New York City
Updated Midtown South Rezoning Would Create Nearly 10,000 Apartments
A housing plan that would enable nearly 10,000 apartments to be developed in a 42-block swath of Midtown South was… Read more
Tech-Centric Office Markets See Year-Over-Year Surge in Demand
Demand for office space surged over the past 12 months in cities driven by the tech sector, according to the… Read more
Italian Restaurant Giulietta Will Open at MetLife Building
Irvine Company said Wednesday that the hospitality group behind the La Pecora Bianca restaurant brand signed a 15-year lease to create a… Read more
REBNY: Construction Filings Remain Below Historical Average
Newly proposed construction activity in New York City remains at low levels in the third quarter, consistent with the past… Read more
Capital Markets Veteran Morris Betesh Launches New Advisory Firm
Arrow Real Estate Advisors, a New York City-based real estate capital markets advisory firm, has launched under the leadership of… Read more
LCOR Launches New Acquisition Strategy with Everett Multifamily
New York City-based LCOR has acquired The Batch Yard, a 328-unit residential community located in Everett, MA, for an undisclosed… Read more
Avison Young Markets SoHo Property with POP MART Flagship Store
Avison Young is marketing a 14,225-square-foot retail and residential property at 535 Broadway within the historic cast-iron district of SoHo… Read more
CBRE Adds Mark Fluent, David Milestone and Bill Moyer to Expand Debt and Structured Finance Capabilities
CBRE has expanded its U.S. Debt and Structured Finance capabilities by adding industry veterans Mark Fluent, David Milestone and Bill… Read more
“City of Yes” Proposal Comes Before NY City Council Zoning Subcommittee
Public input will be permitted Tuesday at the second of two City Council subcommittee hearings on the Adams administration’s “City… Read more
Adams Unveils Plans to Revamp Fifth Avenue Through Midtown
New York City Mayor Eric Adams and the Future of Fifth Partnership on Thursday unveiled plans to transform Fifth Avenue between… Read more
The True Costs of Nationwide Office Vacancies
Office vacancies in almost every geographic area have existed for several years, further exacerbated by work-from-home and hybrid work trends.… Read more
Hochul: 421-a Extension Will Mean 71K New Housing Units for NYC
New York Gov. Kathy Hochul said Wednesday that about 71,000 new apartments will be developed in New York City, including… Read more
Wall Street Profits Rise Nearly 80% Year Over Year
Wall Street’s $23.2 billion in pretax profits for the first half of 2024 rose 79.3% over the same period last… Read more
Bauman Rare Books to Open New Gallery at 485 Madison Ave.
Antiquarian book company Bauman Rare Books is opening a new street-level gallery at Jack Resnick & Sons’ 485 Madison Ave. in Midtown Manhattan. As part… Read more
OpenAI-Backed Startup Doubles NYC Footprint in Flatiron District
San Francisco-based generative artificial intelligence firm Harvey has doubled its space at Columbia Property Trust’s 315 Park Ave. South, a 20-story… Read more