New York & Tri-State CRE News In Your Inbox. Sign up for Connect emails to stay informed with CRE stories that are 150 words or less. hbspt.forms.create({ portalId: "6064756", formId: "369e3eb8-96f2-4114-a4db-f7c9aff3e067" }); More New York & Tri-State Stories More Stories Warning: Undefined variable $propertysector in /var/www/html/wp-content/themes/connect/hubpage.php on line 899 Warning: Undefined variable $propertysector in /var/www/html/wp-content/themes/connect/hubpage.php on line 972 Warning: Undefined variable $market in /var/www/html/wp-content/themes/connect/hubpage.php on line 972 Warning: Undefined variable $propertysector in /var/www/html/wp-content/themes/connect/hubpage.php on line 1252 Warning: Undefined variable $market in /var/www/html/wp-content/themes/connect/hubpage.php on line 1252 Hone your competitive edge today with Connect Classroom, an accredited online Continuing Education provider offering CRE focused courses you can take on demand. Earn the credit you need with engaging, thoughtfully designed courses for commercial real estate brokers, appraisers, lenders, architects, and lawyers from a news source you already know and trust. Courses available now Explore courses Continuing Education Architect Courses We work with the industry's leading subject matter experts to create quality architect CEU courses from the ground up. Continuing Education Attorney Courses We provide quality CLE that is both easy and convenient to complete, backed with the best customer experience possible. Continuing Education Broker Courses Whether you’re starting a new career or skilling up, we have certified online courses for Real Estate Agents and Brokers. Connect CRE & Industry Events Load MoreMore Events Companies achieve great success when aligned around a common goal and brand story. The experts integrated into our team at Connect Creative span every marketing and communications discipline and channel, encompassing skilled graphic designers, public relations leaders, copy writers, content producers, digital wizards, and website developers. A collaborative approach brings out your company’s stories that are shaped and crafted with the perfect visual, the right words and in the most dynamic way. Connect with Creative Latest Downtown New York Stories Meta is Taking Additional 300K sf at 770 Broadway New York & Tri-State + Downtown New York + Office | April 14, 2022 Facebook’s parent company Meta is taking up more real estate space in Manhattan, giving the office market a much needed boost as the sector struggles post COVID. Bloomberg News says that Meta is leasing 300,000 sf of additional space at 770 Broadway in the East Village. Meta already has space in the building that the … WeWork Partners with Yardi to Offer Platform for Flexible Workplace Strategies New York & Tri-State + Downtown New York + Office | April 13, 2022 Global flexible space provider We Work Inc. is partnering with Yardi, a provider of real estate software, to accelerate speed to market and deliver more enhanced capabilities to the WeWork Workplace product. By partnering, the two organizations will provide companies of all sizes with a universal platform for powering and optimizing flexible workplace strategies. The … Latest Fairfield/Westchester Stories Empire State Realty Trust in Major New Solar Project at Harrison, NY Property New York & Tri-State + Fairfield/Westchester + Office | April 9, 2022 Empire State Realty Trust (ESRT) has announced plans for a community solar project at its 287,351-square- foot office property at 500 Mamaroneck Avenue in Harrison, N.Y. The property improvement will serve as a new revenue source, contracted for the next 25 years, with approximately forty percent of the monetary credits generated by the project allocated … CBRE Team Spearheads Leasing at Two-Building Stamford Complex New York & Tri-State + Fairfield/Westchester + Office | March 29, 2022 CBRE has been named leasing agent at 200 Elm St. and 695 East Main, a 560,000-square-foot transit-oriented, two-building office complex in Stamford, CT that was recently acquired by A.M. Property Holdings. The CBRE team of Brian Carcaterra, Sheera Riemer, Steven Greenbush and Joe Weaver spearhead the leasing campaign at the property, which recently underwent a … Connect TeamEmily LettieriVice PresidentDaniel CenicerosCEOJennifer LloydCreative DirectorView AllOur ValuesWe understand that we have different backgrounds, ethnicities, experiences, and geographies, and these differences are what make us unique and bring a variety of perspectives that will shine through.Minority SplitGender SplitLearn More Latest Long Island Stories Suffolk County Industrial Sells with Different Use Opportunities New York & Tri-State + Long Island + Industrial | April 7, 2022 ERG Commercial Real Estate closed the sale of a Bohemia, NY industrial flex building for the asking price of $1.5 million. The 5,688-square-foot building at 1589 Lakeland Ave. in this Suffolk County community sold for $263 per square foot. The site sits on a 1.1-acre lot with an outside parking lot with 30 spaces. It is zoned for office or industrial … Bridge Industrial Names New York Market Officer New York & Tri-State + Long Island + Industrial | February 9, 2022 Bridge Industrial has promoted Andrew Hurwitz to market officer, New York region. Hurwitz will lead all aspects of development and acquisition across New York’s five boroughs and Western Long Island. Hurwitz will also be charged with opening and growing Bridge’s first New York office. “In his short time here at Bridge, Andrew has achieved so … Latest Midtown New York Stories JP Morgan Chase Unveils Plans for its New Park Ave, 60-Story Headquarters New York & Tri-State + Midtown New York + Office | April 14, 2022 JP Morgan Chase has unveiled the design for its new state-of-the-art global headquarters