Bisnow Commercial Real Estate News

Harbor Group International’s 55 Broadway office tower, which snagged a new tenant for 11K SF this week.

New York View count: 76

This Week’s N.Y. Deal Sheet

Sep 12, 2023 | Ciara Long, New York City

New York Deal Sheet

A rendering of the planned 5 World Trade Center development, which will bring 1,200 residential units — including 400 income-restricted apartments — to Lower Manhattan.

New York View count: 73

22 Years After 9/11, Organization Formed To Rebuild Lower Manhattan Set To Fade Away

Sep 11, 2023 | Ciara Long, New York City

New York Neighborhood

The fate of Flexport's office footprint, including locations such as its Miami offices at 360 NW 27th St. in Wynwood, remains unclear.

National View count: 99

Flexport Looks To Ditch Offices 'Around The World' After CEO Shake-Up

Sep 8, 2023 | Ciara Long, New York City

National Office

Debt on the 1930-built New Yorker Hotel building, a Manhattan icon, has changed hands.

New York View count: 264

Private Equity Firm Scoops Up $106M Loan On New Yorker Hotel

Sep 7, 2023 | Ciara Long, New York City

New York Hotel

Silverstein Properties' 120 Broadway, which signed the first big lease post-Labor Day 2023 with Tower Research Capital's 112K SF deal in the building.

New York View count: 97

Silverstein Lands HQ Of Tech-Oriented Trading Firm At 120 Broadway

Sep 6, 2023 | Ciara Long, New York City

New York Office

377 East 33rd St., purchased this week by NYU for $210M.

New York View count: 62

This Week’s N.Y. Deal Sheet

Sep 5, 2023 | Ciara Long, New York City

New York Deal Sheet

The Austin Division of the United States District Court Western District of Texas, where former Keller Williams exec John Davis is once again suing the brokerage for fraud.

National View count: 60

Keller Williams Execs Hit With Another Racketeering Suit

Sep 1, 2023 | Ciara Long, New York City

National Commercial Real Estate

The still-incomplete Seaport Residences condo tower at 161 Maiden Lane, which has seen more than 1,400 documents filed with New York's court system over the past few years as developer Fortis Property Group and its lenders sued one another.

New York View count: 161

Judge: Dispute Over Unfinished Seaport Condo Tower Caused 'Exponential Devaluation'

Aug 31, 2023 | Ciara Long, New York City

New York Construction & Dev

The Grove, a 200-unit luxury multifamily rental located at 250 W 19th St. in Chelsea, is among the 11 buildings in the portfolio sold by Blackstone.

New York View count: 169

Blackstone Sells Manhattan Multifamily Portfolio, Evading Foreclosure

Aug 30, 2023 | Ciara Long, New York City

New York Multifamily

SL Green's 450 Park Ave., where hedge fund BlueCrest Capital Management signed for 22K SF this week.

New York View count: 83

This Week’s N.Y. Deal Sheet

Aug 29, 2023 | Ciara Long, New York City

New York Deal Sheet

New York View count: 110

NYC's Unlicensed Cannabis Stores Expose Banks, Landlords To Legal Liability

Aug 28, 2023 | Ciara Long, New York City

New York Cannabis

Macy's is among the retailers reporting a downturn in consumer spending during Q2 2023, prompting questions about how retailers will fare during the second half of the year.

National View count: 101

Retailers Flash Warning Signs That Consumer Spending Might Be Waning

Aug 25, 2023 | Ciara Long, New York City

National Retail

Fried Frank's Anita Laremont and New York City Housing Preservation and Development Commissioner Adolfo Carrión onstage at Bisnow's 2023 New York Affordable Housing Conference.

New York View count: 73

NYC Officials, Developers Scrambling For New Mechanisms To Build Affordable Housing

Aug 25, 2023 | Ciara Long, New York City

New York Affordable Housing

MCR Hotels signed a $179.8M ground lease for the Gramercy Park Hotel this week.

New York View count: 125

MCR Pays $180M For Gramercy Park Hotel Ground Lease, Continuing NYC Buying Spree

Aug 24, 2023 | Ciara Long, New York City

New York Hotel

Rockefeller Group's Heath Abramsohn, RXR's Joseph Graziose Sr., Huntington's Angel Cepeda and Community Development Corporation of Long Island's Gwen O'Shea on stage at Bisnow's Long Island 2023 State of the Market event.

