Manhattan
Manhattan Retail Seeing Signs for Optimism
Manhattan’s retail market is finally seeing the light at end of the tunnel with the reopening of indoor dining, malls, arts… Read more
Capital Markets Veterans Launch Advisory Firm Geared to Sale-Leasebacks
A team of experienced investment bankers and real estate and M&A professionals has formed SLB Capital Advisors, a real estate advisory firm… Read more
Dimon: Chase Will “Significantly Reduce” Office Requirements, But Committed to Building New Headquarters
JPMorgan Chase plans to “significantly reduce” its global office requirements while reconfiguring layouts, chairman and CEO Jamie Dimon wrote Wednesday… Read more
SJP Bolsters Property Management with Promotion, New Hire
SJP Properties deepened its leadership team with a promotion and hiring within its property management platform. Barbara Quintana was promoted to… Read more
GiGstreem Raises $50M to Deploy Multifamily WiFi in 15 U.S. Markets
New York City-based gigabit internet service provider GiGstreem has secured a $50-million investment from Crestline Investors to support its continued growth… Read more
Avison’s Tri-State Team Markets Nolita Storage Facility
Recent Top Broker Award honorees, the Tri-State Investment Sales Group for Avison Young has been engaged to sell a Class A self-storage… Read more
Manhattan Sublease Inventory Nears 21st Century High
Both direct and sublease space continued flooding the Manhattan office market in the first quarter, increasing overall availability to 17.2%,… Read more
Manhattan Residential Sales Rebound from 2020 Collapse
First-quarter Manhattan residential sales, including co-ops and condominiums, exceeded the year-ago total for the first time in four quarters, according… Read more
Manhattan Office Availabilities Reach Highest Level in At Least Three Decades
Manhattan office availabilities hit a peak going back at least three decades in the first quarter, according to Q1 reports… Read more
Coffee Café Bluestone Lane Plans 15 Openings in 2021
Specialty coffee roaster, café and lifestyle brand Bluestone Lane plans to open up to 15 locations this year. Planned new openings over… Read more
“Pockets of Strength” Emerge Amid Elevated Levels of Office Sublease Space
Reports at both the local and national levels have made the point that office sublease space has increased during the… Read more
Kaufman Enters 99-Year Ground Lease on Haymarket Building
The Kaufman Organization acquired The Haymarket Building at 135 W. 29th St. for $34.5 million from MFM Properties LLC under a newly formed 99-year ground lease. Michael… Read more
CushWake Markets Residential, Mixed-Use Portfolio Across Downtown and Midtown
Cushman & Wakefield has been retained to arrange the sale of The Metro Portfolio, a 13-building portfolio located mainly in… Read more
Newmark Hires Exec Team to Lead Knotel Business
Newmark Group has hired Michael Gross, Eric Gross and Yoav Gery as the executive team to lead the company’s new Knotel flex space… Read more
Urban Umbrella Partners with Madison Avenue BID
Urban Umbrella has partnered with Madison Avenue Business Improvement District (BID), as part of the BID’s effort to promote safe sidewalks, without… Read more
Manhattan Office Demand Picks Up, Led by Finance Tenants
Manhattan’s office market has begun picking up, with lower rents and concessions pushing some companies to seek space after months of remote… Read more
HYPOTHEkids Expands into Janus Space in Manhattanville
HYPOTHEkids (Hk) has expanded from its existing space at Harlem Biospace in the Manhattanville Factory District into its first dedicated… Read more
Long Island Multifamily Sale Sets Price-Per-Unit Record
Marcus & Millichap closed the sale of The Horizon at Roslyn, a 50-unit, 55-plus age-restricted luxury apartment building in Roslyn, NY. The asset… Read more
Hell’s Kitchen Condo Project Launches Sales
Xin Development Group International, Inc. in conjunction with Kuafu Properties as the development manager, launched sales for Bloom on Forty-Fifth, a residential… Read more