New York
Coworking Operator Opens First Location in Manhattan
VillageOne signed a 4,000-square-foot lease on Broadway and will offer fully equipped creative space for freelance professionals spanning the fashion, design and photography industries.
Sammy Hagar’s Chain Opens First East Coast Restaurant
Cabo Wabo Cantina will occupy an entire 8,300-square-foot retail property on Midtown Manhattan’s Eighth Avenue corridor, which previously served as a Wahlburgers restaurant.
Meridian Capital Secures $40M Refi in Manhattan
The owner, Moinian Group, is set to redevelop three vacant buildings in the Financial District, on a site with more than 250,000 square feet of development rights.
Bridgeton Holdings Lands $57M Loan for NYC Hotel
The 171-key Walker Hotel Tribeca will be the investment firm’s second Walker hotel in New York City, following a Greenwich Village location.
The Sapir Org. Inks Long-Term Manhattan Lease
Canon decided to remain in the building and signed a direct lease with the landlord for six years with a five-year renewal option.
Knotel Expands NYC Presence
The workspace innovator signed a 28,820-square-foot lease at 5 Hanover Square in Lower Manhattan and will occupy two full floors in the CIM Group-owned building.
Seafood Chain to Open First NYC Location
Starting with the fourth quarter of 2018, Cousins Maine Lobster will occupy 1,500 square feet on Lexington Avenue in Manhattan.
Rudin Management Names New CIO
Neil Gupta took up the executive role after working with the company for more than six years. He will now oversee investments, acquisitions and financial activities for the firm’s New York City portfolio.
Knotel Expands NYC Flex Workspace Portfolio
In its latest expansion move in Manhattan, the custom office space provider has signed four new leases totaling 31,973 square feet.
A Good Time for Bridge Lenders
Millbrook Realty Capital’s Uanderson Benedetti discusses how market conditions favor flexible lenders and why smaller investors are key for business growth.