New York

The site of the E 62nd St. cinema that will house the extension of a neighboring Manhattan Mini-Storage asset. Image courtesy of StorageMart

Former NYC Theater Gets Second Act as Self Storage Facility

Manhattan Mini Storage is creating 1,200 new self storage units in the shuttered CMX Cinema.

FDIC Selects Newmark to Sell $60 Billion in Signature Bank Loans

The process will involve the bank’s entire real estate holdings, including $15 billion in multifamily.

Top 5 NYC Multifamily Building Sales—February 2023

PropertyShark compiled the city’s biggest transactions of the month.

Piper

Toll Brothers JV to Develop Luxury Connecticut Project

Wells Fargo and TD Bank provided $136 million in construction financing.

1101 & 1089 President Street. Image courtesy of BFC Partners

BFC Partners Opens Brooklyn Affordable Community

The two buildings are part of the Bedford-Union Armor redevelopment.

The Biltmore

BentallGreenOak JV Lands $248M Refi for Manhattan Tower

The partnership paid $290 million for the luxury asset back in 2018.

Easing NYC’s Affordable Housing Crisis: A Construction Manager’s Take

Insights from Andy D’Amico of Urban Atelier Group on building successfully in a tough environment.

3 Journal Square.

Hartz Mountain Lands $58M for Luxury Jersey City Asset

The property was previously subject to a $61 million construction loan.

321 Main Street rendering. image courtesy of NorthMarq

Hampshire Cos. Lands $62M for New Jersey Development

The project is part of the Hackensack Redevelopment Plan.

The Beacon

Building and Land Technology Secures $257M for Jersey City Luxury Asset

The community encompasses 1,155 units across six buildings.