High Court Temporarily Blocks Trump’s Bid to Oust Fed Governor Lisa Cook
The Supreme Court ruled 5-4 that Donald Trump cannot, for now, remove Federal Reserve Governor Lisa Cook from the central bank’s board.
CRE News Today Editorial Team
New York
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HSF Kramer’s Seth Niedermayer Says Private Capital Is Reshaping Real Estate Deals
HSF Kramer partner Seth Niedermayer is handling 17 deals, most led by private equity, as investors push more complex U.S. real estate transactions.
CRE News Today Editorial Team
Prospect Acquisitions Expands Off-Market Multifamily Strategy in Manhattan and Brooklyn
Prospect Acquisitions targets off-market multifamily and mixed-use deals in Manhattan and Brooklyn, including 129 West 85th Street.
CRE News Today Editorial Team
World Cup Final Brings a $3.3B Projection and a Hotel Paradox to New York/New Jersey
The NY/NJ region hosting the July 19 World Cup Final projects $3.3 billion in economic impact and saw short-term rentals near MetLife surge roughly 500% — even as NYC hotels sat just 18% booked for the tournament window.
CRE News Today Editorial Team
Bronx Charter School Project Lands $60M Financing Near Metro-North Rezoning Corridor
Apex Development Group and Knickpoint Ventures secured $60M to build a 60,000-square-foot charter school at 1780 East Tremont Avenue in the Bronx, with construction starting this week.
CRE News Today Editorial Team
Colliers Lands CBRE Veteran Justin Arzi for NYC Capital Markets Push
Colliers hired CBRE's Justin Arzi as senior vice president for its New York capital markets team. He facilitated Extell's $39M acquisition of 165 East 56th Street and the $60M off-market sale of 155 Mercer Street.
CRE News Today Editorial Team
Teachers' Retirement Agency Commits to Three-Decade Stay at FiDi Office Tower
The NYC Board of Education Retirement Systems signed a 30-year, 78,079-square-foot lease at 55 Water Street, expanding from its prior sublease into ground-floor retail space.
CRE News Today Editorial Team
YouTube Creator Tools Company Spotter Inks 17K SF Midtown Lease with Thor Equities
Spotter signed a three-year, 17,000-square-foot lease for the full 14th floor at Thor Equities' 25 West 39th Street, with asking rent near $70 per square foot.
CRE News Today Editorial Team
Empire State Realty Trust Taps Sevinc Yuksel to Lead Design and Construction Division
Empire State Realty Trust (ESRT) has brought on industry veteran Sevinc Yuksel as senior vice president of design and construction. Backed by two decades of experience, Yuksel will spearhead the REIT's capital projects and redevelopment initiatives across its Manhattan portfolio.
CRE News Today Editorial Team
Kohlberg Secures Nearly 19K SF at SL Green's 500 Park Avenue in Midtown Move
Kohlberg inked an 18,820 SF lease for the full 9th floor at SL Green's 500 Park Avenue, relocating its NYC HQ from 545 Madison Avenue.
CRE News Today Editorial Team
The Business of Comebacks: How NYC's Sports Culture Shapes Commercial Real Estate
The Knicks' stunning 29-point comeback at MSG spotlights the enduring value of arena-adjacent retail and hospitality assets in Midtown Manhattan.
CRE News Today Editorial Team
Tishman Speyer Secures $40M Mezzanine Position on One Dag Hammarskjöld as East Side Office Trades Heat Up
Tishman Speyer's debt platform acquired a $40M mezzanine position on One Dag Hammarskjold, the 817,000 SF tower at 885 Second Avenue, as 601W and David Werner complete their purchase.
CRE News Today Editorial Team