Northeast
Vornado Secures $120M for Manhattan Retail Property
The REIT will use the financing, provided by Wells Fargo Bank, to replace an existing loan on the 206,000-square-foot property at 4 Union Square South.
Boston Hotel Project Receives $300M Loan
New Boston Hospitality and Omni Hotels & Resorts will use the financing, provided by a syndicate of banks, to construct a 1,055-key luxury property.
New Hudson Yards Office Asset Commands $257M
In a deal brokered by Fried Frank, Ramrock Real Estate purchased the recently completed building, which includes a large office component, a gallery and ground-floor retail.
Neema Hospitality Acquires 2 Pittsburgh-Area Hotels
Fairfield Inn & Suites Slippery Rock and Holiday Inn Express & Suites Pittsburgh SW bracket the city to the north and south. The company now owns 11 hotels across Pennsylvania, Maryland and West Virginia.
Terreno Realty Inks Full-Building Industrial Lease in NJ
In a deal brokered by Cushman & Wakefield, Integrated Supply Network has expanded its lease by 46,000 square feet in the Lower Interstate 287 submarket.
Turning NYC Green From the Top Down
New York City is weighing proposals calling for most new buildings to incorporate renewable energy sources or green roofs.
Fithouse Expands Manhattan Footprint
The fitness brand opened its third 2018 location in the borough with the help of a Cushman & Wakefield team of brokers.
Office Space at NYC High-Rise Commands $135M
A cross-border joint venture led by Deutsche Bank and BLG Capital has acquired the vacant 100,000-square-foot segment of the mixed-use tower at 685 Fifth Ave.
The Design Files: Embodying the Community Spirit
Architects are taking design to the next level by using input from the community to add more meaning to shapes. The Tangram development in Queens, N.Y., is an ode to Flushing, while residents at One Riverside in Philadelphia dictated the final layout of the condominium.
Flushing’s Puzzle Game
Flushing, Queens, is taking mixed-use to a new level. Inspired by a traditional Chinese dissection puzzle consisting of seven flat pieces called tans put together to form shapes, the Tangram development will incorporate multifamily, office, retail and hotel, as well as food and beverage options, all under one roof.