New York View count: 60

'We've Lost Individuals, We've Lost Dollars': How NIMBYism Is Stunting Long Island's Growth

Aug 23, 2023 | Ciara Long, New York City

New York Economic Development

The Massive Digital Billboard On 20 Times Square

New York View count: 218

Foreclosure Sought On $750M Loan For 20 Times Square

Aug 23, 2023 | Ciara Long, New York City

New York Hotel

Gaedeke Group’s 44 Wall St., where tenants signed a total of 19K SF in lease agreements this week.

New York View count: 81

This Week’s N.Y. Deal Sheet

Aug 22, 2023 | Ciara Long, New York City

New York Deal Sheet

A gray market cannabis dispensary on the streets of New York City.

New York View count: 60

Judge Issues New Block On New York's Cannabis Retail License Program, Leaving Industry 'Disheartened'

Aug 20, 2023 | Ciara Long, New York City

New York Cannabis

National View count: 49

America’s Largest Hospital Landlord In Turmoil As Losses Mount, Key Deal Held Up By Regulator

Aug 18, 2023 | Ciara Long, New York City

National Healthcare

New York View count: 97

New York Cannabis Retailers, Landlords Left In The Lurch After Judge Blocks License Rollout

Aug 17, 2023 | Ciara Long, New York City

New York Cannabis

Mayor Eric Adams speaking at REBNY's 127th annual gala.

New York View count: 194

New York City Launches New Office-To-Resi Accelerator, Plan To Rezone Midtown

Aug 17, 2023 | Ciara Long, New York City

New York Office

747 Madison Ave., where the real estate office of billionaire James Dyson, Weybourne Holdings, purchased three units for $135M this week.

New York View count: 52

This Week’s N.Y. Deal Sheet

Aug 15, 2023 | Ciara Long, New York City

New York Deal Sheet

Nyack College's campus, which occupies eight floors of the 21-story, 1.2M SF 2 Washington St. property, may struggle to pay down its debts after announcing its intentions to close this month.

New York View count: 126

Lower Manhattan University To Shutter, Leaving Fate Of $50M Office Loan In The Air

Aug 4, 2023 | Ciara Long, New York City

New York Office

Ingka Partners' Hej!Workshop, at the base of San Francisco's 945 Market St. mall in Mid-Market, is set to open in 2024.

National View count: 84

Ikea Affiliate Partners With Industrious To Launch U.S. Coworking Business

Aug 4, 2023 | Ciara Long, New York City

National Office

The 1,331-key Row NYC hotel, at 700 Eight Ave., which is currently being used as a shelter for 900 of the city's newly arrived migrants.

New York View count: 190

As Migrant Crisis Spirals, A 1,300-Room Hotel Serving As A Shelter Is Fighting Off Foreclosure

Aug 4, 2023 | Ciara Long, New York City

New York Hotel

All 16 condos in the commercially-zoned Ritz-Carlton in Manhattan's NoMad district have been purchased by investors who plan to use them as short-term residential properties.

New York View count: 178

NoMad Ritz-Carlton Sells Out Condo Units Thanks To Airbnb Workaround

Aug 2, 2023 | Ciara Long, New York City

New York Hotel

55 Broad St., where Silverstein and Metro Loft closed on a $172M acquisition this week in what is planned to be one of NYC's largest office-to-residential conversion to date.

New York View count: 74

This Week’s N.Y. Deal Sheet

Aug 1, 2023 | Ciara Long, New York City

New York Deal Sheet

JLL's Travis McCready, Syska Hennessy's John Bilotta, Lendlease's Anthony Guiliano and HLW's Melissa Strickland on stage at Bisnow’s 2023 New York Life Sciences and Biotech Conference.

