New York

New York Retail Mogul Stanley Chera Dies at 78

The founder of Crown Acquisitions led his firm from humble beginnings to its present-day success as one of Manhattan’s major investors.

Levin Management to Handle Leasing at New Jersey Retail Center

Levin will also manage the 112,000-square-foot grocery-anchored property.

George Comfort & Sons Signs New Office Tenant

Technology group Schott Corp. will be relocating its corporate office to Rye Brook in Westchester County, N.Y.

Four Storage Group Sells Long Island Facility

Cushman & Wakefield negotiated the deal on behalf of the seller.

Tallying Up the Difference in New York

Following the Fed’s two emergency rate cuts, mortgage originations spiked. However, the impacts of the coronavirus pandemic have begun to manifest in other ways.

Major Manhattan Trophy Asset Lands Financing

Morgan Stanley and New York Community Bank provided the new loan for RXR Realty’s property, adding to $810 million in existing debt.

megacities

Top 15 Fastest-Growing Megacities: What’s Changing?

Populations in the world’s largest cities are expanding at remarkable rates. Although this is a positive trend for their economies, it also makes them vulnerable when confronted with a pandemic.

Cypress Equities Obtains $90M to Expand Retail Center

The company will use the construction loan to complete the 157,000-square-foot second phase of a Walmart-anchored shopping center in Linden, N.J.

Cushman & Wakefield Arranges Sale of Grocery-Anchored New Jersey Asset

A team of eight brokers assisted the seller and procured the buyer for the 73,000-square-foot shopping center.

Bronx Industrial Project Gets $305M Boost

Innovo Property Group and Square Mile Capital Management will use the financing to build the largest logistics facility in New York City.