Manhattan
Hobby Lobby to Open First Manhattan Store in Tribeca
Hobby Lobby has signed a lease for its first Manhattan store, occupying 70,716 square feet on the second floor of… Read more
Valuation Declines on Distressed Properties Now Average 43%
Valuations on distressed properties as of midyear 2024 have declined an average of 43% from their original issuance, CRED iQ… Read more
Manhattan Office Market Rebounds in Q2
The office market in Manhattan experienced a rebound in leasing activity to 8.7 million square feet, following a sluggish Q1,… Read more
Manhattan Office Building Visitations Continue to Rise in May
The Real Estate Board of New York (REBNY) released its latest monthly analysis based on Placer.ai location data, covering 350… Read more
Handful of Prime Office Buildings Thrive as Broader Sector Struggles
A small subset of prime office properties is thriving while much of the sector struggles to adapt from high interest rates,… Read more
Cushman & Wakefield: Manhattan Office Visitation Rates Rebound
A new report by Cushman & Wakefield highlights the resurgence of office visitation rates in Manhattan, signaling a robust recovery… Read more
Blackstone Close to Expanding Midtown HQ to Over 1M SF
Blackstone is finalizing a deal to expand its headquarters at Rudin’s 345 Park Avenue in Midtown Manhattan. The expansion would… Read more
Hochul Pauses NYC Congestion Pricing Plan Indefinitely
The first congestion pricing program enacted in the U.S. has been put on hold. New York Gov. Kathy Hochul said… Read more
REBNY: Class A+ Office Visitation Reaches Post-Pandemic Peak
The Real Estate Board of New York (REBNY) has released its latest analysis of Placer.ai location data for 350 Manhattan… Read more
RIPCO to Market Affordable Housing Components of Willets Point
RIPCO Real Estate has been appointed as the exclusive retail leasing broker for the Willets Point project in Queens, NY.… Read more
BOMA New York Hosts Energy Action Day
As New York City moves forward to implement and enforce the Climate Mobilization Act, the largest climate solution of any… Read more
WGAE Renews 16K-SF Lease in Lower Manhattan
Jack Resnick & Sons has finalized a lease renewal with the Writers Guild of America East Inc. (WGAE) at its… Read more
MAG Partners Tops Out Two NYC Resi Towers
MAG Partners has reached a milestone with the topping out of two new Manhattan residential towers, a significant step towards… Read more
The Ongoing Evolution of American Cities
Consider Manhattan. Once a quaint Dutch village, the city today boasts mile after mile of high-rise buildings, crowded streets and… Read more
Survey: RE Sector Leads in Office Attendance at 83%
A recent survey by the Partnership for New York City revealed that 56% of Manhattan office workers are back at… Read more
Declining DSCRs Mean Potential Distress in Many Office Markets
Although the much-anticipated wave of office distress has yet to materialize, new research fromYardi Matrix shows that many markets are… Read more