New York
Converted Brooklyn Creative Office Receives $205M Refi
Newmark Knight Frank arranged the floating-rate loan for the refinancing of the historic—and recently repositioned—building on the East River in DUMBO.
DivcoWest Buys NYC Trophy Building for $310M
The company has added a second Manhattan office asset to its portfolio with the acquisition of a 283,700-square-foot tower from Boston Properties.
Premier NJ Office Building Sells for $36M
Hartz Mountain Industries disposed of the 118,000-square-foot property. The American subsidiary of a Japanese pharmaceutical company occupies the three-story asset.
Luxury Hotel Joins New Rochelle’s Renewal
The $64 million TRYP by Wyndham is part of the city’s 12 million-square-foot revitalization and will be the largest hotel built in Westchester County, N.Y., in two decades.
Newmark Knight Frank Arranges 200 KSF Lease in NJ
The tenant at the industrial property in Parsippany is Vitaquest International, a manufacturer of nutraceuticals, which will use the facility for both production and distribution.
Redeveloped Brooklyn Asset Gets $15M Refi
Mission Capital originated the loan, which will contribute to the further enhancement of The Box Factory, a creative office and flex asset in the Bushwick neighborhood.
Cresa Expands NYC Team
Nicholas Markel brings more than a decade of experience to his new position, having previously worked at Vesta Real Estate Advisors, Deutsche Bank and Cushman & Wakefield.
Flatiron Health Doubles Manhattan Footprint
The health-care tech firm has signed a 10-year lease that expands its headquarters to 252,452 square feet in the newly redeveloped One SoHo Square complex in New York City.
Eastdil Secured Names 2 Managing Directors
Matt McCoy brings more than 20 years of experience to the firm’s Charlotte, N.C., office, as Will Silverman joins the New York team following tenure at Hodges Ward Elliott.
Top 5 Retail Space Sales
PropertyShark compiled the top 5 sales in retail recorded in May 2019 in New York City.