@commobserver

Connecting and informing industry leaders of trends and individuals defining the global commercial real estate landscape.

 New York, NY
linktr.ee/CommercialObserver
Joined May 2009
  • Tweets50.4K
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  • Followers23.6K
2.4KMedia
CP Group Sells Third Boca Raton Office for $79M trib.al/TthsMxj

CP Group Sells Third Boca Raton Office for $79M

City National Bank of Florida provided a $82.1 million loan.

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New York City’s Pied-à-Terre Surcharge Changes the Investment Calculation trib.al/5hKFTPM

New York’s Pied-à-Terre Surcharge Changes the Investment Calculation

The differences in how properties are treated matter when buyers compare their options.

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Revamp NYC Wants to Bring 99 Units to the Financial District’s 160 Pearl Street trib.al/VD73LJw

Revamp NYC Wants to Bring 99 Units to FiDi’s 160 Pearl Street

If approved, the proposed mixed-use building would stand 25 stories and include 99 units.

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Rexford Sells $1.3B in SoCal Industrial Assets as Leasing Rebounds trib.al/A65bYv3

Rexford Sells $1.3B in SoCal Industrial Assets as Leasing Rebounds

The warehouse REIT raised its earnings expectations but thinned its development pipeline.

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Legion Investment Group Buys Upper East Side Development Site for $30M trib.al/4pEadHY

Legion Investment Group Buys Upper East Side Development Site for $30M

The Victor Sigoura-led firm bought the property at 1497 Third Avenue for $12.5 million, as well as additional air rights.

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Roof of Concept: Meet Jeff Thramann, a Data Center Disruptor trib.al/i9tMQhN

LT350’s Jeff Thramann Has Plans For Mini Data Centers in Parking Lots

The founder of LT350 aims to upend the big-box data center industry from the top down with former Defense Secretary Mark Esper.

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Dwight Investment Management Provides $73M Refi for Reno’s Ballpark Apartments trib.al/MFZe2ID

Dwight Provides $73M Refi for Reno’s Ballpark Apartments

The 368-unit multifamily property overlooks the minor league baseball stadium for the Triple-A farm team of the Arizona Diamondbacks.

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The NYC Community Opportunity to Purchase Act Passed — Now What? trib.al/iyzGwUK

The NYC Community Opportunity to Purchase Act Passed — Now What?

The law passed Thursday after six years of revisions and a mayoral veto.

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KKR Refis Brooklyn Apartments With $95M Loan trib.al/zzQxfFw

KKR Refis Brooklyn Apartments With $95M Loan 

The 133-unit Gowanus multifamily building at 544 Carroll Street opened in late 2025 near the border of Park Slope.

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Podcast: Reducing CRE Energy Costs with Physical AI, with R-Zero CEO Jennifer Nuckles trib.al/yy7xeuJ

Podcast: Reducing CRE Energy Costs with Physical AI | R-Zero

R-Zero CEO Jennifer Nuckles and MetaProp's Zach Aarons on why buildings waste energy on fixed schedules and how physical AI closes the gap.

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Northmarq Arranges $96M Refi for 1,461-Unit SoCal Portfolio trib.al/a3QwlKL

Northmarq Arranges $96M Refi for 1,461-Unit SoCal Portfolio

Voya Investment Management provided six separate loans for the E&S Ring portfolio.

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Grover Corlew Buys Discounted Fort Lauderdale Tower for $70M trib.al/OGC0WF9

Grover Corlew Buys Discounted Fort Lauderdale Tower for $70M

The 447,253-square-foot property is 75 percent occupied.

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Jordan Kornberg of Mast Capital: 5 Questions trib.al/4zToaeU

Jordan Kornberg of Mast Capital: 5 Questions

Kornberg spoke with Commercial Observer recently about West Palm Beach growth, and the new challenges that come with it.

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Carnegie Diner & Cafe Operator to Open New Restaurant at 7 Penn Plaza trib.al/0KimBXC

Carnegie Diner & Cafe Operator to Open New Restaurant at 7 Penn Plaza

Carnegie Hospitality signed a tri-party deal with landlord Feil Organization and the departing tenant, Smashburger.

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Former Miami Beach Mayor Philip Levine Plans South Beach Office Dev trib.al/yMeM2H9

Former Miami Beach Mayor Philip Levine Plans South Beach Office Dev

The proposal comes as Levine is facing scrutiny for his relationship with convicted sex offender Jeffrey Epstein. 

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Italian Kitchen Manufacturer Officine Gullo to Open Store at 95 Madison Avenue trib.al/dlUTe7x

Kitchen Manufacturer Officine Gullo to Open Store at 95 Madison Avenue

The 10-year lease represents Officine Gullo’s new flagship space in New York City.

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David Werner Buys 49% Stake in 605 Third Avenue trib.al/1g7YZ4b

David Werner Buys 49% Stake in 605 Third Avenue

Werner acquired a stake in 605 Third Avenue, a 43-story, 1 million-square-foot office tower he now owns in tandem with Fisher Brothers.

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SL Green Reports High Q3 Earnings From Sales of Two Manhattan Properties trib.al/UMD4n3T

SL Green Reports High Q3 Earnings From Sales of Manhattan Properties

SL Green Realty recorded strong performance during the third quarter of 2026 despite high interest rates and slower leasing.

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Newmark Launches Bridge Lending Program, Finances $35M Loan for Georgia Multifamily trib.al/Su20mrV

Newmark Launches Bridge Lending Program

The firm’s Multifamily Bridge Program first deal finances a $35 million loan for a Georgia multifamily.

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IT Firm Mphasis Expands by 14K SF at Rudin’s 41 Madison Avenue trib.al/Pded0Ez

IT Firm Mphasis Expands by 14K SF at Rudin’s 41 Madison Avenue

The tenant grew to 27,709 square feet to occupy the Midtown South office tower’s entire 36th floor.

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