David Simon Passes Away After Battle with Cancer
March 23, 2026
CREFC’s Lisa Pendergast Retiring in August
March 20, 2026
Brookfield Revives GGP Name for Malls
January 7, 2026
State: New York - NY
freestanding Lord & Taylor store at 750 White Plains Road
The freestanding Lord & Taylor store in the Westchester County, N.Y., town of Scarsdale has been sold for $79.6 million, or nearly $401/sf. The 198,523-square-foot property, on 11 acres at 750 White Plains Road, was fully occupied by a Lord ...
Midtown Manhattan Office-to-Residential Conversion Evacuated After Beams Found Buckling
New York Times The 38-story office property at 235 East 42nd St. in Midtown Manhattan that is undergoing a residential conversion has been evacuated as construction workers noticed cracks, as well as structural support beams beginning to buckle on the ...
Kensington at Halfmoon
Kensington at Halfmoon, at 144 Stone Quarry Road, about 15 miles north of downtown Albany, N.Y., is 98% occupied.
Continued Occupancy, Cash Flow Issues Prompt Manhattan Office Loan’s Transfer to Special Servicing
Commercial Real Estate Direct Staff Report The $37.5 million loan against the 58,850-square-foot Ditson Building in Lower Manhattan has been transferred to special servicing due to imminent default. The loan, securitized through BANK, 2018-BN13, pays a fixed rate of 5.43% ...
the 17,553-square-foot mixed-use property at 1151 Broadway in the NoMad section of Manhattan
Imperial Sterling has paid $29.2 million, or $1,663/sf, for the 17,553-square-foot mixed-use property at 1151 Broadway in the NoMad section of Manhattan. The Huntington, N.Y., investor acquired the property from Premier Equities of New York, which paid $11.25 million for ...
Arbor
The venture acquired the property from Columbia University, which used it as housing for students, faculty, and staff. The school has leased the property under a short-term agreement. After that rolls, the property will likely be redeveloped. Columbia purchased the ...
West Shore Towers
The New York company, led by Henry Moskowitz, who founded it in 1952, bought the three-building property from Hudson Shore Associates LP, an investor group with a Scarsdale, N.Y., address. The property is 88% occupied. To fund its purchase and ...
Delshah Capital Pays $127.8Mln for Brooklyn, N.Y., Mixed-Use Portfolio
Commercial Observer Delshah Capital has paid $127.8 million for a portfolio of three mixed-use properties in the Williamsburg section of Brooklyn, N.Y., in separate deals. The New York real estate developer paid $45.8 million for 227 Grand St., which has ...
Winstanley Sells Industrial Property in New York’s Hudson Valley for $43Mln
Boston Business Journal Driscoll Foods has paid $43 million, or $128.98/sf, for a 333,386-square-foot industrial facility at 1 Van Bergen Lane in West Coxsackie, N.Y. The Wayne, N.J., family-owned food distributor purchased the property from Winstanley Enterprises of Concord, Mass., ...
Target Leases 135,000 SF at Rego Park II in Queens, N.Y.
Commercial Real Estate Direct Staff Report Target Corp. has signed a 15-year lease for 135,000 square feet at the Rego Park Shopping Center in Queens, N.Y. The Minneapolis retailer leased the space from Alexander's Inc. of Paramus, N.J., which is ...
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Commercial Real Estate Direct is the only source -- in print or otherwise -- that keeps close tabs on the entire real estate capital markets industry. It provides up-to-date market intelligence on the mortgage business, equity raising, investment sales and CMBS.
