Northeast
SL Green Inks Lease in Midtown East
A hedge fund will share the 20-story building’s fifth floor with the National Center on Addiction and Substance Abuse.
Lionstone Capital Sells Majority Interest in New Jersey Asset
A joint venture has acquired a stake in a recently renovated office building in Parsippany.
Peloton Picks Ohio for $400M Campus
The 1 million-square-foot project will encompass manufacturing, office and amenities space.
CenterPoint Properties Pays $117M for Bronx Logistics Facility
According to CommercialEdge data, the property last traded for a fraction of the current sale price.
Manhattan Mixed-Use Asset Lands $55M Bridge Loan
Emerald Creek Capital supplied Reading International Inc. with financing secured by the onetime headquarters of Tammany Hall.
Has the Pandemic Changed NYC’s Public Realm Forever?
The pandemic has put the spotlight on public space, leading to dramatic transformations of New York City’s urban fabric.
St. Francis College Takes 255 KSF in Brooklyn
The school will relocate to Tishman Speyer’s recently completed The Wheeler office tower atop Macy’s.
Paramount Group Plans $250M Manhattan Tower Overhaul
The soon-to-be-vacant property has served as the North American headquarters of Deutsche Bank since 2007.
NYC Market Update: Development Increases YOY
Pandemic-induced uncertainty didn’t entirely intimidate investors, as the market’s under-construction office stock ticks up, according to CommercialEdge.
W. P. Carey Enhances Portfolio With $170M in Asset Purchases
In separate transactions, the net lease REIT has acquired three industrial facilities and a student housing property.