New York
Avon Calling . . . With a 90K-SF Lease
Avon is the latest tenant to sign a big lease in Downtown Manhattan. The cosmetics company will move its corporate… Read more
Construction Starts Down, But Still Strong
Developers started construction on projects valued at $32.2 billion in 2016 in New York City. That’s a huge number —… Read more
1M SF of Industrial Sells for $67M
Colony NorthStar acquired four Class A warehouse and distribution buildings, totaling 946,379 square feet, in Orlando, FL’s Southwest Industrial Corridor.… Read more
$208M Sale Largest for Long Island
Investcorp paid $208 million for Atlantic Point Apartments in Bellport, NY, representing the largest sale of an apartment property ever… Read more
Rents Rise at Fulton Mall
Brooklyn’s main shopping street is getting a major upgrade — along with higher retail rents. Ten years ago, Fulton Mall… Read more
$60M Financing for School Building
The owners of a former school building on the Upper West Side received $60 million in 10-year, interest-only financing from… Read more
Breathe Deep: Alo Yoga Coming to Flatiron
Alo Yoga leased the entire four-story retail and office building in Manhattan’s Flatiron neighborhood for its New York flagship store.… Read more
Nice January — But Vacancies to Rise Again Downtown
January brought good news for the market for office space in Downtown NYC. The New York State Attorney General will… Read more
A New Historic District: Morningside Heights
A big piece of the Morningside Heights neighborhood in Upper Manhattan is now an historic district. New York City’s Landmarks… Read more
$233M Loan Secured for Apple-Occupied Campus
Natixis provided a $232.5-million loan to New York City-based Tristar Capital for the acquisition of the 349,758-square-foot Crossroads III. The… Read more
Living Rent Free in Brooklyn
In Brooklyn, landlords offered concessions on more apartments than ever before in January 2017. More than 18% of apartment listings… Read more
Omni Finds Room for 175 Units in Crowded Bronx
New York continues to find new places to build affordable housing. This time, Omni New York has opened 175 apartments… Read more
Related Makes Fast Company’s “Most Innovative” List
Related Companies is one of the 50 Most Innovative Companies for 2017, according to a February 2017 list released by… Read more
Essex Crossing’s Unit Expansion
The developers of Essex Crossing re-arranged their plans again, adding more housing units to a plan that already totals 1,000… Read more
1,843 Affordable Communities
Can’t find affordable housing? In the last three decades, developers have built or renovated 1,843 apartment complexes throughout New York… Read more
Spotify Streams 4 World Trade Center to 100% Occupancy
Spotify is planning to move into 378,000 square feet at 4 World Trade Center in early 2018, as part of… Read more
Like Traffic? Try the Bronx
The Bronx may becoming a more desirable place to live, but it is still often a terrible place to drive. New… Read more
Vornado: Confidence in NYC “Never Greater”
Vornado Realty Trust is still bullish on New York City, citing Federal policy, infrastructure projects and the low crime rate, even… Read more
Union Square to Boast 258K-SF Tech Hub
New York City is creating a 258,000-square-foot Union Square Tech Hub. “This new hub will be the front-door for tech… Read more