New York
New “Creative” Offices for Gensler
Global design firm Gensler is moving into a creative new space in the Theatre District. Their new offices will be… Read more
Blackstone Acquires 3 Silicon Valley Assets for $291M
Connect Silicon Valley is headed to the Silicon Valley Capital Club on February 1. Explore the agenda and register today.… Read more
Amazon, Forever 21 Bid for American Apparel
American Apparel filed for bankruptcy for a second time this past November. Now, Seattle-based Amazon, Los Angeles-based Forever 21, New… Read more
Westchester Finally Meets Fair Housing Requirements
Westchester County has finally fulfilled a promise to permit the construction of 750 units of government subsidized affordable housing. By… Read more
High Prices in Williamsburg
A modest eight-unit apartment building in the Williamsburg neighborhood of Brooklyn sold for $4.45 million, or roughly half-a-million dollars per… Read more
Second Avenue Subway Opens
The new Second Avenue Subway opened on time, and has already survived its first rush hour commute. “After nearly a… Read more
Top Prices for Lower East Side Condos
Sales of condominiums and co-op apartments in New York City may be slowing down overall, but a few condos in… Read more
NYC gets Tough on 421-A Owners
New York City is are getting tough on owners who haven’t lived up to their promises under the 421-A property… Read more
TRYP Hotel to Open in Newark
A new TRYP Hotel by Wyndham is on track to open in downtown Newark this summer. The new hotel will… Read more
New Population from Hudson Yards
The new buildings planned for Hudson Yards, on the Far West Side of Manhattan, would qualify as a brand-new city… Read more
Mitsubishi Caterpillar to Build 71K SF
Mitsubishi Caterpillar Forklift America Inc. (MCFA) will add to its Houston-area presence by building a 71,000-square-foot, manufacturing facility and distribution… Read more
$660M in Financing Obtained for American Copper Buildings
JDS Development Group succeeded in obtaining a total of $660 million in financing for its under-construction, multifamily development, American Copper… Read more
Apartment Rents Rise Fastest Uptown
The price of a rental apartment in Upper Manhattan grew 6.4% on average in November compared to the year before,… Read more
New York REIT Wins Financing for Liquidation
New York REIT (NYRT) has raised $760 million in financing to help its plan to eventually sell off its assets… Read more
Office Leasing Slows in Manhattan
Manhattan leasing activity is now at its lowest levels since 2009. Uncertainty in politics and the economy both weighed on… Read more
German Investors Buy WTC Courtyard Marriott
The Courtyard Marriott just opened its 317 new rooms at the World Trade Center in Lower Manhattan. But developers Hidrock Properties… Read more
Regeneron Pays $720 Million to Stay in Westchester
Regeneron Pharmaceuticals, Inc. certainly seems happy with its current location in a suburban office park, a few minutes’ drive from… Read more
Ground Lease Shocker for SL Green
Property owner SL Green received a terrible surprise regarding the ground lease for its office building at 625 Madison Avenue,… Read more