Manhattan tower redrawing skyline adds another office tenant
Texas Capital signs lease at Rabina’s 1,002-foot-tall Fifth Avenue project
A mixed-use development set to become the second-tallest tower on Manhattan’s Fifth Avenue after the Empire State Building has landed another office tenant, joining a list that inc...
Brooklyn residential development site trades hands
Property is near Prospect Park and Brooklyn Botanical Garden
A residential development site in a Brooklyn neighborhood with just a 1% rental vacancy rate has been sold.
New York tower counting Amazon, JPMorgan as tenants lands $1.25 billion refinancing
Brookfield-owned building on Manhattan’s far west side is fully leased
As New York leads the U.S. office market in its recovery from the pandemic, another office property has secured a billion-dollar-plus refinancing loan.
Office landlord Paramount agrees to Rithm Capital’s $1.6 billion buyout offer
REIT owns top-tier properties in New York, San Francisco
Landlord Paramount Group, the owner of Class A office properties in New York and San Francisco, agreed to sell itself to alternative asset manager Rithm Capital for $1.6 billion in...
Manhattan’s chance at winning a casino gets slimmer
Review committees vote down separate proposals from SL Green, Silverstein
The respective multibillion-dollar Manhattan casino dreams of SL Green Realty and Silverstein Properties were dealt fatal blows as the high-stakes competition for a coveted New Yor...
BNY subleases One World Trade Center space from Condé Nast
Financial services giant is renovating its headquarters
Financial services giant BNY has sublet four floors of space from Vogue parent Condé Nast at lower Manhattan’s iconic One World Trade Center.
Creative agency R/GA to relocate global headquarters in New York
Firm signs lease for custom full-floor Manhattan space
Creative agency R/GA, newly independent from marketing and advertising giant IPG, is relocating its global headquarters to Manhattan from Brooklyn.
‘Friends’-inspired Central Perk to pour real-life brew in Times Square
New York location comes after Boston shop opening last year
Central Perk Coffeehouse, inspired by the hangout on the TV series "Friends," is opening its first New York location in Times Square. Visitors can pretend to be Ross, Rachel, Monic...
SL Green lands $1.4 billion refinance for near-century-old Manhattan office property
Building houses major tenants including UBS, Sony and Jim Beam whiskey parent Suntory
SL Green Realty, Manhattan’s largest office landlord, and its partner PGIM, the investment management arm of Prudential Financial, have landed a $1.4 billion loan to refinance a fu...
Fashion fast track: Rag & Bone debuts label at nation’s busiest train station
Retailer's ‘loungewear-meets-denim’ New York shop shows evolution of commuter hubs
At Manhattan’s Moynihan Train Hall, visitors can pick up a cup of Blue Bottle Coffee or an Alidoro Italian sandwich. They can buy a Moleskine notebook or fresh flowers. And now the...
Seaport Entertainment Group names new CEO
Firm was spun off from Howard Hughes last year
Seaport Entertainment Group, whose portfolio is anchored by retail, restaurant and entertainment venues in lower Manhattan’s Seaport neighborhood, has promoted its finance chief as...
CBRE hires former Facebook executive to lead rethink on offices
Annie Dean seeks to make workplaces more human
As companies install stricter in-office rules and seek to spruce up their workplaces, real estate services giant CBRE has hired a former Facebook executive to help them design and ...
New Yorkers to vote on housing-related issues this fall
Board of Elections rejects City Council’s request to keep measures off ballots
New Yorkers heading to the polls this November will get a say not just on the next mayor of the largest U.S. city; they also will have a chance to vote on three housing-related bal...
BXP cuts dividend to help fund projects including Manhattan trophy tower
Developer has begun construction of 343 Madison with direct access to Grand Central
Office developer BXP is cutting its dividend by about 30% to help fund development projects including a $2 billion Manhattan trophy officer tower linked directly to the Grand Centr...
Naftali makes Manhattan’s biggest multifamily purchase in more than three years
JPMorgan, GoldenTree provide $675 million in financing on New York deal
Global developer Naftali Group has closed its purchase of a luxury apartment tower just across Fifth Avenue from New York City's Central Park for what CoStar data shows to be $810 ...
New York approves plan that could dramatically change midtown Manhattan
City clears path to add over 9,500 housing units in 42-block area south of Times Square
Manhattan’s Garment District and other nearby neighborhoods just south of Times Square are on their way to potentially having dramatic makeovers after the New York City Council app...
RXR buys former IBM Building in New York for $1.08 billion
Transaction is Manhattan’s largest office deal since 2022, CoStar data shows
The real estate investment firm RXR has closed on Manhattan’s biggest office purchase in at least three years, spending $1.08 billion.
Cushman & Wakefield, Piper Sandler to move New York offices in growing corporate relocations
2024 saw national jump in headquarter moves, CBRE says
In the latest evidence of New York’s bustling office leasing activity, real estate services firm Cushman & Wakefield and investment bank Piper Sandler have signed some of the large...
New York’s office foot traffic tops pre-pandemic level
City hits milestone as firms have implemented stricter attendance rules, study says
In a telling sign that employers’ stricter in-office mandates are paying dividends, New York office foot traffic in July topped the pre-pandemic level, a new study found.
Empty Brooklyn office tower to become mixed-use building under new owners
In pivot, 2-year-old building will accommodate more than 200 apartments
A vacant downtown Brooklyn office project that opened in 2023 is being turned into a mixed-use office and residential building.