New York City
New York’s high-stakes casino competition shifts into high gear as deadline loomsBids, some running hundreds of pages from investor groups, are expected to be submitted by Friday afternoon.
Here's where the new front-runner for New York City mayor stands on real estate issuesNew York State Assemblyman Zohran Mamdani claimed an upset victory in the Democratic primary, drawing attention to his property policies.
Less, but better: Inside URW’s US mall strategyThe global retail property giant is touting its best-performing real estate after winnowing its portfolio.
Scholastic considers sale of its Manhattan headquarters for financial boostThe publisher of the “Harry Potter” books said it tapped Newmark to identify partners for a potential sale-leaseback transaction.
Tech office leasing rebounds nationally, fueled by AI demandBeyond the Bay Area, New York, Seattle and Boston are seeing a boost.
Another Park Avenue tower in Manhattan filling upA global technology investment adviser inks 10-year lease at 450 Park Ave.
Former HSBC building in Manhattan nears full occupancy after Life Time dealAmazon also leased space at 10 Bryant Park this year.
People of Note
Savills adds former MLB pitcher to industrial team; Colliers expands Philadelphia services; NewMark Merrill targets retail growthRead the latest on new hires, promotions and other personnel changes.Lightning Society secures SoHo venue for permanent homeGroup seeks to revive New York’s salon culture in neighborhood’s cast-iron architecture.
More News
JLL relocating San Diego operations to high-profile towerThe brokerage will have its name on American Assets Trust's new building in the busy UTC enclave.
People of Note
CBRE expands Utah team; Northmarq hire pursues restaurant deals; Transwestern taps business development veteran in TexasRead the latest on new hires, promotions and other personnel changes.This San Diego building shows why some offices can become hotels — and others can'tDeveloper J Street and Hyatt are planning a $250 million dual-brand hospitality complex as developers try to make workspaces new uses.
Daily Roundup
Pending home sales rise; Economy posts sharper contraction in first quarter; Durable goods orders surgeHere’s what you need to know to start your day.Rising demand and falling supply give boost to US multifamily sectorHigh mortgage rates and cost of homeownership are fueling the apartment market, real estate services and data firms said.
Universal plans first project in the Midwest at Chicago River site once planned for apartment towersUniversal Destinations & Experiences is bringing an immersive horror attraction across the street from the Bally’s casino campus already under construction along the Chicago River, a plot twist for the site.
PG&E invests to meet surging demand for Silicon Valley data centersElectricity demand from the AI boom could double in the next five years.
Hilton seeks to kick-start development for smaller hotel companies with Bridge partnershipThe partnership between the hotel brand and online lending platform is designed to connect hotel investors with lenders in the current fractured financing environment.
CBRE appoints UK and Ireland chief executiveInvestment banker Rishi Bhuchar will succeed Ciaran Bird.
Podcast
How the hotel industry can keep properties safe and inclusive for guestsIn this Pride Month episode of the Next Gen in Lodging podcast, host Chris Henry and guests discuss how the hotel industry has remained more committed to inclusion than other sectors.Daily Roundup
New home sales drop; Shell denies reports of merger talks with BP; Walmart, Intel plan more job cutsHere's what you need to know to start your day.Federal housing agency to leave DC for Northern VirginiaThe U.S. Department of Housing and Urban Development said it is coordinating a "staggered" move to Alexandria.
Exclusive
Chevron aims to cut another slice off its San Francisco Bay Area footprintThe oil giant has listed part of its former headquarters after its corporate relocation to Texas. Museum of Ice Cream selects Los Angeles for its first ground-up location CIM Group broke ground as customers respond to retail experiences.
How one hotelier is cultivating charm in historic Colorado hotelsClay Bales and his company, TCB Hospitality, are breathing new life into century-old structures, starting with The Rathbone Hotel in Montrose, Colorado.
Podcast
Sonesta embarks on new stage of growth as parent company continues to sell down assetsSonesta International Hotels Chief Development Officer Brian Quinn said after closing real estate sales, his company will shift focus to franchise opportunities.MG Properties makes one of Orange County’s biggest apartment deals of past yearThe buyer cited rising demand for the $144 million Anaheim deal.
Daily Roundup
Amazon targets small towns for faster deliveries; Consumer confidence retreats; Office attendance edges lowerHere’s what you need to know to start your day.Why these California banks are bullish on branch expansionFive Star Bank is one of a handful of regional and out-of-state banks aiming to fill the void left by failed lenders in 2023.
