s most iconic retail destinations.
Galo of RTL signs Astra Hospitality to 2,407 s/f at 41-05 29th St.
May 12, 2026
Queens, NY Thomas Galo of RTL represented the landlord in a retail lease at 41-05 29th St. in Long Island City, securing Astra Hospitality for the building’s ground-floor retail space.
Arverne East development team begins const. on 320-unit mixed-use project
May 12, 2026
Queens, NY The Arverne East development team, governor Kathy Hochul, the Dept. of Housing and Preservation have started construction at Arverne East Building D, a 320-unit affordable mixed-use project, which will create 89 cooperative homeownership units and 229 rental apartments in the Far Rockaway neighborhood.
BFC Partners inks 13,758 s/f lease at RFR’s 17 State St.
May 12, 2026
Manhattan, NY RFR said that real estate development firm BFC Partners has signed a 10-year, 13,758 s/f full-floor lease at 17 State St. After logging a record-breaking year for leasing at 17 State – with 250,000 s/f of
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