New York City
NYCHA Agrees to Court-Appointed Supervision
The New York City Housing Authority has agreed to court-appointed supervision under a consent decree announced by U.S. Attorney Geoffrey… Read more
A Vending Machine on Wheels: Extra Income for Ride-Sharing Drivers
It may not represent quite the contribution that food and beverage sales make to a movie theater’s revenues. But ride-sharing… Read moreThe Most Influential Cities in the World
For the eighth annual year, A.T. Kearney released its Global Cities report which ranks cities worldwide to determine the locales… Read more
Pendry to Make NYC Debut at Brookfield’s Manhattan West
Montage International’s Pendry Hotels will open its first property here, as part of Brookfield’s Manhattan West mixed-use development in the… Read more
Affordable Multifamily Veteran Joins Walker & Dunlop
Connect Apartments is coming up on June 26th in Los Angeles. Here’s a link to find out more about the… Read more
$850M Casino Deal Expands MGM’s Reach into NYC Region
MGM Resorts and MGM Growth Properties have agreed to acquire the Empire City casino and racetrack in Yonkers, NY for… Read more
Downtown is Home to Highest-Taxed Office Properties Outside NYC
While New York City contains the nation’s highest-taxed office properties, once you leave Manhattan’s glass canyons you’ll find the rankings… Read more
NYCT Head Proposes “Massive” Transit Overhaul
The head of the Metropolitan Transportation Authority’s New York City Transit has released a plan to overhaul the city’s subway… Read more
Big Cities Hold Keys for Apartment REITs
Connect Apartments is coming up on June 26th in Los Angeles. Here’s a link to find out more about the… Read more
Chicago’s CBD is Poised for Greater Density
Chicago lands at about the midpoint in CommercialCafe’s ranking of the top 25 cities for infill potential. With 16.8 acres… Read more
Bronx Leads in Volume Metric Gains for Apartment Sales
Connect Apartments is coming up on June 26th in Los Angeles. Here’s a link to find out more about the… Read more
Updater Updates Its Tenancy by Doubling Square Footage
Software company Updater has doubled its footprint at 19 Union Square West, adding 9,300 square feet on the property’s sixth… Read more
Peloton Cycling to Legacy Central, Inks 28K-SF Deal
Peloton, the indoor cycling company, signed a 27,518-square-foot lease at Legacy Central in Plano, TX. The space will be a… Read more
Land-Constrained NYC Still Ranks High for Vacant Lots
It may be a land-constrained city of three islands and a peninsula, but New York City is surprisingly well situated… Read more
NYC Puts Promotional Push into Blockchain
The de Blasio administration will launch its first initiatives in support of the blockchain industry in the coming months. James… Read more
Brookfield Plans “Testing Ground” for West Village Retail Corridor
When you think of Brookfield and retail, thoughts logically turn to large regional malls. The company has owned Rouse Properties… Read more
Sales of Houses, Condos in Double-Digit Drops Citywide
New York City residential sales, including both one-to-three-bedroom family homes and condominiums/co-ops, have seen three consecutive quarters of year-over-year declines,… Read more
Midtown South Specialist Joins Advisors CRE
Advisors Commercial Real Estate has brought in Howard Rosenblum (pictured) as senior managing director in the New York office. The… Read more
SiriusXM Sets Up Regional HQ, Studios in CIM Hollywood Building
CIM Group signed a long-term 27,000-square-foot lease with SiriusXM at 953 Sycamore in Hollywood. The 67,000-square-foot office building is currently under… Read more