New York
Washington Heights Portfolio Sold for $165M
The nine-building Manhattan portfolio brokered by Eastern Consolidated includes residential, retail and office assets.
405 Park Ave. Gets Two New Owners, Plans for a Makeover
Deutsche Asset Management teamed up with MRP Realty to acquire the 17-story office and retail building in Manhattan’s Plaza District.
NAI Global Now Has Closer Ties to Cap Markets Sibling
C-III Realty Services has been renamed NAI Global Capital Markets following the combination of the two commercial real estate firms.
Paramount Gets New Loan for Midtown Manhattan Office Tower
Paramount Group Inc. has completed the refinancing of 31 W. 52nd St. with the help of Eastdil Secured.
Citi Habitats Acquires Miron Properties
Miron’s two Brooklyn locations will be rebranded as Citi Habitats offices.
Hersha Sells Manhattan Hotels to Chinese JV Partner
Hersha Hospitality Trust sold seven of its Manhattan hotels for more than $570 million, through the closing of a joint venture with Cindat Capital Management.
Hudson Yards to Have Big Impact on NYC Economy
Upon completion, the massive mixed-use project is expected to add nearly $19 billion to the city’s GDP, according to a new report released by Related Cos. and Oxford Properties Group.
NYU Langone Leases Entire Manhattan Office Tower
The medical center signed a 30-year lease to take up the whole space at Columbia Property Trust’s 222 E. 41st St., with plans for a significant capital investment.
New Independent Directors Join Ares Commercial Real Estate Corp.
ACRE welcomed two new independent directors to the company’s board.
Brixmor Names Angela Aman Chief Financial Officer
Angela Aman will succeed Barry Lefkowitz as chief financial officer of Brixmor Property Group, effective May 20, 2016.