New York City
NYC Growth Outpaces U.S. GDP Gains
The news is mostly good for New York City’s economy generally, and commercial real estate especially, in City Comptroller Scott… Read more
City Breaks Ground on Union Square Tech Hub
New York City Economic Development Corporation and RAL Development Services broke ground on the new 21-story building that will house… Read more
Facebook Nears Mega-Lease at Hudson Yards
Add Facebook to the roster of tech giants looking to dramatically step up their New York City presence. It’s negotiating… Read more
Atlanta & O-Zones: Coldwell Banker Commercial Talks to Invest Atlanta’s Edward Smith
Opportunity Zone development is starting to pop up all over the place. Atlanta has 26 designated Opportunity Zones (there are… Read more
JLL Team Markets Ground-Floor Retail Condos in LIC
JLL Capital Markets has been selected by SK Development to market 14,732 square feet of flagship retail at the base… Read more
City Launches Marketing Campaign Touting Jamaica’s Growth
New York City Economic Development Corporation (NYCEDC) and the Jamaica NOW Leadership Council launched a citywide, 13-week long marketing campaign… Read more
Ulta Beauty Gets Herald Square Storefront via SL Green
SL Green Realty Corp. has signed beauty retailer Ulta Beauty to a 12,040-square-foot lease at 2 Herald Square. The REIT… Read more
3 LI Hospitals Granted $18M for Capital Improvements
Three Long Island hospitals are among 25 across New York State receiving a total of $187 million in state funds… Read more
Exchange Operator Eyes Old Post Office for New HQ
Cboe Global Markets, the parent company of the Chicago Board Options Exchange, is negotiating a deal to move its headquarters… Read more
Connecticut Ice Cream Parlor Comes to Upper East Side
Dubl Twister, a family-owned ice cream and coffee shop based in Connecticut, is opening its first New York City location… Read more
Pembrook Invests in Prana Fund for Workforce Housing
Pembrook Capital Management has closed on a preferred equity investment of up to $50 million to Prana Investments. The equity will… Read more
NYC’s Tech Talent Lures Tech Giants
Tech talent employment in the New York City metropolitan area reached 264,000 jobs last year, jumping 44% since 2011, according… Read more
Kazmierski Elevated to Head of Kaufman Investments
The Kaufman Organization has promoted Michael Kazmierski to president of Kaufman Investments. The youngest principal in Kaufman’s 108-year history, the 35-year-old… Read more
State Comptroller: Design Errors Clog MTA’s Project Pipeline
An audit of six recent Metropolitan Transportation Authority (MTA) New York City Transit capital projects totaling $817.5 million found errors… Read more
Bubble Tea Chain Finds Greenwich Village Outpost
Lee & Associates NYC’s Mark Kapnick has negotiated a ground-floor, 10-year lease at 168 Bleecker St., between Sullivan and Thompson streets,… Read more
Phase Two Opens at Empire State Building’s Revamped Observatory
The second phase of the reimagined Observatory Experience at the Empire State Building (ESB) is scheduled to open to the… Read more
Impending Mansion Tax Pushes Manhattan Townhome Sales, Pricing
With a higher New York City mansion tax taking effect July 1, buyers and sellers rushed to close deals on… Read more
Asden Properties Acquires Atlanta MF Portfolio for $34M
New York City-based Asden Properties has acquired a two-property multifamily portfolio in metro Atlanta for $33.5 million. The properties include… Read more
Powerhouse Women in Law Panel Shares Secrets of Success
Cushman & Wakefield recently held its first West Coast Women in Law Leadership Event in San Francisco at the top… Read more