National View count: 90

Life Sciences' Real Estate Predicament: Too Much New Space, Not Enough Of The Right Kind

Jul 31, 2023 | Ciara Long, New York City

National Life Sciences

New York View count: 113

5 World Trade Center, With More Affordable Housing, Gets Signoff From Hochul

Jul 28, 2023 | Ciara Long, New York City

New York Affordable Housing

National View count: 76

Investments In Nontraded REITs Up 39%, But Still Far Outpaced By Withdrawals

Jul 28, 2023 | Ciara Long, New York City

National Capital Markets

New York View count: 66

License Holders' Frustrations With New York's Sluggish Retail Cannabis Rollout Are Boiling Over

Jul 26, 2023 | Ciara Long, New York City

New York Cannabis

45 Rockefeller Plaza, where investment firm Ruane, Cunniff & Goldfarb signed for 43K SF this week.

New York View count: 53

This Week’s N.Y. Deal Sheet

Jul 25, 2023 | Ciara Long, New York City

New York Deal Sheet

470 Broadway in SoHo, vacant since former tenant Aldo moved out.

New York View count: 180

Thor Buys Back 470 Broadway At Discount After Losing It To Lender

Jul 24, 2023 | Ciara Long, New York City

New York Retail

Starwood Capital Chairman Barry Sternlicht speaking at a Bisnow event in 2018.

National View count: 80

Barry Sternlicht: ‘Category 5 Hurricane' Has Come For Commercial Real Estate

Jul 21, 2023 | Ciara Long, New York City

National Commercial Real Estate

Walker & Samuels’ 315 West 36th St., whose 9 stories of office have been transferred to special servicing after WeWork stopped paying rent for the almost 135K SF it leased.

New York View count: 99

Landlord Defaults On Garment District Loan After WeWork Vacates 135K SF

Jul 19, 2023 | Ciara Long, New York City

New York Office

Adler & Stachenfeld's Danielle Ashe, RXR's Eric Clement, Tishman Speyer's Jonathan Flaherty and Mazars' Phuong Gomard on stage at Bisnow's 2023 National Sustainability and ESG Conference.

National View count: 91

‘2040 Is Tomorrow’: How Builders, Investors Are Getting More Serious About Slashing Emissions

Jul 18, 2023 | Ciara Long, New York City

National Sustainability

New York View count: 51

This Week’s N.Y. Deal Sheet

Jul 18, 2023 | Ciara Long, New York City

New York Deal Sheet

New York View count: 63

Midweek Manhattan Office Visits At 70% Of Pre-Pandemic Levels

Jul 17, 2023 | Ciara Long, New York City

New York Office

National View count: 76

Rate Of Office Loans Landing Extensions, Modifications Soars

Jul 14, 2023 | Ciara Long, New York City

National Capital Markets

106 Court St., formerly home to the Regal/United Artists Theater, has seen its value drop dramatically in a recent appraisal.

New York View count: 301

Value Slashed By Almost 90% At Vacant Brooklyn Retail Property

Jul 13, 2023 | Ciara Long, New York City

New York Retail

New York View count: 55

Rising Rents, Diminishing Availability In Manhattan’s Retail Corridors

Jul 12, 2023 | Ciara Long, New York City

New York Retail

Tishman Speyer and Silverstein Properties' 11 West 42nd St., where lenders provided a $330M debt package to refinance the property.

New York View count: 114

This Week’s N.Y. Deal Sheet

Jul 11, 2023 | Ciara Long, New York City

New York Deal Sheet

The Chicago Office Building At 175 West Jackson Blvd. Has Been Put Up For Sale By Its Special Servicer.

National View count: 88

$103B In CMBS Loans Maturing This Year To Test 'Extend And Pretend'

Jul 7, 2023 | Ciara Long, New York City

National Capital Markets

New York View count: 82

New High Set For Manhattan Office Vacancy As Leasing Slump Drags On

Jul 6, 2023 | Ciara Long, New York City

New York Office

New York View count: 77

Bankrupt MediaMath Looks To Reject 100K SF World Trade Center Lease

Jul 5, 2023 | Ciara Long, New York City

New York Office

Landlord Groups Are Hopeful That The U.s. Supreme Court, With Its Current Conservative Majority, Will Consider Its Case Next Year.

National View count: 89

NAR, NAA Among Groups Pushing For Supreme Court To Strike Down Rent Control

Jul 4, 2023 | Ciara Long, New York City

National Multifamily

Green Holland Management's Adan Elias Kornfeld, Blackstone's Ryan Ingle, Realterm's Ben Andreycak, CBRE Investment Management's Mary Lang and JLL's Marc Duval on stage at Bisnow's 2023 Northeast Industrial and Logistics event.

