New York City
Berkshire Hathaway Adds New Commercial Real Estate Brokerage
Warren Buffett’s Berkshire Hathaway HomeServices New York Properties has launched a new division to broker commercial real estate deals. Industry… Read more
Construction Wages Grew 5.4% in 2016
With the construction business growing quickly, wages for construction workers rose 5.4% in 2016. It’s the first time since 2008… Read more
35K New Apartments for NYC
Developers will open more than 35,000 new apartments in New York City in 2017. Many of these are squeezed into… Read more
Acquisitions Expert Joins L&L
Alex C. O’Connor joined L&L Holding Company as an associate in the firm’s acquisitions department. The hire comes as L&L… Read more
Building Business Cheers New MTA Chief
New York City’s subways, trains and buses seem to be falling apart, with frequent delays and negative headlines. “This is… Read more
18 Steps to Close Rikers Island
New York City has laid out the 18 steps it’s now taking to close the complex of jails on Rikers… Read more
100,000 New Jobs for NYC
New York City has a plan to create 100,000 new jobs over the next 10 years. “These are the fast-growing, high-paying… Read more
Ballard Spahr Signs at 1675 Broadway
Ballard Spahr, an AmLaw 100 law firm, signed a 10-year, 27,000 square-foot lease at 1675 Broadway, a 35-story, 850,000-square-foot office… Read more
Ariel Hosts Interns
Four seniors from Manhattan’s Chapin School participated in a kickoff program in an intensive four-day commercial real estate course from… Read more
Industry Leaders Call for Design-Build
New York City agencies could save $158-million and cut more than 18 months from the time it takes to build… Read more
Bill Rudin to Lead REBNY
The new voice of the New York real estate industry will be William C. Rudin, who will begin a three-year… Read more
Few Apartment Properties Trade in NYC
The volume of apartment properties bought and sold in New York City has stopped falling — but it is not… Read more
Need an Anchor Office Tenant? Ask NYC
New York City is so eager to support new construction that city agencies now offer to move offices to serve… Read more
Boston Properties Completes $1.6B Refi of NYC’s General Motors Building
Boston Properties, Inc.’s consolidated joint venture entity, in which it has a 60% interest and that owns 767 Fifth Avenue… Read more
New Coffee Shop Leases 1,650-SF on Broome St
Project Cozy, a new coffee and juice concept, will move into the 1,650-square-foot ground floor of a New York University… Read more
One Year at Rikers for Landlord
Steven Croman, a major New York City landlord with more than 140 apartment buildings across Manhattan, pled guilty to fraudulently… Read more
Erica Buckley Joins Nixon Peabody
Need a lawyer to help you understand your 421-a exemption? Or any other aspect of New York City’s labyrinth of… Read more
REBNY Picks Top Commercial Property Managers
The best managers of commercial properties in New York City were awarded prizes at the Real Estate Board of New… Read more
NYC Cap Rates Stay Stable
Even as the Federal Reserve hikes interest rates, average yields on investments in commercial real estate have stayed low in… Read more