Tom Ford office lease fills up SL Green building on Manhattan’s Park Avenue
Luxury label to relocate from nearby location
Luxury fashion label Tom Ford is relocating its Manhattan office to one of SL Green Realty’s properties on the corporate-headquarters-heavy Park Avenue.
Major Brooklyn project under new ownership taps Bjarke Ingels as design architect
Firm unveils new look for 27-story rental property
Bjarke Ingels Group has been tapped as the design architect for a 1,000-plus-unit residential project in Brooklyn’s Gowanus neighborhood under new ownership.
Samsung doubles office footprint at Vornado’s Penn 1 in Manhattan
Asking rent at expanded space lists at $110 per square foot, CoStar data shows
Korean electronics giant Samsung has doubled its Manhattan office footprint at Vornado Realty Trust’s Penn 1 with direct access to the Penn Station transit hub.
Manhattan’s tech office leasing signals best annual start since 2000
Sector’s ‘revitalization’ is being fueled by rise of artificial intelligence, CBRE says
Tech office leasing in New York, after closing its best post-pandemic year in 2024, has hit another milestone: Year-to-date deals in Manhattan have reached their highest level sinc...
SoftBank-backed market data firm plans relocation to Manhattan’s Hudson Yards
Office lease comes as AlphaSense has expanded its global presence
AlphaSense, a data analysis firm backed by major investors including SoftBank, is relocating its global headquarters to the Hudson Yards neighborhood in New York.
Related’s 70 Hudson Yards office tower begins excavation work
Project features consulting giant Deloitte as anchor tenant
Related Companies has begun excavation work for a million-plus-square-foot office tower at Hudson Yards, the largest U.S. private development, on the far west side of Manhattan.
New York’s hotel industry fears ‘onerous’ impact of new law
Executives express concern other cities may follow labor requirement
A newly implemented law in New York is causing concern in the hotel industry over its potential impact, with executives this week calling the Safe Hotels Act both “devastating” and...
Tishman Speyer makes first New York office purchase since 2019
Developer acquires 12-story boutique building in Manhattan’s SoHo
Global developer Tishman Speyer, owner of a portfolio including the iconic Rockefeller Center in Manhattan, has bought its first New York office building since 2019 in a sign the m...
New York’s Port Authority Bus Terminal begins $10 billion makeover
Property is billed as world’s busiest bus station
Midtown Manhattan’s Port Authority Bus Terminal, a major gateway to the city that's often described as an eyesore, has officially begun its $10 billion makeover after years of del...
New York’s Time Equities returns to apartment shopping in home market
Firm makes multifamily acquisition for first time in more than a decade
Time Equities, a privately held real estate firm founded in New York in 1966, is returning to shopping multifamily properties in its home market.
New York OKs plan for 4,600 housing units in central Brooklyn
Rezoning aims to transform traditionally industrial area
As New York struggles with one of the country’s tightest housing shortages, the city is set to move ahead with a plan to build about 4,600 housing units in central Brooklyn and tra...
Silverstein’s Manhattan casino bid now includes just one tower
Developer moves proposed housing units off-site
Silverstein Properties and its gaming partners have updated a proposed plan for a mixed-use casino and hotel complex on the far west side of Manhattan.
‘Nobody wants to swim with their coworkers’: When outdated amenities have to go
Landlords replace perks including a pool and an old-school boardroom to lure tenants
While downtown U.S. offices are fuller these days, some landlords are not only still racing to install appealing features to help lure and keep tenants, they are also doing away wi...
Times Square’s residential makeover expands with office-to-apartments approval
State takes next step in making tourism-and-entertainment hub a livable domain
New York's tourism-and-entertainment hub of Times Square is moving closer to becoming a place to live as much as to play. The state approved a plan to turn the former home of accou...
Three tenants renew leases at Manhattan’s Seagram Building
Deals come as study finds market lease terms have topped pre-pandemic averages
A trio of high-profile tenants has renewed leases at Manhattan’s Seagram Building as a fresh study shows Manhattan deal terms are topping pre-pandemic averages.
New York to spend over $400 million to upgrade priciest US shopping corridor
Expected Fifth Avenue investment more than doubles initial amount
New York, in its bid to give Manhattan’s iconic Fifth Avenue its first major makeover in its 200 years, plans to spend over $400 million to make the famed stretch rival Paris’ Cham...
Silverstein’s NYC casino proposal adds new partner
Rush Street Gaming’s Neil Bluhm has led projects in Boston, Chicago and Los Angeles
While three developers have abandoned their bids for one of New York’s coveted gaming licenses, Silverstein Properties is moving ahead and adding another gaming partner.
With stock lagging, office landlord Paramount Group explores strategic alternatives
Company owns top-tier properties in New York and San Francisco
Paramount Group, the owner of Class A office properties in New York and San Francisco, is exploring strategic alternatives, which analysts said could include a sale.
Related, Oxford, Wynn Resorts drop Manhattan casino bid at Hudson Yards
Revised plan includes building up to 4,000 apartments
Developers Related Cos. and Oxford Properties, along with their casino resort partner Wynn Resorts, have abandoned their high-profile plan to build a casino resort on the western h...
Savills tapped to sell New York City's iconic Chrysler Building
Land owner Cooper Union took control of landmark after court ruling
The future of New York City's art deco icon the Chrysler Building is in the spotlight again after its land owner hired a brokerage to sell the property.