Manhattan office conversion to begin, spurred by plan to boost housing
New York real estate heavyweights buy mostly vacant building for $25 million
Midtown Manhattan has landed an office-to-residential conversion project in the wake of a newly approved rezoning plan that seeks to encourage more housing.
Four questions to a workplace expert: Here’s what the future may bring
Annie Dean joined CBRE to lead rethink on offices
The pandemic-led hybrid work pattern has reshaped the office market and led to both landlords and employers soul-searching on the kind of environment that will resonate with employ...
New York City business advocacy group looks to New Jersey for next leader
Influential nonprofit chooses Jersey City Mayor Fulop following extensive search
The Partnership for New York City, a high-profile business advocacy group, has named outgoing Jersey City, New Jersey, Mayor Steven Fulop as its next head. The move comes as the la...
Terminal Warehouse, one of New York’s largest adaptive reuse projects, lands first tenant
Brookfield-backed Convene Hospitality to open upscale events venue
New York’s growing event venue scene for award galas, weddings and conferences is set to get more competitive.
Sotheby’s sells its longtime New York home to Weill Cornell Medicine for $510 million
Auction house to lease back some floors of Upper East Side building
Luxury auction house Sotheby’s has sold its longtime Manhattan headquarters in a $510 million deal that ranks as one of the largest in New York this year.
Startup Bilt to more than triple its New York HQ footprint
Firm’s valuation nears $11 billion after latest funding round
Bilt, the loyalty rewards company that allows renters to earn rewards on rent payments, is more than tripling its Manhattan headquarters footprint after a recent funding round that...
Ikea to open store in the heart of Manhattan’s SoHo
Swedish retailer’s parent company buys building for $213 million
Ikea is set to open a store in the heart of Manhattan’s SoHo shopping district, where the Swedish furniture retailer says over 12.2 million people visit annually.
Trump administration freezes $18 billion for New York infrastructure projects
Funding is tied to Hudson rail tunnel overhaul, Second Avenue subway extension
The federal government has put on hold some $18 billion in New York infrastructure projects tied to the Hudson River rail tunnel upgrade and Second Avenue subway extension as it re...
Queens pulls ahead in high-stakes competition for New York casino
Billionaire Steve Cohen’s project gets unanimous support, doubling borough’s chances
Queens is emerging as a front-runner in the high-stakes race for a coveted New York casino license.
Longtime Cushman & Wakefield executive joins Cresa as firm sees ‘major opportunity’ in New York
Aron Schreier’s job involves building company’s position, mentoring its emerging brokers
Veteran New York broker Aron Schreier has joined tenant-focused real estate services firm Cresa.
Coney Island casino bid dies after Bally’s Bronx gaming project advances in New York
Thor Equities’ $3.4 billion proposal meets rejection, as did Manhattan bids for licenses
With one more vote coming up Tuesday, so far New York's competition for as many as three casino licenses has narrowed to three gaming proposals in the Bronx, Queens and suburban Yo...
JLL team wins CoreNet NYC's Deal of the Year for 'unique' office transaction
Real estate services firm helped secure Greek yogurt giant Chobani's headquarters lease
A JLL team won the CoreNet Global New York chapter's Deal of the Year award for helping to secure a headquarters lease for Greek yogurt giant Chobani.
Bally’s Bronx casino bid wins local panel support
5-1 vote advances New York City project to next round
Bally's proposed Bronx casino resort, billed as the largest single private development in the New York borough, is closer to becoming a reality.
New York casino bids advance for Resorts World in Queens, MGM Empire City in Yonkers
Two projects seeking state gaming license win unanimous committee approvals
The New York City area’s two existing casinos, which got their starts more than a century ago as horse racing tracks, are closer to becoming full-fledged gaming and entertainment r...
MGM Resorts clears hurdle for casino license in Yonkers, New York
Five-member committee votes unanimously in favor of expanding Empire City Casino
MGM Resorts International’s $2.3 billion bid to transform the historic Empire City Casino in the New York City suburb of Yonkers into a full-fledged commercial casino and entertain...
Brookfield signs 50-year ground-lease extension in lower Manhattan
Updated deal terms for Brookfield Place to yield $1.5 billion for city, affordable housing development
A massive mixed-use complex across from the World Trade Center campus in New York City has scored a new ground-lease agreement, securing a stream of rent payments for additional de...
RXR debuts multibillion-dollar investment venture targeting top-tier New York office properties
Firm has invested in prominent buildings including 590 Madison
RXR Realty, having recently added several prominent top-tier Manhattan office properties to its portfolio, is set to make its trophy collection even bigger.
Italian luxury brand Moorer to open its first US store in New York’s Meatpacking District
Retail neighbors include upscale labels from Hermès to Gucci
Italian luxury outerwear and apparel label Moorer is opening its first U.S. store in Manhattan’s Meatpacking District.
Empire State Realty’s longtime real estate chief Durels plans exit
Responsibilities to be shared by two new executives
Thomas Durels, the longtime real estate chief at Empire State Realty Trust, is leaving the parent of Manhattan's iconic Empire State Building.
Redevelopment of New York’s Brooklyn Marine Terminal sails forward
Plan aims to create $3.5 billion mixed-use hub in Red Hook neighborhood
A $3.5 billion plan to redevelop the Brooklyn Marine Terminal in New York has cleared a major hurdle, paving the way for a 122-acre area along the waterfront to be transformed into...