Northeast
Paramount Gets New Loan for Midtown Manhattan Office Tower
Paramount Group Inc. has completed the refinancing of 31 W. 52nd St. with the help of Eastdil Secured.
Citi Habitats Acquires Miron Properties
Miron’s two Brooklyn locations will be rebranded as Citi Habitats offices.
Iconic Depression Era Property Changed into Upscale Office Building after Purchase
Renovations are underway at the historic building which will house the headquarters of Granoff Architects.
Hersha Sells Manhattan Hotels to Chinese JV Partner
Hersha Hospitality Trust sold seven of its Manhattan hotels for more than $570 million, through the closing of a joint venture with Cindat Capital Management.
Hudson Yards to Have Big Impact on NYC Economy
Upon completion, the massive mixed-use project is expected to add nearly $19 billion to the city’s GDP, according to a new report released by Related Cos. and Oxford Properties Group.
NYU Langone Leases Entire Manhattan Office Tower
The medical center signed a 30-year lease to take up the whole space at Columbia Property Trust’s 222 E. 41st St., with plans for a significant capital investment.
New Independent Directors Join Ares Commercial Real Estate Corp.
ACRE welcomed two new independent directors to the company’s board.
Brixmor Names Angela Aman Chief Financial Officer
Angela Aman will succeed Barry Lefkowitz as chief financial officer of Brixmor Property Group, effective May 20, 2016.
Seagis Starts Construction of Ultra-Modern Distribution Facility New Jersey
The extensive 923,000 square feet industrial property will be completed in 2017, but it is already marketed for lease.
Hugo Neu Appoints Director of Development for 130-Acre Business Campus
In his new role, Michael Meyer will work closely with the Kearny Point team to leverage its existing platform and drive growth across the broader redevelopment efforts.