Northeast

Conquering Local Law 97 Post-Pandemic

COVID-19 is creating hurdles to compliance with New York City’s landmark law. Veritas Solutions Group’s Robert LoForte and FacilityConneX’s Mark Pipher offer solutions.

Manhattan Office Market Feels Second-Quarter Chill

The pandemic significantly cooled off leasing velocity, asking rents and other key metrics.

Adler Realty Pays $12M for Philadelphia-Area Retail Asset

Nationwide Life Insurance Co. provided $7.1 million in financing for the purchase of the 67,215-square-foot property.

Cushman & Wakefield to Lease 550 KSF New Jersey Office Park

Bill Brown, William O’Keefe, Charles Parmelli and Joseph Ratner will market the Class A property’s 225,000 available square feet.

Hyatt Opens 2 Berkshires Hospitality Properties

Miraval Berkshires and Wyndhurst Manor & Club are located on the same site and feature luxury amenities.

Metro Storage Opens New Jersey Facility

The self storage center in South Brunswick offers 688 units and 75,000 square feet of rentable space with climate-controlled options.

Continental Realty Expands in NYC, Names SVP

Industry veteran Josh Dinstein has joined the investment company and will lead the new office.

ROC USA Welcomes New President

Director of Single Family Housing for Community Loan Fund in New Hampshire, Jennifer Hopkins, will be replacing Juliana Eades.

Manhattan Office Building Lands $100M Refi

PGIM Real Estate provided the 15-year financing to Jack Resnick & Sons and its joint venture partner, The Ruben Cos.

IQHQ Buys $125M Cambridge Life Sciences Campus

The real estate development company purchased the corporate headquarters of GCP Allied Technologies in a sale-leaseback transaction.