Real estate investment manager Savanna has leased over 70,000 square feet of space at its newly renovated Midtown West office property at 19 West 44th St.
Madison Capital and Salmar Properties have signed two new leases at Liberty View Industrial Plaza located at 850 Third Ave. in Sunset Park, Brooklyn.
Spruce Capital secured $102 million in Fannie Mae financing that was arranged by Newmark Knight Frank in connection with the purchase.
The New York Department of State has issued new guidance that will end tenant-paid rental commissions for landlords who retain a real estate agent. It has caused an uproar from the local real estate industry, who'll look to pursue legal action and say the legislation will hurt tenants more than help them.
M&T Bank has completed a $78 million loan with Two Trees Management, who will purchase land for the proposed development of two mixed-use towers and a six-acre park in Williamsburg, Brooklyn.
Up until his appointment, Brown served as senior project manager at CBRE, where he partnered with clients and managed efforts of design consultants and general contractors to achieve project goals.
New Jersey US Senators Cory Booker and Bob Menendez joined 13 other Northeast Senators in a letter to FRA Administrator Ronald Batory that the agency finalize and approve plans to immediately advance the Hudson Tunnel Project into the design and construction phase, noting the project secured draft Environmental Impact Statement approval in 2017.
In 2019, there was increased investor appetite for office product outside of New York.
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