New York
Seeing the Opportunities on Development Frontiers
“We see the demand, but the market hasn’t gotten there yet.” That’s Youngwoo & Associates (YWA) partner Margarette Lee on… Read more
Two Full-Floor Deals Bring 7 Bryant Park Closer to Full Occupancy
Newly-built 7 Bryant Park has come closer to full occupancy with a pair of full-floor leases arranged by CBRE. Investment… Read more
Smith Joins CushWake as Tri-State Asset Services Lead
Kevin Smith (pictured) has joined Cushman & Wakefield as tri-state region lead, asset services. Based at the firm’s Midtown office,… Read more
Ariel Markets Parcels in Prospect Lefferts Gardens
Ariel Property Advisors has been retained for a pair of assignments on development sites in Brooklyn’s Prospect Lefferts Gardens neighborhood.… Read more
Grant Associates Makes Headquarters Move to FiDi
ABS Partners Real Estate has secured a five-year lease for 6,565 square feet of headquarters space on behalf of Grant… Read more
Amazon Brings Cashierless Store to the Loop
Amazon has opened its first Amazon Go store outside of its Seattle hometown. The 2,000-square-foot, cashierless grab-and-go food store is… Read more
JLL Makes Leadership Changes to Hotels Group
JLL named Gilda Perez-Alvarado CEO of the firm’s Americas Hotels & Hospitality Group. Senior Managing Directors Jeffrey Davis and John Strauss have also been promoted… Read more
A Decade After Housing Bust, California Markets Pace Recovery
A decade after the collapse of the housing market and start of the Great Recession, home values have more than… Read more
Blackstone Building $18B Real Estate Fund
New York-based Blackstone Group LP has targeted an $18-billion capital raise for its latest real estate fund. If it hits… Read more
Longtime Legal Tenant Re-Ups at Downtown Landmark
One of the nation’s oldest law firms is renewing its lease in a Downtown tower on the site of its… Read more
West Loop Loft Offices Trade at Near-Record Price
A four-story property at 1027-1031 W. Madison St. has traded at one of the highest prices paid on a per-square-foot… Read more
Henri Bendel Stores Going Dark After Holidays
A New York luxury retail presence since its founding in 1895, Henri Bendel will soon close its doors. Parent company… Read more
Hudson Will Lead Greenpoint Hospital Redevelopment
Historic Greenpoint Hospital, vacant since 1982, will see new life as a mixed-use complex featuring 512 units of affordable housing.… Read more
REBNY Will Spotlight 7 Industry Leaders at 123rd Annual Banquet
The Real Estate Board of New York will present seven industry members with top honors for outstanding professional success and… Read more
Dollar Volume Rises on Investment Sales Citywide
New York City’s investment sales market showed signs of improvement in 2018’s first six months from a slow second half… Read more
Today’s Skyscraper Boom Can’t Match the Big-Haired ‘80s
By Paul Bubny They’re rising on West 57th Street in Midtown Manhattan, in downtown Seattle and on the Miami waterfront.… Read more
Columbia, Normandy Form JV on Midtown South Development
Columbia Property Trust and Normandy Real Estate Partners have entered a 50/50 joint venture to develop 799 Broadway in Midtown… Read more
Development Site Trades in Newly Rezoned Jerome Ave. District
Ariel Property Advisors has facilitated the sale of 1408 Cromwell Ave., one of the first development sites sold after the… Read more
Consulting Firm Makes Move Across River to Industry City
Consulting firm ?What If! is moving its New York office from the East Village to Industry City on the Brooklyn… Read more