New York
U.S. Crane Title Remains in Emerald City
Seattle retained its crown as the crane capital of America, a distinction it has held for the past three years.… Read more
JLL Arranges High Line Portfolio Sale to Morgenstern
JLL Capital Markets has arranged the financing for Morgenstern Capital LLC’s purchase of a mixed-use, four-building High Line Portfolio. JLL… Read more
Turtle Bay Music School Trades in Midtown East
Meridian Investment Sales, the commercial property sales division of Meridian Capital Group, sold the Turtle Bay Music School in Midtown… Read more
Affordable Production Reaches New Annual High
The de Blasio administration financed 32,116 affordable homes in 2017, breaking the all-time annual record previously set by then-Mayor Ed… Read more
Mass Transit Drives Rent Growth in Major US Metros
The national average rent in transit-accessible office buildings was 65% higher than the average market rent in early 2018, according… Read more
Hudson Yards’ Tallest Tower Tops Out
The last steel beam has been hoisted into place at 30 Hudson Yards, at 1,296 feet the tallest building in… Read more
LinkedIn Inks Sixth Expansion at Midtown Landmark
For the sixth time since 2011, LinkedIn has inked an expansion lease at the Empire State Building. The deal for… Read more
Millbrook Realty Aims for Lending Growth with New Hire
Millbrook Realty Capital has announced that Uanderson Benedetti has joined the firm as managing director. He’s now responsible for growing… Read more
CushWake Arranges Two New Leases at 575 Fifth
Cushman & Wakefield has secured two leases in pre-built space at 575 Fifth Ave. on behalf of the 40-story office… Read more
WeWork Adds 185K SF in Chicago, Grows to 8 Locations
New York-based WeWork expanded its footprint in Chicago, adding another 185,000 square feet and boosting its market presence to eight… Read more
Comptroller: Cap Security Deposits at One Month’s Rent
City Comptroller Scott Stringer on Sunday called for capping renters’ security deposits at one month’s rent for a one-year lease,… Read more
YTD Midtown Leasing Reaches Third Highest Level on Record
Midtown office leasing for the first half of 2018 totaled 10.1 million square feet, the third highest year-to-date tally on… Read more
Connect Apartments Transactions Series: Inside the $1-$20M Deals
By Dennis Kaiser Transactions in the $1 million to $20 million range remain the multifamily sectors’ cashflow kings. A group… Read more
Corporate Housing Firm Blueground Makes NYC Debut
Furnished-apartment provider Blueground has made its U.S. debut, with 100 apartments across some of Manhattan’s choicest neighborhoods, and aggressive expansion… Read more
What’s Driving Uptick in Reverse Commutes?
The trend of living within urban centers is increasing, though it is creating an unexpected situation. According to JLL’s newest… Read more
Getty Images Moving Downtown to 195 Broadway
Getty Images is moving farther downtown to the Financial District and 195 Broadway, where it will occupy the entire 42,000-square-foot… Read more
Industrial: Flood of Capital, Big Portfolio Deals & Hot Markets
Industrial real estate remains a hot product type for both occupiers and investors. Connect Media asked Colliers International’s Michael Kendall… Read more
Marx Realty Reimagines Ely Jacque Kahn Office Tower
Marx Realty has unveiled the renamed and soon to be repositioned 10 Grand Central at 155 E. 44th St. It’s… Read more
Disney Sells UWS Campus to Silverstein, Will Move to Hudson Square
The Mouse is on the move. The Walt Disney Company has sold its Upper West Side campus, the longtime home… Read more