New York
Job Openings Increase, Layoffs Decrease
The U.S. Labor Department’s monthly Job Openings and Labor Turnover Survey (JOLTS) reported an inc...Read more
Is the High-End Market Condo Market Slowing?
The high-end condo market, once a hot one in and around Manhattan, is showing signs of a slowdown. P...Read more
RXR Realty to Build its First MF for $200M
RXR Realty, which owns large office buildings throughout New York City, has closed a deal to develop...Read more
Global Net Lease Strikes Acquisition Deal Valued at $3.3B
Global Net Lease Inc. has entered into a definitive agreement to acquire all outstanding stock of Am...Read more
Chinese Buyer Pays $66M for Queens, NY Acreage
Xinyuan Real Estate Co. Ltd. acquired a parcel of land at 135-35 Northern Blvd. in Flushing, Queens,...Read more
Renovations Commence to Convert Upstate NY Office into MXU
The Rosenblum Cos. has launched renovation on a former location of a building that was the location...Read more
Castle Lanterra Nabs 220 MF Units in Corpus Christi
Suffern, NY-headquartered Castle Lanterra Properties struck a deal with Cottonwood Residential of Ut...Read more
Hudson Yards Developers Obtain $1.2B Loan for MXU Tower
Partner developers Related Cos. and Oxford Properties Group secured $1.2 billion in financing from C...Read more
Under Armour Takes Former FAO Schwarz Locale
Under Armour Inc. has taken down 53,000 square feet at Boston Properties Inc.’s General Motors Bui...Read more
Chinese CRE Investment Overseas Hits $17B in First Half of 2016
Chinese outbound property investment reached $17 billion during the first five months of 2016, accor...Read more
As Death-Rate Drops, Funeral Homes Sell to Developers
During the past two decades, hundreds of funeral homes across New York City have closed down. People...Read more
NYC’s Park 7 Obtains $86M to Build Southern Student Housing
Park 7 Group, headquartered in New York City, has received a total of $86 million in construction fi...Read more
NYC’s Astoria Cove MF Development On Hold
Astoria Cove, a 2.2-milliion-square-foot waterfront housing development in New York City’s Astoria...Read more
Analysts Call for 25% Drop in UK CRE Prices
Though UK funds with exposure to commercial real estate in and around Britain have yet to be open fo...Read more
Bloomberg Signs 204K-SF Expansion Lease in NYC
Leading business and financial information network Bloomberg LP signed an expansion lease covering 2...Read more
Sovran Self-Storage to Launch $22M Rebranding Plan
Sovran Self-Storage Inc. will rebrand its 563 storage facilities from “Uncle Bob’s Self Storage�...Read more
Pokemon Go and CRE: A New Experiential Retail
Could the answer that brick-and-mortar retailers need to vie with e-commerce be in the form of a 90s...Read more
Tishman Speyer to Build 1M-SF MXU in Long Island City
Having secured more than 800,000 square feet in pre-leases, Tishman Speyer and partner Qatari Diara ...Read more
Winton Capital Inks 10-Year Deal in Manhattan
Winton Capital Management signed a 10-year, full-service lease, taking down 34,844 square feet at 31...Read more