Northeast

As part of the administration's “Freight NYC” initiative, the New York City Economic Development Corp. will release on Friday a request for proposal for a private partner to build an Urban Distribution Center totaling 500,000 square feet or more at the Brooklyn Army Terminal.

Avison Young will use some of the proceeds to buy out its current private equity partner Parallel49 Equity.

The William Kaufman Organization received the financing secured by its downtown landmarked office building.

The founder of B6 shares the firm's plans for its first year, in a GlobeSt.com interview.

GlobeSt.com spoke with Real Estate Roundtable CEO Jeffrey DeBoer and Roundtable SVP and Counsel Ryan McCormick to get a better understanding of how this program will work.

There were approximately 303,656 square feet of new leases and renewals executed in the three counties surveyed (Burlington, Camden and Gloucester), a gain of about 10% over the previous quarter, says WCRE's Jason Wolf.

The first step is to be prepared with information.

The life sciences and tech REIT purchased the East Midtown property agreeing to a sale leaseback with Pfizer.