New York

NYPA to Invest $1.1B in Niagara Plant Upgrade

Highlights include replacing aging equipment with advanced technologies to optimize performance.

Talonvest Arranges $15M Acquisition Loan

The company secured the financing on behalf of GoodFriend Self Storage, which added a 79,000-square-foot storage facility in Cutchogue, N.Y., to its portfolio.

Washington Prime Group Adheres to Solar Rooftop Systems

The retail REIT signed agreements with Safari Energy for the installation of 2.3 MW of solar arrays at coastal state shopping malls.

Welltower Adds to MOB Growth Spurt

The company has agreed to pay $140 million to buy a 270,000-square-foot complex in Berkeley Heights, N.J., from its tenant, which will continue its occupancy under a new 20-year lease.

Lincoln Equities Inks Flurry of Leases in New Jersey

Morgan Stanley was among the firms signing deals at three office complexes the company owns in Morristown.

Cushman & Wakefield Brokers HQ Lease in Northern New Jersey

Executive Director Ben Brenner worked on behalf of tenant Fujitsu, while Broker MariaGrace Iantosca represented the owner of the newly repositioned 100,000-square-foot property.

Chesapeake Agrees to Sell NYC Hotels for $138M

The two Hyatt-branded Manhattan properties are slated to change hands in September, prior to the trust’s prospective $2.7 billion merger with Park Hotels & Resorts Inc.

HFZ Starts Work on 600 KSF Manhattan Tower

The developer appears to be moving ahead with 29th & 5th, a 551-foot-tall project designed by Bjarke Ingels Group. Excavators and pile drivers are in use near the Empire State Building.

Top 5 Retail Space Sales

PropertyShark compiled the top 5 sales in retail recorded in June 2019 in New York City.

Top 5 Office Building Sales

PropertyShark compiled the top 5 sales in office recorded in June 2019 in New York City.