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Commercial Observer

@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
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Doron Greenberg Buys Luxury Brooklyn Apartment Building for $52M trib.al/XZJFVMH
Doron Greenberg Buys Luxury Brooklyn Apartment Building for $52M

Doron Greenberg Buys Luxury Brooklyn Apartment Building for $52M

The 95-unit residential complex at 100 Lenox Road was redeveloped in 2020.

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Enverra Buys Northern Virginia Office Campus for $42M trib.al/Rr0MKD2
Enverra Buys Northern Virginia Office Campus for $42M

Enverra Buys Northern Virginia Office Campus for $42M

The 260,000-square-foot property in Herndon is 95 percent leased.

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Extell Acquires Air Rights to Possibly Expand Scope of 655 Madison Avenue trib.al/0SiqZf3
Extell Buys Air Rights to Possibly Expand Scope of 655 Madison Avenue

Extell Buys Air Rights to Possibly Expand Scope of 655 Madison Avenue

Extell paid $34.9 million to Hartz Mountain Industries for the air rights attached to 36 East 61st Street and 34 East 61st Street.

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Development Site Next to Fatal Flatbush Building Collapse Faced Safety Issues trib.al/kAH0oPt
Dev Site Next to Fatal Flatbush Building Collapse Faced Safety Issues

Dev Site Next to Fatal Flatbush Building Collapse Faced Safety Issues

The three-story mixed-use building at 1321 Flatbush Avenue collapsed on Wednesday afternoon, leaving at least eight people dead.

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Get to Know the Broker: Jennifer Reddington of Compass trib.al/vnODaWC

Get to Know the Broker: Jennifer Reddington of Compass

The University of North Carolina alum and married mother of two has been involved in more than $600 million in sales.

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The Call Is Coming From Inside the Townhouse trib.al/0z1iYMP
The Call Is Coming From Inside the Townhouse

The Call Is Coming From Inside the Townhouse

Or, what “as-was” means in New York City real estate.

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Hangars-On: Aviation-Related Real Estate Investment Takes Off in 2026 trib.al/jPpIIHT
Aviation-Related Real Estate Investment Takes Off in 2026

Aviation-Related Real Estate Investment Takes Off in 2026

Longer-lasting planes and more air travel are driving big names like Blackstone and SomeraRoad to up their miles in the niche sector.

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Can Nithya Raman Break L.A.’s Development Gridlock? trib.al/ophjFea
L.A. Mayor-Elect Nithya Raman’sReal Estate Reckoning

L.A. Mayor-Elect Nithya Raman’sReal Estate Reckoning

‘I'm a planner first and foremost.’

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VNS Health Renews 8K-SF Lease at the Bronx’s Hutchinson Metro Center trib.al/vl4Kc8j
VNS Health Renews 8K-SF Lease at the Bronx’s Hutchinson Metro Center

VNS Health Renews 8K-SF Lease at the Bronx’s Hutchinson Metro Center

The senior care and in-home nursing provider has been a tenant at the mixed-use property since 2003.

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Jacob Fulop Files Plans for Two 99-Unit Buildings in East Harlem trib.al/okwkZKe
Jacob Fulop Files Plans for Two 99-Unit Buildings in East Harlem

Jacob Fulop Files Plans for Two 99-Unit Buildings in East Harlem

Plans for the 11-story buildings call for a gym at the top of 306 East 101st Street and 5,757 square feet of outdoor recreation space.

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CP Group-Led JV Lands $272M for Mixed-Use Boca Raton Campus trib.al/kah1Kvt
Blackstone Fund Lends $272M for Mixed-Use Boca Raton Campus

Blackstone Fund Lends $272M for Mixed-Use Boca Raton Campus

The developers paid $193 million for the mixed-use complex with 272 apartments and 544,852 square feet of office and retail space.

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Goodman Capital Leads $31M Condo Inventory Loan on Seattle-Area Resi Tower trib.al/rzSiNZH
Goodman Capital Leads $31M Condo Inventory Loan on Seattle Resi Tower

Goodman Capital Leads $31M Condo Inventory Loan on Seattle Resi Tower

Create World Real Estate developed the 138-unit luxury development in Bellevue, Wash.

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Extell Buys 1645 First Avenue on the Upper East Side for $28M trib.al/wpDp5L9
Extell Buys 1645 First Avenue on the Upper East Side for $28M

Extell Buys 1645 First Avenue on the Upper East Side for $28M

Gary Barnett’s Extell Development continues to stockpile small plots of land around Manhattan.

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RFR Seals $101M Refi on Downtown Miami Office Building trib.al/s1JQLGG
RFR Seals $101M Refi on Downtown Miami Office Building

RFR Seals $101M Refi on Downtown Miami Office Building

Derby Lane Partners and Axonic Capital supplied the loan for 100 Biscayne, a property the developer acquired in 2022.

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Peak Capital Sells Upper East Side Mixed-Use Building for $23M trib.al/YXHlbkg
Peak Capital Sells Upper East Side Mixed-Use Building for $23M

Peak Capital Sells Upper East Side Mixed-Use Building for $23M

The firm offloaded 308 East 78th Street to an unlikely buyer in Japanese staircase fabricator Yokomori Manufacturing Company.

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Unresolved NYC Housing Violations Increase 4% in October: Report trib.al/NFiCltb
Unresolved NYC Housing Violations Increase 4% in October: Report

Unresolved NYC Housing Violations Increase 4% in October: Report

Renters are filing complaints that go unaddressed, with the backlog rising, according to a new report from OpenIgloo.

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American Land Title Association Taps Orbital as Platform for Its Licensed Content trib.al/NuSeQZO
American Land Title Association Taps Orbital as Content Platform

American Land Title Association Taps Orbital as Content Platform

In a first for the property title clearinghouse, commercial real estate lawyers can now access ALTA forms through an AI-powered site.

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When Hotel Financing Fails, Know Who Holds Which Cards trib.al/vCcSS64
When Hotel Financing Fails, Know Who Holds Which Cards

When Hotel Financing Fails, Know Who Holds Which Cards

Hotel distress is fundamentally a contest over control, and the legal consequences of distress can continue even after ownership changes.

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Simon Nearing $555M CMBS Package to Refi Dadeland Mall in South Florida trib.al/Vz3vKM8
Simon Nearing $555M CMBS Package to Refi Dadeland Mall in SFL

Simon Nearing $555M CMBS Package to Refi Dadeland Mall in SFL

Fitch Ratings valued the 1.5 million-square-foot mall at $909 million.

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In California’s Orange County, the New Direction Is Vertical trib.al/FwyLvR5
In California’s Orange County, the New Direction Is Vertical

In California’s Orange County, the New Direction Is Vertical

Developers starting to lean into density in the famously car-centric and suburban L.A. neighbor.

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