NEW YORK CITY—The healthcare occupier has signed a 55,000-square-foot, long-term lease, adding to the 20,000 square feet it already takes at Lower Manhattan's first medical office building.
BOSTON—While most data continues to point to very strong markets going forward, particularly in Cambridge, there are some signs that landlords are looking to make deals in Boston and are not married to their “sticker price.”
NEW YORK CITY—The Manhattan residential real estate market broke records in the second quarter for overall median closing price ($1,195,000) as well as for the median co-op selling price ($790,000).
BOSTON—The seller—an affiliate of Abramson Brothers of New York City—entered the Boston market back in October 2014 with the $8.8-million purchase of the 26,000-square-foot, six-story office and retail building.
NEW YORK CITY—The appointee manages a business line devoted to recapitalizing and preserving affordable housing across the US, with a concentration in rural areas.
BOSTON—Since 2014, the class B market in Boston has recorded nearly $3 billion in transactions in sales volume. So far this year, the class B sector has seen more than $700 million in office sales in the Downtown market.
BOSTON—BCG, in an expansion of its presence in Boston, will shift operations in June 2018 from 146,000 square feet of space at its two Boston buildings— Exchange Place and One Beacon St.