Northeast

“Recently we have seen a surge in interest in the Old City sub-market, which makes sense given its accessibility and proximity to the CBD," says Chris Egan, a senior associate at RRA.

The Bethesda, MD-based REIT closed on the $302 million deal with the buyer, Davidson Kempner Capital Management.

Millennials are changing the face of real estate as GID is creating a unique amenity for residential developments—something for skateboarders.

The financial services company moves down the street to the Vornado and SL Green tower in Midtown East.

Renting a three-bedroom property is more affordable than buying a median-priced home in or 59% of US counties analyzed by ATTOM Data Solutions.

The disposition of 55 Walkers Brook Drive follows a capital improvement plan implemented by Philadelphia-based Rubenstein and Nordblom of Burlington, MA that was focused on modernization and amenitization of the building.

The properties will be remediated and returned to commerce, as HRP plans a second life for both sites as warehouse distribution hubs.

Kevin Coleman has joined WCRE as EVP and chief sales officer. He comes from Keller Williams Commercial.