Manhattan
11K-SF Leased at Boutique Office in Meatpacking District at 404-408 West 14th St
RAB Lighting Inc. (RAB) leased 11,300 square feet of space at 404-408 West 14th St., a four-story boutique, loft office… Read more
International Investors Passed on New York City in 2017
Foreign investors deeply cut their investment in Manhattan commercial real estate in 2017. International investors accounted for a little more… Read more
Developers Buy More Sites: News from Ariel’s “Coffee and Cap Rates” Presentation
The renewal of New York’s biggest tax break for development encouraged developers to buy more land in 2017. The number… Read more
24K-SF Leased at 437 Madison
Two more companies have leased a total of 23,686 square feet of space at 437 Madison Ave., a 40-story office… Read more
Class B Office Suffers in Manhattan in Q4: New Data from Coldwell Banker Commercial
New Class-A office towers are pulling offices tenants out of older buildings. In the fourth quarter of 2017, New York… Read more
Two Colleges Fill Boutique Office Building
Two nationally accredited schools, Touro College and Long Island Business Institute, have leased a combined 73,000 square feet of space… Read more
$46M to Finish Condos at 22 Bond
Two condominium developers have reset the clock. Second Development Services and the Richport Group borrowed $45.5 million to refinance a… Read more
$82-Per-Buildable-SF for Washington Heights Development Site
A developer paid $1.49 million for the vacant lot at 465 W. 163rd St. in the Washington Heights neighborhood of… Read more
Giant, 115K-SF Lease Brings WeWork to International Tower
The biggest new lease for office space in the Plaza District in Midtown Manhattan will bring WeWork to fill 115,000-square-feet… Read more
Shape House Brings the “Sweat Lodge” Experience to the Flatiron District
Shape House, an urban sweat lodge will open a new location at 34 W. 17th St. in Manhattan’s Flatiron District.… Read more
Top Producer Posy Joins JLL, Along with Roberts and Michailidis
Daniel Posy has joined JLL as executive managing director, along with Jason Roberts as associate vice president and Peter Michailidis… Read more
NYC Apartments Give Up the Rent Gains of Summer
More than a third of Manhattan rental apartments (34%) and nearly a third of rentals in both Brooklyn and Queens… Read more
45K SF of New Lease Renewals at 247 W 37th St
Two new companies have leased office space at 247 W. 37th St., an 18-story, 214,130-square-foot office building in Midtown Manhattan’s… Read more
125K SF Leased at 437 Madison Ave Last Year
Citizens Bank will fill the entire 18th floor at 437 Madison Ave., taking up 17,750 square feet at the 40-story,… Read more
Rents Down for Manhattan Retail: New Research from CBRE
Retail rents fell in 2017 — a lot. Average aggregate asking rents shrank 18.4% across the 16 main retail corridors… Read more
First Renderings of the Replacement for the Sunshine Cinemas
Demolition will begin by March at the Sunshine Cinemas, built in 1917 in Manhattan’s Lowest East Side. The first renderings… Read more
$460K-Per-Apartment for Affordable Housing in Manhattan Valley
A private real estate investment firm paid $27.6 million for two elevator buildings with 60 apartments at 4-18 W. 107th… Read more
DTLA Resembles Manhattan: Too Many Apartments
More than 4,000 new apartments are forecast to deliver to the Los Angeles market in Q1 2018, according to research… Read more