New York Archives - REBusinessOnline https://rebusinessonline.com/category/northeast/new-york/ Commercial Real Estate from Coast to Coast Fri, 01 May 2026 13:05:58 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://rebusinessonline.com/wp-content/uploads/2020/09/cropped-REBusiness-logo-512px-32x32.png New York Archives - REBusinessOnline https://rebusinessonline.com/category/northeast/new-york/ 32 32 Cushman & Wakefield Arranges $28.2M Acquisition Loan for Industrial Portfolio in Mamaroneck, New York https://rebusinessonline.com/cushman-wakefield-arranges-28-2m-acquisition-loan-for-industrial-portfolio-in-mamaroneck-new-york/ Fri, 01 May 2026 13:05:56 +0000 https://rebusinessonline.com/?p=455773 MAMARONECK, N.Y. — Cushman & Wakefield has arranged a $28.2 million acquisition loan for a portfolio of six small-bay industrial buildings in Mamaroneck, located north of New York City in Westchester County. The square footage of the portfolio was not disclosed. John Alascio, T.J. Sullivan and Mitch Rothstein of Cushman & Wakefield originated the floating-rate loan through Sound Point Capital Management. The borrower was also not disclosed.

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TransUnion Signs 30,140 SF Office Lease in Midtown Manhattan https://rebusinessonline.com/transunion-signs-30140-sf-office-lease-in-midtown-manhattan/ Thu, 30 Apr 2026 13:30:00 +0000 https://rebusinessonline.com/?p=455647 NEW YORK CITY — TransUnion has signed a 30,140-square-foot office lease in Midtown Manhattan. The provider of credit reporting and monitoring services will occupy the entire sixth floor at 1155 Avenue of the Americas, according to a LinkedIn post by the landlord, The Durst Organization. Tom Bow, Rocco Romeo and Nora Caliban internally represented Durst in the lease negotiations. David Wilson, Jonathan Zeitler, Michael McKenna and Barry Spagna of Cresa, along with internal agent Harriet Gleason, represented TransUnion.

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MTS Health Partners Signs 29,166 SF Office Lease in Midtown Manhattan https://rebusinessonline.com/mts-health-partners-signs-29166-sf-office-lease-in-midtown-manhattan/ Wed, 29 Apr 2026 13:09:42 +0000 https://rebusinessonline.com/?p=455578 NEW YORK CITY — MTS Health Partners has signed a 29,166-square-foot office lease in Midtown Manhattan. The financial advisory and brokerage firm for the healthcare industry will occupy the entire 34th floor at 1185 Avenue of the Americas, a 42-story building. Stephen Siegel and Sinclair Li of CBRE represented the tenant in the lease negotiations. Brian Waterman, Jonathan Fanuzzi, Brent Ozarowski, David Waterman and Kevin Sullivan of Newmark represented the landlord, SL Green.

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UHY Advisors NY Signs 27,508 SF Office Lease in Midtown Manhattan https://rebusinessonline.com/uhy-advisors-ny-signs-27508-sf-office-lease-in-midtown-manhattan/ Tue, 28 Apr 2026 13:41:13 +0000 https://rebusinessonline.com/?p=455481 NEW YORK CITY — UHY Advisors NY Inc. has signed a 27,508-square-foot office lease in Midtown Manhattan. The financial advisory firm will occupy the entire ninth floor at 1185 Avenue of the Americas, a 42-story building, via a 10-year deal. Silvio Petriello and Tamika Kramer of CBRE represented the tenant in the lease negotiations. Brian Waterman, Jonathan Fanuzzi, Brent Ozarowski, David Waterman and Kevin Sullivan of Newmark represented the landlord, SL Green.

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Groombridge, Wu, Baughman & Stone Signs 42,866 SF Office Lease in Midtown Manhattan https://rebusinessonline.com/groombridge-wu-baughman-stone-signs-42866-sf-office-lease-in-midtown-manhattan/ Mon, 27 Apr 2026 13:54:46 +0000 https://rebusinessonline.com/?p=455363 NEW YORK CITY — Groombridge, Wu, Baughman & Stone LLP has signed a 42,866-square-foot office lease in Midtown Manhattan. The law firm will occupy the entire 37th floor and part of the 36th floor at 1185 Avenue of the Americas, a 42-story building. Lisa Kiell and Andrew Coe of JLL represented the tenant in the lease negotiations. Brian Waterman, Jonathan Fanuzzi, Brent Ozarowski, David Waterman and Kevin Sullivan of Newmark represented the landlord, SL Green.

