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John Jordan is a veteran journalist with 36 years of print and digital media experience.
The total development cost is estimated at $127 million and the renovations at the complex will exceed $36 million.
The firm plans to launch leasing this fall on the project that will in total deliver more than 1,800 apartments and 120,000 square feet of indoor and outdoor amenities located across the street from Tishman's JACX commercial office development that is also currently under construction.
Savanna acquired the 144,500-square-foot building located on 27th Street between Broadway and Sixth Avenue from Westbrook Partners
A key finding in the report states that the fundamental concern raised by those performing arts officials interviewed was that “spaces that offer users the mix of production amenities, audience amenities, and audience capacity they feel is right for their art either do not exist or are inaccessible."
Fiscal Year 2017 saw the financing of 7,705 new apartments and 16,588 preserved homes, representing a direct investment of $1 billion by the City of New York.
DEFY Media signed an eight-and-a-half year lease to occupy the entire 14,400-square-foot fourth floor of the 12-story 167,135-square-foot office building.
In an EXCLUSIVE Q&A with Globest.com, the 39-year old retail real estate executive discusses how his prior background will help Cushman & Wakefield service the changing needs of its retail clients and his views on the opportunities that exist in retail markets across the country.
Here is a roundup of the latest leases, sales and other transactions in the Northeast middle markets this week.
Stolly, a 14-year finance veteran who has executed more than $30 billion in capital market transactions in his career, will co-head Newmark Knight Frank's New York City debt/structured finance team with vice chairman Jordan Roeschlaub.
He says those distressed asset opportunities will come “in two flavors”—residential condominium development sites and existing retail condo properties that were underwritten based on securing extremely high rents.

From Placer.ai
Which US metros are poised for major consumer growth? This report reveals the 5 markets to watch in 2026, using location analytics to uncover the unique trends driving retail and dining foot traffic in each city.
Download Resource
From Assurant
Rising insurance costs and NOI pressure are making budget season tougher. Many operators miss the hidden costs of incidents that erode profits. This guide offers a risk audit strategy to see your full exposure and protect your assets.
Download Resource
From Assurant
Multifamily operators are facing high turnover and staffing shortages. Discover how centralizing administrative work can create consistency, reduce risk, and free up onsite teams to focus on improving the resident experience.
Download Resource
From Foxen
Most multifamily operators require renters insurance. Yet even with policies in place, coverage gaps still happen. Policies lapse. Coverage falls short. And too often, those gaps aren’t discovered until after a loss. This guide provides a practical framework to help you identify compliance blind spots, reduce exposure, and evaluate solutions that truly protect your portfolio.
Download Resource
From Foxen
What ancillary services do renters value most? Foxen surveyed nearly 1,000 renters to find out. The 2026 Renter Value Report breaks down which programs renters are most likely to pay for, what makes a monthly charge feel worth it, and how owners and operators can use those insights to strengthen retention and protect NOI.
Download Resource
From Green Street
The 2026-27 leasing cycle saw moderating rent growth and the softest pre-leasing finish in years. Download our annual report for a data-driven review of national, regional, and property-level performance trends shaping the market.
Download Resource
From Green Street
Stop wrestling with manual data. Connect your ChatGPT, Claude, or other AI tool of choice to Green Street's MCP Server, and turn one property address into a full valuation, sales comps, market intelligence, and news in seconds.
Download Resource
From Green Street
Fueled by AI, the global data center market is booming. This summary, generated in seconds with the Green Street MCP Server, covers U.S. and European market forecasts, recent sales comps, development activity, and key REIT analysis.
Download Resource
From Colliers
The extend-and-pretend era for commercial real estate is over. With interest rates high, borrowers face new challenges. This white paper explores the lending market reset and how to navigate maturing debt through restructuring.
Download Resource
From Placer.ai
The 2026 World Cup brought high expectations for a summer boom. This report from Placer.ai and Colliers uses foot traffic data to reveal a more nuanced picture of where economic value was actually created for retailers, restaurants, and property owners.
Download Resource
From Placer.ai
Traditional retail anchors are losing their pull. Discover how shopping center visit patterns are changing and what data-driven strategies landlords can use to build a tenant mix that drives frequency, dwell time, and growth in a new era.
Download Resource
From Assurant
As smart home devices become standard, renters increasingly expect tech support. This guide reveals key data on renter expectations and shows how offering tech support can reduce maintenance burdens and give your property a competitive edge.
Download Resource
From Assurant
Picking the right renters insurance can be a headache. This guide will help you find the perfect partner for your multifamily properties so you can boost resident participation and lower your risk.
Download Resource
From Assurant
With new units flooding the multifamily market, competition is fierce. Traditional concessions are not enough. This guide outlines modern strategies to reduce move-in friction and prioritize high-value amenities that drive long-term retention.
Download Resource
From Placer.ai
The pandemic relocation wave has cooled, but new migration patterns are emerging. This report uses location analytics to reveal where Americans are moving in 2026 and why, offering key insights for developers, investors, and retailers.
