Extell Files Plans for 86-Story Residential Development at 80 West 67th Street
Extell Development has submitted filing with the New York City Department of Buildings for an 86‑story, 1.2‑million‑square‑foot residential tower at 80 West 67th Street on Manhattan’s Upper West Side. The super‑tall will contain 430 apartments and roughly 25,000 square feet of ground‑level retail. Architect Stephen B. Jacobs Group is listed on the plans, and the project follows Extell’s recent moves to demolish the former Disney‑owned ABC campus nearby. The filing comes as founder Gary Barnett brings Innovo founder Andrew Chung on as co‑CEO to steer the firm’s large‑scale development pipeline.
Insurance Firm SterlingRisk Inks 5K-SF Lease at 2 Grand Central Tower
SterlingRisk Insurance, a New York brokerage, signed a five‑year lease for 5,016 square feet on the 14th floor of 2 Grand Central Tower in Midtown East. The lease, negotiated by Newmark, commands $80 per square foot, a rate that reflects the...
CBRE Earnings Exceed Expectations With Boosts in Leasing, Infrastructure Services
CBRE reported first‑quarter earnings of $1.61 per share, far surpassing the $1.13 consensus and marking a jump from $0.89 a year earlier. Revenue rose 18.6% to $10.53 billion, driven by strong leasing performance and a 52% surge in mortgage‑origination income. The...
Family Office Heyman Enterprise Relocates to 7K SF at 499 Park Avenue
The Heyman Enterprise, the single‑family office managing the Heyman roofing fortune, has signed a 10‑year lease for 6,863 square feet on the 17th floor of 499 Park Avenue. The lease, negotiated by Newmark for the tenant and CBRE for the landlord,...
PCCP Provides $130M Construction Loan for Mott Haven Mixed-Use Project
PCCP has extended a $130 million construction loan to a joint venture between Shorewood Real Estate Group and Bogopa Enterprises for The 360, a 13‑story mixed‑use tower in the Bronx’s Mott Haven neighborhood. The project will deliver 304 apartments—228 market‑rate and 76...
HR Tech Firm Kombo Technologies Takes 8K SF at GFP’s 171 Madison Avenue
Kombo Technologies, a platform linking software vendors with HR, payroll and recruiting systems, has signed an 8,400‑square‑foot lease for the entire eighth floor of GFP Real Estate’s 171 Madison Avenue in Midtown South. The two‑year deal is priced at $55...
Law Firm McDermott Will & Schulte Negotiating 150K SF at BXP’s 343 Madison Avenue
McDermott Will & Schulte is negotiating a roughly 150,000‑square‑foot lease at BXP’s upcoming 343 Madison Avenue tower, which would occupy six of the building’s 46 floors. The Midtown tower, a $2 billion, 844‑foot net‑zero project designed by Kohn Pedersen Fox, is...
Life Time to Open 71K-SF Health Club at 83 Wythe Avenue in Williamsburg
Life Time has signed a lease for a 71,000‑square‑foot health club at 83 Wythe Avenue in Williamsburg, Brooklyn. The space is part of Double U Development’s 162,000‑square‑foot, eight‑story building slated to finish in fall 2026. Plans call for a spa‑style...
Chicago Developer Lands $56M to Build Fort Lauderdale Rental
Chicago‑based CedarSt Companies obtained a $56 million construction loan from Amzak Capital Partners to develop a 215‑unit multifamily project at 745 North Andrews Avenue in Fort Lauderdale’s Flagler Village. The development will feature 5,750 sq ft of ground‑floor retail, roughly 33,000 sq ft of resident...
Investcorp Acquires Bicoastal Multifamily and Senior Living Portfolio for $200M
Global alternative investment firm Investcorp announced the acquisition of a 463‑unit residential portfolio in Los Angeles, New York, and New Jersey for roughly $200 million. The deal comprises two senior‑living facilities—148 units in Orange County and 116 units on Long Island—and...
Russian School of Mathematics Signs 3K-SF Lease at Brooklyn’s Paseo on Fifth
The Russian School of Mathematics (RSM) has signed a lease for 3,455 square feet at 120 Fifth Avenue, the mixed‑use Paseo on Fifth development in Park Slope, Brooklyn. This marks RSM’s seventh New York City location and its second in...