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Avison Young Negotiates $23.5M Sale of Lower Manhattan Retail Building https://rebusinessonline.com/avison-young-negotiates-23-5m-sale-of-lower-manhattan-retail-building/ Fri, 24 Apr 2026 12:50:58 +0000 https://rebusinessonline.com/?p=455272 NEW YORK CITY — Avison Young has negotiated the $23.5 million sale of a 22,285-square-foot retail building in Lower Manhattan. The building at 446 W. 14th St. is located in the Meatpacking District and was fully leased at the time of sale to Puttery, a minigolf-themed entertainment concept. The seller was an entity doing business as Meatpacking Retail LLC, and the buyer was a joint venture between Klosed Properties and Namdar Realty Group. James Nelson, Brent Glodowski, Mitchell Levine and Noah Kossoff of Avison Young brokered the deal.

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CBRE Arranges $17.2M Acquisition Loan for Two Manhattan Apartment Buildings https://rebusinessonline.com/cbre-arranges-17-2m-acquisition-loan-for-two-manhattan-apartment-buildings/ Fri, 24 Apr 2026 12:37:14 +0000 https://rebusinessonline.com/?p=455270 NEW YORK CITY — CBRE has arranged a $17.2 million acquisition loan for two apartment buildings located at 159 and 161 Prince St. in Manhattan’s SoHo neighborhood. Built in the early 1900s, the historic, five-story buildings consist of 37 residential units and two ground-floor retail spaces totaling approximately 20,000 square feet. Shamir Seidman of CBRE arranged the loan through Derby Copeland Capital on behalf of the borrowers, private investors Michael and Ed Ostad.

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Trader Joe’s Opens 13,500 SF Grocery Store in Miller Place, New York https://rebusinessonline.com/trader-joes-opens-13500-sf-grocery-store-in-miller-place-new-york/ Fri, 24 Apr 2026 12:33:15 +0000 https://rebusinessonline.com/?p=455268 MILLER PLACE, N.Y. — Trader Joe’s has opened a 13,5000-square-foot shopping center in Miller Place, located on Long Island. The store is housed within a newly constructed building at 300 State Route 25A. Robert Delavale of The Breslin Organization represented the undisclosed landlord in the lease negotiations. A grand opening ceremony took place in mid-February.

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JLL Arranges $130M Construction Loan for Bronx Multifamily Project https://rebusinessonline.com/jll-arranges-130m-construction-loan-for-bronx-multifamily-project/ Thu, 23 Apr 2026 13:28:40 +0000 https://rebusinessonline.com/?p=455201 NEW YORK CITY — JLL has arranged a $130 million construction loan for The 360, a 304-unit multifamily project that will be located in the Mott Haven neighborhood of The Bronx. The 360 will be a 13-story building with 228 market-rate and 76 affordable units that will come in studio, one- and two-bedroom floor plans. Amenities will include a rooftop lounge, fitness center with a yoga studio, coworking spaces and 24-hour concierge services, and The 360 will also house 47,892 square feet of retail space that is preleased to Food Bazaar. Lauren Kaufman and Nicco Lupo of JLL arranged the loan through PCCP on behalf of the developer, a partnership between Shorewood Real Estate Group and Bogopa Enterprises. Construction is slated for a 2028 completion.

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Lument Provides $58.2M Agency Loan for Refinancing of Rochester Seniors Housing Property https://rebusinessonline.com/lument-provides-58-2m-agency-loan-for-refinancing-of-rochester-seniors-housing-property/ Thu, 23 Apr 2026 13:20:21 +0000 https://rebusinessonline.com/?p=455196 ROCHESTER, N.Y. — New York City-based Lument has provided a $58.2 million Freddie Mac loan for the refinancing of The Village at Unity and The Hamlet, a 332-unit seniors housing property in Rochester. Built in 1990 and subsequently renovated in 2000, 2012 and 2022, the property consists of 272 independent living units, 40 assisted living units and 20 memory care residences. Tyler Armstrong, Chris Cain and Taylor Russ of Lument originated the financing on behalf of the owner, Wegman Cos. The loan carries a 10-year term with interest-only payments for four years, a fixed interest rate and a 30-year amortization schedule.

