Downtown New York
Manhattan Retail Corridors Show Leasing Strength; Rent Growth is Subdued
Manhattan retail activity in the second half of 2024 was bolstered by a strong jobs market, near-re...Read more
Feil Organization Secures New Tenant and Expansion at 853 Broadway
The Feil Organization signed two leases totaling 15,126 square feet with two tenants at 853 Broad...Read more
RFR Signs Apparel Brand Gymshark to First U.S. Store
RFR has signed a full-building lease with UK-based fitness apparel and accessories brand Gymshark a...Read more
Jane Street Capital Upsizes to Nearly 1M SF at Brookfield Place
Quantitative trading firm Jane Street Capital has renewed and expanded its lease at Brookfield Asse...Read more
Cannon Hill Recapitalizes 888 Broadway for Reported $200M
Cannon Hill Capital Partners has completed a $200-million recapitalization of 888 Broadway, with th...Read more
City Council Approves Two Big Life Sciences Projects in Kips Bay
The New York City Council has approved the Science Park and Research Campus (SPARC) Kips Bay and ...Read more
Savanna Snaps Up Boutique Meatpacking Offices at Deep Discount
Savanna has acquired the leasehold interest for 430 W. 15th St., an eight-story, 95,000-square-foot...Read more
Marcus & Millichap: 2025 a “Pivotal Year” for NYC Apartment Investment
New York City metro area apartments are projected to experience the fastest rent growth in three ye...Read more
Northmarq Arranges $78M in Permanent Loans on Lower East Side Portfolio
Northmarq’s Carolinas Debt + Equity team led by Tom Peloquin arranged the financing for five m...Read more
German American Chamber of Commerce Relocates to 120 Wall St.
Silverstein Properties has signed a relocation agreement with the German American Chamber of Comme...Read more
Activate Games Inks Lease for Flagship Union Square Location
Newmark Retail arranged a 14,814-square-foot retail lease with Activate Games at 24 Union Square ...Read more
City Issues RFP for Gansevoort Square Redevelopment
The New York City Economic Development Corporation has issued a Request for Proposals to reimagine ...Read more
Leasing Commences at 1,320-Unit Office-to-Residential Conversion
GFP Real Estate, Metro Loft and Rockwood Capital have launched leasing for SoMA, a luxury rental t...Read more
NYC Multifamily Sales Register Year-Over-Year Gains in Dollar Volume, Transactions
New York City’s multifamily market recorded $8.9 billion in dollar volume in 2024, a 14% increase...Read more
RFR Refinances 17 State St. Office Tower
RFR announced the refinancing and recapitalization of several key assets in New York, includin...Read more
IBM Expands to 362K SF at One Madison Ave.
SL Green Realty Corp. has signed a 92,663-square-foot expansion lease with IBM at One Madison Ave.,...Read more
Preschool Operator Acquires Sixth Avenue Retail Condo
Adelaide Polsinelli, vice chairman, and Trystan Polsinelli, senior executive director of Compass Co...Read more
NYCEDC: City Sees Record Number of Private-Sector Jobs
New York City’s labor market is seeing a record number of private-sector jobs (4,151,400 annual a...Read more
Aritzia Extends and Expands Occupancy at SoHo’s 560 Broadway
Canadian fashion retailer Aritzia has opened a new SoHo Flagship Boutique at GFP Real Estate’s 56...Read more