New York
Seattle Posts Double-Digit Percentage Gains in Office Rents
CBRE’s Tech-30 report, now in its 10th year, measures the industry’s impact on office demand and rents in the 30… Read more
Grower-Owned 787 Coffee Brews Up SoHo Location
Philips International said Monday that 787 Coffee Co. will open its 14th New York City location at 72-74 Thompson St. in SoHo. 787 Coffee… Read more
Ariel Lists West Harlem-Hamilton Heights Trio
Ariel Property Advisors has exclusively listed properties at 369 W. 126th St., 532 W. 152nd St. and 417 W. 126th St, all in Northern Manhattan’s West Harlem-Hamilton… Read more
Turner Construction Relocates Headquarters to Far West Side
Turner Construction Company will relocate its global headquarters and New York office to The Spiral, Tishman Speyer’s 65-story office tower currently under construction at 66 Hudson Blvd. on… Read more
Savills, SRS Form Strategic Alliance
Savills said Monday it had formed a strategic alliance with SRS Real Estate Partners, supplementing its existing North American retail… Read more
BARK Opts for Single-Floor Headquarters at 120 Broadway
The Original BARK Company, the company behind BarkBox, signed a 15-year, 52,000-square-foot office lease at Silverstein Properties’ 120 Broadway in the Financial District. BARK is slated… Read more
Skyline Amasses 82K SF of Leases at 1040 Sixth Ave.
Skyline Developers, the New York and New Jersey-based development firm owned by the Wilf family, has completed a series of leases totaling… Read more
Downtown Chicago’s Class B Office Stock Poised for Residential Conversion
Chicago ranks third only behind New York and Washington, DC in potential for converting class-B office to residential use, according to the National Association… Read more
Squire Technologies Inks Full-Building Lease on Lower East Side
Cushman & Wakefield arranged a long-term, full-building lease for Squire Technologies, Inc. at 216 Bowery, a new boutique office redevelopment on… Read more
Reimagined 1501 Broadway Draws New Tenants
Newmark and the ownership of 1501 Broadway unveiled the Midtown office tower’s recently completed pre-build program and more than 25,000 square feet of office leasing since the onset of a capital improvement… Read more
Taconic, National Close on $204M Construction Loan for Hell’s Kitchen Tower
Taconic Partners and National Real Estate Advisors, LLC closed on a $204-million construction loan with the Union Labor Life Insurance Company for their upcoming mixed-use residential building at 312 W. 43rd St. in Hell’s Kitchen. Avison Young’s co-leads of… Read more
Shoppers Have Held Back but May Go For It on Black Friday
A new Oracle retail survey shows that consumers have barely made a dent in holiday shopping. While a September survey… Read more
Marcus & Millichap Closes Sale of Midtown South Hotel Set for “Incredible Revitalization”
Marcus & Millichap closed the sale of Martinique New York on Broadway, a 531-room landmark hotel on the corner of 32nd Street… Read more
Avison Young Arranges Long-Term Renewal for Second Stage
Avison Young’s New York office arranged a long-term lease renewal for theater production company Second Stage Inc. at the Tony… Read more
Meridian Arranges $38M Financing on Bronx Portfolio
Meridian Capital Group arranged $38 million in financing to refinance a multifamily portfolio of nine properties in the Bronx. The 10-year… Read more
NYC Leads Metros in Delinquency Balance, But Not Rate
Although the New York-New Jersey SMSA has the highest CMBS delinquency balance at $4.7 billion as of October, it doesn’t have the highest rate, Trepp… Read more
NoMad Offices Once Used by Astors Trade for $13M
Cushman & Wakefield arranged the sale of 21 & 23 W. 26th St., two historic adjacent, separately owned office buildings totaling 14,885… Read more
Compass’ Polsinelli Markets Historic Upper West Side Offices
Compass vice chairman Adelaide Polsinelli and commercial principal Meylin Maldonado have been hired to sell 236 W. 72nd St. on Manhattan’s Upper West Side. The… Read more
MSG Entertainment, Caesars Ink Sports Betting Partnership
Madison Square Garden Sports Corp. and Madison Square Garden Entertainment Corp. have formed a multi-year marketing partnership with Caesars Sportsbook, an entity… Read more