New York
Turning NYC Green From the Top Down
New York City is weighing proposals calling for most new buildings to incorporate renewable energy sources or green roofs.
Fithouse Expands Manhattan Footprint
The fitness brand opened its third 2018 location in the borough with the help of a Cushman & Wakefield team of brokers.
Office Space at NYC High-Rise Commands $135M
A cross-border joint venture led by Deutsche Bank and BLG Capital has acquired the vacant 100,000-square-foot segment of the mixed-use tower at 685 Fifth Ave.
The Design Files: Embodying the Community Spirit
Architects are taking design to the next level by using input from the community to add more meaning to shapes. The Tangram development in Queens, N.Y., is an ode to Flushing, while residents at One Riverside in Philadelphia dictated the final layout of the condominium.
Flushing’s Puzzle Game
Flushing, Queens, is taking mixed-use to a new level. Inspired by a traditional Chinese dissection puzzle consisting of seven flat pieces called tans put together to form shapes, the Tangram development will incorporate multifamily, office, retail and hotel, as well as food and beverage options, all under one roof.
Meadow Partners Renovates Brooklyn Office Asset
The company has embarked on a quest to improve the Helen Keller Services for the Blind headquarters’ elevators, lobby and building systems.
P3 Properties Nabs NJ Office Asset
Related Cos. has sold the 233,000-square-foot Somerset Financial Center in Bedminster, which serves as the local headquarters of specialty pharmaceutical company Mallinckrodt.
Brookfield Sells Stake in NYC Portfolio for $1.4B
The company announced the sale of a 28 percent stake in its New York City core holdings, as well as plans to sell another 7 percent by early next year.
Magna Hospitality Group Sells 216-Key NY Hotel
HFF worked on behalf of the company to arrange the transaction, and secured a three-year, floating-rate acquisition loan for the buyer.
Boston Properties Invests in NYC, LA Assets
The office transactions, which total more than 3 million square feet and involve partnerships, give the REIT a stake in Manhattan’s 3 Hudson project and West Los Angeles’ Santa Monica Business Park.