IDB Bank Provides $33M Refi for Former Macy’s Repositioning in Rockland County
IDB Bank has provided a $32.8 million refinancing loan to Metropolitan Realty Associates for the former Macy’s site at 5101 Fashion Drive in Nanuet, New York. MRA bought the 218,000‑sq‑ft building in 2018 for $11.2 million and has re‑configured it into a mixed‑use...
H.wood Group Takes 10K SF for New Art Deco Dining Concept at 351 West 14th Street
The H.wood Group has secured a 15‑year lease on roughly 10,000 square feet at 351 West 14th Street in Manhattan’s Meatpacking District. The space will house the brand’s first New York City Lady Delilah supper club, a 1930s Art Deco‑inspired venue that...
In West Palm Beach Real Estate, a Sense of Being on the Cusp
West Palm Beach is rapidly evolving from a seasonal resort town into a financial‑services hub, driven by Stephen Ross’s Related Ross development program. Major Wall Street firms including J.P. Morgan, Goldman Sachs, and Wells Fargo have signed leases in new towers...
Argentic Investment Management Signs 13K-SF Lease at 257 Park Avenue South
Financial services firm Argentic Investment Management has signed a 13,000‑square‑foot lease for the entire 20th floor of the 257 Park Avenue South building in Midtown South. The lease pushes the Art Deco property’s occupancy to 97 % and is described as...
Time Equities Lands $160M to Build Multifamily Dev in Boynton Beach
Time Equities secured a $160 million construction loan from M&T Bank to fund a phase of its Town Square development in Boynton Beach, Florida. The loan will finance an eight‑story, 465‑unit building with 50,000 sq ft of amenities, 6,300 sq ft of retail space, and...
Spear Street Capital Acquires Office Property at 74 Eighth Avenue for $51M
Spear Street Capital, a cross‑border office operator, acquired the 10‑story 74 Eighth Avenue building in Manhattan’s West Village for $50.5 million. The 30,000‑square‑foot property, completed in 2023, includes ground‑floor retail currently occupied by Wells Fargo Bank. The purchase price marks a steep rise...
CRE Loan Spreads Tighten Across Property Sectors
Commercial real‑estate loan spreads have tightened noticeably over the past year, with 10‑year CRE spreads to U.S. Treasurys compressing 12‑18 basis points across the major property types. As of Q1 2026, multifamily loans sit at 154 bps, industrial at 162 bps, retail at...
AI Firm Adaptive Security Subleases BarkBox’s 51K-SF Office at 120 Broadway
AI‑focused cybersecurity firm Adaptive Security is subleasing the 51,220‑square‑foot 12th‑floor office at Silverstein’s Equitable Building (120 Broadway) from subscription‑box company BarkBox. The sublease, brokered by Savills, follows Adaptive Security’s recent $146.5 million Series B round and marks its third office expansion in...
KKR Elevates Joel Traut to Global Head of CRE Lending
KKR Real Estate has expanded its commercial‑real‑estate credit platform from a $400 million seed investment in 2015 to nearly $45 billion in assets under management by the end of 2025. Joel Traut, who built that growth, was promoted to global head of...
Law Firm Robinson+Cole Inks 48K-SF Lease at 100 Park Avenue
Robinson+Cole has signed a 15‑year, 48,451‑square‑foot lease for the entire 16th and 17th floors of SL Green’s 100 Park Avenue, bringing the Midtown East tower to full occupancy. The lease, brokered by Cushman & Wakefield for the landlord and Savills for the tenant, likely reflects...
SoCal Industrial Veteran Benjamin Miller Launches IOS Firm
Benjamin Miller, a veteran of Southern California industrial real estate, has launched Negresco Property Group to build a $100 million‑plus portfolio of industrial outdoor storage (IOS) assets. The firm’s first acquisition is a $20.4 million, 3.15‑acre site near LAX that includes a...
New Empire Corporation in Contract to Buy 4 West 43rd Street for $51M
New Empire Corporation, a midsize residential developer, has signed a contract to purchase the seven‑story office building at 4 West 43rd Street for $51 million. The 72,568‑square‑foot property sits steps from Bryant Park in the heart of Midtown Manhattan, an area...
Concord Wilshire Buys Brian Tuttle’s Bankrupt Palm Beach County Dev Site for $60M
Concord Wilshire purchased the 43‑acre Tuttle Royale site in Royal Palm Beach for $60 million, acquiring it out of Chapter 11 bankruptcy. The developer plans a mixed‑use master‑planned community featuring 401 multifamily units, a 125‑room hotel, an 83,000‑sq‑ft office building, and roughly 427,000 sq ft...