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Whole Foods Opens 43,000 SF Store in Holbrook, New York https://rebusinessonline.com/whole-foods-opens-43000-sf-store-in-holbrook-new-york/ Wed, 22 Apr 2026 13:22:23 +0000 https://rebusinessonline.com/?p=455012 HOLBROOK, N.Y. — Whole Foods Market has opened a 43,000-square-foot store in the Long Island community of Holbrook. The store is located within The Shops at SunVet, which is a redevelopment of a former 280,000-square-foot mall. The store, which is the eighth on Long Island for the Austin-based grocer, offers a full-service meat and seafood counter, a prepared foods section, artisanal foods section, wellness and beauty department and a selection of nearly 300 craft beers.

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Turner & Townsend Signs 24,394 SF Office Lease in Midtown Manhattan https://rebusinessonline.com/turner-townsend-signs-24394-sf-office-lease-in-midtown-manhattan/ Wed, 22 Apr 2026 13:20:30 +0000 https://rebusinessonline.com/?p=455010 NEW YORK CITY — Turner & Townsend has signed a 24,394-square-foot office lease in Midtown Manhattan. The professional services company has committed to the sixth floor of 100 Park Avenue, a 36-story, 905,000-square-foot building, on a 12-year term. Mary Ann Tighe, Stephen Eynon and Alessia Lawson of CBRE represented the tenant in the lease negotiations. Harry Blair, Barry Zeller, Justin Royce and Pierce Hance of Cushman & Wakefield represented the landlord, SL Green. The building is now fully leased.

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North Bridge Provides $8.5M C-PACE Loan for Midtown Manhattan Apartment Complex https://rebusinessonline.com/north-bridge-provides-8-5m-c-pace-loan-for-midtown-manhattan-apartment-complex/ Tue, 21 Apr 2026 13:24:27 +0000 https://rebusinessonline.com/?p=454931 NEW YORK CITY — North Bridge, a provider of commercial credit solutions, has provided an $8.5 million C-PACE (Commercial Property Assessed Clean Energy) loan for Herald Towers, a three-building apartment complex located at 50 W. 34th St. in Midtown Manhattan. The borrower, JEMB Realty, will use the loan proceeds to fund infrastructural upgrades and modernize building systems across the 690-unit complex. According to North Bridge, the transaction represents the first multifamily C-PACE deal to close in New York City.

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StoneX Signs 21,904 SF Office Lease Expansion in Midtown Manhattan https://rebusinessonline.com/stonex-signs-21904-sf-office-lease-expansion-in-midtown-manhattan/ Tue, 21 Apr 2026 13:08:03 +0000 https://rebusinessonline.com/?p=454924 NEW YORK CITY — StoneX has signed a 21,904-square-foot office lease expansion in Midtown Manhattan. The global financial services firm is taking additional space on the 32nd floor at 230 Park Avenue, bringing its total footprint to 94,742 square feet. Mark Weiss, Scott Shelbourne and Melissa Rubenstein of Cushman & Wakefield represented StoneX in the lease negotiations. Brian Waterman, Scott Klau, Erik Harris, Zach Weil and Cole Gendels of Newmark, along with internal agents Andrew Ackerman and Walter Rooney, represented the landlord, RXR.

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Blue Owl Capital Agrees to Acquire Sila Realty Trust for $2.4B https://rebusinessonline.com/blue-owl-capital-agrees-to-acquire-sila-realty-trust-for-2-4b/ Mon, 20 Apr 2026 11:55:00 +0000 https://rebusinessonline.com/?p=454881 NEW YORK CITY AND TAMPA, FLA. — Affiliates of Blue Owl Capital (NYSE: OWL), a New York City-based private equity firm, have entered into an agreement to acquire Tampa-based REIT Sila Realty Trust (NYSE: SILA) for $2.4 billion. The deal, which will make Sila a private company, is expected to close late in the second quarter or early in the third quarter of this year. The valuation represents a per-share stock price of $30.38 for Sila. That price constitutes a 19 percent premium over Sila’s closing stock price of $25.53 per share on April 17, the last full day of trading prior to the announcement. The share price also represents a 25.6 percent premium over Sila’s average volume weighted price for the last 30 trading days. BofA Securities is serving as Sila’s exclusive financial advisor, and Hogan Lovells US LLP is acting as Sila’s legal counsel. Citigroup Global Markets Inc. is acting as lead financial advisor to Blue Owl, with Truist Securities Inc. also acting as a financial advisor. Newmark is Blue Owl’s real estate advisor. Kirkland & Ellis LLP is serving as legal advisor to Blue Owl. “The Sila team has curated a highly diversified collection of critically important…

