New York
Construction Spending Highest in Decades in New York City
Construction spending across the five boroughs set an all-time record in 2016, and also reached its highest annual level in… Read more
Federal Cuts Hurt NYC: Housing Commissioner
Budget cuts planned in Washington DC could cause big problems, according to New York City Housing Commissioner Maria Torres-Springer. The… Read more
Second Ave. Subway Gives Relief
The number of people who ride the Second Avenue Subway has exploded to an average 176,000 every weekday, up from… Read more
Blackstone Affiliate Divests San Jose Office Asset
An affiliate of New York-based Blackstone Real Estate Partners sold 2851 Junction Ave., a 155,613-square-foot office building in San Jose… Read more
$73M for Brooklyn Apartments
Investors paid $73 million for a portfolio of apartments in hot Brooklyn neighborhoods planning to keep the rents relatively low.… Read more
Almost Sold-Out Condo Tower Gets Green Certification
Only one condominium is still listed for sale at One John Street, Alloy Development’s 12-story tower at Brooklyn Bridge Park… Read more
New Life for the Biggest Landmark in the Bronx
One of the most famous landmarks in the Bronx has been vacant since 1978. But after nearly four decades as… Read more
Short-Term Lease for Lululemon
A retail space on the edge of one of the most expensive shopping districts in the world has found a… Read more
Westchester Deal of the Year: New Wine Enthusiast Headquarters
Colliers won the 2016 Deal of the Year for Westchester County from NAIOP. The deal moved the headquarters of Wine… Read more
Venture Capital Investment Increases Q1
Venture capitalists invested $13.9 billion in 1,104 deals nationally in Q1 2017, a 15% increase in dollars deployed, and 2%… Read more
Bill Rudin Replacing Rob Speyer as REBNY Chair
William Rudin was nominated to take over as chairman of the Real Estate Board of New York (REBNY), succeeding Rob… Read more
RMC Plans Repositioning for 555 White Plains Road
Robert Martin Company (RMC) bought a mostly-empty office park at an undisclosed price from RNY Property Trust, which is selling… Read more
Asking $17M for Triple-Net Leased Retail
The owners are asking $17 million for the triple-net leased property at 163-30 Cross Bay Blvd. in the Howard Beach… Read more
Robin Abrams Takes her Team to Eastern Consolidated
Robin Abrams has joined Eastern Consolidated, and she’s bringing a team of A-list brokers with her as part of the… Read more
Design Firm Woods Bagot Comes Downtown
International architect Woods Bagot is leaving Midtown behind, for a new 11,000-square-foot office space in the Financial District of Manhattan. “After… Read more
Highest Manhattan Office Rents Ever: Colliers
Office rents are higher than ever in Manhattan, averaging $73.92-per-square-foot in the first quarter, according to Colliers International. Office tenants… Read more
Weekender: On The Connect Media Trail
Connect Media covered the nation this week. Seriously, the team logged thousands of miles, rode countless elevators to meetings and… Read more
More Than a Third of the Condos Sold at 101 W. 78th St.
Just three months after launching sales, 38% of all the condominiums at 101 West 78th St. are already in contract.… Read more
Rent and Vacancy Rates Rise for Retail Downtown
New retail spaces opening in Downtown New York City are pushing the average rent nearly as high as the average rents… Read more