New York
SL Green Buys, Sells in Midtown
SL Green Realty Corp. was reportedly the successful bidder for the leasehold interest at 2 Herald Square (pictured) in a… Read more
Law Firm Pillsbury Takes 4 Floors at Paramount Group Tower
Paramount Group, Inc., which last week signed a McGraw-Hill unit to five floors at 1325 Ave. of the Americas, has… Read more
CUF: Tourism Needs a Seat at NYC’s Economic Development Table
Investment in the region’s transportation infrastructure is one of the key focal points in the Center for an Urban Future’s… Read more
Wolf Haldenstein Re-Ups at 270 Madison, Its Home Since 1923
There are long-term tenants, and there are perennial tenants. ABS Partners Real Estate has renewed the 32,790-square-foot lease of law… Read more
66-Story Manhattan Condo Development Snags $350M Construction Loan
Eastern Consolidated’s Capital Advisory Division secured a $350 million construction loan for a 66-story luxury condominium project under development by… Read more
Deutsche Bank Sets Sights on Time Warner Center for New HQ
Deutsche Bank will join the roster of financial services giants leaving the Financial District. The relocation of its North American… Read more
Lightstone Unveils Sales Gallery for Upper East Condo Build with Local Feel
Lightstone has opened the sales gallery at 40 East End, its new Upper East Side boutique condominium designed by Deborah… Read more
SL Green Signs Coty to Times Square Retail Flagship
SL Green Realty Corp. has signed Coty Inc. to a 10,040-square-foot lease at 30 Times Square, the retail flagship development… Read more
Landmarked Midtown Tower Scores $120M Refi
A JLL Capital Markets team has arranged a $120-million floating-rate loan to refinance 130 W. 42nd St., a landmarked office… Read more
Airbnb Shares Blame for Rising Rents, Says Comptroller
Apartment renters citywide paid $616 million in additional rent in 2016 due to the exponential growth of Airbnb listings, according… Read more
William Kaufman Inks Quartet of Leases at 437 Madison
The William Kaufman Organization recently arranged a new lease, two expansions and a renewal at 437 Madison Ave. In the… Read more
Fire Pension Fund Crosses East River to Battery Park
The New York City Fire Pension Fund is vacating fire department headquarters at MetroTech Center in Brooklyn for Lower Manhattan.… Read more
Paramount Leases 5 Floors to McGraw-Hill Education
Paramount Group Inc. said it has signed McGraw-Hill Global Education Holdings to 136,176 square feet at its 1325 Ave. of… Read more
Brookfield & Lendlease on Buying & Selling in Today’s Market
Connect New York featured some of the city’s heaviest hitters in development, investment, brokerage and other sectors. Two of them,… Read more
Effective Office Rents Drop in Major Cities, But Not in California
Fueled by extensive new construction underway and large quantities of older space flooding the office market, U.S. landlords in major… Read more
Latham & Watkins Heads West to Sixth Ave.
Latham & Watkins is relocating its New York offices to the Rockefeller Group’s 1271 Ave. of the Americas. Currently located… Read more
HNA, SL Green Reportedly Talk Deal for 245 Park
HNA Group is reportedly discussing a sale of 245 Park Ave. to SL Green Realty Corp., which is developing One… Read more
BBG Elevates DiPietra to Managing Director in NY Office
Valuation advisory firm BBG has promoted director Jon DiPietra (pictured) to managing director of the New York office. With a… Read more
Bilingual School Lyceum Kennedy Renews at 815 Second
International school Lyceum Kennedy, which serves both the French-American and Japanese-American student communities in New York, will remain at 815… Read more