New York
Canvas Worldwide Leases 18K SF at 75 Varick
Canvas Worldwide, a full-service media communications agency, is establishing its New York City headquarters at 75 Varick in Hudson Square.… Read more
Manhattan Office Recovery Outpaces Nation, Yet Lighter Foot Traffic Has Taken Toll
Amid the ongoing debate about remote work, occupiers are employing more intricate blends of carrots and sticks to lure workers back… Read more
Bipartisan Legislation Would Support CRE Loan Workouts
Bipartisan legislation (H.R. 5580) introduced in the House this week would reduce the tax burden on a borrower that can… Read more
Xin Development Faces Foreclosure on Midtown Condo
Xin Development Group International, the United States development arm of China’s Xinyuan Real Estate, is confronting foreclosure issues in Manhattan,… Read more
MakeInspires Opens First Makerspace in Upper East Side
MakeInspires, a provider of STEAM classes and programs for K-12 students and adults, has opened its first New York City… Read more
NYC Requests Proposals to Redevelop Kingsbridge Armory
New York City’s Kingsbridge Armory, a 570,000-square-foot site in the Bronx, is seeking a new developer. Proposals for its redevelopment… Read more
New Affordable Senior Housing Opens Near NYBG
New York State Homes and Community Renewal, along with New York City Department of Housing Preservation and Development, joined Douglaston… Read more
Shake Shack Coming to Jackson Heights
Shake Shack is set to open its 51st New York location in Jackson Heights, Queens, in 2024. This marks the… Read more
Meridian Closed 75 Retail Leases Over Summer
Meridian’s Retail Leasing Division, led by James Famularo, successfully closed more than 75 deals during the summer of 2023. … Read more
Adelaide Polsinelli to Market SoHo Retail Condo
Adelaide Polsinelli of Compass is marketing a retail condominium at 304 Spring Street in SoHo. The bi-level retail space… Read more
Upper East Side Resi Tower Exceeds $200M in Sales
National real estate developer DDG and partner Global Holdings have announced that their project, 180 East 88th Street on Manhattan’s… Read more
Haussmann Development Lands $39M for BK Rental Building
Haussmann Development has secured a $38.5 million construction loan for its project at 827 Sterling Place in Crown Heights, Brooklyn.… Read more
Doug Hocking Joins NBBJ as Commercial Market Leader, Principal
NBBJ, a global architecture and design firm, has appointed Doug Hocking, AIA, as its Commercial Market Leader and Principal, based… Read more
WGA Reaches Tentative Pact with Major Studios
In a boon for California’s economy, the Writers Guild of America (WGA) has reached a tentative agreement with major entertainment… Read more
Seattle-Area Buildings Prime for Office-to-Housing Conversion
In a new working paper published recently by the National Bureau of Economic Research, researchers at New York University and… Read more
Macy’s Opens New 900K SF Tomball Distribution Center
The more than 908,000-square-foot facility was built with the help of an economic incentive program from Tomball. Macy’s is receiving… Read more
North Jersey Emerges as Northeast’s Most Competitive Rental Market
Manhattan has rejoined the top competitive markets for the first time since the pandemic, while Brooklyn continues to have a… Read more
Manhattan Office Visitation Rates Surge Highest Since ‘20
Manhattan office building has revealed a significant uptick in building visitation rates across all building classes in Q2 2023, marking… Read more
Amish Market Renews Midtown Lease
Amish Market, a gourmet grocery store in Hell’s Kitchen, has signed a five-year lease renewal for its 15,000-square-foot retail space… Read more