Northeast

The next wave of proptech innovation will likely be aimed at modernizing aging buildings across major cities.

Svizeny will lead OceanFirst's expansion in the metropolitan Philadelphia market area, which the $8-billiom bank states is a strategic priority.

The $17.3-million purchase was financed by BlueHub Capital, formerly known as Boston Community Capital, using Capital Magnet Funds from the U.S. Department of Treasury, and by Citi Community Capital, using a combination of Affordable Housing Catalyst funds and acquisition bridge debt financing.

New York City's planning commission chair Marisa Lago spoke about where the city is headed with real estate growth at REBNY's 16th Annual Commercial Management Leadership Breakfast.

The advertising firm agreed to lease the full sixth floor for 10 years from Thor Equities.

111 Harbor Way is a 525,000 square foot, 17-story building with two stories devoted to retail and restaurant uses. Amazon will be leasing approximately 430,000 square feet at the property and will take occupancy of the building when construction is completed in 2021.