New York City
Top Broker Honoree: C&W’s Michael O’Neill
Michael O’Neill of Cushman & Wakefield closed retail leases totaling 179,000 square feet in 2017. These 44 transactions had a… Read more
NYC Looks for Partners to Build Modular
New York City is getting serious about modular construction, which is the process of constructing buildings from modules that are… Read more
James Kinsey Joins Avison Young
Investment sales specialist James Kinsey has joined Avison Young’s New York City office as principal and director of Tri-State Investment… Read more
Deregulation Could Create Affordable Housing: New Research from the NYU Furman Center
Developers could build new housing that an average New Yorker could afford — if it changed the rules on what… Read more
Jed Resnick Joins Douglaston Development
Douglaston Development, one of the largest residential and mixed-use developers in New York City, has named Jed Resnick chief operating… Read more
Two Top Firms Involved in Most Top Office Leases in 2017
CBRE and Cushman & Wakefield (C&W), represented the landlord or tenant in most of the 50 biggest lease transactions in… Read more
New Yorkers Willing to Spend for Housing: New Data from StreetEasy
Despite the high cost of living in New York City, most New Yorkers are making it work, often by blowing… Read more
Natixis Provides $86M Construction Loan for NYC BTS
Natixis served as sole lead arranger in an $86.25-million floating-rate construction loan to affiliates of New York City-based Joy Construction… Read more
Ferhat Guven Joins Rubenstein Partners
Capital-raiser for real estate deals, Ferhat Guven, has joined the New York City offices of Rubenstein Partners as director of… Read more
Brooklyn Condominiums Outperform: New Data from REBNY
Home buyers spent a record $50 billion to buy condominiums, coop apartments and houses in New York City in 2017… Read more
Add Experience to Retail: Winston Fisher Shares Insights at YWMREA Luncheon
Retail spaces are now places to “combine immersive art with the entertainment experience,” according to Winston Fisher of Fisher Brothers,… Read more
Trump Proposes Massive Funding Cuts for NYCHA
A White House proposal would dig another massive hole in the budget for the New York City Housing Authority (NYCHA).… Read more
Nasdaq to Move Global HQ to NYC’s 4 Times Square
Nasdaq Inc. signed a lease to relocate its global headquarters to The Durst Organization’s 4 Times Square, a 48-story tower… Read more
Some Investors Change Plans as City Protects Rent-Stabilization
Some investors have scaled back their plans to raise the rents at rent-stabilized buildings. That’s because city officials are aggressively… Read more
International Investors Passed on New York City in 2017
Foreign investors deeply cut their investment in Manhattan commercial real estate in 2017. International investors accounted for a little more… Read more
Class B Office Suffers in Manhattan in Q4: New Data from Coldwell Banker Commercial
New Class-A office towers are pulling offices tenants out of older buildings. In the fourth quarter of 2017, New York… Read more
Crunch Fitness Takes Down 27K SF at Wendland Plaza
Crunch Fitness, headquartered in New York City, leased 27,587 square feet at Wendland Plaza in Killeen, TX. The new tenant… Read more
More Apartment Construction in Long Island City than Any Other U.S. Submarket
Apartment developers are very, very busy in New York. For example: there are more new apartments under construction in the… Read more
Jerusalem Venture Partners to Expand in New York through Cyber NYC Initiative
Several international technology companies, including Jerusalem Venture Partners, now plan to expand in New York City. It’s part of the… Read more