New York
Three Street Realty Sells Greenwich Village Retail Asset
Compass represented both the buyer and the seller of the Manhattan property, which includes Dunkin Donuts and Verizon among its tenants.
Artisan Ice Cream Company to Add New Locations in NYC
Van Leeuwen signed six 10-year leases, planning to occupy spaces ranging between 500 to 1,700 square feet across Manhattan and Brooklyn.
New York Adds $3B to Sustainable Investment Program
Among other steps, the state’s retirement fund—third largest in the U.S.—is committing as much as $6 billion to green investment across asset classes.
Jernigan Buys Stake in NY Self-Storage Facility
The REIT acquired its development partner’s interest in the 105,300-square-foot, multi-story facility at 1775 Fifth Ave. in Bay Shore, on Long Island.
Hampshire Cos. Enters Opportunity Zone Market
The firm is partnering with Danitom Development to redevelop 250 Essex St. in Hackensack, N.J., formerly home to the Arena Diner.
WeWork Inks 236 KSF Lease in New York City
The coworking giant’s lease makes up nearly a third of CIM Group’s 1440 Broadway. WeWork will also get a private entrance and lobby at the building.
Faith Hope Consolo, NYC Retail Leader, Passes Away
The chairman of Douglas Elliman Real Estate’s retail division had an international roster of clients and was a consultant to the City of New York on the revitalization of Times Square.
Long Island City Tower 1st Big Winner of Amazon Move
A report by global credit rating agency DBRS looks at the impact on CMBS and other commercial real estate implications of the e-commerce giant’s decision to locate one of its HQ2 sites in the submarket.
Thor Equities Inks New Manhattan Retail Lease
The firm added Smile Direct Club to the tenant roster of a mixed-use asset in Harlem, alongside Insomnia Cookies, Fuel Juice Bar and Harlem Wine and Spirits.
JV Sells $72M Long Island City Industrial Building
Less than two years after buying the asset, the joint venture between Metropolitan Realty Associates and TH Real Estate sold the property for a tidy profit.