News

The transaction, reported by NAI James E. Hanson, marks Long Point Realty Partners second acquisition in the Garden State.

In its second quarter financial announcement, the company revealed that on Monday (Aug. 5) it secured a $150-million mortgage on its 111 River St. office building in Hoboken, NJ.

For Colliers it means the addition of an established four-person office capital markets team and five veteran industrial brokerage professionals. Colliers will also fold Podolsky’s 32-building, 2.1-million-square-foot property management portfolio into its existing portfolio.

The recently completed 387-unit luxury rental development at 10400 Southwest City Center Blvd. is part of Pines City Center, a 47-acre master-planned village featuring approximately 300,000 square feet of lifestyle-oriented retail, entertainment and restaurant space.

Waterton acquired a three-property residential portfolio totaling 950 units, marking its re-entry into the Austin real estate market, having sold its last local asset in March 2015.

Long Island City’s Skyline Tower has sold 25% of its luxury condominiums for $223M in two and a half months.

The New York Times plans to relocate 350 employees from its Manhattan headquarters to Court Square Place in Long Island City.

The biopharmaceutical company will join Philips North America at 222 Jacobs St. in 2020.