'Tiny Warehouses': The Answer to Last-Mile Distribution In Big Cities

Bond, a property technology firm that focuses on last-mile delivery, is taking a page out of the book of co-working firm WeWork. The New York City-based start-up scouts out underutilized commercial space in dense city areas to establish “tiny warehouses” for last-mile delivery and is plotting an expansion in New York and two Northeast cities.

       

source https://feeds.feedblitz.com/~/618748772/0/globest/new-york~Tiny-Warehouses-The-Answer-to-LastMile-Distribution-In-Big-Cities/

Normandy OZ Fund Secures Nearly $21M for Jersey City Buy

The two-year, floating rate financing deal, arranged by JLL Capital Markets, was provided by Rialto Capital Management on behalf of the Normandy Opportunity Zone, a closed-end, fully discretionary investment fund managed by Columbia Property Trust, Inc.

       

source https://feeds.feedblitz.com/~/618743840/0/globest/new-york~Normandy-OZ-Fund-Secures-Nearly-M-for-Jersey-City-Buy/

KPG Funds Onboards NY Managing Director For Investment Management Push

KPG Funds, a New York City-based office development firm specializing in value-add office acquisitions and developments, has hired Gabriel Sasson as managing director of portfolio management and fund operations.

       

source https://feeds.feedblitz.com/~/618741864/0/globest/new-york~KPG-Funds-Onboards-NY-Managing-Director-For-Investment-Management-Push/

Greenpoint Landing Opens Second Multifamily Tower at Greenpoint Landing

Brookfield Properties and Park Tower Group have opened Two Blue Slip, a second multifamily tower, at Greenpoint Landing in Brooklyn. Leasing efforts are underway for the property that is situated on the East River waterfront in the Greenpoint submarket.

       

source https://feeds.feedblitz.com/~/618741868/0/globest/new-york~Greenpoint-Landing-Opens-Second-Multifamily-Tower-at-Greenpoint-Landing/

How CRE Can Adapt to Climate Change

An urbanizing world has put commercial real estate practices in the spotlight. Gensler’s Co-CEO’s Diane Hoskins and Andy Cohen discuss the ways the industry can lessen its climatic stress.

       

source https://feeds.feedblitz.com/~/618739590/0/globest/new-york~How-CRE-Can-Adapt-to-Climate-Change/

Retail at Park Row Heats Up Financial District

The mixed-use office and retail tower under development in Downtown Manhattan's Financial District at 25 Park Row is seeing a wave of interest from retailers, some with small-to-large footprints and letters of intent for flagship buildouts.

       

source https://feeds.feedblitz.com/~/618694138/0/globest/new-york~Retail-at-Park-Row-Heats-Up-Financial-District/

LIC Industrial Mixed-Use Property Kicks Off Leasing for 89K SF

Local development firm Barone Management constructed the industrial property located at 9-03 44th Road, which is said to be the first ground-up industrial property in the market to come online in the last 30 years.

       

source https://feeds.feedblitz.com/~/618692140/0/globest/new-york~LIC-Industrial-MixedUse-Property-Kicks-Off-Leasing-for-K-SF/

Moinian Group Secures $105M Loan for Luxury Residential Building

The Moinian Group, a national real estate owner and operator of real estate, has secured a $105 million loan from the Bank of China to refinance 572 11th Ave. on the southeast corner of West 43rd Street and 11th Avenue, in Hell’s Kitchen, Manhattan.

       

source https://feeds.feedblitz.com/~/618367400/0/globest/new-york~Moinian-Group-Secures-M-Loan-for-Luxury-Residential-Building/