New York City
Q&A with Lendlease’s Melissa Burch: Upside and Challenges in NYC Development
The headwinds facing developers in New York City are comparable to what Lendlease is seeing in other global gateway markets… Read more
Savitt Partners’ 530 Seventh Sees Clutch of Tech Leases
Savitt Partners’ 530 Seventh Ave. continues to draw tenants from the tech sector, as shown by a quartet of recent… Read more
NYC Tourism Continues to Set Records
Tourism to New York City set a new record in 2017, with an estimated 62.8 million visitors last year, according… Read more
Dealmakers in the Spotlight at REBNY Awards Ceremony
Commercial real estate deal-making will take center stage at next month’s Real Estate Board of New York ceremony honoring this… Read more
Federal Tax Reform Package to Provide Boost in California
The recently-enacted federal Tax Cuts and Jobs Act reform legislation is expected to drive interest in knowledge-center markets, spur investment… Read more
Cuomo Pledges $250M More for NYC’s Public Housing
New York Gov. Cuomo has proposed an additional $250 million in the state budget to support the New York City… Read more
What Are Comparative Costs to Build Out Office Space Today?
Construction costs rose 3% through 2017 and are expected to follow suit heading into 2018 and beyond, predicts JLL in… Read more
City Suspends 421-a Benefits on Non-Compliant Properties
The de Blasio administration has cut off 421-a tax benefits to more than 1,700 property owners citywide who haven’t complied… Read more
NYCHA Gets Design-Build Authority
As Gov. Cuomo demands action on long-delayed repairs to public housing, the New York City Housing Authority has been granted… Read more
HPD Says There’s Still a Need for Rent Regulation
Initial results from the 2017 New York City Housing and Vacancy Survey show a net rental vacancy rate of 3.63%… Read more
NYC’s Housing Supply Reaches All-Time High
New York City’s housing supply is at an all-time high of 3.47 million units, and will see about 50,000 more… Read more
Bulova Campus in Woodside Sells to Terreno REIT
Terreno Realty Corp. has acquired Bulova’s corporate campus in the Woodside section of Queens from Bulova for $25.2 million. The… Read more
Amsterdam Joins Colliers as Eastern Region President
David Amsterdam has joined Colliers International as president – investments, leasing for the Eastern U.S. Region. Amsterdam will lead the… Read more
CIT Renews Headquarters Lease 3 Years Early
Middle-market commercial lender CIT Group has opted for an early renewal of its 150,000-square-foot headquarters at Tishman Speyer’s 11. W.… Read more
Multi-Level Air Cargo Facility Coming to JFK
New York City will be getting its first multi-level, multi-tenant air cargo and distribution facility, courtesy of Triangle Equities, which… Read more
Lightstone Tops Out on Moxy Project with Marriott
Lightstone has topped out the second of four Moxy hotels it’s developing in New York City in partnership with Marriott.… Read more
Landmarks Commission Moves to Streamline Process
New York City’s Landmarks Preservation Commission has scheduled a March 27 hearing on proposed changes to its approvals process. The… Read more