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It’s the age-old developer’s trade-off. In a market saturated with new apartments, building owners have a decision to make. You can either tolerate higher vacancy rates and hope they don’t last too long. Or, you can offer a month or two of free rent to get renters in units. Either way, in the long run, you’re hoping to have enough tenants to pay...
Real estate developer and owner Brookfield Properties continues to leverage its partnership with meeting, concierge and conference space provider Convene. Convene’s newest location in New York City...
Luggage designer Away, known for its signature striped patterning and direct-to-consumer advertising model, is relocating its headquarters to a larger space in SoHo. The travel company has signed a...
Valerie Richardson takes the ICSC stage as the group's new chairperson, and its first from a retail shop, in its 59-year history. Credit: Jacquelyn Ryan for CoStar Group Inc. The International...
The average monthly apartment rent in Manhattan is $3,840 per unit, or $5.07 per square foot, according to CoStar and Apartments.com records. But when you look at the 9,500 market-rate units that...
Rockpoint and Brooksville Company are the new owners of Silver Creek Towers (Starrett City), less than a year after entering into a contract to buy the 153-acre affordable housing complex in Brooklyn from...
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