Video
Why the Springboard, Hotel Equities merger is different than other hotel dealsCEO Ben Rafter said the entrepreneurialism and varied strength of Springboard Hospitality and Hotel Equities makes the combined company different than other mergers built around synergies and corporate cuts.Singapore debuts first new Raffles hotel since 1887The recent debut of the Raffles Sentosa Singapore, while nodding at the heritage of the original, is poised for the new era of sustainability, exclusivity, seclusion and design.
Blackstone, KKR dive back into office market with Seattle-area dealsThe heavyweight firms are placing their bets on the market's rebound with acquisitions of properties occupied by Meta and Snowflake.
Canada may need to double housing construction to regain affordabilityA major bank suggested an increase would require a "revolution" in completions.
Featured
CoStar Economy
CoStar Economy
Economy
Global finance organizations weigh uncertainty over trade as tariffs loom
Economy
Featured
Featured
Office
The Diamond in Chicago is the latest building to take on a new moniker inspired by its design
Office
CoStar Insight
CoStar Insight
Analytics
Long-term sales growth continues to support record retail rents
Analytics
Market Moves
Market Moves
Finance
Here’s a Live Overview of What’s Happening in the Market Today
Finance
Impact Awards
Impact Awards
Top News
Industry pros pick work that had a major impact on their markets
Top News
Featured
Featured
Office
New music venue, offices and restaurants drive interest in changing part of Virginia capital
Office
CoStar Insight
CoStar Insight
Analytics
Increased attendance helps counterbalance stagnant payrolls as leasing activity recovers
Analytics
International News
United States
Lease renewal, expansion come as complex undergoes $500 million upgrade
United States
United States
Sant Ambroeus is first retail tenant named for high-profile Knox Street development
United States
United States
New York-based Vanbarton Group sells 265-unit property on First Hill for $173 million
United States
United States
Brett White to step down as chairman, making way for Blackstone executive
United States
Portugal
Deal backed by €700 million debt financing package
Portugal
Germany
Conren Land buys Hamburg and Munich landmarks
Germany
United Kingdom
The UK and Italy proving the favoured destination as SCPIs like Corum, Sofidy and Iroko Zen go crossborder
United Kingdom
CoStar Interview
CoStar Interview
Canada
In battling to 'earn the commute' are companies in danger of over amenitising?
Canada
The tech giant's recent deal adds to the growing optimism of the industry's return to real estate expansion.
REIT looks to sell 520-room Chicago hotel as it reshapes portfolio
Park Hotels & Resorts has put a 520-room hotel along Lake Michigan in Chicago on the market for sale as the real estate investment trust looks to raise as much as $400 million through the sale of properties.
Global Report
CoStar World News for June 26
African hoteliers seek flexible sustainability rules; UK office provider adds beds; Blackstone jockeys to buy prominent Paris building
TickPick doubles New York headquarters footprint
The ticket marketplace picked Vornado’s Penn 1 after considering more than 20 other locations.
Baseball stadium with shell-shaped roof gets underway in Las Vegas
Here's a look at the ballpark the former Oakland A's expect to be ready in time for the 2028 season.
Featured
CoStar Economy
CoStar Economy
Economy
Global finance organizations weigh uncertainty over trade as tariffs loom
Economy
Featured
Featured
Office
The Diamond in Chicago is the latest building to take on a new moniker inspired by its design
Office
CoStar Insight
CoStar Insight
Analytics
Long-term sales growth continues to support record retail rents
Analytics
Market Moves
Market Moves
Finance
Here’s a Live Overview of What’s Happening in the Market Today
Finance
Impact Awards
Impact Awards
Top News
Industry pros pick work that had a major impact on their markets
Top News
Featured
Featured
Office
New music venue, offices and restaurants drive interest in changing part of Virginia capital
Office
CoStar Insight
CoStar Insight
Analytics
Increased attendance helps counterbalance stagnant payrolls as leasing activity recovers
Analytics
International News
United States
Lease renewal, expansion come as complex undergoes $500 million upgrade
United States
United States
Sant Ambroeus is first retail tenant named for high-profile Knox Street development
United States
United States
New York-based Vanbarton Group sells 265-unit property on First Hill for $173 million
United States
United States
Brett White to step down as chairman, making way for Blackstone executive
United States
Portugal
Deal backed by €700 million debt financing package
Portugal
Germany
Conren Land buys Hamburg and Munich landmarks
Germany
United Kingdom
The UK and Italy proving the favoured destination as SCPIs like Corum, Sofidy and Iroko Zen go crossborder
United Kingdom
CoStar Interview
CoStar Interview
Canada
In battling to 'earn the commute' are companies in danger of over amenitising?
Canada
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