New York City
Times Square’s residential makeover expands with office-to-apartments approvalThe state has taken the next step in making the Manhattan tourism-and-entertainment a livable domain.
Three tenants renew leases at Manhattan’s Seagram BuildingThe deals come as an Avison Young study found market lease terms have topped pre-pandemic averages.
Daily Roundup
Target cites tariff uncertainty in sales decline; New York tops city ranking for economic prospects; Single-family rental development slowsHere’s what you need to know to start your day.New York to spend over $400 million to upgrade priciest US shopping corridorThe expected total investment in Fifth Avenue more than doubles the initial amount.
Silverstein’s NYC casino proposal adds new partnerRush Street Gaming’s Neil Bluhm has led projects in Boston, Chicago and Los Angeles.
BH3 Management adds senior associate to growing New York officeThe South Florida-based real estate investment firm has hired Dylan Bennett.
With stock lagging, office landlord Paramount Group explores strategic alternativesThe company owns top-tier properties in New York and San Francisco.
Related, Oxford, Wynn Resorts drop Manhattan casino bid at Hudson YardsA revised plan for the development includes building up to 4,000 apartments.
More News
People of Note
Transwestern hire to grow project services; Newmark expands valuation team; Ferguson taps executive to bolster healthcare groupRead the latest on new hires, promotions and other personnel changes.Podcast
Consumer sentiment may be down, but US hotel performance isn'tHosts of the "Tell Me More: A Hospitality Data Podcast" say in the latest episode that hotel performance was better than expected in April.McDonald’s pulls plug on experimental CosMc’s spinoffThe burger chain plans to keep selling drinks inspired by the concept.
Coinbase signs major San Francisco office deal after ditching headquarters during pandemicThe cryptocurrency exchange has finalized a 151,000-square-foot lease at the Tishman Speyer-developed Mission Rock project.
Shorenstein signs latest lease at new Charlotte office towerSouthState Bank is relocating its regional headquarters to 110 East in a flight-to-quality push.
ICSC Las Vegas
Tariff-induced uncertainty may disrupt retail market if consumers feel pain, JLL executive saysIn this video interview, the firm's president of retail advisory services, Naveen Jaggi, said he feels good about the outlook of the sector.Design & Construction
Pediatric healthcare campus crosses river in Philadelphia to find room to expandChildren's Hospital of Philadelphia is set to open a new research tower this year and a new patient tower in 2028. Record amount of travelers expected this Memorial Day weekendAAA data projects a record amount of travelers this Memorial Day weekend, primarily by car.
ICSC Las Vegas
US retail’s biggest conference shows dealmaking can supersede economic turmoilTenants and landlords at the ICSC conference said the macro environment hasn't stopped deals from getting done.US government considers shedding more offices around the country to save moneyFrom Boston to Houston to Miami, property could be used as multifamily or mixed-use spaces, real estate pros say. The list includes the U.S. Department of Energy's headquarters.
Commercial projects grow near new public parks across the countryGreen space attracts developers to build projects from Atlanta to Irvine, California, the Trust for Public Land said in a report.
Daily Roundup
House passes Trump tax bill; Walmart plans job cuts; Existing home sales declineHere’s what you need to know to start your day.People of Note
Northmarq expands investment team in LA; BH Properties taps director to grow retail portfolio; CBRE adds to litigation support teamRead the latest on new hires, promotions and other personnel changes.ICSC Las Vegas
Retail space shortage 'shocking,' Colliers executive saysIn this video interview, the firm's national director for retail, Anjee Solanki, describes how she sees high demand leading to waiting lists for spots at some centers.CMBS Notebook
Carr Properties refinances Boston tower; CMBS poses risk for banks; Short-term loan bundles surgeA weekly look at the commercial mortgage-backed securities business.Despite challenges, deals still possible in current environment, hoteliers sayAt the Hospitality Law Conference, hotel industry experts spoke about the current state of capital markets and the factors affecting hotel deals and development.
Two decades and $1.3 billion later, largest US hotel under construction becomes year's biggest openingThe Chula Vista property’s 1,600 rooms and a half-million square feet of meeting space have already generated more than 1 million hotel room-night bookings.
Global Report
CoStar World News for May 22Iran’s hotels lure investors despite sanctions; UK monarch’s property firm joins development venture; French retail deal volume soarsICSC Las Vegas
From doggy day care to ethnic grocers, a wave of fresh retailers expandsLegacy tenants are getting replaced by businesses related to shifting consumer priorities.San Francisco project to rise on site of fatal fire, despite Mission neighbors' oppositionLocal officials say state laws make it harder for residents to block housing developments.
Daily Roundup
Home Depot plans to avoid price hikes; Big banks get ratings downgrade; Office attendance holds near peakHere’s what you need to know to start your day.ICSC Las Vegas
CBRE's new Americas retail managing director surveys the property landscapeIn one of his first interviews on the job, Scott Schnuckel discusses the state of the business.People of Note
Newmark bolsters national finance team; Savills pursues Chicago life science business; Walker & Dunlop expands multifamily servicesRead the latest on new hires, promotions and other personnel changes.Trinity Investments sells JW Marriott Phoenix Desert Ridge to Ryman Hospitality for $865 millionTrinity Investments bought the 950-room hotel from Blackstone in 2019 for $602 million and invested $100 million into a renovation, which was completed in 2023.
