Downtown New York Commercial Real Estate News

Reading International signed a global retailer to three levels at 44 Union Square, its redeveloped former Tammany headquarters.

Global Retailer Leases Three Levels at 44 Union Square

By Paul Bubny | February 06, 2022 Reading International subsidiary Reading Tammany Owner, LLC has signed a multi-year lease with a le...Read more

Manhattan Office Condo Market Makes Strong Rebound

By Paul Bubny | February 04, 2022 Sales velocity in Manhattan’s office condominium market has returned to pre-pandemic levels, offi...Read more

Empire State Realty Trust signed leases with national retailers at 10 Union Square East and 501 Seventh Ave.

ESRT Signs Service Retailers in Union Square, Midtown

By Paul Bubny | February 03, 2022 Empire State Realty Trust, Inc. (ESRT) inked three new retail leases with AT&T Mobility, Subway...Read more

GFI Capital Resources has obtained a $195-million refinancing of the Beekman Hotel in Lower Manhattan

GFI Secures $195M Refi on Beekman Hotel

By Paul Bubny | February 01, 2022 An affiliate of GFI Capital Resources completed a $195-million refinancing of The Beekman, a Thomps...Read more

Sharebite Partners with Vornado on Contactless Delivery

By Paul Bubny | January 31, 2022 Sharebite, a mission-driven food ordering platform for workplaces, has formed a partnership with Vo...Read more

The James Beard Foundation will anchor a food hall as part of the $400-million redevelopment of Pier 57

James Beard Foundation Will Anchor Food Hall at Pier 57

By Paul Bubny | January 30, 2022 The James Beard Foundation (JBF), a national culinary nonprofit organization, will be the anchor te...Read more

NYC Lags Northeast in New Housing Approvals

By Paul Bubny | January 30, 2022 New York City approved less new housing per resident than any other Northeast city in 2020, the New...Read more

Jordan Bergere brings nearly 20 years' experience to his new role as VP of leasing at Empire State Realty Trust

Jordan Berger Joins ESRT as Leasing VP

By Paul Bubny | January 27, 2022 Jordan Berger has joined Empire State Realty Trust (ESRT) as VP of leasing. With close to 20 years�...Read more

SJP Properties and PGIM Real Estate introduced new indoor and outdoor amenities at 470 Park Ave. South in Manhattan

SJP, PGIM Unveil New Amenities at 470 Park South

By Paul Bubny | January 26, 2022 SJP Properties and PGIM Real Estate unveiled a suite of purpose-built indoor and outdoor lifes...Read more

Two Manhattan West has reached its full height in Midtown South

Brookfield Tops Out at Two Manhattan West

By Paul Bubny | January 24, 2022 Brookfield Properties has topped out construction on Two Manhattan West, the second of tw...Read more

The New York Department of State signed a five-year renewal for approximately 45,000 square feet at 123 William St.

NYC REIT Signs NY State to Lease Renewal at 123 William St.

By Paul Bubny | January 23, 2022 New York City REIT, Inc. (NYC) signed a five-year lease renewal with the New York Department o...Read more

Capital One Nearly Doubles Office Footprint at 114 Fifth Ave.

Chainalysis Trades Up to Four-Floor Lease at 114 Fifth Ave.

By Paul Bubny | January 20, 2022 L&L Holding Company completed a multi-floor lease conversion, extension and expansion with blo...Read more

Square Mile Capital provided a $55-million loan on 517 W. 29th St., an apartment property in Manhattan's Chelsea neighborhood

Square Mile Closes on Loan for Chelsea Multifamily

By Paul Bubny | January 19, 2022 Square Mile Capital Management LLC closed on a $55-million loan secured by 517 W. 29th St., a 60-un...Read more

Navika Group of Companies and Blue Sky Hospitality Solutions have acquired the Andaz Wall Street hotel.

Navika Group, Blue Sky Acquire Wall Street Hotel

By Paul Bubny | January 18, 2022 Navika Group of Companies and Blue Sky Hospitality Solutions (BSHS) Management Company have acqui...Read more

KPG Fund and LaSalle Global Partner Solutions closed on the acquisition of 480 Broadway and 155 Spring St. in SoHo from Vornado Realty Trust.

KPG, LaSalle Close on SoHo Deal with Vornado

By Paul Bubny | January 17, 2022 KPGFunds.com and LaSalle Global Partner Solutions closed on the acquisition of 480 Broadway and 1...Read more

One World Trade Center is now 95% occupied, the highest level in its history, with an expansion by Celonis

One World Trade Adds 11th Broadcaster to Tenant Roster

By Paul Bubny | January 13, 2022 WMBC-TV has signed a 10-year lease to relocate from Montclair, NJ to One World Trade Center. ...Read more

120 Fifth Avenue Manhattan Bromley Companies Allbirds flagship store

Allbirds Signs Lease for Flagship Store in Union Square/Flatiron

By Paul Bubny | January 12, 2022 Bromley Companies has signed a long-term lease for Allbirds at 120-122 Fifth Ave. The sustainab...Read more

Rockrose Reaches Affordability Agreement at Battery Park Tower

By Paul Bubny | January 11, 2022 The Battery Park City Authority (BPCA) reached an agreement to preserve affordability at Tribe...Read more

JLL Completes Quartet of Leases at NoMad Tower

By Paul Bubny | January 10, 2022 JLL completed a total of 75,880-square-feet of leasing in four transactions at Global Holdings Ma...Read more

Meridian Team Handles Kips Bay Sale on Compressed Timeline

By Paul Bubny | January 09, 2022 Meridian’s Amit Doshi, Shallini Mehra and David Schechtman closed on the sale...Read more

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