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Office Manhattan · Midtown
Blackstone acquires 1221 Avenue of the Americas in $1.65B deal
The 2.6M SF trophy tower changes hands in one of the largest NYC office trades of the year, as institutional buyers signal renewed confidence in Midtown's long-term fundamentals.
Multifamily Brooklyn · Williamsburg
Related Companies closes on 312-unit Williamsburg rental tower for $195M
The newly constructed building on N 7th St traded at a 4.8% cap rate with assumable financing in place, marking one of the borough's largest multifamily closings this quarter.
Industrial New Jersey · Meadowlands
Prologis snaps up 880K SF warehouse complex in East Rutherford for $340M
The last-mile logistics play comes as NYC-metro industrial vacancy remains near historic lows at 3.1%, with e-commerce demand continuing to outpace new supply across the region.
Retail Manhattan · SoHo
Chanel signs 15-year flagship lease at 102 Prince St — $4,200/SF asking
The luxury brand expands its NYC footprint with a 12,000 SF ground-floor retail deal brokered by CBRE, underscoring continued luxury demand along the Prince Street corridor.
Multifamily Miami · Brickell
Greystar picks up 428-unit Brickell tower for $287M in South Florida's biggest Q2 close
The deal reflects continued institutional appetite for Miami's urban core, where rent growth has outpaced national averages for six consecutive quarters.
Hotel Manhattan · Midtown South
Hyatt sells Park Avenue property to KSL Capital for $185M in portfolio rebalancing move
The 312-key full-service hotel trades at a 13.2x EBITDA multiple as Hyatt continues its asset-light strategy shift, with KSL planning a repositioning and soft-brand conversion.