New York

CBRE's Manhattan MarketFlash notes 33 office leases signed last year were for more than 100,000 square feet with 11 transactions for spaces greater than 250,000 square feet.

New Empire Real Estate plans to demolish the existing distressed property and construct an approved 69-unit residential condominium building that will total approximately 85,000 square feet upon completion, according to Madison Realty Capital.

The Gateway Program and other crucial infrastructure projects may need to re-evaluate financing, increasing public-private components.

Allure Group will revitalize a Harlem nursing home, open new facilities in Brooklyn and the Lower East Side and pay $1.25 million to Lower East Side non-profits.

Here is a roundup of the latest leases, sales and other transactions in the Northeast middle markets.

The 45-story hotel at 140 W. 28th St. is expected to open in 2019.

The median sales price for entering contracts in Brooklyn rose 73% year-over-year with inventory falling more than 22%, while Manhattan new development inventory rose 18% in 2017.

"President Ford may have metaphorically told New York to drop dead in 1975—but this federal government is the most hostile and aggressive toward New York in history.”—Gov. Andrew Cuomo