New York
More Homes, Fewer Sales, Lower Prices in Financial District
A lot of homes came up for sale in the Financial District of Manhattan and Battery Park in Q4 2016,… Read more
Midtown Office Leads for Leasing
Midtown was the leading neighborhood in Manhattan for new leases on office space in 2016. In all of Manhattan, office… Read more
$17M for Soho Loft Building
The owners of 460 Broome Street sold their historic commercial loft building in Manhattan’s SoHo Historic District for $17.3 million… Read more
New Hires Hard to Find in NYC
The hiring boom in New York City is tapering off, as companies struggle to find new employees. The city added… Read more
Buffett’s Berkshire Hathaway Enters New York
Connect Media is expanding into New York on Monday, January 23 as well! Subscribe to receive Connect Daily New York. … Read more
President’s Letter: New Market, New York
I’m excited to announce that Connect Media is launching in New York on Monday, January 23, bringing the top commercial… Read more
Giant $32B Capital Plan for Port Authority
The Port Authority of New York and New Jersey is planning its biggest 10-year capital plan ever, spending $32.2 billion… Read more
Avison Young Buys Hotel AG, Launches Hospitality Group
Avison Young acquired Atlanta, GA-based hotel real estate brokerage company Hotel Assets Group (Hotel AG). With the purchase, Avison Young… Read more
Oakley Parent Sees Clear in $49B Merger with French Lens Crafter
The Italian owner of Foothill Ranch, CA-based Oakley is merging with French lens maker Essilor in a deal valued at… Read more
3% Cap Rate for Astoria Apartments
A private buyer paid $11 million for two apartment buildings in the Astoria neighborhood of Queens, NY. That works out… Read more
Airbnb Reservations Topped $32M in NYC New Year’s Eve
New York City was the most popular destination among New Year’s Eve revelers staying in Airbnb homes this past year,… Read more
AvalonBay’s East Harlem Tower 30% Affordable
Developers will give a lot to build a tower in Manhattan. AvalonBay Communities is willing to build three new schools… Read more
Breathing New Life into Historic Herald Examiner Building
A partnership between The Hearst Corporation and New York-based Georgetown Companies is transforming the iconic Los Angeles Herald-Examiner building into a… Read more
New York Seller Disposes of 58K-SF Historic Building
Blauners-Houston LP, based in New York, sold a vacant, five-story, 58,000-square-foot building in downtown San Antonio, known as the Burns… Read more
$8M for Auburn, NY Industrial
Tessy Plastics paid $8 million to buy a 30-acre industrial facility in Auburn, NY, in central New York State. Built… Read more
Developer Pays $10M to Build Taller
Real estate investor Haim Nortman bought another piece of the puzzle he needs to build a luxury residential tower on… Read more
12-Year, Fixed-Rate Loan for Midtown Offices
The partnership that owns 521-533 West 57th Street have taken out a 12-year, $105 million loan, provided by a local… Read more
15-Year Lease for Sushi Restaurant
A high-end sushi restaurant chain, Tokyo Ichiban Foods Co. Ltd., has signed a 15-year lease for the first-floor retail space… Read more
Marisa Lago for NYC Planning
New York City has picked its next Director of the Department of City Planning and Chair of the City Planning… Read more