Deals & DealmakersFeatured NYC landlords condemn call to cancel rents REW November 13, 2020 November 13, 2020 by REWNovember 13, 2020November 13, 20204661 RSA accused senator of trying to defund landlords and send the city into an abyss of unprecedented economic devastation.
FeaturedResidential Manhattan rents fall $500 a month REW November 13, 2020 November 13, 2020 by REWNovember 13, 2020November 13, 20203665 Rent drop creates surge in leasing, but will it be enough to absorb 16,000 empty Manhattan apartments?
Debt & EquityFeatured ESRT closes on $180M loan for midtown tower REW November 13, 2020 November 13, 2020 by REWNovember 13, 2020November 13, 20202409 Estreich & Company arranged refi for 250 West 57th Street
Deals & DealmakersFeatured Renaissance buys another LI multifamily property REW November 12, 2020 November 12, 2020 by REWNovember 12, 2020November 12, 20204901 NJ-based investor planning 'substanial upgrades' to 656-unit Devonshire Hills, which last traded for $171M
Deals & DealmakersFeatured Danny Meyer to open 70,000 s/f commissary at Industry City REW November 12, 2020 November 12, 2020 by REWNovember 12, 2020November 12, 20204420 New York restaurateur will include an incubator for up-and-coming chefs and dining concepts
Deals & DealmakersFeatured New York takes $1.4B tax hit as real estate sales dry up REW November 12, 2020 November 12, 2020 by REWNovember 12, 2020November 12, 20202604 Year-over-year investment and residential sales volume has declined 34 percent
FeaturedRetail Winter is coming and NYC restaurants are feeling the chill REW November 12, 2020 November 12, 2020 by REWNovember 12, 2020November 12, 20203484 As state imposes more restrictions, restaurants and bars face bleak future
Deals & DealmakersFeatured Bridge Development signs 300,000 s/f NJ industrial lease REW November 12, 2020 November 12, 2020 by REWNovember 12, 2020November 12, 20203163 NAI DiLeo-Bram & Co. brokered the long-term lease at on behalf of a furniture manufacturer relocating from Edison, NJ.
Deals & DealmakersFeatured Coliving market keeping pace despite COVID REW November 12, 2020 November 12, 2020 by REWNovember 12, 2020November 12, 20204284 Cushman & Wakefield report finds demand still strong for shared living spaces in core markets
Construction & DesignFeatured Endurance, Cabot start work on NJ warehouse development REW November 11, 2020 November 11, 2020 by REWNovember 11, 2020November 11, 20203595 56.6 acre site was acquired in a deal brokered by JLL and Newmark.