New York
Cuomo Outlines $13B Overhaul of JFK Airport
Gov. Andrew Cuomo has outlined a $13-billion overhaul of John F. Kennedy International Airport that would increase the airport’s capacity… Read more
Canon Unit Inks Direct Lease at Sapir’s 261 Madison
Canon USA’s Canon Business Services subsidiary has signed a new lease for six years with a five-year renewal option at… Read more
NYC Angles to Become Cybersecurity Hub
The city has lined up assistance from both academia and capital sources in a bid to establish New York as… Read more
CushWake Markets Upper East Side Medical Condo
Cushman & Wakefield has been retained to sell a 4,384-square-foot, ground floor medical condominium located at 1559 York Ave. on… Read more
2 Tenants Expand at Empire State Bldg.
A pair of tenants at the Empire State Building have expanded their office footprints, owner Empire State Realty Trust said.… Read more
St. John’s Terminal to be Reborn as 1.3M SF of Office
Oxford Properties Group has unveiled its plans to redevelop the historic St. John’s Terminal building in Hudson Square into 1.3… Read more
JV Acquires Blockfront Portfolio Across from Google HQ
Real estate investment firms Dalan Management Associates and Elion Partners have paid $83 million for the 8th Avenue Chelsea Collection,… Read more
Report: Renter Unaffordability Remains Rampant
Apartment List’s recently released 2018 Cost Burden Report offered good news and bad news. First, the good news: Nationally, the… Read more
Todd Sammann Joins CBRE Global Investors to Lead Credit Strategies
CBRE Global Investors expanded its leadership team with the addition of Todd Sammann who joins the Los Angeles-based firm as… Read more
Co-working Tenants Triple Their Share of Manhattan Leasing
Co-working tenants accounted for 12% of the nearly 25 million square feet of Manhattan office leases in the year’s first… Read more
CushWake Sells Retail on Sixth Avenue Corner
Cushman & Wakefield has arranged the sale of 976 Ave. of the Americas, a fully-leased, three-story retail building at the… Read more
City, Port Seek Shift to Barges for Moving Freight
The Port Authority of New York and New Jersey and the New York City Economic Development Corporation have created an… Read more
$8B Hedge Fund Startup Doubles Park Ave. Space
Hedge fund startup ExodusPoint Capital, which had $8 billion in capital at the time of its June launch, is doing… Read more
Commercial Bank Commits to 3 Floors at 1400 Broadway
Signature Bank has signed up for three floors at Empire State Realty Trust’s 1400 Broadway. The commercial bank is taking… Read more
UBS Ranks Global Cities for Bubble Risk
UBS Global Wealth Management’s UBS Global Real Estate Bubble Index 2018 indicates bubble risk or a significant overvaluation of housing markets in… Read more
Amazon Debuts New Brick-and-Mortar Concept in SoHo
Amazon has opened another brick-and-mortar retail store in New York, debuting a new concept at the same time. All of… Read more
Lightstone Tops Out on 3rd of 4 NYC Moxy Hotels
Lightstone has topped out on the third of four Moxy hotels it’s developing locally in partnership with Marriott. The 286-key… Read more
Cadillac’s Ride from Detroit to SoHo and Back Again
In late September 2014, General Motors announced that Cadillac, long a symbol of Detroit luxury-car know-how, would be established as… Read more
Tishman Speyer Unveils Coworking Brand, Plans Expansion
Tishman Speyer’s new coworking brand, Studio, doesn’t open its doors until Nov. 1, but response to the inaugural Rockefeller Center… Read more