Manhattan
Lightbridge Academy Chooses Far West Side for First Manhattan Lease
Early childhood education center Lightbridge Academy has signed its first Manhattan lease, committing to 15 years and 11,491 square feet… Read more
Barclays Center Sells Along with Brooklyn Nets Franchise
Alibaba co-founder Joe Tsai is acquiring the Barclays Center arena in downtown Brooklyn for a reported $700 million. It’s separate… Read more
San Francisco Dominates Global Price Growth Rankings, Los Angeles No. 4
Two California markets claimed spots among the top four on Real Capital Analytics’ (RCA) global price growth rankings. North America… Read more
Next Generation Honoree: Brookfield’s Mark Kostic Combines Steadiness with Foresight
Running an eight-million-square-foot office and retail complex, along with an upcoming mixed-use development of comparable scale, calls for a steady… Read more
Next Generation Honoree: CBRE’s Taylor Scheinman Rises Quickly Through the Ranks
Taylor Scheinman joined CBRE four years ago, quickly building up her client list and her reputation within the commercial real… Read more
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