Manhattan
NY Outer Boroughs Industrial Vacancy Rate Rises
In the third quarter, the industrial vacancy rate for the New York Outer Boroughs increased slightly, rising by 20 basis… Read more
DC Coworking Spaces Drops 4% in Q3
In the third quarter of 2023, the number of coworking spaces in the U.S. remained relatively stable, with only a… Read more
$65M Cold Storage Facility Could Be Headed for Lockhart
One of the nation’s most prominent developers is behind an effort to build a $65 million cold storage facility in… Read more
575 Madison Avenue Adds Four Leases Totaling 25K-SF
575 Madison Avenue, an office property in Midtown, has added four new office leases totaling 25,000 square feet. The property… Read more
Freedom Plaza to Add 513 Units of Affordable Housing
Soloviev Group is including 513 permanently affordable housing units in its proposed Freedom Plaza mixed-use development and public open space… Read more
RIPCO Nabs Two Brokers from B6
RIPCO Real Estate has appointed two new real estate professionals to lead the firm’s investment sales presence in Upper Manhattan… Read more
SL Green President Andrew Mathias Stepping Down
Andrew Mathias, president of SL Green Realty Corp., Manhattan’s largest office landlord, will be stepping down from his role at… Read more
Manhattan Retail Market Booms in Q3
Manhattan’s retail market is on an upswing, as CBRE’s Q3 2023 report reveals. Average asking rents in prime retail… Read more
Icon Parking Renews Lease in Upper East Side
Icon Parking Systems has renewed a long-term lease for 225 subterranean parking spaces at Manhattan House, a cooperative condominium building… Read more
Large Manhattan Office Occupiers Drive Renewals in Q3
Different occupier sizes are adapting to the current market conditions in Manhattan, with large occupiers driving renewals while smaller and… Read more
Manhattan Office Shows Mixed Trends in Q3
Transwestern’s Q3 report on the Manhattan office market reveals mixed trends. Leasing activity decreased to 5.0 million square feet in… Read more
NYC Meets Only 20% Housing Production Target
The Real Estate Board of New York (REBNY) has released its Multi-Family Foundation Plan Application Report, highlighting a decline in… Read more
Veteran Broker Chris Brodhead Joins Ariel Property Advisors
Christoffer Brodhead, an experienced investment sales professional, has joined Ariel Property Advisors as a partner and managing director in the… Read more
Manhattan Office Leasing Drops 33% YTD
Manhattan’s office market showed cautious leasing activity in Q3 2023, with 4.30 million square feet leased, below the five-year average… Read more
New Yorkers Sign Fewer New Development Contracts in Q3
In Manhattan, 241 new development contracts were signed in Q3 2023, down 40 percent from Q2 2023 and down 30… Read more
40 Exchange Place Renews Three Leases
GFP Real Estate has secured three lease renewals totaling 12,385 square feet at 40 Exchange Place in Manhattan’s Financial District. … Read more
ALUR Walls Relocates Showroom to 150 Broadway
ALUR Walls, a manufacturer of demountable glass wall systems, is relocating its New York showroom from midtown Manhattan to 150… Read more