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.
Brookfield completes another billion-dollar New York office refinancing deal
Biggest US CMBS office loans this year have all taken place in Manhattan
Top-tier office properties have not only led New York’s office market rebound, they are increasingly getting lenders to say yes when it comes to financing deals over a billion doll...
Rolex makes move into trendy New York neighborhood having a time with luxury
Swiss watchmaker joins high-end labels in changing Brooklyn corridor
Swiss watchmaker Rolex is opening a shop in the Williamsburg neighborhood of Brooklyn in another sign of the hip residential enclave’s transformation to become a major New York lux...
KKR-owned communications firm FGS Global to move New York HQ above Penn Station
Corporate consultant signs office lease for two floors at redeveloped Vornado tower
FGS Global, a communications and public affairs consultancy firm owned by private equity giant KKR after an acquisition last year, is relocating its New York headquarters across to...
How would New York real estate look with Mayor Mamdani? These cities may offer clues.
Some markets show campaign promises don’t necessarily mean progressive property policies
Zohran Mamdani is the clear front-runner to become the next mayor of New York City, creating what a number of real estate investors and business leaders view as an existential cris...
Beyond sushi: Upscale Japanese eatery lands in one of world’s busiest spots
Sora signs lease for omakase-style concept near New York’s Grand Central transit hub
A high-end Japanese restaurant is coming to a New York neighborhood with daily foot traffic from commuters and office workers. It’s planned for an office tower with direct access t...
Most New Yorkers support three housing-related ballot proposals, survey finds
One measure seeks to create board that could reverse City Council decisions
As New York contends with record-low apartment vacancy and a supply shortage that’s sent market rents to record highs, a new poll found the majority of New Yorkers back three affor...
Green Street more than doubles New York office footprint
Analytics firm stays at renovated Manhattan tower approaching full occupancy
Green Street Advisors, a commercial real estate data and market analytics firm, has more than doubled its Manhattan office footprint at a renovated tower right across from the Gran...
Hotel ground lease cited as billion-dollar opportunity goes up for sale near New York’s Hudson Yards
Property could be redeveloped to maximize value, offering memo says
A ground lease tied to a 105-key boutique New York City hotel that’s about equal distance to both the tourist-and-entertainment hub of Times Square and Hudson Yards, the largest U....
Why Blackstone says the ‘deal dam’ is breaking
With borrowing costs falling, private equity giant sees more transactions
Private equity giant Blackstone posted a nearly 50 percent jump in a closely watched profit measure, buoyed by sales of its investments as interest rates ease and dealmaking picks ...
This top-grossing Taiwanese restaurant chain is expanding with second East Coast location
Michelin-starred Din Tai Fung signs lease in Brooklyn, New York
Din Tai Fung, a Michelin-starred global eatery from Taiwan, is opening its second East Coast location, also in New York, after its sales receipts were said to make it the highest-g...
Vanbarton lands $280 million New York loan involving conversion of former WeWork space
Developer’s project created two luxury apartment properties in single building
Real estate investment firm Vanbarton Group, known for its know-how in office-to-residential conversion projects, has landed a $280 million refinancing for two midtown Manhattan lu...
Industrious expands into historic Manhattan building known for its street art
Flexible workspace provider signs lease for entire office space
Industrious, a flexible workspace provider bought by real estate services firm CBRE this year, is expanding its Manhattan footprint for the first time to a part of town known for i...
CBRE, Cushman, JLL, Newmark recognized for work on Manhattan corridor
Firms take home Avenue of the Americas Association’s Gold Key Award
Real estate firms CBRE, Cushman & Wakefield, JLL and Newmark and their brokers were recognized last week for helping to shape and sustain Avenue of the Americas in midtown Manhatta...
SL Green's hope for Times Square casino isn’t ‘completely dead’ yet, CEO says
REIT insists outcome is unknown, even after its proposal failed to clear major hurdle
SL Green Realty CEO Marc Holliday says not to count out the possibility of a casino rising in New York’s entertainment and tourist hub of Times Square, despite his company's bid be...
Why New York City’s mayoral front-runner rattles the commercial real estate industry
From rent freeze to higher taxes, Zohran Mamdani challenges industry norms
The meteoric rise of a little-known state assemblyman, Zohran Mamdani, who staged an upset victory in the Democratic primary to become New York City's mayoral frontrunner, has sent...
The Dominick hotel in Manhattan’s SoHo sells for $175 million
Buyer Cain to rebrand hospitality property as Delano SoHo New York
Investment management firm Cain, whose hospitality properties include the Delano Miami Beach hotel in Florida, is set to open New York’s first Delano in Manhattan’s SoHo.
SL Green to buy Park Avenue Tower in New York from Blackstone for $730 million
Surrounding office corridor vacancy rate falls below 6%, firm says
SL Green, Manhattan’s largest office landlord, is adding to its collection in the corporate-headquarters-heavy Park Avenue office corridor of New York City, an area where SL Green ...
MGM Resorts drops its $2.3 billion bid for New York casino license
Decision comes just weeks after gaming and entertainment giant’s bid secured crucial local support
MGM Resorts International, the global gaming and entertainment giant, discarded its $2.3 billion bid for a coveted state casino license in the New York suburb of Yonkers, saying it...