Mid-Atlantic
Redevelopment of Bronx Armory to Create World’s Largest Indoor Ice Sports Facility
The iconic — but long-vacant — Kingsbridge Armory in The Bronx will be redeveloped into the world’s largest indoor ice facility.
Chetrit, Clipper Land $115M in Financing for NYC Flatotel Project
Chetrit Group and Clipper Equity have taken a major monetary step forward with their plan to add new luxury condominiums to the Midtown Manhattan market.
NYC’s First Apartment Building Composting Program Unveiled
The Helena apartment building on Manhattan’s West Side is the first in New York City to offer residents regular food scrap collection through the city’s Organics Collection Program, according to The New York City Department of Sanitation (DSNY) and The Durst Organization.
Beneficial Bank Inks 15-Year Lease in Philly High-Rise
Beneficial Bank, the oldest bank in Philadelphia, has signed a 15-year lease at 1818 Market St., taking four floors and 95,764 square feet in the million-square-foot high-rise owned by Sovereign Capital Management Group.
MTA Picks Transwestern to Manage 2 MSF NYC Portfolio
Transwestern will manage a 2 million-square-foot portfolio in the New York City region, including 2 Broadway in Manhattan, for the Metropolitan Transportation Authority.
Hollister Breaks Ground on Newest Addition to Teachers Village in Newark
Teachers Village, an education-centric mixed-use project in Newark, N.J., graduates to a new level with the groundbreaking on another residential building that will grace the $150 million development.
Purchase of $865M Portfolio Pushes RHP Properties Upward
RHP Properties is now the nation’s largest privately held owner and operator of manufactured-home communities, thanks to its most recent acquisition, of an $865 million manufactured-housing portfolio.
Millennium Signs 125 KSF Lease, Jumpstarting $630M Boston Project
Millennium Partners has just landed a commitment that paves the way for the commencement of the Millennium Tower/Burnham Building project, the company’s $630 million redevelopment of the former Filene’s Department Store site in downtown Boston.
L’Oréal, SAP Take 500 KSF of Office Space at NYC’s Hudson Yards
The South Tower at the 13 million-square-foot mixed-use project being developed by Related Cos. and Oxford Properties Group has just reached a total of 80 percent in occupancy commitments with two new lease agreements.
Ivanhoé JV Joins Goldman, Greystar in 27 M-F Properties
Ivanhoé Cambridge has made its largest multi-family investment, joining a partnership of Goldman, Sachs & Co. and Greystar in the $1.5 billion acquisition of 8,010 multi-family units from Equity Residential.