New York
$2B Times Square Project Lands New Partner
L&L Holding joined Maefield Development, Fortress Investment Group and the Nederlander Organization in the transformation of 1568 Broadway in Manhattan.
Macmillan Leaves Flatiron Building for Lower Manhattan
The publishing company will relocate to the 1.9 million-square-foot office tower at 120 Broadway, pushing the building’s lease level to 96 percent.
Newark Dreams to Join Ranks of Destination Cities
As the Garden State’s largest city is looking to get into the revitalization game, cranes are returning to the skyline, with $1 billion of projects underway and another $4 billion in the pipeline.
NYC’s 55 Hudson Yards Attracts 130 KSF Tenant
Law firm Cooley LLP has signed a lease at the 1.3 million-square-foot tower within the $20 billion mixed-use development in Manhattan.
Revitalized Manhattan Office Tower Lands New Tenant
Healthcare organization Hospital for Special Surgery inked a 98,600-square-foot lease at 777 Third Ave., in Midtown Manhattan. The property is owned by a joint venture between the William Kaufman Org. and The Travelers Cos. Inc.
TF Cornerstone Tapped for 1.5 MSF LIC Development
The 4.5-acre site will include residential, commercial, industrial, retail and academic spaces throughout. Handel Architects, ODA and Mathews Nielsen Landscape are designing the project.
Queens Industrial Assets Sell for $78M
The joint venture plans to upgrade the buildings in order to capitalize on the growing demand for quality space within the supply-constrained New York market.
Manhattan Retail Condo Commands $25M
Rubie’s Costume Co. purchased the 26,401-square-foot space that is currently fully occupied by New York City’s largest costume store. The sale included an additional $12.5 million loan assumption.
NJ Office Asset Sells in $17M Deal
On behalf of U.S. bank, special servicer CWCapital Asset Management disposed of the 281,762-square-foot property within the 280 Corporate Center Business Park in Roseland, N.J. Several CBRE teams helped broker the transaction.
Blink Fitness Takes Over Brooklyn Landmark
The Lyceum originally served as NYC Public Bath No. 7 and underwent preservation of its exposed brick, large arched windows and industrial steel trusses that support the 22-foot high ceilings.