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Original Northeast commercial real estate news & events for New York, New Jersey, Boston, Philadelphia, and other northeastern US states, plus expert insights, commentary and analysis into secondary and tertiary regional and local markets.
Originally built in the early 1970s, 440 Washington Street was in financial and physical distress when New York City-based BRP joined with St. James A.M.E. Development Corp, the City of Newark and the state to stabilize the property and facilitate much-needed upgrades and repairs.
Predictive analytics has become as necessary as a cup of coffee in the morning for CRE professionals, says Neelika Choudhury, senior vice president of product strategy at Ten-X Commercial.
Safehold Inc. is upping its market share in the New York City arena. The firm has just closed a $235 million ground lease at 135 West 50th St. Another transaction to add to its books before year-end.
Astrobotic's new headquarters is poised to become the epicenter for America's return to the Moon and will be the primary hub for lunar logistics in the United States, the company reports.