Northeast

The Department of Financial Services new rules, Insurance Regulation 208, have been reinstated.

The wedding planning and registry tenant signed a 30,000 square-foot lease at Silverstein Properties' World Trade Center building.

What started as a sublease has resulted in a long-term direct lease with the building owner GLL Real Estate Partners.

The recent IDA approvals come at a time when the city is at odds with the county's union building trades.

Hospitality Properties Trust expects to realize a gain of $160 million from these sales.

“The Opportunity Zone program appears to be attracting significant amounts of capital, and many investors we have spoken to have mentioned multifamily as perhaps the best property segment for investment under the program."

“The property's durable in-place cash flow and significant upside were appealing to American Equity Partners," says Newmark Knight Frank's Kevin Welsh.

Greystar acquired the 266-unit residential building in Chelsea, as Sam Zell's company continues to exit from West Side apartment rentals.