Northeast
NKF Closes $25M Sale of Mixed-Use Boston Asset
Frazer Capital has sold 41 Winter St., a roughly 29,000-square-foot, eight-story building anchored by Liberty Travel. The property is located in Boston’s booming Downtown Crossing district.
Chase Bank Opens New Williamsburg Location
Thor Equities recently completed the 14,500-square-foot retail building, which offers tenants a 2,500-square-foot rooftop terrace and 120 feet of frontage.
Integrated Properties Nabs $200M Atlantic City Tower Hotel
The property, a former hotel and casino which opened in 2012 and shuttered two years later, contains 1,400 guestrooms and is expected to bring 3,000 jobs to the city.
Timothy Pulte Joins Colliers Leadership Team in Philly
The industry veteran will serve as senior executive vice president and oversee the company’s industrial and office brokerage divisions in eastern Pennsylvania, southern New Jersey and Delaware.
Manhattan Office Asset Lands $48M
Meridian Capital Group arranged a 10-year CMBS loan for 64 Wooster St., an office property located in Manhattan’s Soho neighborhood.
Seagis Snags 80 KSF Industrial Asset in Queens
5700 49th Place in Queens has changed hands. The nearly 80,000-square-foot warehouse will benefit from a comprehensive rehabilitation program.
Manhattan Office Tower Joins LEED League
The Cushman & Wakefield-managed Heron Tower aimed for LEED Silver certification, but achieved LEED Gold status due to upgraded plumbing and air conditioning fixtures, as well as a brand new building management system.
Marriott Opens Long Island Courtyard
The 125-key hotel, located in Central Islip, N.Y., features amenities including a salt-water pool, a fitness center and rentable event space.
C&W Arranges $14M Retail Sale in Queens
Midwood Investment & Development sold the fully leased, three-unit retail asset in Queens for $13.5 million.
Wachtell Lipton Renews 251 KSF Lease at CBS Building
Also known as Black Rock, the LEED Silver-certified office building was the first New York City skyscraper with a reinforced frame and was designated a New York City landmark in 1997.