New York View count: 120

'Power Is The New Parking': What Companies Want Most In Their Industrial Space Is Rapidly Shifting

Jul 4, 2023 | Ciara Long, New York City

New York Industrial

National View count: 90

U.S. Regulators Tell Lenders To Work With Stressed CRE Borrowers

Jun 30, 2023 | Ciara Long, New York City

National Commercial Real Estate

A $170M foreclosure case against Gaw Capital Partners' Standard High Line Hotel is no longer being pursued by its lenders.

New York View count: 107

Standard High Line Hotel’s $170M Foreclosure Suit Dropped

Jun 29, 2023 | Ciara Long, New York City

New York Hotel

The site of the proposed senior LGBTQ+ housing development has faced years of opposition from nonprofits, who have maintained the public Elizabeth Street Garden space since the 1990s.

New York View count: 59

City Can Replace Beloved Park Near SoHo With Senior Housing, Judge Rules

Jun 28, 2023 | Ciara Long, New York City

New York Affordable Housing

The Paragon Building in Long Island City, Queens, which Related Co. sold to lender BrightSpire Capital this week to avoid facing a foreclosure.

New York View count: 88

This Week’s N.Y. Deal Sheet: Lender Takes Over Related's LIC Office Building

Jun 27, 2023 | Ciara Long, New York City

New York Deal Sheet

A rendering of the Avenir, Silverstein Properties' proposed 1.8M SF casino and entertainment complex on 41st Street and 11th Avenue.

New York View count: 65

Silverstein Tosses Chips Into NYC Casino Race With 1.8M SF West Side Proposal

Jun 23, 2023 | Ciara Long, New York City

New York Economic Development

A rendering of the base of The Orchard, BLDG's planned 69-story Long Island City luxury residential tower.

New York View count: 91

Long Island City’s Tallest Apartment Tower Scores $425M Construction Loan

Jun 22, 2023 | Ciara Long, New York City

New York Multifamily

National View count: 54

HUD Offers Multifamily Owners $4.8B For Green Retrofits

Jun 22, 2023 | Ciara Long, New York City

National Multifamily

A street level view of The Aire, A&R Kaliman Realty's 43-story luxury residential tower — where a $195.8M loan has now been transferred to a special servicer.

New York View count: 70

Luxury Upper West Side Apartments Head To Special Servicing

Jun 21, 2023 | Ciara Long, New York City

New York Multifamily

Tenant demonstrators attended the New York City Rent Guidelines Board hearing June 21, loudly calling for the board to freeze or reduce stabilized rents.

New York View count: 65

Rent Guidelines Board Limits Hikes To 3% In Contentious Final Hearing

Jun 21, 2023 | Ciara Long, New York City

New York Multifamily

The Olayan Group's 550 Madison Ave., where private equity group Clayton Dubilier & Rice signed a 144K SF lease this week.

New York View count: 56

This Week’s N.Y. Deal Sheet

Jun 20, 2023 | Ciara Long, New York City

New York Deal Sheet

National View count: 47

Student Loan Payments Could Slow Retail’s Victory Lap

Jun 16, 2023 | Ciara Long, New York City

National Retail

32BJ SEIU members rallied in Manhattan on Thursday afternoon for higher wages and improved benefits for NYC's union janitors.

New York View count: 67

NYC Custodians Prepare To Fight Office Owners For Wage Increases

Jun 15, 2023 | Ciara Long, New York City

New York Office

A 2019 Photo Of The Broadway Trade Center.

New York View count: 397

Judges Rule WeWork's First Investor Should Pay $100M To Goldman Sachs, Starwood

Jun 15, 2023 | Ciara Long, New York City

New York Commercial Real Estate

28-90 Review Ave., in Long Island City, where Innovo scored a $345M financing package this week for its industrial development.

New York View count: 67

This Week’s N.Y. Deal Sheet

Jun 13, 2023 | Ciara Long, New York City

New York Deal Sheet

Cain International CEO Jonathan Goldstein

New York View count: 103

Cain International Expands U.S. Reach, Buys $1.2B Of New York CRE Loans

Jun 12, 2023 | Ciara Long, New York City

New York Capital Markets

A two-story parking garage at in Greenwich Village, located at 160 West 10th St., where the NYC DOB issued a partial order to vacate after insepectors found damage to supporting steel girders and wooden joists, sheet metal handing from the ceiling and risk of ceiling collapse in several places among other violations.