German Bank Helaba Refis Luxury Austin Apartments With $200M Loan
German lender Helaba has provided a $200 million loan to refinance the Residences at 6G, a 348‑unit luxury multifamily component occupying the top 32 floors of Austin’s 66‑story Sixth and Guadalupe tower. The joint venture, led by Kairoi Residential, Lincoln Property...
Streetwear Retailer Clientele to Open 3K-SF Flagship at 200 Bowery
Sneaker and streetwear brand Clientele has secured a 2,700‑square‑foot lease at 200 Bowery in Manhattan’s Nolita district, marking its first New York City storefront. The space, owned by Long Kai Enterprises, carries an asking rent of $120 per square foot, though...
CSC Real Estate Secures $108M Construction Loan for Conversion at 770 Second Avenue
CSC Real Estate obtained a $108 million construction loan from SCALE Lending to convert the 18‑story 770 Second Avenue office building in Manhattan’s Murray Hill into residential use. The firm bought the property for $52 million in April 2025 and plans to...
Union Square Retail Occupancy Surpasses 91% in Q1 2026: Report
Union Square’s retail occupancy climbed to 91.4% in the first quarter of 2026, edging up from 91% at year‑end 2025. The district added 27,000 square feet of new leases, driven largely by food‑and‑beverage concepts and the grand opening of Uniqlo’s...
Trump Administration Releases Second Avenue Subway Funding
The Trump administration released $58 million of federal funds that had been withheld for seven months, allowing the Metropolitan Transportation Authority to move forward with Phase 2 of the Second Avenue Subway extension. The release clears the way for the MTA to...
Walmart to Revamp Dozens of Florida Locations Into ‘Stores of the Future’
Walmart announced it will remodel 58 stores across Florida in 2024, including more than 20 in South Florida, as part of its nationwide "store of the future" rollout. The upgrades will feature wider aisles, enhanced lighting, modern signage, and private...
Developer Files Plans to Build 34-Unit Multifamily Property in Kingsbridge Heights
A developer named Darion Vilajeti has filed plans with the NYC Department of Buildings to replace an existing two‑story structure in Kingsbridge Heights with a six‑story, 34‑unit multifamily tower covering 22,210 sq ft. The design, led by C2B Architects’ Chad Firmstone, will...
Apollo Global Management Platform Company Inks 50K-SF Lease at 590 Madison Avenue
Apollo Global Management’s platform subsidiary signed a 10‑year lease for nearly 50,000 square feet across the 14th and 15th floors of 590 Madison Avenue. The lease, priced north of $120 per square foot, adds to Apollo’s earlier 100,000‑square‑foot commitment in...
Adam America Real Estate Hires David Brickman as CEO
Adam America Real Estate, a New York‑based multifamily developer, appointed David Brickman as CEO. Brickman, formerly a partner at Onex Real Estate Partners and Skyview Companies, will steer the firm’s growth and its investment and development platforms. The company, founded...
Morgan Stanley Refinances SoCal Self-Storage Portfolio
Morgan Stanley provided a $64 million loan to refinance five properties owned by SoCal Self Storage, a California self‑storage operator. The portfolio comprises 3,643 units and 344,616 net rentable square feet across Los Angeles, Pasadena, Rancho Santa Margarita and Sacramento. Talonvest...
New York’s Pied-À-Terre Tax Would Be Economic Self-Sabotage
Governor Kathy Hochul proposes a new annual levy on high‑value second homes in New York City, aimed at affluent part‑time residents. The pied‑à‑terre tax would add to existing property, transfer, and sales taxes, targeting owners who use their units intermittently...
ACRE Lands $123M to Build Second Miami Rental
Asia Capital Real Estate (ACRE) secured $123 million of floating‑rate debt from Canyon Partners to fund Adela II at MiMo Bay, a 337‑unit multifamily project in Miami’s Upper Eastside. The six‑story development will reserve 20 units for households earning 80‑120% of area...
Electrical Contractor Raiden Electric Inks 7K-SF Deal at 45 West 45th Street
Raiden Electric, a privately owned union electrical contractor, signed a 10‑year lease for 6,577 square feet on the entire 15th floor of AFIAA’s 45 West 45th Street tower in Midtown. The move relocates the firm from its Financial District address...
