New York City
Ready to make acquisitions, Brookfield Asset Management names new CEO for real estateOne of the world’s biggest property owners has raised $16 billion to try to get bargains.
On its first day in effect, New York law criticized for ‘shake-up’ of largest US rental marketA major industry trade group vowed to keep up its legal fight.
WeWork partners with booking app ClassPass to attract more businessThe flexible office provider is offering ClassPass users the ability to schedule workspace as well as gym time.
Silverstein’s Manhattan casino plan adds high-profile restaurateursDanny Meyer and Stephen Starr were picked to design dining concepts as part of the Avenir bid.
CoStar Insight
Empty aisles, big questions: The future of NYC retail after Rite Aid closuresA fresh batch of vacant storefronts is popping up across New York City.Tom Ford office lease fills up SL Green building on Manhattan’s Park AvenueThe luxury label is planning to relocate from a nearby location.
Heart disease survivor Alexander Chudnoff, JLL lead charge for American Heart AssociationThe broker is set to be honored Tuesday at the American Heart Association's annual Heart of New York City Gala in Manhattan.
Major Brooklyn project under new ownership taps Bjarke Ingels as design architectThe firm unveiled a new look for the 27-story rental property.
Samsung doubles office footprint at Vornado’s Penn 1 in ManhattanThe asking rent at the expanded space is $110 per square foot, according to CoStar data.
Manhattan’s tech office leasing signals best annual start since 2000The sector’s “revitalization” is being fueled by the rise of artificial intelligence, according to CBRE.
More News
Global Report
CoStar World News for June 12Sustainability drives Australian hotel lending; UK Chancellor bets big on affordable housing; French retail real estate reboundsInstacart delivers boost to San Francisco office market with headquarters renewalThe grocery delivery giant is recommitting to its downtown corporate hub as the city's recovery gains momentum.
Daily Roundup
Inflation edges higher; Deal reached with China on trade tariffs; Homebuilders urge affordability reformsHere’s what you need to know to start your day.Michaels looks to boost sales from the closing of other national retailersCraft supply retailer Michaels is expanding its offerings after the bankruptcies of Joann and Party City.
Biotech firm first to lease space at Boston skyscraper after foreclosure auctionEnGene Holdings has signed a deal with Synergy Investments to expand its regional office footprint.
Chicago observatory to expand into former Signature Room restaurant spaceThe owner of 360 Chicago bought space on the 95th and 96th floors of the former John Hancock Center last year.
KKR-backed global auto supplier files for Chapter 11 bankruptcyLondon-based Strategic Value Partners is said to have emerged as the top bidder to take over Marelli.
Apartment market forecast stays positive in face of potential economic headwindsRental boom: Strong demand to drive down vacancies throughout 2025
Gray Capital kicks off multifamily fund to invest in nation's top region for rent growthThe investment group said it aims to acquire $500 million worth of apartments.
Spending Review: Chancellor 'bets big' with massive commitments on housing, defence and transportThe industry has been initially upbeat about the Review's impact on real estate.
Podcast
AHLA leader outlines US hotel industry's legislative prioritiesAvoiding tax increases and addressing high-cost labor markets top the industry advocacy group's 2025 priorities.Drugmakers plan $270 billion in US manufacturing investmentMassive commitments by multinational corporations could bring a biotech 'mini-renaissance' as tariff pressures mount, according to a new JLL report.
Federal Competition Bureau takes aim at retail property controlsNew guidelines seek to discourage leases banning landlords from renting space to competitors.
Hudson Pacific sells struggling San Francisco office building as it frees up cashThe West Coast landlord is moving on a lengthy disposition pipeline to reposition its portfolio and pay down debt.
Daily Roundup
World Bank trims global growth forecast; Paramount plans job cuts; Office attendance edges higherHere’s what you need to know to start your day.CoStar Insight
Tracking the turnaround: Where multifamily momentum is surging in the USA new CoStar index reveals the top apartment markets making the biggest strides in rent growth, occupancy and demand.Experience or revenue: Executives break down true value of hotel brandsHotel brand CEOs say differentiation in the marketplace can drive profits.
Hotel operators hone retention efforts to turn 'transitory' jobs into hospitality careersAs the labor market improves, hotel management companies are embracing company culture and leadership programs more than ever.
Los Angeles protests result in damage to some downtown buildingsStorefronts and LAPD offices were among the property vandalized in the city.
As Penn State considers campus closings, one small-town developer is undeterredAn effort is made to move forward as a community faces the potential loss of an economic driver.
