New York
Historic Manhattan Asset Lands $42M Refi
Nationwide Life Insurance Co. originated the loan, which pays off a $35 million prior debt.
Cuomo Signs $341M for Moses-Adirondack Smart Path Reliability Project
The rebuilt transmission line phase is expected to begin this year, with completion anticipated for 2023.
Silverstein Properties Forges Flexible Office Deal
CBRE’s coworking unit Hana will manage 85,000 square feet in a Lower Manhattan skyscraper.
Law Firm Extends Midtown Manhattan Lease
Katsky Korins, a tenant of 605 Third Avenue since 1988, took up 19,871 square feet on the building’s 17th floor through 2032.
Tishman Speyer Lands Major Tenant in Brooklyn
In an unusual twist, the 620,000-square-foot lease is linked to a project that features the restoration of a vintage department store.
PAG Investments Lands $31M Bridge Loan for New Jersey Deal
JLL secured the three-year, floating-rate financing for the acquisition and renovation of an office property in Parsippany.
Industrious to Open New Location at Carnegie Hall Tower
Canvas by Industrious will spread across 17,000 square feet on two of the building’s 60 floors.
Blackstone Leads $300M Recap of NYC Mixed-Use Asset
The funding advances Salmar Properties’ strategy of transforming a 100-year-old Brooklyn warehouse into a 21st-century mixed-use project.
Arbor Realty Doubles Lease at Manhattan Skyscraper
The real estate lender and investor will occupy more than 36,000 square feet at the iconic Seagram Building.
Cushman & Wakefield Arranges Sublease Expansion at New Jersey Office Building
William O’Keefe, Charles Parmelli and Kelsey Nakamura brokered the deal on behalf of sublandlord Nestlé.