New York

Seagis 10

Seagis Starts Construction of Ultra-Modern Distribution Facility New Jersey

The extensive 923,000 square feet industrial property will be completed in 2017, but it is already marketed for lease.

Michael Meyer, director of development, Kearny Point, N.J.

Hugo Neu Appoints Director of Development for 130-Acre Business Campus

In his new role, Michael Meyer will work closely with the Kearny Point team to leverage its existing platform and drive growth across the broader redevelopment efforts.

Gramercy Property Trust

Gramercy Extends Portfolio with 12 Industrial Buildings in U.S. and Canada

The 12 industrial assets are located in major markets and were acquired for $115.2 million. Gramercy assumed four mortgages for the transaction.

Equity Commonwealth to Sell Hoboken Office Asset for Tidy Sum

Equity Commonwealth will sell the 13-story tower to Mack-Cali Realty Corp.

Steinbridge Group Appoints First CEO

Former Wall Street and NYC Economic Development Corp. executive Tawan Davis has joined the Steinbridge Group as the first-ever CEO.

GE Capital, Western Alliance Finalize Hotel Finance Loan Portfolio Sale

Western Alliance Bank has completed the acquisition of GE Capital’s Franchise Finance U.S. hotel business.

Report Details NYC’s Ambitious Environmental Plan

New York rolls out strategy for reducing the carbon footprint of its buildings.

Lower Manhattan Hotel Conversion Project Lands Financing

A century-old building in the TriBeCa/SoHo neighborhood will be converted into a boutique hotel with financial help from Mission Capital Advisors.

HGU New York

Alfa Development Enters the Hospitality Market with Its First Boutique Hotel

The 90-guest-room hotel preserves its 1905 charm and exudes contemporary artsy glamour after an $18 million makeover.

SL Green, Citigroup Push Up Sale of NYC’s 388-390 Greenwich St.

SL Green and Citigroup are speeding up the $2 billion sale of 388-390 Greenwich St.