New York City
Wall Street Bonuses Reached Record $47.5B in 2024: NYS Comptroller
The average bonus paid to employees in New York City’s securities industry for 2024 reached $244,700, up 31.5% from last… Read more
Casa Cipriani Expanding to Miami
Casa Cipriani is taking its private club concept to Miami Beach. Casa Cipriani Miami, developed by 13th Floor Investments and Midtown… Read more
Innovo Launches Leasing at Studio and Industrial Complex in Long Island City
Innovo Property Group (IPG) announced the completion and immediate availability of The Borden Complex. Located at 23-30 Borden Ave. in Long Island City’s… Read more
H.W. Kaufman Group Relocates NYC Offices to Silverstein Tower in Midtown
Global specialty insurance organization H.W. Kaufman Group will relocate its New York City office to 1177 Ave. of the Americas,… Read more
Santander Renews U.S. Headquarters Lease at 437 Madison
Sage, a privately held commercial real estate services firm that leases and manages more than 2.5 million square feet of Class… Read more
Brandon Polakoff Elevated to Head of NYC Investment Sales at Avison Young
Avison Young has appointed Brandon Polakoff as head of investment sales for the firm’s New York City market. He will… Read more
Blackstone Partnership Seeks Sale of NYC Commercial Property Debt
A joint venture including Blackstone seeks to sell about $395 million of commercial-property loans in the New York area, offloading… Read more
Office Foot Traffic Slows in February 2025
Return-to-work mandates seem to be increasing, with many government and private sector workers directed to return to the office full-time.… Read more
Industrious Partners with Rudin for Midtown East Location
Flexible workspace provider Industrious has signed on for its newest location in New York City, Industrious Lex & E 50th St, set… Read more
Design Studio Snøhetta Relocates NYC Headquarters to DUMBO
Two Trees Management Co. said Monday that global design studio Snøhetta, whose credits include the National 9/11 Memorial and Museum, has signed… Read more
Bay Area Ranks as Global Hub for GenAI
For generative artificial intelligence (GenAI), the Bay Area is the true hub, Cushman & Wakefield said in a newly released… Read more
Catalyst Investment Partners Acquires Upper Marlboro Warehouse
MacKenzie Commercial Real Estate Services represented Catalyst Investment Partners in the acquisition of 6200 Fallard Drive, a 6,000-square-foot warehouse building… Read more
Former Berkeley College Properties in White Plains Will Yield Condos
RM Friedland (RMF) arranged the sale of 99 Church St. and the adjacent 6 Cottage Pl. on behalf of Berkeley… Read more
Manhattan Trophy Towers Spur Resurgence in Office CMBS
Investors are coming back to buying office CMBS after about two years on the sidelines, committing billions to deals that… Read more
NYC Leads in Multifamily Conduit CMBS Distress
As New York City led in 2024 CMBS conduit issuance for multifamily properties, so it is also leading an increase… Read more
L&L Secures Two Extensions with 600 Third Ave. Tenants
L&L Holding Company has signed two lease extensions totaling 55,269 square feet at 600 Third Ave., its modernized 42-story Midtown East… Read more
Darcy Stacom, Wendy Silverstein Launch Capital Markets Advisory Firm
A year after the launch of Stacom CRE, Darcy Stacom and Wendy Silverstein have launched a new partnership, StacomSilverstein, a woman-owned boutique capital markets real… Read more
Momoya Team Will Bring New Restaurant Concept to One Bryant Park
The team behind the Japanese dining destination Momoya has signed a lease for a new restaurant concept on the ground floor of… Read more
White House Moves to Quash Congestion Pricing
Following reports that President Trump wanted to shut down the congestion pricing program that took effect last month as the… Read more