New York
Cresa Selects New Principal in NYC
Barry Lewen has more than 30 years of commercial real estate experience, having previously represented big names such as New York University, Metropolitan Life Insurance and the Royal Bank of Scotland.
Urban Logistics Asset Coming to the Bronx
A joint venture between Innovo Property Group and Square Mile Capital Management will develop the 700,000-square-foot transit-oriented property, slated to open in 2020.
Cushman & Wakefield Lines Up $415M Refi for NYC High-Rise
Angelo Gordon & Co., Normandy Real Estate Partners and George Comfort & Sons are the owners of the 750,000-square-foot property at 575 Lexington Ave. in Midtown Manhattan.
Vornado Realty Trust Inks Long-Term Theater District Lease
Open Jar Studios will occupy roughly 51,000 square feet at 1601 Broadway, aiming to create the largest Manhattan studio encompassing rehearsal, audition and office space.
CBRE Appoints New Vice Chairmen in NYC
Veterans Ben Friedland and Sacha Zarba have taken up the executive roles after working with the company for more than 15 years.
Bentall Kennedy Grabs NJ Shopping Center
Kearny Square totals well more than 100,000 square feet and includes a diverse roster of tenants, the largest being BJ’s Wholesale Club.
NYC Office Tower Receives $342M Refi
NKF Capital Markets and Cooper-Horowitz closed the loan for the 617,300-square-foot Midtown Manhattan property, which last traded two years ago.
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.