Northeast
NRT Appoints New CFO
The company has hired former DFC Global Corp. and GE Capital executive Roger Favano, who will be replacing Kevin Greene.
JV Breathes Life into NYC Science Lab
Silverstein Properties and Taconic Investment Partners will transform an existing facility and deliver an additional 150,000 square feet of space to create Hudson Research Center, a premier life science research lab in Midtown Manhattan.
Trinity Wall Street Scores $400M for NYC High-Rise
Cushman & Wakefield arranged the acquisition financing for 375 Hudson St., a 19-story Class A office and retail building in Manhattan.
Yelp Extends, Expands Manhattan Trophy Tower Lease
The company will take up more than 191,000 square feet at 11 Madison Ave. The 29-story building currently serves as the North American base of Credit Suisse and the U.S. headquarters of SONY.
NJ Shopping Center Welcomes First Tenants
CBRE has secured two leases for owner Sun Equity Partners at its newly developed The Greenleaf at Union, a 110,000-square-foot shopping center located in the heart of Union, N.J.
JV Scores Marriott Franchise Agreement for Hotel Development
Bellefield Development and The Shaner Hotel Group will build a soft-branded Residence Inn in Hyde Park, N.Y. The 133-key project will be the first of two hotels set to be constructed on a 339-acre site.
Midtown East Rezoning: Not for the Faint-Hearted
The new plans approved by the New York City Council allow the construction of modern office space, reduce challenges for redevelopments and aim at upgrading the area’s transit and pedestrian infrastructure. Still, experts say only sophisticated developers will be able to take advantage of the approved regulations.
Trailer Manufacturer Strengthens PA Footprint
M.H. Eby purchased a 95,000-square-foot production plant in Ephrata for $3.3 million. Eby currently operates two other facilities in Lancaster County, but intends to move all Pennsylvania manufacturing operations in the Ephrata facility.
Large Spec Warehouse Rises in NJ
Sitex Group selected NAI Hanson to market One Sharp Plaza, a 271,000-square-foot industrial project providing direct access to New York City via the Tappan Zee and George Washington bridges.
NKF Tapped for Brooklyn Tech Hub Assignment
The firm will represent the remaining office space at Dumbo Heights, the 1.2 million-square-foot complex redeveloped by Kushner Cos., RFR Realty and LIVWRK.