Northeast
Cachet to Open First NYC Hotel
Dubbed the Cachet Boutique NYC, the 105-key hotel was developed in partnership with Merchants Hospitality Group. The hotel is steps from Chelsea, Hell’s Kitchen and the soon to be open Hudson Yards.
Vornado Completes $500M NYC Refi
The 40-story office building is located in Midtown Manhattan at 330 Madison Ave. It’s the fourth Manhattan asset the REIT or an affiliate has refinanced in the last eight months.
Toy Manufacturer Opens 1 MSF Facility in Pennsylvania
Mattel Inc. partnered with Ryder System Inc. in managing and staffing the distribution center. The facility is fully operational.
TF Final Mile Renews 74 KSF NJ Lease
The transportation and logistics company will continue to operate its New Jersey office at the 105,796-square-foot Teterboro warehouse/distribution center. Other tenants include Dynamic Worldwide and Jet Distribution.
JLL to Lease, Market NY Bioscience Park
The firm will handle the leasing and marketing for Broad Hollow Bioscience Park, a 62,000-square-foot biotechnology research facility located in Farmingdale, N.Y., which provides affordable leasing space to biotech companies through tax-incentive programs.
Are You Investing in Boston’s Growth Areas?
CBRE/New England president & co-managing partner Andy Hoar discusses how the specialized workforce fuels the metro’s growth and provides insight into the city’s best-performing asset types.
Top 5 Retail Space and Office Building Sales
PropertyShark compiled the top 5 sales in office and retail for June 2017 in New York City.
Attorney Hugh Finnegan Joins Romer Debbas as Partner
With more than three decades of experience, Hugh Finnegan will also serve as co-manager of the firm’s commercial real estate department, focusing on enhancing the company’s lending platform.
Boston Properties Buys NJ Office Asset
The company added another 96,000 square feet to its Princeton, N.J., inventory with the acquisition of a Class A office asset located within the 560-acre Carnegie Center. Cushman & Wakefield brokered Mack-Cali Realty Corp.’s $16 million sale of the asset.
Meridian Arranges $21M Refi for NYC Property
The eight-story mixed-use asset features four commercial units and 20 luxury apartments and is in close proximity to the Subway Line 1 at Houston Street.