New York View count: 81

The EV Push Adds Grave Weight To New York City's Garage Collapse Concerns

Jun 12, 2023 | Ciara Long, New York City

New York Sustainability

Factory construction spending has more than doubled in the U.S. over the past year.

National View count: 57

U.S. Factory Construction Spending Has Doubled Since Last Year

Jun 9, 2023 | Ciara Long, New York City

National Industrial

The view of the New York City skyline from Hoboken on Wednesday, June 7, 2023.

New York View count: 52

No Pause In Construction Despite NYC Having World's Worst Air Quality

Jun 8, 2023 | Ciara Long, New York City

New York Construction & Dev

The empty lot at 250 Water St., where an appellate judge has given developer Howard Hughes Corp. permission to move ahead with a 399-unit residential building.

New York View count: 60

Appeals Court Rules Howard Hughes' Seaport Tower Can Go Forward, Overturning Previous Court Rejection

Jun 7, 2023 | Ciara Long, New York City

New York Multifamily

The Hotel @ Times Square, located at 59 West 46th St., will now be operated by LuxUrban Hotels following a 35-year master lease agreement.

New York View count: 290

LuxUrban Hotels Picks Up 2 More Shuttered NYC Hotels

Jun 6, 2023 | Ciara Long, New York City

New York Hotel

New York View count: 99

This Week’s N.Y. Deal Sheet

Jun 6, 2023 | Ciara Long, New York City

New York Deal Sheet

Herrick Feinstein's Mitch Korbey, Downtown Brooklyn Partnership's Regina Myer, NYC EDC's Sabrina Lippman, Bedford-Stuyvesant Restoration Corporation's Blondell Pinnock and Ariel Property Advisors' Sean Kelly on stage at Bisnow's 2023 Brooklyn State Of The Market event.

New York View count: 147

Brooklyn’s Next Hot Rental Development Markets Are Its Overlooked Waterfronts

Jun 5, 2023 | Ciara Long, New York City

New York Neighborhood

The Tice's Corner Apple Store, in Woodcliff Lake, NJ, is one of the last remaining stores with Apple's previous black storefront, Bloomberg reports. The store is due a makeover next year, updating it to match Apple's other stores.

National View count: 133

Apple Plans Major Retail Real Estate Effort With New Stores, Relocations

Jun 2, 2023 | Ciara Long, New York City

National Retail

Poppin's Meredith Zenkel on stage at Bisnow's Brooklyn State Of The Market event, with Rubenstein Partners' Joseph Zuber, WeWork's Johnny Messina, Lisa Management's Jorge Jorge and Brookfield Properties' Jesse Cooperman.

New York View count: 59

Coworking Spaces In Luxury Apartments Offer Latest Test For Downtown Offices

Jun 1, 2023 | Ciara Long, New York City

New York Multifamily

Douglaston Development's rendering for 1057 Atlantic Ave., which may be one of the last properties built using the now-expired 421-a tax break.

New York View count: 72

Douglaston Acquires Bed-Stuy Site, Lands $185M Loan To Start Construction

May 31, 2023 | Ciara Long, New York City

New York Multifamily

31 Prince St., one of three properties owned by Veracity Equities that will be sent to auction following a judge's order and a 121-day-long default on loan payments.

New York View count: 77

3 Nolita Rental Buildings Up For Auction After Lender Forecloses

May 31, 2023 | Ciara Long, New York City

New York Multifamily

Empire State Realty Trust's 1333 Broadway, where nonprofit human services organization Rising Ground signed for 30K SF this week.

New York View count: 54

This Week’s N.Y. Deal Sheet

May 30, 2023 | Ciara Long, New York City

New York Deal Sheet

The $70M development site in Rego Park, Queens, bought by developer Chris Xu from Vornado at a 16% discount.

New York View count: 61

Vornado Sells Queens Site To Skyline Tower Developer For $15M Discount

May 26, 2023 | Ciara Long, New York City

New York Multifamily

The shore of Priest Lake, Idaho, which is fed by the surrounding creeks and wetlands — some of which are no longer protected under the Clean Water Act, following a SCOTUS ruling from Thursday.

National View count: 56

Supreme Court Clears Way For More Development In Wetlands

May 26, 2023 | Ciara Long, New York City

National Commercial Real Estate

Jessica Katz and Mayor Eric Adams in December 2022.

