New York
Tishman Speyer Taking Full Control of San Francisco Tower for $530M
New York City-based J.P. Morgan Asset Management is reportedly divesting its interest in 222 Second Street, a 452,418-square-foot office tower… Read more
Demand for Medical Office Buildings Soars in SoCal
Register for Connect Healthcare on November 8th at the Andaz Scottsdale Resort & Spa The aging U.S. population, pressure for… Read more
Lease Closes Quickly for Hell’s Kitchen French Brasserie
It only took 18 days to arrange the lease for Le Privé French Brasserie, created by Sanjay Laforest, at the restaurant’s… Read more
New East Village Apartments Get Permanent Financing
The new, boutique apartment building at 185 Avenue B has stabilized in Manhattan’s East Village. It has now received its… Read more
$3.8B Financing Closed for 50 Hudson Yards
The developers of 50 Hudson Yards have closed on the $3.8 billion package of financing that they will need to… Read more
Price Nearly Doubles for Four East Harlem Buildings
A private investor based in the Northeast paid $24.75 million for a set of four buildings in Manhattan’s East Harlem… Read more
Greenpoint Hospital Looking for Affordable Developers
City officials are looking for proposals to redevelop a City-owned site on the former Greenpoint Hospital campus — closed since… Read more
Calling All Affordable Developers: Consider the Inwood Library
Affordable housing developers have a chance to build on a prime development site in Manhattan’s Inwood neighborhood — the current… Read more
NYC Rents Hit All-Time Highs in July
Apartment rents in New York City rose to record highs in July. “A mix of rising rents and fewer discounts… Read more
Top 10 Labor Day Travel Destinations
Labor Day signals the end of summer, and a time when kids head back to school and business typically gets… Read more
Manhattan’s Gramercy Park MF Trades for $61M
Connect Apartments is planned for September 28th in Los Angeles. Here’s where to get more information and register. Akelius, the U.S.… Read more
City Leases 276K-SF at 180 Maiden Lane
New York City’s Department of Citywide Administrative Services has leased 276,000 square feet at 180 Maiden Lane, 1.2-million-square-foot office building… Read more
Molloy College BFA Program Moves Downtown
The musical theatre program of Molloy College and its partner CAP21 has found a new home in a 38-story office… Read more
Harlem Townhouse Prices Catching Up
The average price of a townhouse in Harlem is growing fast — faster than prices in Manhattan overall. “At an… Read more
Judge Halts Sale of Synagogue/Development Site
A temporary restraining order paused a plan to tear down a century-old synagogue. Members of the Chevra Anshei Lubavitch sold… Read more
Congress to Break Ground on White Plains Skilled Nursing
The Congress Companies will break ground September 7, 2017, on a $60 million skilled nursing facility in White Plains, NY.… Read more
Manhattan Offices Get an Update
Manhattan office buildings can face some challenges. “Remember, 88% of the buildings in Manhattan were built before the 1980s. You… Read more
Investors Buy Stalled Vegas Resort for $600M
New York-based Witkoff and New Valley LLC, a Miami-based investment company owned by Vector Group, acquired the former Fontainebleau resort… Read more
Slow, Steady Growth Unlikely to Crash Office Rents
The market for office space Manhattan is not acting like a boom market about to crash. “A sharp decline in… Read more