New York-based ecommerce company Pharmapacks closed its latest investment round, selling a minority stake to raise a total of $32.5 million. Investors included CPG company RB, McKesson Ventures, Sealed Air and The Emerson Group. Read more at the New York Business Journal.
Silverstein Properties opened 3 World Trade Center on Monday with 40 percent of the 2.5 million square feet of office space already leased. The 80-story, 1,000-foot building is the second tallest in the World Trade Center complex. Read more at BisNow.
An analysis by ATTOM Data Solutions ranks New York at the bottom of the list of cities vying for Amazon’s second headquarters due to its real estate market. With a median home price of $1.445 million, NYC is the most expensive housing among the 20 cities in contention. Read more at New York City Patch.