CBRE is launching its own co-working company

CBRE is entering the co-working business. The brokerage announced on Wednesday that it is launching Hana, a subsidiary that will enter property management agreements with landlords to provide flexible office space to large corporate clients. In getting into the co-working business, the world’s largest real estate services company is betting that landlords want co-working components[…]

Parkoff Organization in contract to buy 400+ unit multifamily portfolio for $115M

The Parkoff Organization has a deal in place to buy a multifamily portfolio with more than 400 apartments across Brooklyn and Queens for $115 million. The Great Neck, Long Island-based investment firm is in contract to purchase a package of five pre-war elevator buildings concentrated in Southern Brooklyn and Eastern Queens from longtime owner Morris[…]

Venture-capital research firm more than doubles its footprint in the Garment District

CB Insights, a research firm that tracks venture capital investing, is growing to more than 40,000 square feet in the Garment District. The 10-year-old company signed a direct lease for the full, 43,000-square-foot 12th floor at George Comfort & Sons’ 498 Seventh Avenue, the landlord told The Real Deal. CB Insights will relocate to the[…]