New York City
Construction Spending Highest in Decades in New York City
Construction spending across the five boroughs set an all-time record in 2016, and also reached its highest annual level in… Read more
Federal Cuts Hurt NYC: Housing Commissioner
Budget cuts planned in Washington DC could cause big problems, according to New York City Housing Commissioner Maria Torres-Springer. The… Read more
Rent and Vacancy Rates Rise for Retail Downtown
New retail spaces opening in Downtown New York City are pushing the average rent nearly as high as the average rents… Read more
NYC’s General Motors Building Commands the Highest Property Taxes in the US
Buildings in New York City pay a lot in property taxes — that’s fitting for a city with some of… Read more
Silvershore Selling 57-Property NYC Multifamily Portfolio
New York-based Silvershore Properties put its Brooklyn Legacy Portfolio on the market, in what ranks as the second largest portfolio… Read more
Oxford Merges with Titan
Oxford Property Group became one of the ten biggest brokerage in New York City May 16, 2017, after it merged… Read more
NYC Development Activity Accelerates to Decade High
The development boom in New York City is statistically official. Analysis by the New York Building Congress shows that new… Read more
Brokers Worry for the Future
New York City real estate brokers lost a little confidence in the first quarter of 2017. Real Estate Broker Confidence… Read more
How to Navigate a Challenging Environment
It can be tough to make deals in the commercial real estate business. Lenders have become more conservative in the… Read more
$1.2M Lawsuit for Airbnb Landlord
New York City is suing building owner Rose King for $1.2 million. City lawyers allege she rented apartments in three… Read more
Related Closes in on $2.5B Financing for 50 Hudson Yards Tower
New York-based Related Companies and Oxford Properties Group are reportedly close to securing a $2.5-billion financing package for 50 Hudson… Read more
Jim Traynor Leads Rehab at 390 Madison
Workers are tearing millions of pounds of concrete and steel from the base of the office tower at 390 Madison… Read more
Extra Innings for NYC Construction Boom
Developers took out more permits to build homes and apartments in New York City in the first three months of… Read more
New Standard for Housing Redevelopment
New York City has a whole new yardstick to measure the apartment developments it puts its money into. Developers who… Read more
Biergarten Opens on Jersey City Waterfront
Lutze Biergarten, Jersey City’s first outdoor biergarten along the Hudson River Waterfront, opened May 5. “Just in time for the… Read more
160 Apartments on Public Housing Parking Lot
Construction started on 160 new apartments on the site of the Robert Fulton Houses, a public housing community in Manhattan.… Read more
New York Stem Cell Foundation Opens in 330,000SF Life Science Hub
May 2, 2017 The New York Stem Cell Foundation opened it’s new 40,000-square-foot laboratory and research facility at 619 West… Read more
Cresa Set to Expand in NYC
May 2, 2017 Cresa, the world’s largest tenant rep commercial real estate advisory firm, is dramatically expanding its team in… Read more
Ariel Property Advisors: More Apartment Property Sales Coming
May 1, 2017 Investors are likely to buy and sell a lot more apartment properties as spring turns to summer… Read more