New York View count: 48

New York City's Chief Housing Officer To Resign

May 24, 2023 | Ciara Long, New York City

New York Multifamily

61 Broadway In Manhattan's Financial District, Seen In July 2022

New York View count: 115

RXR Defaults On 790K SF Office Tower As Lender Looks To Offload $240M Loan

May 24, 2023 | Ciara Long, New York City

New York Office

195 Broadway, where digital media startup signed a 42K SF lease this week.

New York View count: 55

This Week’s N.Y. Deal Sheet

May 23, 2023 | Ciara Long, New York City

New York Deal Sheet

GFP's Jeff Gural bids outside the New York County Courthouse at the Tuesday afternoon auction for the Flatiron Building.

New York View count: 104

Flatiron Building Sold At Second Auction For $161M

May 23, 2023 | Ciara Long, New York City

New York Office

New York View count: 97

Wall Of NYC Multifamily Maturities Forcing More Sellers To Market, Where Buyers Eagerly Await

May 11, 2023 | Ciara Long, New York City

New York Multifamily

Independence Towers, a public housing project in Brooklyn where Omni New York was part of a team tapped to renovate and manage the towers.

New York View count: 349

Nuveen Acquires Former MLB Star's Affordable Housing Firm And Its 12,000-Unit Portfolio

May 10, 2023 | Ciara Long, New York City

New York Affordable Housing

The Flatiron Building is heading back to auction later this month — and before it does, its current owners are suing the investor who outbid them in March.

New York View count: 110

Flatiron Building Owners Sue Auction Winner Jacob Garlick Over $19M Deposit He Never Paid

May 9, 2023 | Ciara Long, New York City

New York Office

600 Third Ave., a Class A office and retail property where BlackRock Realty Advisors and L&L Holding Company got a $160M loan from Crédit Agricole CIB and Landesbank Baden-Württemberg this week.

New York View count: 75

This Week’s N.Y. Deal Sheet

May 9, 2023 | Ciara Long, New York City

New York Deal Sheet

Macerich's Arden Fair mall in Sacramento, California. Malls are one of the retail assets that are still recovering more slowly than other types of retail locations, especially if facing refinancing deadlines. Macerich's Arden Fair mall in Sacramento, California.

National View count: 70

Bankruptcies, Bank Failures Haven't Dented Retail Real Estate's Recovery Just Yet

May 8, 2023 | Ciara Long, New York City

National Retail

Malik Yoba on site during construction in West Baltimore, with project partner Ian Arias of La Cité development.

New York View count: 103

Weekend Interview: Actor And Developer Malik Yoba On Making CRE Work For The Many, Not The Few

May 5, 2023 | Ciara Long, New York City

New York Commercial Real Estate

Glenwood Management's luxury condo building at 1930 Broadway, across from the Lincoln Center in Manhattan, has installed carbon capture systems as it attempts to cut its carbon footprint ahead of Local Law 97 implementation next year.

New York View count: 68

Carbon Capture Tech Can Cut NYC Buildings' Emissions, But Not Their Local Law 97 Fines

May 5, 2023 | Ciara Long, New York City

New York Sustainability

Michelle MacKay will take over as Cushman & Wakefield's next CEO, effective July 1, 2023.

National View count: 83

New CEO Named At Cushman & Wakefield, Forrester to Retire

May 4, 2023 | Ciara Long, New York City

National Commercial Real Estate

Manhattan District Attorney Alvin Bragg at a press conference in February 2023.

New York View count: 74

Contracting Firms, Executives Indicted In Construction Fraud Scheme

May 4, 2023 | Ciara Long, New York City

New York Construction & Dev

A Park Slope parking garage located at 429 12th St. where the NYC DOB found “structurally corroded and xtensively corroded slab beams and columns" in a sweep following the collapse of the garage in FiDi last month.

New York View count: 89

‘Everybody Is On High Alert’: Fatal Garage Collapse Raises Scrutiny On NYC’s Parking Owners

May 3, 2023 | Ciara Long, New York City

New York Commercial Real Estate

Kamber Management Company’s Tower 45, located at 120 West 45th St., signed 36K SF across multiple leases this week.