Amazon ramps up data center plans with $20 billion investment in PennsylvaniaThe tech giant's latest plans include an AI cloud project next to the Susquehanna nuclear power plant.
Manulife parts with Atlanta office tower in broader plan to pay down mounting debtSpear Street Capital has scooped up the Midtown high-rise to add to its collection of discounted acquisitions.
Walmart inks Silicon Valley’s largest lease in years in tech hub resurgenceThe region's office market appears to be rebounding to pre-pandemic levels.
Daily Roundup
Inflation expectations edge lower; Import cargo traffic may surge; Construction hiring slowsHere’s what you need to know to start your day.Dallas property firm's latest strategy: Follow the NFLFor Mohr Partners, "Project Gridiron" takes shape with a newly hired Phoenix staff and a bigger U.S. growth plan.
People of Note
Westcore hire pursues industrial growth; Transwestern adds HR executive; SRS grows owner services teamRead the latest on new hires, promotions and other personnel changes.Featured
CoStar Insight
CoStar Insight
Analytics
Rebalanced supply-demand backdrops foretell return of asking rent growth for certain large markets
Analytics
CoStar Insight
CoStar Insight
Hospitality
Favorable impact of the highly anticipated demand generator is yet to be seen
Hospitality
CoStar Insight
CoStar Insight
Analytics
Resilient occupancy and strong leasing momentum in 'open-air' centers underscore landlords' strong position
Analytics
Market Moves
Market Moves
Finance
Here’s a Live Overview of What’s Happening in the Market Today
Finance
CoStar Insight
CoStar Insight
Analytics
Demand has risen for quality rental houses amid expensive housing market
Analytics
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
International News
France
According to our information, the other assets in the Project Echo portfolio have been withdrawn from market
France
Italy
Owner Gruppo Statuto acquired the hotel in October 2023 for €245 million
Italy
United Kingdom
Split follows launch of international business by US-based residential giant
United Kingdom
Podcast
Podcast
Hong Kong
Occupancy is up 4% while average daily rate is down 4%
Hong Kong
United States
Investor considers disposing of office and retail properties
United States
Analysis
Analysis
United Kingdom
Construction activity has fallen by more than 3 million square feet over the last year, but forward-looking data suggests a turnaround may be imminent
United Kingdom
Canada
Reduction would have helped energize country's moribund property market, professionals say
Canada
United Kingdom
New guidance wants to unlock skyscrapers as driving factor for economic growth
United Kingdom
Connor Mortland will lead BH Properties' new housing platform to target value-add multifamily assets.
Data center owner Digital Realty to scale back investment plans in Dallas
The REIT ran into "unforeseen circumstances," putting a tax abatement at risk.
CoStar Insight
Why the West Coast is ripe for hotel brand takeovers
How market composition is shaping growth opportunities for conversions.
CoStar Economy
Although cracks appear, the labor market holds on
The nation's unemployment rate remains unchanged at 4.2%.
Exclusive
JLL hires executive to grow medical sector business
The brokerage tapped Justin Marcoux to head its healthcare compliance services team.
Featured
CoStar Insight
CoStar Insight
Analytics
Rebalanced supply-demand backdrops foretell return of asking rent growth for certain large markets
Analytics
CoStar Insight
CoStar Insight
Hospitality
Favorable impact of the highly anticipated demand generator is yet to be seen
Hospitality
CoStar Insight
CoStar Insight
Analytics
Resilient occupancy and strong leasing momentum in 'open-air' centers underscore landlords' strong position
Analytics
Market Moves
Market Moves
Finance
Here’s a Live Overview of What’s Happening in the Market Today
Finance
CoStar Insight
CoStar Insight
Analytics
Demand has risen for quality rental houses amid expensive housing market
Analytics
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
International News
France
According to our information, the other assets in the Project Echo portfolio have been withdrawn from market
France
Italy
Owner Gruppo Statuto acquired the hotel in October 2023 for €245 million
Italy
United Kingdom
Split follows launch of international business by US-based residential giant
United Kingdom
Podcast
Podcast
Hong Kong
Occupancy is up 4% while average daily rate is down 4%
Hong Kong
United States
Investor considers disposing of office and retail properties
United States
Analysis
Analysis
United Kingdom
Construction activity has fallen by more than 3 million square feet over the last year, but forward-looking data suggests a turnaround may be imminent
United Kingdom
Canada
Reduction would have helped energize country's moribund property market, professionals say
Canada
United Kingdom
New guidance wants to unlock skyscrapers as driving factor for economic growth
United Kingdom
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