Retail Investors Bear Down On Asset Types

The retail market has begun to see a shift as stakeholders buffer their portfolios in the case of a market downturn.

       

source https://feeds.feedblitz.com/~/619366490/0/globest/new-york~Retail-Investors-Bear-Down-On-Asset-Types/

Cresset Partners, Diversified Real Estate Capital Launch Second OZ Fund

Cresset Partners and Diversified Real Estate Capital has closed its first Opportunity Zone fund at $465 million and launched its second fund with a $750 million target.

       

source https://feeds.feedblitz.com/~/619357756/0/globest/new-york~Cresset-Partners-Diversified-Real-Estate-Capital-Launch-Second-OZ-Fund/

Mount Sinai Hospital School of Medicine Expands on UES

Mount Sinai Hospital is expanding its lease square footage at 207 East 94th St., a 50,000-square-foot building on the Upper East Side. Hirschfeld Properties owns the 50,000-square-foot building with asking rents of $55 per square foot.

       

source https://feeds.feedblitz.com/~/619339908/0/globest/new-york~Mount-Sinai-Hospital-School-of-Medicine-Expands-on-UES/

Time Equities Increases Cincinnati-Area Portfolio with Office Buy

The deal for 302 West Third marks Time Equities’ third acquisition in the Tri-State Region over the last two years. Other notable regional acquisitions include Brookside Industrial Park in Indianapolis and the Arbor at Montana Apartments in Cincinnati.

       

source https://feeds.feedblitz.com/~/619329610/0/globest/new-york~Time-Equities-Increases-CincinnatiArea-Portfolio-with-Office-Buy/

MacKay Named COO of Cushman & Wakefield

MacKay joined Cushman & Wakefield’s board of directors in 2018. She was most recently a senior advisor to iStar, a New York City-based investment REIT that finances, invests in and develops real estate and real estate related projects.

       

source https://feeds.feedblitz.com/~/619327040/0/globest/new-york~MacKay-Named-COO-of-Cushman-Wakefield/

Port Authority Continues Record-Setting Cargo, Passenger Volumes

The Port of New York and New Jersey handled 617,024 TEUs (20-foot equivalent units) in January 2020, the second busiest January on record.

       

source https://feeds.feedblitz.com/~/619325422/0/globest/new-york~Port-Authority-Continues-RecordSetting-Cargo-Passenger-Volumes/

Lower Manhattan’s Transformation as Larry Silverstein Remembers

Larry Silverstein, chairman and founder of real estate development and management firm Silverstein Properties, has had eyes for Lower Manhattan since his first acquisition at 44 Wall St. in the early 1970s.

       

source https://feeds.feedblitz.com/~/619323520/0/globest/new-york~Lower-Manhattan%e2%80%99s-Transformation-as-Larry-Silverstein-Remembers/

Asian-Inspired Food Retailer Wagamama Plots Northeast Expansion

Wagamama has opened up another location in Midtown at 100 W 55th St. as part of its plan to open more locations across the Northeast in markets such as Washington, D.C.

       

source https://feeds.feedblitz.com/~/619323524/0/globest/new-york~AsianInspired-Food-Retailer-Wagamama-Plots-Northeast-Expansion/