Manhattan
Next Generation Honoree: Colliers’ Jessica Verdi Excels at an Early Age
Jessica Verdi came to Colliers International two years ago as part of its highly competitive training program. Fifty percent of… Read more
NKF Markets Move-In Ready Office in South Williamsburg
The newly-renovated boutique office property at 134 Broadway in South Williamsburg has 25,000 square feet of move-in ready space, says… Read more
NYC Growth Outpaces U.S. GDP Gains
The news is mostly good for New York City’s economy generally, and commercial real estate especially, in City Comptroller Scott… Read more
Manhattan, Bay Area Run Neck and Neck in YTD Office Sales
Although Manhattan has led the way year-to-date in office investment sales, the Bay Area’s total lags by only $34 million,… Read more
NY Times Co. Takes Three Full Floors in LIC
The New York Times Company has signed a 15-year lease for three full floors at Court Square Place in Long Island City, encompassing 57,846… Read more
Barneys Seeks Buyer in Chapter 11 Filing; Will Close Most Stores
Luxury retailer Barneys New York said Tuesday it had filed for Chapter 11 reorganization at U.S. Bankruptcy Court in Manhattan.… Read more
Investment Manager Brings Hudson Commons to 65% Pre-Leased
Brevet Capital Management signed a lease for 16,178 square feet at Cove Property Group’s Hudson Commons on Manhattan’s Far West… Read more
Outpost Club Takes Over Co-living Listings from Bedly
Co-living operator Bedly, which reportedly ceased operations abruptly late last month, has reached an operational management agreement with Brooklyn-based Outpost… Read more
Northern Manhattan Investment Sales Hold Steady for All But Apartments
Northern Manhattan’s investment property market was steady for development sites and commercial buildings in the first half of 2019. However,… Read more
L+M, Invesco Partner on $1.2B Deal for Manhattan Apartments
L+M Development Partners and Invesco Real Estate are under contract to purchase and preserve five former Mitchell-Lama developments in Manhattan from… Read more
ACRE Names Partner David Roth as President
Ares Commercial Real Estate Corporation (ACRE) announced today that it has appointed David Roth as president. Before joining ACRE this… Read more
Amazon in Talks to Lease Former Lord & Taylor Building
Although Amazon walked away from plans for a Long Island City campus, it still wants to grow its local presence… Read more
Impending Mansion Tax Pushes Manhattan Townhome Sales, Pricing
With a higher New York City mansion tax taking effect July 1, buyers and sellers rushed to close deals on… Read more
Brooklyn, LIC Post Strong Numbers in Office Demand
The Brooklyn and Long Island City office markets posted strong quarters in terms of demand and leasing activity, according to CBRE’s Q2… Read more
Best Buy’s Mag Mile Store Will Go Dark
Best Buy plans to close its flagship store in the former John Hancock Center, the Chicago Tribune reported. The two-level,… Read more
10 Takeaways — So Far — From the Opportunity Zone Program
There’s been a lot of chatter about The Opportunity Zone program and its effectiveness (or not). Though the program is… Read more
Life Time Will Rebrand 4 NYHRC Locations
Life Time plans to grow in Manhattan from five locations to nine through a collaboration agreement with New York Health… Read more
ABS Lists Property in Epicenter of Auto Row
ABS Partners Real Estate has been tapped to market a 20,000-square-foot flexible drive-in warehouse building at 539 W. 47th St. along… Read more
NYC Office Reaps Benefits of Job-Growth Velocity
The New York City economy continues to outpace both the state and nation in terms of private-sector job growth—by a… Read more