New York
HFF Secures $32M Financing for NYC Industrial Asset
Upon completion, the John F. Kennedy International Airport-area property will bring 300,000 square feet to Queens, offering easy access to the Port of New York and New Jersey.
NAI Hanson Completes Sale of NJ Flex Property
T&M Realty Associates purchased the 2,800-square-foot, mixed-use building in Hackensack from Voorhis Associates. The deal included 0.3 acres of land.
Tech Firm Inks 10-Year, 3-Floor Manhattan Lease
The 20-story Class B office tower, situated in the Flatiron District, is currently undergoing significant capital improvements, expected to be complete in spring 2018.
Lightstone’s Chelsea Moxy Hotel Tops Out
In partnership with Marriott, the company plans to open a total of four Moxy properties in New York City. The 349-key Chelsea hotel is slated for delivery this fall.
A Guide to Commercial Real Estate Crowdfunding
Charles Clinton delves into the risks and benefits of this new source of capital that is drawing in more and more institutional real estate companies, as well as targeted individual investors.
Penwood Nabs Financing for NJ Industrial Project
The company’s new ground-up development will include some 290,000 square feet of warehouse space located near both New York and the Port of Newark-Elizabeth.
NAI Closes North Jersey Industrial Lease
The tenant, a newly formed industrial tire supply company, will occupy nearly half of the building, which totals more than 65,000 square feet.
Green Street Snags SunPower PV Projects in NYC
First up will be a 918-kilowatt rooftop system in Queens, scheduled for an April 1 construction start and completion by late spring.
JPMorgan Chase Inks 437 KSF Lease in Redeveloped NYC Tower
The company will occupy 16 office floors and two street-level retail spaces at 390 Madison Ave. in Midtown Manhattan. L&L Holding Co. and Clarion Partners are currently transforming the original mid-20th century building into a futuristic 32-story high-rise.
Bloomberg HQ Awarded 3-Star Fitwel Certification
The 29-story office building marks the first Fitwel certification pursued jointly by a landlord and tenant. In addition, it is the first non-governmental, single-tenant property to be three-star certified.