at 270 Park Avenue, reinforcing its commitment to New York City, JP Morgan Chase said in a press release. The 1,388-foot, 60-story skyscraper – designed by Foster + Partners – will be New York City’s largest all-electric tower with net zero operational … Marcus & Millichap Duo Takes Top Honors at REBNY’s Annual Most Ingenious Deal Awards New York & Tri-State + Midtown New York + Finance | April 14, 2022 New York City commercial brokerage leaders came together on April 13 to honor winners of the Real Estate Board of New York (REBNY)’s Sales Brokers Most Ingenious Deal of the Year Awards. The co-chairs of the sales broker committee, Woody Heller of Branton Realty and Michael Rudder of Rudder Property Group, presented the following awards at the in-person event at Convene, 117 W. 46th St. … Latest New Jersey Stories JLL Chosen as Exclusive Agent for the New Harborview Logistics Center in Bayonne, NJ New York & Tri-State + New Jersey + Industrial | April 13, 2022 JLL has been retained by Delta Equity Management, LLC, and SWL Urban Renewal, LLC as exclusive leasing agent for Harborview Logistics Center, a newly-developed 195,723 square foot, state-of-the-art industrial development in Bayonne, N.J. Construction is already underway, and the development is scheduled for delivery in September, 2022. Located at 71 New Hook Access Rd. near the former Marine … JLL Arranges $29M Financing for Jersey City Multifamily New York & Tri-State + New Jersey + Finance | April 11, 2022 JLL Capital Markets has arranged $28.5 million in permanent financing for The Ashton, a 93-unit, six-story, Class A apartment community in Jersey City. JLL worked on behalf of the borrower, Normandy Opportunity Zone Fund, LP, a closed-end, fully discretionary investment fund managed by Columbia Property Trust, to secure the 10-year, interest-only, fixed-rate, loan through Morgan … Latest New York Stories Buffalo Bills Set to Build Stadium as Public Funding Falls into Place New York & Tri-State + New York + Finance | April 11, 2022 New York Gov. Kathy Hochul has reached a deal with the state legislative leadership for a state budget that includes $600 million for a new stadium for the NFL Buffalo Bills football team, getting the deal done in the face of strong opposition, according to Bloomberg News. Including $250 million from Erie County, the total … NY State Housing Inventory Reaches 15-Year Low New York & Tri-State + New York + Finance | February 22, 2022 Inventory of homes for sale in New York State dropped to historically low rates in the beginning of 2022 while home prices continue to rise, according to the New York State Association of REALTORS. January’s 30.3% year-over-year decline brought housing inventory to its lowest level since 2007. Median sales prices once again rose, escalating 13.3% … Latest Outer Stories A&E Snaps Up LeFrak Brooklyn Portfolio for $250M New York & Tri-State + Outer + Apartments | April 13, 2022 Cushman & Wakefield has arranged the $250 million sale of a 14-building portfolio comprising 1,217 units in Brooklyn’s Gravesend and Sheepshead Bay neighborhoods, according to people familiar with the transaction. A&E Real Estate acquired the property from LeFrak. Cushman & Wakefield’s Adam Spies, Adam Donegar and Daniel O’Brien brokered the sale, according to sources. Cushman & … Signature Bank Provides Acquisition Finance for Brooklyn Rental Property New York & Tri-State + Outer + Finance | April 13, 2022 Meridian Capital Group arranged the acquisition financing for the purchase of The Vitagraph multifamily property in Brooklyn, NY on behalf of a partnership between Dermot Company, Principal Real Estate Investors and PGGM. Signature Bank provided the loan. The deal was spearheaded by Joseph E. Fingerman, a Managing Group Director and Senior Vice President at Signature, along with Gregory … Latest Tri-State Stories JLL Arranges Financing for New Jersey Apartment Complex New York & Tri-State + Tri-State + Apartments | April 5, 2022 JLL Capital Markets has arranged $28.48 million in construction financing for 175 Morris St., an 85-unit apartment community located in Morristown, NJ. JLL represented the borrower, The Hampshire Companies, to secure a three-year, fixed-rate construction loan through a correspondent life insurance company. Located at 175 Morris St, the community is less than a five-minute walk … Sol-REIT Closes on Loan for New Jersey Project, Raising $300M New York & Tri-State + Tri-State + Healthcare | March 11, 2022 Sol-REIT, LLC has closed a term loan refinancing of the Inspira solar project in southern New Jersey. With the closing of this loan, Sol-REIT will be moving quickly to execute upon its $300 million and growing loan origination pipeline of construction-to-permanent loan financing opportunities for middle-market solar projects across the United States. Middle-market solar developers … Latest Uptown/Bronx Stories Merchants Capital Provides $104M to Renovate Historic Harlem River Houses New York & Tri-State + Uptown/Bronx + Finance | April 12, 2022 The New York office of Merchants Capital has provided more than $104 million in financing for Harlem River Houses and the adjacent Harlem River II Campus, collectively known as Harlem River Houses I and II, Merchants Capital said in a press release. The New York City Housing Authority property dates back to the 1930s and … Equity Residential Snags $266M in Sale of Luxury Upper West Side Rentals New York & Tri-State + Uptown/Bronx + Apartments | April 10, 2022 A CBRE team led by Darcy Stacom, chairman of NYC Capital Markets, arranged the $266-million sale of a 354-unit luxury rental apartment tower at 140 Riverside Blvd. on Manhattan’s Upper West Side to New York-based apartment investor A&E Real Estate. CBRE represented seller Equity Residential. “140 Riverside Blvd. is a standout in the New York market, …