New York
Rudin Taps JLL for 80 Pine St. Leasing
JLL was selected by Rudin Management Company to handle leasing for 80 Pine St. in Lower Manhattan’s Financial District. The… Read more
Building Congress Urges Steps to Capture Parks’ Real Estate Value
Increasing NYC Parks Department’s expense budget and giving businesses more open space are among the recommendations the New York Building… Read more
NCF Joins Nonprofit Tenant Roster at 120 Wall St.
The Nathan Cummings Foundation (NCF), a nonprofit grantmaking foundation, has signed a 12-year, 13,751-square-foot lease at Silverstein Properties’ 120 Wall St. in… Read more
Retail Imports Expected to Hit Lowest Annual Level in 4 Years
Imports at major U.S. retail container ports during 2020 are expected to drop to their lowest total in four years… Read more
Developers Buy Fewer NYC Sites Year-to-Date
Sales of development sites in the city dropped 27% to 103 transactions for the first six months of 2020 compared to the year-ago period,… Read more
Downtown Alliance Launches Small Business Initiatives
The Alliance for Downtown New York has launched a pair of initiatives intended to help local businesses that are being… Read more
NYC Property Tax Collections Up as FY 2021 Begins
In the first three weeks of the new tax year, the city collected 6% more in property tax revenue compared… Read more
Yorkville Mixed-Use Fetches $4M
Cushman & Wakefield arranged the sale of 419 E. 91st St., a 4,554-square-foot, vacant mixed-use asset on the Upper East Side.… Read more
Gut Renovation Turns Former Tammany Hall into Offices, Retail
BKSK Architects recently completed a gut renovation of the former Tammany Hall headquarters building at 44 Union Square for Reading International (RDI), at… Read more
$8B LaGuardia Upgrade Advances with Second Opening in a Month
The second new concourse and seven new gates at LaGuardia Airport’s Terminal B will be activated on August 5, Gov.… Read more
Small Loans Specialist Joins Walker & Dunlop in NYC
Walker & Dunlop hired Jared Sobel as managing director in its New York office. Sobel will play a leading role in the growth of… Read more
Seller of East Village Mixed-Use Asks $4M
Avison Young’s Tri-State Investment Sales Group was tapped to sell 19 First Ave., a 3,213-square-foot, three-unit building in the East… Read more
Aaron Greeno Appointed Head of Dune’s West Coast Office
New York-based Dune Real Estate Partners LP appointed Aaron Greeno to lead its West Coast office in Los Angeles. He… Read more
Graybar Building Wins International BOMA TOBY
SL Green Realty Corporation’s 420 Lexington Ave., commonly known as The Graybar Building, has won the BOMA International TOBY Award for Historical Building of… Read more
City Launches Mediation Program for Pandemic-Related Rent Issues
The de Blasio administration recently announced a mediation program to address rent-related issues between apartment landlords and tenants arising from… Read more
CHIP: Vacancies, Late Payments Weigh on Rent-Stabilized Landlords
Even as rent delinquencies declined from 25% to 18%, vacancies in residential buildings have doubled to 8% since February, Crain’s New York Business… Read more
John Fischer Joins Standard Communities in L.A.
Los Angeles-based Standard Communities expanded its leadership team with the addition of John Fischer, who joins the firm as Managing… Read more
Chopard Relocates NYC Flagship to Crown Building
Cushman & Wakefield arranged Chopard’s relocation of its flagship boutique to the Crown Building at 730 Fifth Ave. The two-level space… Read more
Two California Markets Experience Growing Sublease Dilemma, Reports CBRE
The amount of office space offered for sublease in the 10 largest U.S. office markets increased by 12% since the… Read more