Manhattan
Brax Realty Arranges Deal for Long Island City Parcel
Brax Realty arranged the sale of a prime development site in Long Island City for $8,400,000, or $350 per buildable square… Read more
Office Conversions Finally Gain Momentum
With the cost of acquiring an office building to convert to residential use often too high to make the economics… Read more
Ropes & Gray to Relocate to 430K SF with RXR
In one of Manhattan’s largest office leases this year, law firm Ropes & Gray will relocate to approximately 430,000 square… Read more
Republic of Brazil Signs Renewal, Expansion at News Building
SL Green Realty Corp. arranged a renewal and expansion lease with the Federative Republic of Brazil at the News Building… Read more
Ariel Arranges Multiple Construction and Refinancing Loans
The Capital Services Group for Ariel Property Advisors recently arranged construction, refinancing and acquisition loans totaling over $17 million for… Read more
San Francisco Tops Manhattan for Office Rents
San Francisco is now the most expensive office market in the nation, surpassing Manhattan for the first time in years, Commercial Edge reported. Asking… Read more
JLL Tapped to Lease Manhattan West Offices
JLL been retained as the exclusive leasing agent for the office component of Brookfield Properties’ seven-million-square-foot mixed-use development at Manhattan… Read more
AmTrust Snags Midtown East Office Tower for $66M
AmTrust RE completed the $65.5-million acquisition of 360 Lexington Ave., a 268,000-square-foot office building located in the Midtown East neighborhood of Manhattan. Constructed… Read more
SL Green Sells 11% Stake in One Vanderbilt; Deal Values Tower at $4.7B
SL Green Realty Corp. closed on the sale of an 11% interest in One Vanderbilt Ave. to Japan-based Mori Building… Read more
Acuity Knowledge Partners Relocates Manhattan Office to Vornado’s PENN 1
Cresa arranged a lease for 6,495 square feet at Vornado Realty Trust’s PENN 1 for Acuity Knowledge Partners, a global provider… Read more
Canvas, Tokyu Acquire Brooklyn Multifamily in Second $100M-Plus Deal in a Month
Canvas Investment Partners and Tokyu Land US have closed on the $112.8-million acquisition of 436 Albee Square, a 150-unit multifamily property located… Read more
Luxury Vintage and Secondhand Retailer Relocates to Houston Street
Manhattan Skyline Management Corp. arranged a new long-term lease with No Standing NYC, a luxury vintage and secondhand retailer, at 65-69 W. Houston St.,… Read more
Tech Sector Now Leads U.S. Office Leasing
The tech industry increased its share of U.S. office leasing activity to 18% in the first three quarters of this year, boosted in… Read more
Landmarked Scheffel Hall Trades in Gramercy Park
Ariel Property Advisors arranged the sale of a vacant four-story, 5,980-square-foot landmarked commercial building with approximately 17,000 buildable square feet of… Read more
Hochul Revives Congestion Pricing for NYC; January 2025 Start Projected
New York City’s congestion pricing program, the first in the U.S. but paused indefinitely ahead of a scheduled June 30… Read more
A New Use for Unused Buildings: Self Storage Facilities
Pictured: 555 Bay Area Blvd., Houston. Originally an office building, the facility was converted to self storage in 2018. Photo… Read more
