-
Leasing
Medly Pharmacy inks lease at 31 Debevoise Street for new HQ
December 22, 2020Startup Medly Pharmacy has signed a 5-year lease for a three-story HQ at 31 Debevoise Street (AKA 46...
-
PropTech
Thoma Bravo acquires RealPage as dry powder piles up in real estate tech
December 22, 2020Private-equity firm Thoma Bravo has struck a deal to buy property-management-software provider RealPage for $9.6 billion, in one of the...
-
Acquisitions
Ivy Realty acquires hotel at 338 West 39th Street
December 21, 2020Ivy Realty has acquired a hotel at 338 West 39th Street in the Garment District from Sam...
-
Financing
L&L Holding taps EB-5 loans for TSX Broadway
December 21, 2020L&L Holding + Fortress Investment Group + Maefield Development have recently attracted more than $100 million in...
-
Leasing
Dick’s partners with Instacart
December 21, 2020Dick’s Sporting Goods is teaming with Instacart to offer same-day delivery from more than 150 stores, in states including...
-
Leasing
Office landlords confront tenants rethinking real estate needs
December 21, 2020As the global recession deepens and companies brace for the new normal that follows, business will...
-
Acquisitions
ELO finally closes on deal with Chetrit for 15 West 47th Street
December 21, 2020The ELO Organization has closed on its acquisition of 15 West 47th Street from Isaac and Eli Chetrit + Ray...
-
Leasing
Downtown Organic Market inks lease in Boerum Hill
December 21, 2020Downtown Organic Market has signed a lease for 6,150 SF at Adam America Real Estate’s 561 Pacific Street in...
-
Politics
Important elements of stimulus bill for Real Estate
December 21, 2020Congressional leaders have finally reached a deal on a $900 billion coronavirus stimulus package. The bill is...
-
Leasing
Apple closes stores in L.A. as COVID-19 cases spike
December 21, 2020Apple is temporarily closing its Los Angeles-area stores as Covid-19 cases jump in the region, Bloomberg...
-
Financing
Mark Karasick lands $705M CMBS loan to close on 410 Tenth Ave
December 21, 2020Mark Karasick’s 601W Companies has secured a $705 million CMBS loan to close on its acquisition of 410...
-
PropTech
Is the demise of Breather a bellwether for co-working?
December 18, 2020Co-working startup Breather has laid off the majority of its staff and plans to shutter all of its more...
-
Leasing
Apple inks new lease in Brooklyn
December 17, 2020Apple has signed a 14-year lease for 2,766 square feet of retail space at 41 Flatbush...
-
Acquisitions
JLL brings Coney Island development to the market
December 17, 2020National Grid has hired JLL to market a 16-acre site with nearly 1.5 million buildable SF...
-
Acquisitions
Jake Sharp buys California Market for $57.5M
December 16, 2020Jake Sharp Capital has acquired the California Market at 450 South Western Avenue for $57.5 million...
-
Politics
Mnuchin says no plans to privatize Fannie & Freddie
December 16, 2020Treasury Secretary Steve Mnuchin told the Wall Street Journal that the Trump administration will not privatize Fannie Mae and...
-
Acquisitions
Yehoshua Fruchthandler buys homeless shelter from Irving Langer
December 16, 2020FBE Limited’s Yehoshua Fruchthandler has acquired a homeless shelter at 633 East 104th Street in Canarsie from Irving...
-
PropTech
WeWork & Knotel flood office market with vacant space
December 16, 2020WeWork, Knotel, and other co-working firms are flooding the office market with newly vacant space and...
-
Financing
Prodigy Network loses control of hotel to Vanbarton
December 16, 2020Vanbarton Group has taken control of a FiDI hotel at 84 William Street, which was backed by...
-
Luxury
Luxury market bounces back for second straight week
December 15, 2020Manhattan has recorded another strong week of luxury deals, according to the Olshan Report. A glut of supply...
-
Leasing
Google proposes only three days a week in the office
December 15, 2020With the pandemic still in full swing and the first doses of a coronavirus vaccine just...
-
Leasing
Daily Paper inks lease for flagship store on Delancey Street
December 15, 2020Dutch fashion brand Daily Paper has signed a 6,000 SF retail lease at Solar Realty’s 18 Delancey Street, CO first...
-
Acquisitions
Blackstone buys portfolio of life-sciences buildings
December 15, 2020Blackstone Group has agreed to acquire a portfolio of life-sciences buildings primarily in Cambridge, MA from Brookfield Asset...
-
Politics
Cuomo bans indoor dining in New York City
December 14, 2020Governor Cuomo announced that indoor dining will once again be barred in New York City restaurants starting today. The rest...
-
Retail / Financing
All retail isn’t created equal – strong tenants are key
December 14, 2020Sun Equity Partners and The Heskel Group have secured $73 million in construction takeout financing and preferred...
-
Acquisitions
Brookfield joins e-commerce bandwagon with South Bronx acquisition
December 14, 2020Brookfield Properties has acquired a distribution facility at 845 East 136th Street from AEW and MRP Realty for $27.9 million, according...
-
Politics
Rental vacancy rates drop
December 11, 2020Rental vacancy rates in Manhattan dropped last month for the first time since the onset of the...
-
Leasing
Knotel faces barrage of lawsuits – RXR is the latest
December 11, 2020Knotel is fighting for its survival as lawsuits mount –– RXR Realty is the most recent to...
-
Leasing
Salesforce embraces remote work – office space no longer essential
December 11, 2020Software giant Salesforce plans to consolidate and sublease certain office locations as more employees work from home ––...
-
PropTech
Airbnb raises $3.5B in IPO
December 10, 2020Airbnb raised $3.5 billion in its IPO at a fully diluted valuation of around $47.3 billion, and...
-
Acquisitions
Daily Beat newsletter now behind a paywall
January 4, 2021As of January 4th, the Real Estate Daily Beat is premium content and only sent to paying subscribers....
Trending