New York City — PCCP LLC has provided a $47.1 million senior loan to a joint venture between Onyx Equities and KBS Capital Advisors for the redevelopment of 210 W. 31st St. in Manhattan’s Penn Plaza submarket.
Glen Cove, N.Y. — RXR Realty has broken ground on Garvies Point, a $1 billion waterfront redevelopment in the Long Island city of Glen Cove.
Mahopac, N.Y. — Heidenberg Properties Group has received final site-plan approval for the renovation and expansion of Lake Plaza Shopping Center, located roughly 50 miles north of New York City in Mahopac.
New York City — Nike Inc. is set to open a new 69,214-square-foot, seven-story location at 650 Fifth Avenue in New York City.
New York City — New York City-based Integra Realty Resources (IRR) has tapped economist Hugh Kelly to lend his expertise to the company’s “Viewpoint 2017 Commercial Real Estate Trends Report.”
New York City — The North Face has opened its first-ever flagship store in New York City.
New York City — Rosewood Realty Group has arranged the sale of a four-building retail portfolio in the Homecrest neighborhood of Brooklyn.
New York City — Target is set to open a new 27,000-square-foot, flexible-format store at 500 East 14th St. in the East Village neighborhood of New York City.
Manlius, N.Y. — The Boulder Group has arranged the sale of a single-tenant net-leased Rite Aid property located at 8230 Cazenovia Road in Manlius.
Bay Shore, N.Y. — A joint venture between Mattone Group LLC and Gartenstein Properties has acquired ShopRite at Bay Shore, a 60,000-square-foot, single-tenant retail property located in the Long Island community of Bay Shore, for $30 million.