Manhattan
20k-SF of New Leases Signed at 485 Madison Avenue
Jack Resnick & Sons has secured four leases totaling 20,000 square feet at 485 Madison Avenue in Midtown Manhattan. … Read more
Slate Property, Avenue Realty Capital, and KABR Buy UWS Multifamily Building for $120M
Slate Property Group, KABR Group, and Avenue Realty Capital have jointly acquired 600 Columbus Avenue, a 14-story multifamily building in… Read more
Bayport Funding Provides $5M for UWS Townhouse
Bayport Funding has provided a $4.7 million acquisition and construction loan for the development of two triplex townhomes in the… Read more
Vornado Quietly Scraps Pier 92 Development
Vornado Realty Trust’s plans to redevelop trade show space on Pier 94 in Manhattan’s West Side have changed after the… Read more
Rudin Secures Lease Extension and New Tenant at 355 Lexington
Rudin has completed two new leases totaling 22,843 square feet at 355 Lexington Ave., its boutique office tower in Midtown Manhattan’s Grand Central… Read more
Apartment Rents Reach New Highs in Three NYC Boroughs
Median apartment rents in Manhattan, Brooklyn and northwest Queens have reached new highs, appraisal firm Miller Samuel reported. In the… Read more
LuxUrban Hotels Signs MLA to Operate Hotel 57 in Midtown
LuxUrban Hotels has signed a 25-year Master Lease Agreement, including two five-year options, to operate Hotel 57 in midtown Manhattan.… Read more
Manhattan Commercial Revitalization Program Launched to Renovate Struggling Office Buildings
The New York City Economic Development Corporation and the New York City Industrial Development Agency have launched the Manhattan Commercial… Read more
Nuveen Buys Omni Holding Company’s Real Estate Portfolio
Nuveen, the asset management arm of TIAA, is acquiring a portfolio of affordable housing assets from Omni Holding Company. The… Read more
Wasabi Sushi & Bento Renews Midtown Retail Lease with Handler
Handler Real Estate Organization has renewed a long-term lease with Wasabi, the London-based sushi and bento chain, at its 561… Read more
MillerKnoll Inks Expansion at 251 Park Avenue South
The Feil Organization has announced that MillerKnoll, a global office furniture design firm, has expanded its occupancy at 251 Park… Read more
REBNY Manhattan Office Building Visitation Report Shows Continued Flight to Quality
The Real Estate Board of New York (REBNY) has released its first quarterly report on building visitations of Manhattan office… Read more
Lendlease, McHugh Employees Celebrate Construction Safety Week
Lendlease and McHugh Construction joined contractors across the country May 1-5 in celebrating Construction Safety Week and participating in OSHA’s… Read more
Sluggish Leasing Quarter in Lower Manhattan
Lower Manhattan’s commercial leasing market in the first quarter of 2023 saw a decline in leasing activity, mirroring the same… Read more
New Yorkers Could Face Up to 7% Rent Increase After Oct 1st
The Rent Guidelines Board in New York City has approved a maximum rent increase of between 2% and 5% on… Read more
New Private Equity Firm Signs Sublease in Meatpacking District
Springcoast Capital Partners, a private growth equity firm, has signed a sublease for 4,743 square feet of space at 860… Read more
Colliers: Manhattan Office Leasing Volume Continues to Drop in April
In April, the leasing volume in Manhattan decreased by 7.7% from the prior month and 43.9% from the previous year,… Read more
Feil Unveils Capital Improvement Plans at 7 Penn Plaza
The Feil Organization has announced its plans to renovate 7 Penn Plaza in Midtown Manhattan. Improvements include a new roof… Read more
Entity Managed by NYCRC Provides $20M for New Charter School in the Bronx
The New York City Regional Center has announced the closing of $20 million in New Market Tax Credit financing to… Read more