Cheskel Schwimmer’s Chess Builders has acquired a vacant lot at 244 West 49th Street from the Hakimian Organization for $30 million.| Commercial Observer
Articles about Savoy Equity Partners from Commercial Observer, New York’s authority on commercial real estate leasing, financing, deals and culture.| Commercial Observer
Ruby Square officially opened July 24, after construction on the project, which began in 2022, wrapped in June.| Commercial Observer
It’s a temporary shock to a system that new federal legislation has made more permanent and certain.| Commercial Observer
Articles about Savills from Commercial Observer, New York’s authority on commercial real estate leasing, financing, deals and culture.| Commercial Observer
The brand could shutter its roughly 350 storefronts as part of its second bankruptcy in six years.| Commercial Observer
More than 2.9 million square feet is available, including stores around the country, headquarters space, and distribution space| Commercial Observer
Chanel is in talks to buy the retail space at Extell's proposed development at 655 Madison Avenue for around $450 million.| Commercial Observer
Articles about Kramer Levin from Commercial Observer, New York’s authority on commercial real estate leasing, financing, deals and culture.| Commercial Observer
The prospects for any office conversion — big or small — can be turbocharged by overlaying a condominium structure onto it.| Commercial Observer
Family office's new debt fund closed a $20 million construction loan for developer Ridgecut Road to build an industrial project in Montgomery, N.Y.,| Commercial Observer
The lease runs for 11 years and two months. Asking rent was $79 per square foot.| Commercial Observer
The bill omits language allowing the District to spend its 2025 budget, essentially forcing the city to return to 2024 funding levels.| Commercial Observer
Opponents of the new law argue it is too vague and goes too far — or doesn’t go far enough.| Commercial Observer
BXMT reported it completed $1.3 billion in loan payoffs in the third quarter and more than $600 million in resolutions of impaired assets.| Commercial Observer
Public incentives and private angst mean dozens of projects could soon be in the works.| Commercial Observer
Amazon is open to more than just online shoppers.| Commercial Observer
Arbor Realty Trust reported 16 non-performing loans with a carrying value of $262.7 million in the fourth quarter.| Commercial Observer
The REIT bought the retail center in its hometown about 25 years ago, but failed to meet payment deadlines since the pandemic.| Commercial Observer
The Fed declined to lower rates, but maybe they'll do it in September. It has not made everybody happy. But deals are still happening.| Commercial Observer
Kuhn is reportedly under contract to acquire the Waterside site from an affiliate of the Gudelsky Group, for an as-yet undisclosed price.| Commercial Observer
Crespi counts more than 90 construction cranes dotting the skyline.| Commercial Observer
Arbor Realty Trust’s earnings took a second- quarter negative hit with persistent non-performing loans, but still beat market expectations.| Commercial Observer
The Goldenberg Group secured $285.5 million to refinance The View at Montgomery and Vantage in downtown Philadelphia.| Commercial Observer