2+ mon, 1+ week ago  (268+ words) A fully leased retail building in Manhattan's Meatpacking District has traded for $23. 5 million. A joint venture between Klosed Properties and Namdar Realty Group acquired the three-story retail property at 446 West 14th Street from Maverick Real Estate Partners, which used the entity…...

3+ day, 18+ hour ago  (402+ words) The Trump administration has finally released seven months" worth of withheld funding to the Metropolitan Transportation Authority (MTA) after a pending court battle. Janno Lieber, the state transit agency"s chairman, announced that work on Phase 2 of the Second Avenue…...

2+ week, 2+ day ago  (231+ words) Law firm Sher Tremonte has inked a 10-year lease renewal at Princeton International Properties" 90 Broad Street, Commercial Observer can first report." The law firm, which bills itself as a "one of New York City"s most highly regarded litigation boutiques,…...

6+ mon, 6+ day ago  (315+ words) New York City-based real estate investment firms Seastone Capital and Greenmont Group have acquired a 56-unit apartment building in Brooklyn's Prospect Heights neighborhood for $21. 5 million, Commercial Observer has learned. The two firms purchased the six-story residential property at 364 Lincoln Place…...

5+ day, 23+ hour ago  (312+ words) CFC USA, the U. S. arm of a London-based specialist insurance provider for cybersecurity protection, has signed a 13, 065-square-foot lease at Haymes Investment Company's 5 Penn Plaza in Midtown, Commercial Observer has learned." The seven-year deal represents a relocation for CFC USA, which…...

5+ mon, 3+ week ago  (1677+ words) The name Aby Rosen is one of the few in real estate that has migrated into the wider consciousness. Of course, Rosen's success came with its requisite setbacks. He lost prizes over the years like the Chrysler Building. Yet, it…...

4+ day, 11+ hour ago  (491+ words) A New York City pied--terre may not be as practical as it used to be after Gov. Kathy Hochul and Mayor Zohran Mamdani announced Tuesday evening an effort to impose a tax on non-primary residences. The proposal, details of…...

4+ day, 10+ hour ago  (299+ words) A platform company within the Apollo Global Management umbrella has inked a 10-year, 50, 000-square-foot office lease across two full floors at 590 Madison Avenue, Commercial Observer has learned." The deal comes after Apollo, an alternative asset management firm, finalized a 100, 000-square-foot…...

4+ day, 12+ hour ago  (433+ words) Raiden Electric, a privately owned local union electrical contractor, is moving its offices uptown to AFIAA's 45 West 45th Street in Midtown. The contractor inked a 10-year lease for 6, 577 square feet, which span the entire 15th floor, according to tenant broker Avison Young....

5+ day, 13+ hour ago  (348+ words) A burning desire for high-quality assets has helped Manhattan reach its strongest quarter of property sales deals since 2021, Commercial Observer has learned." "Manhattan really, really jumped off the charts," Brandon Polakoff, principal and head of New York investment sales at…...