New York
Making a Success of Innovation Districts
Pictured: Innovation Quarter, Winston-Salem, NC According to a recent survey by the Association of University Research Parks (AURP) and Stiletto… Read more
Rehab Hospital Teaming Up with Mayo Clinic
Brooks Rehabilitation is constructing a new hospital adjacent to the Mayo Clinic in Phoenix. Brooks and the Mayo Clinic are… Read more
GFP Secures Five New and Renewal Leases at 515 Madison
GFP Real Estate secured five lease transactions totaling 18,124 square feet at 515 Madison Ave., the DuMont Building, in Manhattan’s Plaza District. Martin McGrath of GFP Real Estate and William… Read more
RockFarmer Inks Retail, Office Leases at Jackson Heights’ Heritage Tower
RockFarmer Properties signed two new long-term leases at Heritage Tower, located at 82-11 37th Ave. in Jackson Heights, totaling 11,199 square feet. … Read more
Crow Holdings Development Acquires 92-Acre Parcel North of NYC
JLL completed the sale of a 92-acre industrial development site in Wallkill, NY, an Orange County community north of New… Read more
Mattel Expands El Segundo Office Footprint with Previously Foreclosed Building
Mattel will expand its footprint in Los Angeles’ South Bay after buying a previously foreclosed office building near its headquarters… Read more
Manhattan Office Visits Reach Highest Level Since Pre-Pandemic
The latest monthly office use report from the Real Estate Board of New York (REBNY) found that Manhattan office buildings… Read more
Equity Buys Four DFW Rental Communities
Equity Residential is acquiring 11 apartment communities from Blackstone Real Estate for $964 million. The purchase totals 3,572 apartments, with… Read more
KPG Funds Expects 50%-60% Rise in NYC CRE Prices
KPG Funds predicts a 50% to 60% rise in New York City commercial real estate prices amid a drop in… Read more
Pura Vida Miami Coming to Brooklyn for Second NYC Location
Rubenstein Partners’ 25 Kent, a mixed-use office, retail, and light manufacturing building located in Williamsburg, Brooklyn, signed a 10-year, 4,089-square-foot lease with Pura Vida Miami, a… Read more
Uniqlo to Acquire Fifth Avenue Flagship Store from Vornado, Brookfield
Vornado Realty Trust said its 52% owned street retail joint venture has entered into an agreement to sell Japanese apparel… Read more
Office Tenants Enlarge, Extend at 498 Seventh Ave.
George Comfort & Sons, Inc. has finalized two lease agreements totaling 104,000 square feet at 498 Seventh Ave., its 25-story office tower in… Read more
Warby Parker Signs Lease for Upper East Side Location
TF Cornerstone (TFC) signed a 1,400-square-foot lease with Warby Parker on the ground floor of The Fairfax at 69th Street and Third Avenue… Read more
Marcus Partners Names SVP, Asset Management
Michael Ferrucci has been promoted to SVP of asset management at Marcus Partners, a real estate investment, management and development firm… Read more
StubHub Expands HQ to 100K SF with 4 World Trade Center Sublease
Savills represented live event marketplace StubHub in a sublease totaling approximately 100,000 square feet at Silverstein Properties’ 4 World Trade Center. The… Read more
Retail Condo at 2 Times Square Trades at Nearly $3,900 Per Square Foot
Newmark closed the sale of the retail condominium at 2 Times Square from Sherwood Equities to South Korea’s Bando Construction. The… Read more
JV Leases LIC Field Office for Upcoming Amtrak Infrastructure Project
Kaufman Organization and True North have signed part of the second floor of 21-01 51st Ave. in Long Island City, also known as the Cardinal… Read more
Winstanley Acquires Former Save a Lot Distribution Center
Winstanley Enterprises LLC, among the largest regional owners and operators of commercial real estate in the Northeast, has acquired a… Read more