New York’s mayor-elect to keep police commissioner, calming some real estate fears
Industry leaders welcome move by Mamdani, say public safety important to rebound
New York Police Commissioner Jessica Tisch is remaining as the top cop of the largest U.S. city as public safety remains a top concern for New Yorkers and the real estate industry.
Japan’s Mori Trust buys part of Hudson Yards tower in New York
Investment firm acquires mixed-use space including Equinox-branded hotel, fitness club
Japan’s Mori Trust has acquired the lower half of a mixed-use tower in Manhattan’s Hudson Yards — the largest U.S. private real estate development — that includes the world’s first...
GFI Group inks one of lower Manhattan’s largest office leases this year
Financial firm to consolidate footprint from a building nearby
Financial services firm GFI Group has signed one of lower Manhattan’s largest office leases this year as it consolidates its office footprint from another building nearby.
Office building overlooking New York's Central Park is fully leased
SL Green-owned tower signs electrical contractor Electra USA
Electrical contractor Electra USA, involved with projects including Manhattan’s One World Trade Center and Madison Square Garden, is relocating its Manhattan home.
AI lending firm Upstart to open its first New York office in renovated Midtown South tower
Deal is among latest to show city’s tech leasing demand
Artificial intelligence-powered lending marketplace Upstart is opening a New York office in billionaire investor Eyal Ofer’s renovated Midtown South tower.
This fast-growing New York City neighborhood is about to get even bigger
City Council approves plan to add about 14,700 apartments to Long Island City, Queens
Long Island City, just across the East River from Manhattan in New York, is set to add nearly 15,000 apartments to a neighborhood that’s already one of the city’s fastest growing.
Manhattan tower by Central Park secures $190 million refinancing
JPMorgan, Sumitomo Mitsui Trust provide loan
Billionaire investor Eyal Ofer’s Global Holdings has completed a $190 million refinancing loan for its luxury Manhattan apartment building just steps to Central Park.
Luxury hair care label Moroccanoil to relocate its New York headquarters
Office tenant joins landlord SL Green’s roster at midtown tower
Luxury hair and body care label Moroccanoil is moving its New York headquarters to a midtown tower owned by SL Green Realty, Manhattan’s largest office landlord.
These two Manhattan office buildings are set to bear the brunt of Amazon’s New York layoffs
Tech giant plans 660 job cuts in city, documents show, part of 14,000 reductions globally
New York, where Amazon has been rapidly expanding its real estate, isn’t being spared from 14,000 corporate job cuts planned by the tech giant globally.
Luxury Manhattan apartment tower planned opposite Empire State Building
Ground-up proposal includes 95 units
Manhattan’s iconic Empire State Building is set to get a new neighbor: a luxury apartment tower directly across the street.
Brookfield posts record fundraising, sees ‘strong momentum’ in real estate
It’s a ‘good environment’ for both buying and selling, CEO Bruce Flatt says
Global alternative asset manager Brookfield Asset Management posted a record $30 billion fundraising haul and third-quarter profit as it saw a market prime for both buying and sell...
Manhattan’s One Madison redevelopment approaches full leasing
Sigma Computing expands footprint at building
SL Green Realty’s top-tier One Madison Avenue is approaching fully leased status more than two years after its redevelopment was completed.
Robinhood, Dick’s Sporting Goods to open New York offices above Penn Station
Renovated Penn 2 tower is on track to top its year-end leasing goal of 80%
Vornado Realty Trust’s Penn 2 tower above Manhattan’s Penn Station is on a roll in a sign of tenant demand for top-tier properties.
Here’s what real estate pros say now about New York’s next mayor
In span of less than 24 hours, reactions range from cutting investments to offering help
Real estate executives said they are trying to find the best steps forward under a new political reality: Zohran Mamdani, a democratic socialist, is now mayor-elect of New York Cit...
New York elects Mamdani as next mayor
Democratic socialist known for riling up the real estate industry defeats Cuomo, Sliwa
Zohran Mamdani, a state assemblyman whose policies unsettled the real estate industry and were criticized as risking harm to New York’s status as a global financial hub, has been e...
New York’s top-tier office market is back in landlords’ hands, Vornado CEO says
Leasing is on pace to surpass level not seen since 2019, according to Colliers
Landlords are regaining leverage in New York’s premium office market, according to Vornado Chief Executive Steven Roth, as surging demand for top-tier Manhattan space collides with...
RXR sells stake in Manhattan HQ to hedge fund Farallon
Firm’s office building is part of iconic Rockefeller Center complex
RXR Realty has sold a stake in its New York headquarters building to San Francisco-based hedge fund Farallon Capital Management.
This New York pop-up shop has Intel inside
Retail lease offers rare chance of high foot traffic and low rent, broker says
Chipmaker Intel has a new Manhattan pop-up shop at a location that perhaps packs the best of both worlds: high foot traffic and rent at a discount against what it would have to she...
New York’s biggest neighborhood-specific housing plan in 25 years clears major hurdle
Proposal would create nearly 15,000 apartments in Long Island City, Queens
New York’s Long Island City, already proven to be a popular residential neighborhood just across the East River from Manhattan, is closer to seeing the addition of nearly 15,000 ap...
AmTrustRe to buy midtown Manhattan office tower for $217 million
Real estate developer plans to overhaul property that’s only about two-thirds leased
Real estate developer and investment firm AmTrustRe is buying a midtown Manhattan office tower nearby Grand Central Terminal but only about two-thirds leased.