New York’s upscale supermarket chain Morton Williams gets new owner
ShopRite parent Wakefern bills itself as largest US retailer-owned cooperative
New York’s upscale family-owned supermarket chain Morton Williams is selling itself to Wakefern Food Corp., billed as the largest U.S. retailer-owned cooperative, which also owns o...
Celebrity-favorite hotel in Manhattan’s Tribeca has new owners
Republic Investment, Capstone plan upgrades
A 100-key boutique hotel that’s said to have counted among celebrity guests members of the Kardashian family has been sold.
More companies say they're tracking office attendance
Lack of in-office policy, enforcement are biggest obstacles to fuller workspaces, CBRE poll finds
More U.S. employers are tracking how many days employees are in the office as the pandemic-driven hybrid work pattern settles into a new normal.
Manhattan office tower completes $900 million refinancing
Midtown building has leased occupancy of over 97%
A top-tier office tower with nearly full leased occupancy has completed a $900 million refinancing loan.
Office tower on Manhattan’s Billionaires’ Row to become apartments
Project seeks to tap state tax incentive program that encourages conversions
A 32-story office tower on Manhattan’s Billionaires’ Row is set to be converted to a residential property as the city contends with below-average housing vacancy rates and record-h...
Midtown Manhattan housing plan clears hurdle
City wants to add close to 10,000 units south of Times Square
New York’s bid to add close to 10,000 housing units in Manhattan’s Garment District and nearby blocks has moved another step closer to reality.
WeWork signs second New York lease in a month
Move shows city coworking demand, CEO Santora says
WeWork, more than a year after exiting bankruptcy protection, has signed its second Manhattan office lease in a month’s time — the latest sign the company's hometown is a key part ...
Vornado is open to selling iconic properties in San Francisco and Chicago
Nothing in portfolio is ‘sacred,’ CEO Roth says
New York developer Vornado Realty Trust is open to parting with two high-profile properties in San Francisco and Chicago, the last two it owns outside New York, as Chief Executive ...
Durst lands $1.3 billion refinancing for high-profile Times Square property
TikTok is largest tenant at 1.8 million-square-foot Manhattan tower
The Durst Organization, one of New York’s largest privately owned real estate companies, has landed a $1.3 billion loan for a trophy Times Square office and retail tower.
Savills buys relocation businesses to expand services
Rivals including CBRE have also been diversifying their offerings
Tenant-focused real estate services firm Savills has bought two companies tied to helping North American corporate clients move offices, deals that come as traditional brokerages d...
Ashkenazy buys open-air shopping center in Queens, New York
Real estate investment firm plans to overhaul property
Private real estate investment firm Ashkenazy Acquisition Corp. has bought and plans to upgrade an open-air shopping center in New York’s Queens, continuing its strategy of buying ...
From more guards to AI weapon detection devices, office landlords respond to New York tower shooting
Building owners consider enhanced workplace security in wake of workplace killings
More guards are prowling RXR Realty office buildings in New York. Landlord KPG Funds is having talks with an Israeli-based artificial intelligence firm for workplace weapons survei...
Bally’s $4 billion New York casino bid is back in play
Mayor Eric Adams vetoes City Council’s recent rejection
A $4 billion Bally’s hotel and casino resort bid is back in business after getting a lifeline from New York Mayor Eric Adams.
BXP begins vertical construction of Manhattan trophy tower
Project lands anchor tenant as brand-new buildings have become rare
Office developer BXP has begun the full vertical construction of a trophy office tower with direct access to Manhattan’s Grand Central transit hub after having landed an anchor ten...
Verizon signs HQ lease at Vornado’s Penn 2 tower in Manhattan
Space above Penn Station to house about 1,000 corporate employees
Telecommunications giant Verizon is moving its headquarters to Vornado Realty Trust’s newly redeveloped Penn 2 trophy tower directly above Manhattan’s Penn Station. The relocation ...
Brookfield lands refinancing for high-profile Manhattan retail property
Fifth Avenue building counts luxury labels Bulgari, Chanel among tenants
Brookfield has landed a $601 million refinancing for a prominent Manhattan retail property counting a who’s who list of luxury labels among tenants.
New construction in New York state must be all-electric, starting next year
Rule change doesn’t affect existing buildings
New York state’s move to ban gas stoves, heaters and other fossil fuel appliances and equipment for new residential and other buildings is set to begin in phases by the end of the ...
JPMorgan unit buys Manhattan rental property for $243.5 million
Barings sells recently renovated west side tower
Barings, a global asset management firm with about $450 billion in assets under management, has sold an apartment property on Manhattan’s far west side to a unit of JPMorgan Chase ...
Manhattan tower redrawing skyline attracts office tenants
Panera Bread, Krispy Kreme owner signs deal for its ‘first significant’ New York space
A mixed-use development set to become the second-tallest tower on Manhattan’s Fifth Avenue after the Empire State Building has landed its first office tenants that include JAB Hold...
Why Blackstone sees real estate recovery picking up speed
Private equity giant attracts $7.2 billion in second-quarter new capital, $1 billion more than first quarter
Private equity giant Blackstone, the world’s largest commercial property owner, sees a real estate recovery picking up after elevated interest rates, pandemic-sparked office market...