New York
Safanad Expands NY Team
Andrew Trickett joined the company as head of real estate investment business. Most recently, he worked for Oxford Properties Inc., where he served as senior managing director of investments.
CBRE Selects New Retail SVP
Spencer Levy leaves behind his tenure at RKF Retail Holdings, stepping up as CBRE’s senior vice president of retail advisory & transactional services in New York City.
AEW Sells NJ Retail Center for $42M
ShopRite is Wall Towne Center’s largest tenant, making the roughly 100,000-square-foot property the only grocery-anchored retail center along Route 34.
Meridian Arranges $240M Loan for NYC Office Tower
The Hakimian Organization will utilize the proceeds to refinance 636 11th Ave., a 560,000-square-foot property fully leased to advertising and public relations firm Ogilvy & Mather.
Vornado to Exit Troubled Kushner Building in NYC
Kushner Cos. will buy out Vornado Realty Trust’s nearly one-half interest in the 666 Fifth Ave. office condominium, as a sale of a similar stake to another mega-investor reportedly is pending.
SL Green Leases 2 Full Floors at Tower 46
Located at 55 W. 46th St., the 2013-built property comprises 347,855 square feet across 34 stories. Features include column free floors, 14-foot slab heights, in-building parking, floor-to-ceiling windows and a tenant-only fitness center.
NKF Appoints New Executive Managing Director in NJ
Bradford Fenlon has previously occupied various roles within Colliers International, CBRE and Insignia Financial. Over the course of his career, he worked with several Fortune 500 companies.
Columbia Property Sells Manhattan Office Asset for $333M
NYU Langone Medical Center has a 30-year triple net lease for the 390,000-square-foot building, which was recently converted for use as a multispecialty ambulatory care facility.
An $850M Gamble on a Famed Yonkers Casino
The Yonkers Racing Corp. has agreed to sell the property and the operations associated with the Empire City race track and casino to MGM Resorts International and MGM Growth Properties LLC.
Cammeby’s Completes Office-Retail Building in Brooklyn
The 161,000-square-foot property is 50 percent leased and is part of the larger Neptune/Sixth project that will feature more retail and apartments in a nearby 42-story tower.