New York City
NYC Remains the Most Expensive Market for Office Construction
New York City maintains its position as the most expensive location for commercial space fit-out and all-in costs, with average… Read more
NYC Life Sciences Availability Drops in Q3
In the latest quarterly report from CBRE for New York City’s lab leasing market, several key trends emerged. Lab… Read more
Populous Doubles Office Space in West Chelsea
Populous, a global design firm, is expanding its lease at The Starrett-Lehigh Building in West Chelsea. The additional space will… Read more
Finding Proof of Sustainable Headquarters
In the current built environment, many companies fly their “sustainability” flags, broadcasting their efforts toward carbon reduction. But ProptechOS sought… Read more
Kensington Vanguard Inks Full-Floor Lease with Rudin
Rudin finalized a new lease with Kensington Vanguard National Land Services at 41 Madison Ave., its renovated office tower in Midtown South’s… Read more
Urban Edge Nabs Two Boston-Area Centers for $309M
Urban Edge Properties has closed on the $309-million acquisition of two Boston-area shopping centers, Gateway Center in Everett and Shoppers World in… Read more
Investment Group Acquires Jersey City Multifamily
CBRE arranged the $8.15-million sale of a multifamily property located at 160 Vroom St. in Jersey City, near the Journal… Read more
Cerberus Acquires Undeveloped Santa Clara Site
Cerberus Real Estate Capital Management LLC, acting through an affiliate, acquired an undeveloped 13.3-acre site in Santa Clara from Greystar… Read more
NYCEDC, Cornell Tech Partner on Urban Innovation Initiative
New York City Economic Development Corporation (NYCEDC) and Cornell Tech on Tuesday announced the launch of Pilot: New York City to advance… Read more
Weill Cornell Expands, Renews in 300K-SF Midtown Lease
In one of New York City’s largest leases year-to-date, George Comfort & Sons, on behalf of the ownership of 575… Read more
Brodsky to Convert Flatiron Building to Condos
The Brodsky Organization, The Sorgente Group, and GFP Real Estate have formed a joint venture to revitalize and convert New… Read more
Republic Capital Inks Space at Rockefeller Center
Republic Capital has signed a headquarters lease at 50 Rockefeller Plaza. The investment bank is moving its 11-person team… Read more
Hochul Signs Three Affordable Housing Bills
New York Gov. Kathy Hochul signed three pieces of legislation to build and preserve more affordable, energy-efficient housing in New… Read more
NYC Multifamily Sales Plunge 56% in Q3
New York City recorded $1.55 billion in multifamily sales in the third quarter, down 56% from Q2, according to Ariel Property Advisors’ Q3… Read more
146-Room Renton Residence Inn Bought for $55M
MCR, the country’s third-largest hotel owner and operator, has completed the sale of the 146-room Residence Inn by Marriott Seattle… Read more
NY Resi Construction Spending to Hit $26B
The New York Building Congress (NYBC) anticipates a slight increase in residential construction spending in New York City during 2023,… Read more
NY Life Science Expands Steadily in Q3
The life sciences industry is expanding steadily in New York City, with state and city incentives encouraging lab development for… Read more
Citizens Private Bank Launches in New York
Citizens Financial Group, Inc. has rolled out Citizens Private Bank nationally in New York City, marking a significant step in… Read more
French Liquor Rémy Cointreau to Move HQ to Times Square
Rémy Cointreau, the parent company of Rémy Martin cognac and Cointreau orange liqueur, has signed a 10-year, 29,852-square-foot lease at… Read more