GPG Properties Sells Manhattan Multifamily for $30M

Redeemer Presbyterian Church purchased the 45,094-buildable-square-foot, UES asset, with plans to redevelop the space.

       

source https://feeds.feedblitz.com/~/633821103/0/globest/new-york~GPG-Properties-Sells-Manhattan-Multifamily-for-M/

Manhattan's Office Leasing Activity, Availability Rate Up While Asking Rent Declines

Eight leases of more than 100,000 square feet drove leasing activity in Manhattan in July.

       

source https://feeds.feedblitz.com/~/633747958/0/globest/new-york~Manhattans-Office-Leasing-Activity-Availability-Rate-Up-While-Asking-Rent-Declines/

Hudson Regional Hospital Resubmits Bid for NJ Hospital Operations

The hospital has acquired Bayonne Medical Center and has resubmitted a competitive, binding offer to purchase the operations from CarePoint.

       

source https://feeds.feedblitz.com/~/633519526/0/globest/new-york~Hudson-Regional-Hospital-Resubmits-Bid-for-NJ-Hospital-Operations/

New York City REIT to List on NYSE Next Week

The REIT is very bullish on Manhattan’s long-term prospects.

       

source https://feeds.feedblitz.com/~/633488142/0/globest/new-york~New-York-City-REIT-to-List-on-NYSE-Next-Week/

CoreNet Survey Shows Companies Remaining in New York City

More than 82% of the 67% tenant and landlord respondents are in the process of reopening parts of their global portfolios.

       

source https://feeds.feedblitz.com/~/633380174/0/globest/new-york~CoreNet-Survey-Shows-Companies-Remaining-in-New-York-City/

240,000-SF Site in Bronx Seeks Ground Lease

B6 is seeking to negotiate a 99-year ground lease for the site at 350 Grand Concourse.

       

source https://feeds.feedblitz.com/~/633311398/0/globest/new-york~SF-Site-in-Bronx-Seeks-Ground-Lease/

Coney Island Apartment Secures $48M Affordable Loan

The $48 million Freddie Mac Targeted Affordable Housing loan will refinance a 360-unit property in this Brooklyn neighborhood.

       

source https://feeds.feedblitz.com/~/633271616/0/globest/new-york~Coney-Island-Apartment-Secures-M-Affordable-Loan/

JV Reveals Next NJ Mixed-Use Project

Bennett Realty & Development and EDEN Property Company plan to develop a 104-unit community in Plainfield, NJ.

       

source https://feeds.feedblitz.com/~/633127540/0/globest/new-york~JV-Reveals-Next-NJ-MixedUse-Project/