Download Resource
From Assurant
With rising property insurance costs and flat rent growth, the compliance gap is a significant risk. This guide provides a data-driven action plan for Multifamily Housing professionals to help close that gap, reduce exposure, and boost NOI.
Download Resource
From Placer.ai
Return-to-office mandates have their limits. This report dives into the data to reveal how convenience-driven behaviors are truly impacting office recovery, and CRE professionals can best adapt.
Download Resource
From Placer.ai
As consumers become more selective, which retail and dining brands are set to thrive in 2026? This report uses location analytics to identify 10 standout companies and the specific, data-backed strategies driving their momentum to help you inform your strategy.
Download Resource
From Placer.ai
Which US metros are poised for major consumer growth? This report reveals the 5 markets to watch in 2026, using location analytics to uncover the unique trends driving retail and dining foot traffic in each city.
Download Resource
From Assurant
Rising insurance costs and NOI pressure are making budget season tougher. Many operators miss the hidden costs of incidents that erode profits. This guide offers a risk audit strategy to see your full exposure and protect your assets.
Download Resource
From Assurant
Multifamily operators are facing high turnover and staffing shortages. Discover how centralizing administrative work can create consistency, reduce risk, and free up onsite teams to focus on improving the resident experience.
Download Resource
From Foxen
Most multifamily operators require renters insurance. Yet even with policies in place, coverage gaps still happen. Policies lapse. Coverage falls short. And too often, those gaps aren’t discovered until after a loss. This guide provides a practical framework to help you identify compliance blind spots, reduce exposure, and evaluate solutions that truly protect your portfolio.
Download Resource
From Foxen
What ancillary services do renters value most? Foxen surveyed nearly 1,000 renters to find out. The 2026 Renter Value Report breaks down which programs renters are most likely to pay for, what makes a monthly charge feel worth it, and how owners and operators can use those insights to strengthen retention and protect NOI.
Download Resource
From Green Street
The 2026-27 leasing cycle saw moderating rent growth and the softest pre-leasing finish in years. Download our annual report for a data-driven review of national, regional, and property-level performance trends shaping the market.
Download Resource
From Green Street
Stop wrestling with manual data. Connect your ChatGPT, Claude, or other AI tool of choice to Green Street's MCP Server, and turn one property address into a full valuation, sales comps, market intelligence, and news in seconds.
Download Resource
From Green Street
Fueled by AI, the global data center market is booming. This summary, generated in seconds with the Green Street MCP Server, covers U.S. and European market forecasts, recent sales comps, development activity, and key REIT analysis.
Download Resource
From Colliers
The extend-and-pretend era for commercial real estate is over. With interest rates high, borrowers face new challenges. This white paper explores the lending market reset and how to navigate maturing debt through restructuring.
Download Resource
From Placer.ai
The 2026 World Cup brought high expectations for a summer boom. This report from Placer.ai and Colliers uses foot traffic data to reveal a more nuanced picture of where economic value was actually created for retailers, restaurants, and property owners.
Download Resource
From Placer.ai
Traditional retail anchors are losing their pull. Discover how shopping center visit patterns are changing and what data-driven strategies landlords can use to build a tenant mix that drives frequency, dwell time, and growth in a new era.
Download Resource
From Assurant
As smart home devices become standard, renters increasingly expect tech support. This guide reveals key data on renter expectations and shows how offering tech support can reduce maintenance burdens and give your property a competitive edge.
Download Resource
From Assurant
Picking the right renters insurance can be a headache. This guide will help you find the perfect partner for your multifamily properties so you can boost resident participation and lower your risk.
Download Resource
From Assurant
With new units flooding the multifamily market, competition is fierce. Traditional concessions are not enough. This guide outlines modern strategies to reduce move-in friction and prioritize high-value amenities that drive long-term retention.
Download Resource
From Placer.ai
The pandemic relocation wave has cooled, but new migration patterns are emerging. This report uses location analytics to reveal where Americans are moving in 2026 and why, offering key insights for developers, investors, and retailers.
Download Resource
From Assurant
With rising property insurance costs and flat rent growth, the compliance gap is a significant risk. This guide provides a data-driven action plan for Multifamily Housing professionals to help close that gap, reduce exposure, and boost NOI.
Download Resource
From Placer.ai
Return-to-office mandates have their limits. This report dives into the data to reveal how convenience-driven behaviors are truly impacting office recovery, and CRE professionals can best adapt.
Download Resource
From Placer.ai
As consumers become more selective, which retail and dining brands are set to thrive in 2026? This report uses location analytics to identify 10 standout companies and the specific, data-backed strategies driving their momentum to help you inform your strategy.
Download Resource
From Placer.ai
Which US metros are poised for major consumer growth? This report reveals the 5 markets to watch in 2026, using location analytics to uncover the unique trends driving retail and dining foot traffic in each city.
Download Resource









