City: New York City

The median monthly asking rent for a Manhattan apartment unit was $2,990 in the third quarter, according to StreetEasy.com. That's down 7.8 percent from last year. The city's apartment vacancy rate has been estimated to be as high as 11 ...

Crain’s New York Business Arker Cos. has filed plans to construct a 194-unit affordable-housing building in the Far Rockaway section of Queens, N.Y. The 17-story building at 5123 Beach Channel Drive also will have 22,000 square feet of commercial space ...

The Real Deal A venture of Edge Fund Advisors and HSBC Alternative Investments is offering for sale the 1.1-million-square foot Four New York Plaza office building in Manhattan. CBRE has been hired to market the property, which could sell for ...

Commercial Observer Davidson Kempner Capital Group has acquired the $100 million B-note against One Court Square, a 1.5 million-square-foot office building in Queens, N.Y. The company bought the note from SL Green Realty Corp. Cushman & Wakefield arranged the sale. The ...

Crain's New York Business More than 15 percent of apartment property owners in New York City could default on their property tax, water or sewer bills that are due in January, according to a survey from the Community Housing and ...

The Real Deal J. Safra Real Estate is planning to convert the office component at 660 Madison Ave. in Manhattan into residential units and a hotel. The company plans on adding 15 floors to the 22-story mixed-use building. The conversion ...

Vornado Realty Trust has secured $500 million of financing against Penn 11, a 1.2-million-square-foot office building in Manhattan. The interest-only loan, from an undisclosed lender, pays a coupon of Libor plus 275 basis points and matures in October 2025. The ...

Commercial Observer Nightingale Group has bought a 75 percent stake in the Whale Building in Brooklyn, N.Y., in a deal that values the 400,000-square-foot office property at $84.1 million. The New York investment manager bought the stake from Madison Realty ...

Commercial Real Estate Direct Staff Report A total of 16.1 million square feet of office leases were signed in Manhattan during the first three quarters of 2020, a 42.1 percent decline from the 27.8 million sf during the same period ...