SL Green rides wave of improving New York office market
Tech tenant deals help drive momentum toward meeting 2025 leasing goal
The rebound in New York’s office market is showing no signs of letting up, based on a quarterly update from SL Green Realty, Manhattan’s largest office landlord. The return of tech...
Starwood Property Trust to buy Brookfield net-lease firm for $2.2 billion
Purchase is part of move to diversify beyond commercial real estate lending
Billionaire investor Barry Sternlicht’s Starwood Property Trust has agreed to buy a real estate firm for $2.2 billion as it expands beyond commercial lending, according to a statem...
Frank Gehry-designed IAC Building in New York has office space available for first time
Building was famed architect’s debut Manhattan commercial project
Office space at billionaire media mogul Barry Diller’s IAC Building in New York has become available to outside tenants for the first time.
New York City Council rejects Bally’s $4 billion Bronx casino bid
Project was called the borough’s ‘single largest private development’
Just weeks after eight groups of developers and casino operators officially submitted applications to vie for a commercial casino license in and around New York City, one contender...
Convene to open event venue in Manhattan’s SoHo
Flexible workspace provider signs new lease at Scholastic Building
Convene, an upscale events hosting and flexible workplace provider, is opening a location at the Scholastic Building in Manhattan’s SoHo neighborhood.
Empire State Realty Trust names CEO’s son to its board
Malkin family’s ties to New York real estate span generations
Empire State Realty Trust has named Chief Executive Anthony Malkin’s son George Malkin to its board.
Longtime JLL broker joins Cushman & Wakefield as Manhattan office leasing surges
New York-based Randy Abend has represented clients including Microsoft, Oracle
Cushman & Wakefield has hired a longtime JLL broker who has represented a who’s who list of clients in more than 9 million square feet of office deals in New York.
Think tank to move a block north from longtime Manhattan home
Conference Board’s new landlord is billionaire Eyal Ofer’s Global Holdings
Global think tank The Conference Board is leaving its longtime home for a building owned by billionaire Eyal Ofer's Global Holdings just a block north.
Joint venture buys downtown Brooklyn rental property for $209.5 million
Market asking rent has jumped to record high
Residential developer Fetner and two partners have bought a newly completed apartment building in the Fort Greene neighborhood just east of downtown Brooklyn for $209.5 million. Th...
Vornado lands $450 million refinancing loan for Apple-anchored Manhattan building
Property sits across street from Penn Station
Vornado Realty Trust, fresh from landing a $450 million refinancing loan for a high-profile Times Square property, has secured another financing package of the same amount for anot...
CBRE lands exclusive gig for major office portfolio in Manhattan’s Hudson Square
Leasing assignment includes 13 buildings spanning 6 million square feet
CBRE has been selected as the exclusive marketing agent for a 13-building portfolio in Manhattan’s Hudson Square neighborhood, where corporate giants, including Google and Disney, ...
Blackstone seeks to sell Shops at Skyview mall in New York’s Flushing
Expected $450 million price would make it one of largest US retail deals post-pandemic
Blackstone has put up for sale a popular shopping mall in New York’s Flushing neighborhood for what could become one of the largest retail transactions in the United States since t...
Former Barneys store in New York’s Chelsea area to get turned into apartments
Planned conversion project taps city’s new 467-m tax incentive program
The former Barneys New York clothing store in New York's Chelsea neighborhood is set to be turned into a mixed-use space with 44 units of rental housing.
WeWork unveils global marketing campaign a year after exiting bankruptcy
Flexible office provider targets potential clients in the Americas, Europe and Asia
Global flexible workplace provider WeWork, more than 12 months after it exited Chapter 11 bankruptcy, has unveiled a new global marketing campaign as hybrid work popularized in the...
US Soccer Federation to open satellite office at Manhattan tower
Lease comes ahead of World Cup tournament next year
The U.S. Soccer Federation, the sport's official governing body in the United States, is setting up a satellite office at a high-profile Manhattan tower ahead of the World Cup tour...
Mott MacDonald expands Manhattan office footprint to Empire State Building
UK-based engineering firm will keep existing New York space
Mott MacDonald, an engineering, development and management consultancy, has signed a full-floor lease at Manhattan’s iconic Empire State Building.
WeWork signs lease at lower Manhattan building opposite City Hall
Deal at 250 Broadway is part of ‘new era of strategic growth,’ CEO says
WeWork has signed a lease at a renovated lower Manhattan building across from New York City Hall as it expands its footprint to meet the growing demand for well-located, new or ren...
BlackRock to buy industrial real estate firm ElmTree
Move comes as world’s largest asset manager seeks investment diversification
BlackRock, the world’s largest asset manager, agreed to buy single-tenant, build-to-suit property investor ElmTree Funds as part of an effort to offer clients more access to privat...
Tishman Speyer lands $385 million CMBS loan for Park Avenue property
Consumer products giant Colgate-Palmolive is Manhattan building’s largest tenant
Tishman Speyer has landed $385 million in refinancing loans backed by the Colgate-Palmolive office building on Manhattan’s Park Avenue.
CBRE names industry veteran to new position as head of New York retail
Michael Taxin was most recently with Cushman & Wakefield
CBRE has named industry veteran Michael Taxin to oversee its New York retail business as the sector has shown solid signs of recovery from the damages of the pandemic.