News

The Brooklyn Brokers United fund has exceeded its $20,000 goal at a current level of $23,016.

Due to the coronavirus pandemic, Manhattan office leasing tenants have pressed pause on contracts for new space, according to a recent Avison Young report.

The 282,542-square-foot asset in Merrifield, VA recently underwent $7 million in capital improvements.

Silverback Development, a New York-based real estate owner, developer and investor, is slated to welcome its first tenants to move into its luxury condominium at 24-16 Queens Plaza South, in Long Island City. The property, dubbed the HERO LIC, features 109 luxury condominiums with views of Manhattan.

CRE CLOs are not included in the Fed's expanded TALF term sheet but the CRE Finance Council will be advocating for their inclusions.

Companies will still find value in having people together physically, Colliers states in its released report.

The 32,184-square-foot multifamily property closed at $4.7 million, or approximately $149 per square foot.

The Labor Department reported that 214,836 workers filed for unemployment during the week of March 29-April 4, up from 206,253 the week earlier (March 22-28) and 155,815 during the week of March 15-21.