New York
LEGOLAND Takes NY by Storm
The $350 million amusement park will be located in Upstate New York’s Goshen and will open in 2020, offering educational programs for children.
Jernigan To Break Ground on NJ Self-Storage Facility
The company has expanded its self-storage portfolio with a $14.7 million investment in North Bergen. The facility will offer 68,000 square feet rentable space.
M&T Bank, Natixis Co-Lead $195M NYC Office Refi
SL Green, New York City’s largest office landlord, and PGIM, the global investment management arm of Prudential Financial, purchased Tower 46 in 2014, with the help of a bridge loan from Wells Fargo.
Olayan, Chelsfield Unveil $300M NYC Office Reno Plan
550 Madison Ave. in Midtown Manhattan will undergo modernization to its interior spaces, as well as adding high-quality amenities, world-class retail and restaurants. The renovated property is targeting LEED Gold certification and will be ready for new tenants in 2019.
ATCO-Migdal JV Snags Manhattan Office High-Rise
The 18-story building is situated in the Garment District, just steps away from Penn Station and Herald Square. Fashion designers Jason Wu, Thom Browne and Reem Bridal, along with media group Newsday, are among the property’s tenants.
Ken Rogozinski Rejoins Greystone in Newly Created Role
The financing specialist will serve as executive managing director of Greystone Bassuk, one of Greystone’s real estate advisory companies. Rogozinski will build structured debt products for real estate owners and developers.
Life Science Firms Buy NJ Industrial Assets
In separate deals brokered by Cushman & Wakefield, two pharmaceutical companies acquired industrial buildings in Piscataway and Somerset, N.J., fueling the life science industry’s growth within the Interstate 287 corridor.
C&W Adds New Director in NYC
Adam Malitz was appointed as director of retail brokerage for the Brooklyn and Queens markets, after serving in a similar role at Lee & Associates.
WeWork Nabs Lord & Taylor Flagship for $850M
Hudson’s Bay Co. sold the iconic building on Fifth Avenue to the co-working giant, which will use the 676,000-square-foot landmark as its new global headquarters.
Top 5 Retail Space Sales
PropertyShark compiled the top 5 sales in retail for September 2017 in New York City.