New York City
“How Do I Get to Work?” The Daily Commute to the Office
Whether an office-using employee will come to that office post-pandemic or work remotely is only one conversation. There’s also the… Read more
W&D Webcast: Related’s Jeff Blau on the Outlook for Cities
When your scope of operations covers a spectrum from Class A office to affordable housing, along with some of the… Read more
REBNY Issues Guide to Safety Best Practices for Market-Rate Resi
The Real Estate Board of New York (REBNY), 32BJ SEIU and Realty Advisory Board on Labor Relations has issued a… Read more
Starbucks’ Transformation Plan Includes Closing 400 Stores, Adding Pickup Options
Seattle-based Starbucks plans to accelerate the transformation of its store portfolio in the U.S. through the integration of the physical… Read more
Heidi Learner Joins CBRE Global Investors as Americas Research Head
Heidi Learner has joined CBRE Global Investors as the Americas head of real assets research, based in New York City.… Read more
REBNY: Tax Revenues from RE Sales Drop for Second Month in a Row
Tax revenue generated from investment and residential sales in New York City and New York State decreased by 76% from May… Read more
Scout Capital Adds South Jersey Cold Storage Hub
Florida-based Scout Capital Partners has engaged Colliers International’s Food Advisory Services team to spearhead leasing at Scout Cold Logistics Center… Read more
MTA Accelerates Progress on $2B in Capital Projects
The Metropolitan Transportation Authority is accelerating construction on $2 billion in capital projects amid reduced ridership caused by the COVID-19… Read more
Dept. of Buildings Issues Guidelines for Restarting Construction Sites
With activity poised to resume at 33,556 non-essential construction sites citywide, the New York City Department of Buildings (DOB) has… Read more
Life Sciences Sector Continues Flourishing in NYC
New York City’s life sciences sector continues to flourish in an otherwise challenging time for traditional office tenants, CBRE reported. Lab… Read more
NYC Apartment Rents Slip for Second Month
New York City rents have declined 0.6% over the past month, but have been relatively flat at 0.1% in comparison… Read more
Soho Resi Trades in Off-Market Deal
Avison Young’s Tri-State Investment Sales group arranged the sale of 198 Prince St., a 5,000-square-foot, four-unit boutique residential property in… Read more
NYC Imposes Curfew, Deploys Extra Police to Downtown BK, Lower Manhattan
Following looting during citywide protests over the death of George Floyd, a citywide curfew took effect Monday at 11 p.m.… Read more
NYC’s Finance Sector Won’t Recover Until 2026
New York City’s finance industry won’t recover from the economic impact of the coronavirus pandemic until 2026, Bloomberg News reported,… Read more
Starwood Capital Will Recapitalize TPG REIT
TPG RE Finance Trust (TRTX) has entered into a definitive investment agreement with an affiliate of Starwood Capital Group for… Read more
NYC on Target to Begin Reopening June 8
The last region of New York State to begin the process of exiting the lockdown brought about by the COVID-19… Read more
Quantum Real Estate Brokers $9M Sale of Providence Retail Property
Quantum Real Estate Advisors has arranged the $9 million sale of a single-tenant Walgreens located in Providence, R.I. Dan Waszak… Read more
Hudson Valley on Track to Begin Reopening; LI May Be Next
Gov. Andrew Cuomo said Saturday that New York City’s northern suburbs in the Mid-Hudson Valley were on track to begin… Read more
Staten Island Ferry Restored to Half-Hourly Service
Calling it a sign things are moving in the right direction, New York City Mayor Bill de Blasio said Thursday… Read more