New York View count: 43

This Week’s N.Y. Deal Sheet

May 2, 2023 | Ciara Long, New York City

New York Deal Sheet

New York View count: 33

NYC Creates $15M Fund For New Passive House Developments

May 1, 2023 | Ciara Long, New York City

New York Multifamily

Louis Vuitton's current corner spot at at 727 Fifth Ave., and the adjacent lot it currently leases to Hublot, will reportedly be demolished for the luxury fashion house's new flagship store.

New York View count: 109

Louis Vuitton Planning To Redevelop Fifth Avenue Store Into Flagship Building

Apr 28, 2023 | Ciara Long, New York City

New York Retail

Gov. Kathy Hochul at a press conference Thursday evening, where she announced that she has reached a budget agreement with New York State lawmakers.

New York View count: 44

Natural Gas Ban, Rental Assistance Funding In, Housing Out Of $229B State Budget Deal

Apr 28, 2023 | Ciara Long, New York City

New York Economy

Vornado is one of the largest office owners in New York City, with a portfolio including Amazon's inaugural headquarters at 7 West 34th St., per Vornado's website.

New York View count: 88

Vornado Suspends Dividend Payouts Through 2023, Eyes Asset Sales

Apr 27, 2023 | Ciara Long, New York City

New York Office

New York View count: 61

SL Green Nets $500M Refinancing Deal For Third Avenue Tower

Apr 27, 2023 | Ciara Long, New York City

New York Office

Adler & Stachenfeld's Eric Menkes on stage at Bisnow's 2023 national retail event with Van Leeuwen Ice Cream CEO and Co-founder Ben Van Leeuwen and Chipotle Lead Real Estate Manager Lori Pellegrino.

National View count: 164

Retail’s New Normal Delivers New Wrinkles In Lease Terms, Negotiations

Apr 26, 2023 | Ciara Long, New York City

National Retail

Former NYC Transit Authority President Andy Byford and Jimmy Oddo on board one of several new buses in a fleet being introduced to Staten Island during Oddo's tenure as Borough President.

New York View count: 42

Former Staten Island Borough Prez Named New Department Of Buildings Chief

Apr 26, 2023 | Ciara Long, New York City

New York Construction & Dev

265 East 66th St., the Lenox Hill property sold by the Soloviev Group to GO Partners this week for $425M.

New York View count: 74

This Week's N.Y. Deal Sheet

Apr 25, 2023 | Ciara Long, New York City

New York Deal Sheet

New York View count: 152

Columbia University Is Still One Of NYC’s Largest Landowners

Apr 24, 2023 | Bisnow Staff

New York Land

Ciara Long

Articles by Ciara Long

This Week’s N.Y. Deal Sheet

22 Years After 9/11, Organization Formed To Rebuild Lower Manhattan Set To Fade Away

Flexport Looks To Ditch Offices 'Around The World' After CEO Shake-Up

Private Equity Firm Scoops Up $106M Loan On New Yorker Hotel

Silverstein Lands HQ Of Tech-Oriented Trading Firm At 120 Broadway

This Week’s N.Y. Deal Sheet

Keller Williams Execs Hit With Another Racketeering Suit

Judge: Dispute Over Unfinished Seaport Condo Tower Caused 'Exponential Devaluation'

Blackstone Sells Manhattan Multifamily Portfolio, Evading Foreclosure

This Week’s N.Y. Deal Sheet

NYC's Unlicensed Cannabis Stores Expose Banks, Landlords To Legal Liability

Retailers Flash Warning Signs That Consumer Spending Might Be Waning

NYC Officials, Developers Scrambling For New Mechanisms To Build Affordable Housing

MCR Pays $180M For Gramercy Park Hotel Ground Lease, Continuing NYC Buying Spree

'We've Lost Individuals, We've Lost Dollars': How NIMBYism Is Stunting Long Island's Growth

Foreclosure Sought On $750M Loan For 20 Times Square

This Week’s N.Y. Deal Sheet

Judge Issues New Block On New York's Cannabis Retail License Program, Leaving Industry 'Disheartened'

America’s Largest Hospital Landlord In Turmoil As Losses Mount, Key Deal Held Up By Regulator

New York Cannabis Retailers, Landlords Left In The Lurch After Judge Blocks License Rollout

New York City Launches New Office-To-Resi Accelerator, Plan To Rezone Midtown

This Week’s N.Y. Deal Sheet

Lower Manhattan University To Shutter, Leaving Fate Of $50M Office Loan In The Air

