New York
ESRT Continues Retail Redevelopment
The firm has added Tacombi and Juice Press to its growing list of new retailers along 33rd Street, as part of the first phase of its redevelopment plan at the Empire State Building.
JV Sells $135M Stake in Long Island Industrial Portfolio
A Cammeby’s International-led partnership sold its 50 percent stake in a 38-building industrial portfolio located in Nassau and Suffolk counties.
Long Island Office Asset Trades, Gets Revamp
A Vasco Ventures-led partnership paid $11.8 million for The Clinton Pavilion in Hempstead, N.Y., a 150,000-square-foot asset that is now undergoing renovations.
Oxford Properties, CPPIB Buy NYC Waterfront Site for $700M
The two Canadian entities have joined forces to acquire a portion of the historic St. John’s Terminal along the Hudson River from Westbrook Partners and Atlas Capital Group.
Liquidnet Signs 126 KSF Sublease at NY Times Building
The company will relocate from 498 Seventh Ave., with plans to take up four floors at the 1.5 million-square-foot office building.
Brooklyn Navy Yard Unveils $2.5B Expansion Plan
The project will add 5 million square feet of mostly manufacturing space, slated to create 10,000 new jobs and bring the Yard’s total to 30,000.
JLL to Market, Lease Cutting-Edge Industrial Project
Innovo Property Group and Square Mile Capital Management’s upcoming 840,000-square-foot facility in the Bronx aims to facilitate “last-mile” delivery and will become the first multi-story distribution property on the East Coast.
Top 5 Retail Space Sales
PropertyShark compiled the top 5 sales in retail for December 2017 in New York City.
Top 5 Office Building Sales
PropertyShark compiled the top 5 sales in office for December 2017 in New York City.
Gene Kaufman-Designed NYC Hotel Tops Out
The $10 million property will feature 79 guestrooms across 21 stories totaling 34,000 square feet. Optima Real Estate is the project’s developer.