Northeast
Sizing Up New York City’s Far-Reaching Climate Bill
Real estate investors, developers and advisers are assessing the legislation, which is being praised for its boldness and criticized for focusing on large and medium-sized properties.
Ohio Introduces Clean Energy Bill
Ohio proposes a bill that would provide credits to zero-emission power producers. Meanwhile, the U.S. Supreme Court denies appeals challenging ZECs in Illinois and New York.
Netflix Takes 100 KSF in Manhattan
The company will house 127 new positions, alongside 32 current employees, in a Flatiron District building owned by Normandy Real Estate Partners.
SL Green Signs Anchor Tenant Near Hudson Yards
The REIT scored its first success with a 92-year-old office building that it’s under contract to buy. First Republic Bank will occupy some 211,000 square feet at the property.
NJ Manufacturer Switches to Solar Energy
Estimates show that over the first year, the projected energy savings will be equivalent to the annual electricity usage of 78 households.
NKF Facilitates MA Full-Building Lease
Campanelli and Clarion Partners welcomed two new tenants to Building 1, a recently completed, Class A warehouse within Campanelli Business Park of Bellingham.
Connecticut Retail Asset Commands $60M
JLL’s David Monahan, Chris Angelone, Nat Heald and Cameron Pittman assisted the seller in the disposition of the roughly 370,000-square-foot Milford Crossing Shopping Center.
CBRE Adds New EVP in Pennsylvania
Ken Bleznak brings more than 30 years of experience in the retail sector to this role, having previously served as president of Atlantic Real Estate Group.
WeWork Signs 55 KSF in Manhattan Leases
The coworking firm continues a growth spurt in its hometown with three more office leases, on top of 92,000 square feet in new space commitments earlier this month.
MRP Realty Recapitalizes Downtown Philadelphia Portfolio
The company has partnered with Goldman Sachs to refinance a collection of three office buildings and a large parking garage.