Manhattan
Extell Development Acquires Iconic Four Seasons Resort and Club
Extell Development bought the 431-key Four Seasons Resort and Club Dallas at Las Colinas. The Manhattan-based buyer came to an… Read more
WeWork Unveils Plans for Historic Lord & Taylor Manhattan Building
Taking over Lord & Taylor’s historic Fifth Avenue site, WeWork has unveiled its plans for the 700,000-square-foot building in Manhattan.… Read more
Avison Young Lands 2 Top Brokers from CBRE
Keith Caggiano (above) and Roshan Shah have joined Avison Young as principals based in the firm’s Manhattan office. Both were… Read more
HALO Branded Joins Tenant Roster at LIC’s Factory
A partnership between Atlas Capital Group, Partners Group and Invesco has signed a 17,684-square-foot, 10-year lease with HALO Branded Solutions… Read more
Q3 Leasing in One Word: Coworking
“If you had to sum up the third quarter market drivers in one word, it would have to be ‘coworking,’”… Read more
$12 Billion Capital Surplus for U.S. Commercial Real Estate
More capital crossed U.S. borders in both directions during H1 2018, with foreign inflow up by 29% from H1 2017… Read more
Northern Manhattan’s Apt. Market Slips in Q3
Amid a citywide apartment market that performed well during the third quarter, Northern Manhattan struggled, according to Ariel Property Advisors.… Read more
Google Opens Pop-Up Shop in Bucktown
Google has opened a new pop-up “hardware store” at 1704 N. Damen Ave. in the North Side’s Bucktown neighborhood. The… Read more
CushWake Arranges 3 Lease Deals in LIC
Cushman & Wakefield has arranged three new leases at the Lion Match Building, 22-15 43rd Ave. in Long Island City.… Read more
S3 Makes Loan for Sam Chang Project in NoMad
S3 Capital Partners, the bridge financing arm of Spruce Capital Partners, has arranged a $76-million first lien construction loan for… Read more
Holiday Forecast is Jolly Even as Retail Rents Slip
Manhattan retail rents continued to drop during the third quarter, falling an average 8.4% year over year across the main… Read more
Office Leasing Reaches 18-Quarter High
New leasing activity reached the highest quarterly level in 18 quarters during Q3, and year-to-date volume reached an historic high… Read more
Law Firms Are on the Move Across Manhattan
Law firms in Manhattan are voting with their feet, and their wallets. Leasing volume in the sector was up 24%… Read more
SoftBank Prepares to Put Hard Cash into WeWork
Investing in a company that hasn’t turned a profit yet is hardly unusual. Yet, when the investment is on a… Read more
Pilot Program Gives Foreign Investment Watchdog Sharper Teeth
Nov. 10 marks the beginning of a pilot program that will tighten federal regulations on non-controlling foreign investment in 27… Read more
Opportunistic Success Means a Disciplined Approach
A disciplined and flexible approach to opportunistic real estate investing, and a team with decades of experience in pursuing this… Read more
SJP Hires Leasing Veteran Zach Freeman
SJP Properties has hired Zachary Freeman (pictured) as SVP. Most recently a VP with Blackstone’s Equity Office, Freeman will now… Read more
Midtown YTD Leasing Reaches Highest Level of This Cycle
Manhattan office leasing activity totaled 6.73 million square feet in the third quarter, 3% behind its five-year quarterly average, while… Read more
London Stock Exchange Takes Two Floors at 28 Liberty
The London Stock Exchange Group (LSEG) is consolidating from multiple locations around Manhattan into two floors at Fosun Hive Holdings’… Read more