Ikea Affiliate Partners With Industrious To Launch U.S. Coworking Business

As Migrant Crisis Spirals, A 1,300-Room Hotel Serving As A Shelter Is Fighting Off Foreclosure

NoMad Ritz-Carlton Sells Out Condo Units Thanks To Airbnb Workaround

This Week’s N.Y. Deal Sheet

Life Sciences' Real Estate Predicament: Too Much New Space, Not Enough Of The Right Kind

5 World Trade Center, With More Affordable Housing, Gets Signoff From Hochul

Investments In Nontraded REITs Up 39%, But Still Far Outpaced By Withdrawals

License Holders' Frustrations With New York's Sluggish Retail Cannabis Rollout Are Boiling Over

This Week’s N.Y. Deal Sheet

Thor Buys Back 470 Broadway At Discount After Losing It To Lender

Barry Sternlicht: ‘Category 5 Hurricane' Has Come For Commercial Real Estate

Landlord Defaults On Garment District Loan After WeWork Vacates 135K SF

‘2040 Is Tomorrow’: How Builders, Investors Are Getting More Serious About Slashing Emissions

This Week’s N.Y. Deal Sheet

Midweek Manhattan Office Visits At 70% Of Pre-Pandemic Levels

Rate Of Office Loans Landing Extensions, Modifications Soars

Value Slashed By Almost 90% At Vacant Brooklyn Retail Property

Rising Rents, Diminishing Availability In Manhattan’s Retail Corridors

This Week’s N.Y. Deal Sheet

$103B In CMBS Loans Maturing This Year To Test 'Extend And Pretend'

New High Set For Manhattan Office Vacancy As Leasing Slump Drags On

Bankrupt MediaMath Looks To Reject 100K SF World Trade Center Lease

NAR, NAA Among Groups Pushing For Supreme Court To Strike Down Rent Control

'Power Is The New Parking': What Companies Want Most In Their Industrial Space Is Rapidly Shifting

U.S. Regulators Tell Lenders To Work With Stressed CRE Borrowers

Standard High Line Hotel’s $170M Foreclosure Suit Dropped

City Can Replace Beloved Park Near SoHo With Senior Housing, Judge Rules

This Week’s N.Y. Deal Sheet: Lender Takes Over Related's LIC Office Building

Silverstein Tosses Chips Into NYC Casino Race With 1.8M SF West Side Proposal

Long Island City’s Tallest Apartment Tower Scores $425M Construction Loan

HUD Offers Multifamily Owners $4.8B For Green Retrofits

Luxury Upper West Side Apartments Head To Special Servicing

Rent Guidelines Board Limits Hikes To 3% In Contentious Final Hearing

This Week’s N.Y. Deal Sheet

Student Loan Payments Could Slow Retail’s Victory Lap

NYC Custodians Prepare To Fight Office Owners For Wage Increases

Judges Rule WeWork's First Investor Should Pay $100M To Goldman Sachs, Starwood

This Week’s N.Y. Deal Sheet

Cain International Expands U.S. Reach, Buys $1.2B Of New York CRE Loans

The EV Push Adds Grave Weight To New York City's Garage Collapse Concerns

U.S. Factory Construction Spending Has Doubled Since Last Year

No Pause In Construction Despite NYC Having World's Worst Air Quality

Appeals Court Rules Howard Hughes' Seaport Tower Can Go Forward, Overturning Previous Court Rejection

LuxUrban Hotels Picks Up 2 More Shuttered NYC Hotels

This Week’s N.Y. Deal Sheet

Brooklyn’s Next Hot Rental Development Markets Are Its Overlooked Waterfronts

Apple Plans Major Retail Real Estate Effort With New Stores, Relocations

Coworking Spaces In Luxury Apartments Offer Latest Test For Downtown Offices

Douglaston Acquires Bed-Stuy Site, Lands $185M Loan To Start Construction

3 Nolita Rental Buildings Up For Auction After Lender Forecloses

This Week’s N.Y. Deal Sheet

Vornado Sells Queens Site To Skyline Tower Developer For $15M Discount

Supreme Court Clears Way For More Development In Wetlands

New York City's Chief Housing Officer To Resign

RXR Defaults On 790K SF Office Tower As Lender Looks To Offload $240M Loan