New York
L.A. or NY? Green Street Says West Coast Better for Office Profits
The West Coast edged out the East Coast as the best place to make money on an office investment. Based… Read more
Hersha Trades Financial District Hotel to First-Time NYC Buyer
Hersha Hospitality Trust has sold the 81-key Hampton Inn Financial District for $32.4 million. The Philadelphia-based hotel REIT didn’t identify the… Read more
Giglio Named CushWake’s Top Americas Producer for 2017
Cushman & Wakefield has named Executive Managing Director Robert Giglio its top producer for the Americas in 2017. Giglio, who… Read more
Hudson Group Will Operate FAO Schwarz Stores at Airports
Travel retail chain Hudson Group has signed an exclusive agreement with FAO Schwarz to operate FAO Schwarz- and FAO Schweetz-branded… Read more
REBNY: Citywide Investment Sales Retreat Year-Over-Year
Investment sales dollar volume in the second half of 2017 reached $17 billion citywide for non-residential properties, a 37% drop… Read more
MXU Portfolio Trades in Central Harlem
Adam Clayton Powell Cluster, a portfolio of four walk-up apartment buildings and a vacant lot in Central Harlem, has traded… Read more
America’s Largest Ice Battery Will Cool Old Main Post Office
Using North America’s largest ice battery, Enwave North America and The 601W Companies are partnering to cool Chicago’s old main… Read more
Sixth Ave Remains Top Street for Big Office Leases
Avenue of the Americas (a/k/a Sixth Avenue) was New York’s top street for large office leases in 2017, and Brookfield… Read more
Hudson Yards, Mount Sinai Partner for Onsite Health Facility
Hudson Yards and Mount Sinai Health System are partnering on an 18,000-square-foot health center at 55 Hudson Yards, a 1.3-million-square… Read more
Prebuilts, Amenity Floor Added to Mix at 30 Broad
Tribeca Associates has wrapped up work on the amenity floor and new prebuilts at 30 Broad St. in the Financial… Read more
Apple’s Fourth U.S. Campus Search Requirements
Apple’s search for a location for its fourth U.S. campus is shaping up to be a markedly different process than… Read more
DFW is No. 2 Target for CRE Investment
A recent survey of commercial real estate investors ranked Dallas-Fort Worth as one of the top two target markets in… Read more
Arizona MF Trades in Off-Market Transaction
Denver-based Continental Realty Advisors, Ltd. and New York-based GTIS Partners acquired San Palmas at Mission Park multifamily property in Chandler, AZ… Read more
JV Will Bring Low-Income Units, Library to Inwood
The Inwood section of Northern Manhattan will be home to 175 low-income apartments and a new public library via a joint… Read more
Riskified Takes Bigger Space in Silicon Alley
Silicon Alley’s roster of tech tenants just grew a little longer with the signing of Riskified to what eventually will… Read more
Robotics Startup Will Move to Park Ave
Fresh off a $153-million Series B funding round, robotics software startup UiPath soon will move out of the Midtown WeWork… Read more
Commodities Firm Signs On at 299 Park
Fisher Brothers has signed commodities trading firm Traxys Group to a full floor at 299 Park Ave. The Luxembourg-based Traxys… Read more
Hines, Welltower Break Ground on Midtown Seniors Project
Hines and healthcare REIT Welltower Inc. launched construction of their Sunrise at East 56th, said to be Midtown’s first purpose-built… Read more
Q&A with Colliers’ Will Mathews: Multifamily Still on Investor Radars
With multifamily being the choice of investment for many buyers, we have been wondering if there is an end in… Read more