Featured
Hospitality
Market standouts include Detroit, Chicago and PGA Championship host Charlotte
Hospitality
CoStar Economy
CoStar Economy
Analytics
American consumers show caution as tariff talk heats up
Analytics
CoStar Insight
CoStar Insight
Analytics
A few new occupier behaviors characterize emerging balance in office market
Analytics
Market Moves
Market Moves
Finance
Here’s a Live Overview of What’s Happening in the Market Today
Finance
Impact Awards
Impact Awards
Top News
Industry pros pick work that had a major impact on their markets
Top News
Featured
Featured
Office
New music venue, offices and restaurants drive interest in changing part of Virginia capital
Office
CoStar Insight
CoStar Insight
Analytics
New projects to come on line in downtown Miami, Brickell Key
Analytics
CoStar Insight
CoStar Insight
Analytics
Healthy demand and limited new supply bode well for landlords
Analytics
CoStar Insight
CoStar Insight
Analytics
Just because retail space is tight doesn't mean retailers are less selective when it comes to new locations
Analytics
International News
United States
'This correction is very, very different': Executives say shifting public policy muddies the investment waters.
United States
Germany
The 'war for talent' is driving the need for attractive workplaces
Germany
United Kingdom
Sentiment towards the previously unpopular sector continues to improve on this side of the Atlantic
United Kingdom
Iran
International visitor arrivals to Iran are rising, but obstacles to recovery remain
Iran
United States
Tariff uncertainty has logistics executives bracing for more volatility as demand falls
United States
United States
Brightline reaches deal with shared office space provider Industrious
United States
United Kingdom
Global fashion icon signs 10-year lease at former Ted Baker unit on Regent Street
United Kingdom
United Kingdom
US industrial investor has queried value attached to Crewe Radway Green site
United Kingdom
Exclusive
Exclusive
United States
Flexible office provider is hunting for new flagship location in New York
United States
United Kingdom
CoStar index shows central London offices, retail warehouses and Scottish hotels among the best relative performers
United Kingdom
France
Fund targeting UK and major European markets
France
Mike McDonald has taken to the road to make the case that the office market is about to see better days.
Hotels on vacation favorite Mackinac Island get $270 million refinancing
A Morgan Stanley loan is expected to cover the historic Grand Hotel and its record-long porch.
Looking for community in San Francisco? Join the club.
Cities around the country are seeing the rise of a new brand of private social venues as a growing U.S. hospitality niche.
Blackstone secures lenders for nearly $3 billion in portfolio refinancings
Three bond deals are expected on the commercial mortgage-backed securities market in the coming weeks.
Daily Roundup
New home sales rise; Tariff policies weigh on travel to US; Jobless claims decline
Here’s what you need to know to start your day.
Featured
Hospitality
Market standouts include Detroit, Chicago and PGA Championship host Charlotte
Hospitality
CoStar Economy
CoStar Economy
Analytics
American consumers show caution as tariff talk heats up
Analytics
CoStar Insight
CoStar Insight
Analytics
A few new occupier behaviors characterize emerging balance in office market
Analytics
Market Moves
Market Moves
Finance
Here’s a Live Overview of What’s Happening in the Market Today
Finance
Impact Awards
Impact Awards
Top News
Industry pros pick work that had a major impact on their markets
Top News
Featured
Featured
Office
New music venue, offices and restaurants drive interest in changing part of Virginia capital
Office
CoStar Insight
CoStar Insight
Analytics
New projects to come on line in downtown Miami, Brickell Key
Analytics
CoStar Insight
CoStar Insight
Analytics
Healthy demand and limited new supply bode well for landlords
Analytics
CoStar Insight
CoStar Insight
Analytics
Just because retail space is tight doesn't mean retailers are less selective when it comes to new locations
Analytics
International News
United States
'This correction is very, very different': Executives say shifting public policy muddies the investment waters.
United States
Germany
The 'war for talent' is driving the need for attractive workplaces
Germany
United Kingdom
Sentiment towards the previously unpopular sector continues to improve on this side of the Atlantic
United Kingdom
Iran
International visitor arrivals to Iran are rising, but obstacles to recovery remain
Iran
United States
Tariff uncertainty has logistics executives bracing for more volatility as demand falls
United States
United States
Brightline reaches deal with shared office space provider Industrious
United States
United Kingdom
Global fashion icon signs 10-year lease at former Ted Baker unit on Regent Street
United Kingdom
United Kingdom
US industrial investor has queried value attached to Crewe Radway Green site
United Kingdom
Exclusive
Exclusive
United States
Flexible office provider is hunting for new flagship location in New York
United States
United Kingdom
CoStar index shows central London offices, retail warehouses and Scottish hotels among the best relative performers
United Kingdom
France
Fund targeting UK and major European markets
France
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