New York City
Flexible Workplace Company Workchew Acquires New York’s KettleSpace
Flexible workspace startup WorkChew, which is attempting to be a sort of Airbnb of work by turning hotels, empty office… Read more
NYC Hotels Projected to Lose $2.5B in Business Travel Revenues This Year
U.S. hotel business travel revenue is projected at 23% below pre-pandemic levels in 2022, ending the year down more than… Read more
NYC Multifamily Sales “Robust” as Q1 Continues Momentum
New York City’s multifamily market experienced a robust first quarter with dollar volume totaling $2.87 billion, up 451% from the… Read more
NYC’s Largest Rooftop Open Space Unveiled at Pier 57
New York Gov. Kathy Hochul, New York City Mayor Eric Adams, Hudson River Park Trust president & CEO Noreen Doyle,… Read more
Seattle Apartment Rent Growth Leads State and National Averages
Seattle apartment rents increased 1.0% between February and March, and have increased sharply by 18.9% from a year ago, Apartment… Read more
Transmission Lines Will Bring Renewable Energy from Upstate to NYC
New York State’s Public Service Commission has approved contracts with Clean Path New York LLC for its Clean Path NY… Read more
JP Morgan Chase Unveils Plans for its New Park Ave, 60-Story Headquarters
JP Morgan Chase has unveiled the design for its new state-of-the-art global headquarters at 270 Park Avenue, reinforcing its commitment… Read more
Meta is Taking Additional 300K sf at 770 Broadway
Facebook’s parent company Meta is taking up more real estate space in Manhattan, giving the office market a much needed… Read more
Marcus & Millichap Duo Takes Top Honors at REBNY’s Annual Most Ingenious Deal Awards
New York City commercial brokerage leaders came together on April 13 to honor winners of the Real Estate Board of New… Read more
Walker Webcast: Amor Towles—From Writer to Investment Banker to Writer Once Again
Amor Towles is a well-regarded novelist. His best-known works are “Rules of Civility,” “A Gentleman in Moscow” and the recently… Read more
Walker & Dunlop in Big $70M Manhattan Multifamily Finance Deal
Multifamily sector finance specialist Walker & Dunlop has arranged $70 million in permanent financing for 21 West Street in New… Read more
Ferguson Partners Elevates Gemma Burgess to CEO
Talent management firm Ferguson Partners, which specializes in the global real assets industries, has named Gemma Burgess its new CEO,… Read more
Merchants Capital Provides $104M to Renovate Historic Harlem River Houses
The New York office of Merchants Capital has provided more than $104 million in financing for Harlem River Houses and… Read more
CREFC Chair: Market is Still Seeing Signs of Distress
The CRE Finance Council (CREFC) hosted its 14th annual High Yield, Distressed Assets & Servicing (HYDRA) Conference in New York… Read more
Partnership for NYC Sees Renewed Momentum in City’s Economy
The city’s economy is gaining momentum as tourism, transit ridership and employment have rebounded after stagnating during the spread of… Read more
NYC Aims to Spur Economic Development with City Office Space
New York City Mayor Eric Adams on Wednesday announced his new “CARE” strategy, “City Agencies Revitalizing the Economy,” to create… Read more
In a First, New York Building 286 Lenox Ave Now Trading Like a Stock
CRE Trading Exchange LEX has announced that an IPO of a New York City building – 286 Lenox Ave. –… Read more
Standard Real Estate Investments Enters New York Market
Standard Real Estate Investments, LP, a national, minority-owned real estate private equity firm, today announced its first foray in New… Read more
Howard Hughes Corp. Takes Minority Stake in Jean-Georges Restaurants
The Howard Hughes Corporation (HHC) has invested $55 million in chef Jean-Georges Vongerichten’s Jean-Georges Restaurants to acquire a minority stake and to fund growth… Read more