New York
PCCP JV Grabs Former NJ Johnson & Johnson Campus
The corporate campus spreads across 66 acres in Morris Plains, N.J., and two out of three buildings are awaiting redevelopment into high-tech office, lab and light industrial space.
Lee NYC to Lease Redeveloped Victoria Theater’s Retail Component
Upon completion, the former vaudeville house will bring 400,000 square feet of apartments, hotel as well as cultural and arts space to Manhattan’s Harlem neighborhood.
NYC Retail Portfolio Commands $55M
Marcus & Millichap worked on behalf of the seller—a longtime family owner—in the 19-property transaction and also procured the buyer, Chestnut Holdings.
Top 5 Retail Space Sales
PropertyShark compiled the top 5 sales in retail recorded in May 2018 in New York City.
Top 5 Office Building Sales
PropertyShark compiled the top 5 sales in office recorded in May 2018 in New York City.
Garrison Investment Group, Onyx Equities Sell NJ Asset
The partnership sold the transit-oriented Rochelle Park property less than a year after acquiring it as part of a portfolio transaction.
[solidcore] Opens First Manhattan Location
The gym chain singled out Chelsea as its second New York location, planning to occupy more than 2,000 square feet at an Extell Development-owned asset.
Marx Development Gets $88M in Financing for Hudson Yards Hotel
Meridian Capital Group secured the 24-month term loan from Mack Real Estate Credit Strategies. The developer plans a 42-story, Marriott-branded property across from the Javits Center on Manhattan’s Far West Side.
Westgate Resorts Buys Vintage Manhattan Hotel
The historic 300-key hotel in Tudor City, near Grand Central Station, has been rebranded as the Westgate New York City. It’s the company’s first acquisition in a major city.
IWBI Appoints New President
Rachel Gutter will replace Kamyar Vaghar, who occupied the position for two years. She has been with the company since 2016.