New York
New “Creative” Offices for Gensler
Global design firm Gensler is moving into a creative new space in the Theatre District. Their new offices will be… Read more
Second Avenue Subway Opens
The new Second Avenue Subway opened on time, and has already survived its first rush hour commute. “After nearly a… Read more
Apartment Rents Rise Fastest Uptown
The price of a rental apartment in Upper Manhattan grew 6.4% on average in November compared to the year before,… Read more
German Investors Buy WTC Courtyard Marriott
The Courtyard Marriott just opened its 317 new rooms at the World Trade Center in Lower Manhattan. But developers Hidrock Properties… Read more
Ground Lease Shocker for SL Green
Property owner SL Green received a terrible surprise regarding the ground lease for its office building at 625 Madison Avenue,… Read more
TriBeCa is NYC’s Most Expensive Neighborhood
TriBeCa is now the priciest neighborhood in New York, according to data firm PropertyShark. The median sale price of a… Read more
NYC Real Estate Spends Big on Politics
The real estate business in New York City spends lavishly to support politicians who might influence their deals, according to… Read more
Say Buh-Bye to Luxury Apartment Boom
For seven years, most metropolitan areas experienced an apartment boom characterized by increasing rents and a lot of deliveries. Demand… Read more
Times Square Landlords Want Experience
With asking rents in New York’s Times Square falling, landlords are seeking out tenants that can provide “experiential retail.” Owners… Read more
Greystone Provides $221M Freddie Mac Credit Facility for Affordable Housing
New York-based Greystone provided a $220.8-million Freddie Mac credit facility to Woodland Park Property Owner, LLC. The financing is for… Read more
American Apparel Closes Stores in Nine Cities
Bankrupt retailer American Apparel now plans to close stores in nine cities. The troubled retailer will sell its remaining 101… Read more
Real Estate Bankers Leave Credit Suisse
Five New York City real estate bankers are leaving Credit Suisse to join a non-bank real estate platform being built… Read more
Financial Firms Scouting for New Office Space
Large financial services companies, anticipating business-friendly policies from the administration of President-elect Donald Trump, are looking for larger office space… Read more
Blackstone’s $620M Buy Represents Largest 2016 MF Deal
Have you heard the big news about the Big Apple? Connect Daily New York is launching on January 23, 2017. Sign… Read more
Airbnb Drops the Sword, Collaborates with City Regulators
As Airbnb continues its seemingly unstoppable growth, the start-up has had various run-ins with city regulators and housing advocates who… Read more
Thor Enters SV Market with $67M MOB Buy
New York-based Thor Equities is acquiring a 100,325-square-foot medical office building in Cupertino, CA from Phoenix-based Vereit Inc. for $67… Read more
Onni Acquires Dev Site in DTLA Arts District
Vancouver, Canada-based Onni Group acquired a 38,266-square-foot development site in DTLA’s Arts District from Core Development Group for reportedly more… Read moreNew York – Weather
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