Deals & Dealmakers

Shovel-ready Queens site a big first for seniors

A former Far Rockaway gas station is being converted into affordable homes for New York’s senior citizens. Mayor Bill de Blasio last week helped Arker Companies break ground on what is the first project under the City’s new $350 million program...

Mack-Cali leases 1.4M s/f during 2Q

Mack-Cali Realty Corporation announced that it leased 1,377,100 s/f portfolio wide during the second quarter. Over 360,000 s/f was leased at its office and office/flex commercial real estate properties in Westchester County in New York and Fairfield...

Simone signs first big deal at Boyce Thompson

In its first major lease at the Boyce Thompson Center under construction in Yonkers, Simone Development Companies has announced that St. John’s Riverside Hospital has signed a 15,000 s/f lease for medical offices at the mixed-use complex. St....

Photo by Celynek/ Flickr

As rents reach new high, tenants strike back

Citi Habitats released its Manhattan rental market analysis for July 2015 today. The report found that the market was a “mixed bag” during the month, which is relatively unusual for this time of year. Typically, conditions are firmly in the...

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