Health Food Brand Nut Bar to Open First U.S. Location at NYC’s 28 Greenwich Avenue
Toronto‑based health‑food chain Nut Bar announced its first U.S. store will open this fall in Manhattan’s Greenwich Village. The brand signed a 10‑year lease for 2,500 sq ft at 28 Greenwich Avenue, paying roughly $25,000 per month. The space, split between a...
Fisher Brothers Taps Former RFR Holding Exec Jonathan Frey to Lead Capital Markets
Jonathan Frey, former head of debt capital markets at RFR Holding, joined Fisher Brothers as managing director of capital markets in late March. He will drive Fisher’s capital markets strategy as the firm oversees $6.1 billion in assets across more than...
Manhattan Sees Strongest Quarter of Property Sales Since 2021: Report
Manhattan recorded its strongest quarter of property sales since 2021, with total deal volume rising 33% quarter‑over‑quarter to $3.7 billion across 92 transactions in Q1 2026. Multifamily led the surge, accounting for 44% of the market and generating $1.07 billion, while office...
Architecture Firm Populous Expands to 17K SF at RXR’s Starrett-Lehigh Building
Populous, the global architecture firm behind venues like The Sphere and Wembley, has renewed its 10,158‑square‑foot lease at RXR’s Starrett‑Lehigh Building for three more years and added 6,500 sq ft for seven years, bringing its total New York footprint to 16,658 sq ft on the...
Trinity and UBS Secure $600M Refi for Diplomat Resort in South Florida
Trinity Investments and UBS have refinanced the 1,000‑room Diplomat Beach Resort in Hollywood, Florida with a $600 million loan led by J.P. Morgan Chase ($420 million) and Citi ($180 million). The new mortgage pushes total debt to $600 million, up $148 million from the prior...
Insurance Firm CFC Inks 13K-SF Lease at 5 Penn Plaza
London‑based cyber‑insurance specialist CFC has signed a seven‑year lease for 13,065 square feet on the second floor of 5 Penn Plaza in Midtown Manhattan. The move relocates the firm from its previous New York office at 48 Wall Street in the...
Newmark Hires Ex-Citigroup Director Philip O’Bannon to Expand Data Center Investment
Newmark has appointed former Citigroup director Philip O’Bannon as senior managing director to lead its infrastructure capital markets unit. O’Bannon, who brings more than 20 years of investment‑banking and engineering experience, will focus on data centers, energy‑transition assets, power, utilities...
Mesa West Provides $47M Refi for 274-Unit Austin Apartment Complex
United Properties secured a $47 million short‑term first‑mortgage refinance for Bishop Momo, a 274‑unit apartment complex that opened in 2024 in Austin’s South Congress district. The loan was originated by Mesa West Capital with Newmark arranging the transaction. Bishop Momo offers studios to...
Girish Gopalan of Meter: 5 Questions
Meter announced the acquisition of WiredScore, the global standard for building connectivity, integrating its certification program into Meter’s platform. The deal keeps WiredScore operating as an independent subsidiary under CEO William Newton, preserving its strong brand in the real‑estate community....
Morris Betesh Points Arrow Real Estate Advisors on an Upward Path
Morris Betesh launched Arrow Real Estate Advisors in October 2024, expanding from 12 brokers to 34 across five offices in New York, New Jersey, Philadelphia, South Florida and Southern California. In 2025 the firm arranged $7 billion of lending across 165...
Capital One Lends $196M for MDH Industrial Portfolio
MDH Partners closed a $195.9 million loan from Capital One to finance a seven‑building, 1.6 million‑square‑foot industrial portfolio spanning Dallas‑Fort Worth, Southern California’s Inland Empire, Nashville and Salt Lake City. The assets are 91 % leased, reflecting robust demand for warehouse space. MDH...
Blackstone Nabs $154M to Refi Downtown Miami Office Complex
Blackstone secured a $154 million refinancing for the 2‑building, 339,000‑square‑foot MiamiCentral office complex in downtown Miami. The loan was provided by CIM Group’s private‑credit fund and brokered by Eastdil Secured. Blackstone bought the asset for $230 million in 2021 and now occupies...
Slate Property Group Leases 52 William Street to Homeless Services Nonprofit
Slate Property Group, which bought the former Radisson Hotel at 52 William Street for $95 million in 2024, has signed a lease with Highland Park Community Development Corporation, a nonprofit that serves people at risk of homelessness. The 119,467‑square‑foot, 20‑story building,...