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DMT Provides $67.5M Bridge Loan for Refinancing of Upstate New York Multifamily Property https://rebusinessonline.com/dmt-provides-67-5m-bridge-loan-for-refinancing-of-upstate-new-york-multifamily-property/ Thu, 16 Apr 2026 13:49:55 +0000 https://rebusinessonline.com/?p=454646 SARATOGA SPRINGS, N.Y. — Dwight Mortgage Trust (DMT), the affiliate REIT of New York City-based Dwight Capital, has provided a $67.5 million bridge loan for the refinancing of Elements at Saratoga Lake, a 260-unit multifamily property in upstate New York. Completed in 2024, the property comprises 26 residential buildings that house 172 one-bedroom and 88 two-bedroom units, as well as a clubhouse building. Amenities include an indoor-outdoor pool, golf simulator, pickleball court and a fitness center with a yoga studio. David Scheer and Alex Izso of Dwight originated the debt on behalf of the borrower, Blue Iron Development.

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Marcus & Millichap Brokers $7M Sale of Mixed-Use Building in Manhattan’s West Village https://rebusinessonline.com/marcus-millichap-brokers-7m-sale-of-mixed-use-building-in-manhattans-west-village/ Tue, 14 Apr 2026 14:08:10 +0000 https://rebusinessonline.com/?p=454472 NEW YORK CITY — Marcus & Millichap has brokered the $7 million sale of a 3,965-square-foot mixed-use building in Manhattan’s West Village. The building at 304 Bleecker St. consists of four newly renovated, market-rate apartments and a 1,550-square-foot retail space that is leased to Joe & the Juice. John Stewart and Dylan Torey of Marcus & Millichap represented the seller, HUBB NYC, in the transaction and procured the buyer, a private investor.

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CIGNA Signs 32,700 SF Office Lease Renewal in Midtown Manhattan https://rebusinessonline.com/cigna-signs-32700-sf-office-lease-renewal-in-midtown-manhattan/ Tue, 14 Apr 2026 14:00:10 +0000 https://rebusinessonline.com/?p=454470 NEW YORK CITY — CIGNA has signed a 32,700-square-foot office lease renewal at 2 Grand Central in Midtown Manhattan. The insurance giant is relocating its offices at the base of the building to two full upper floors. Anthony Dattoma of CBRE represented CIGNA in the lease negotiations. Paul Amrich, Neil King, Meghan Allen, Alexander Golod and James Ackerson, also with CBRE, represented the undisclosed landlord.

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JLL Arranges $19M Loan for Refinancing of Brooklyn Multifamily Portfolio https://rebusinessonline.com/jll-arranges-19m-loan-for-refinancing-of-brooklyn-multifamily-portfolio/ Mon, 13 Apr 2026 13:10:41 +0000 https://rebusinessonline.com/?p=454322 NEW YORK CITY — JLL has arranged a $19 million loan for the refinancing of a portfolio of five multifamily buildings totaling 42 units in Brooklyn. Known as the Edifice Portfolio, the newly renovated buildings are located at 431-433 Wythe Ave. and 313 S. 4th St. in Williamsburg and 19-21 Columbia Place in Brooklyn Heights. Jillian Mariutti and John Flynn of JLL arranged the loan through City National Bank on behalf of the borrower, local investment firm Edifice Real Estate Partners.

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Candid Health Signs 28,687 SF Office Lease in Midtown Manhattan https://rebusinessonline.com/candid-health-signs-28687-sf-office-lease-in-midtown-manhattan/ Mon, 13 Apr 2026 13:08:12 +0000 https://rebusinessonline.com/?p=454320 NEW YORK CITY — Candid Health, a provider of healthcare revenue cycle software, has signed a 28,687-square-foot office lease in Midtown Manhattan. The lease term is seven years, and the space is located on the third floor of the building at 675 Avenue of the Americas. Justin Haber, Kyle Riker and Emma Gill of JLL represented the tenant in the lease negotiations. Anthony Sciacca and Scott Gutnick of Newmark, along with internal agents Jeffrey Gural and Alphie Toro, represented the landlord, GFP Real Estate.

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