May 15, 2026
Baker McKenzie adds top floor at 10 Bryant Park office building
Global law firm Baker McKenzie is expanding its footprint at the former HSBC tower across from Bryant Park in New York.
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May 15, 2026Starbucks to close offices, cut jobs in latest corporate overhaul
Starbucks is deepening its corporate cuts with plans to shell out $400 million in restructuring expenses that will result in the closing of four regional offices across the United States.
May 15, 2026Westmount hires industrial veteran; SRS expands national retail team; CenterSquare adds AI director
Westmount Realty Capital appointed Mike Demperio as director of development, based in the firm’s Atlanta office. With more than five decades of experience dealing with industrial real estate, development and brokerage, he has worked on over 100 million square feet of industrial projects across the country with a combined value exceeding $4 billion.
May 14, 2026One World Trade Center reaches record leasing level
One World Trade Center, the Western Hemisphere’s tallest tower, is 97% leased after a string of leases from fashion journal W Magazine’s parent to legal and compliance firm Norm Ai.
May 14, 2026Rental development surges in new‑graduate job hubs
The metropolitan areas hiring the most new graduates are also the ones building apartments the fastest.
May 14, 2026Coastal apartment markets outpace Sun Belt as supply pressures persist
Apartment rents are rising in coastal cities but falling across the Sun Belt, reflecting stark differences in how quickly new housing supply is being absorbed.
May 14, 2026HUD financing gains institutional traction; A venti-sized CMBS wake-up; Loan delinquency declines
This week's column examines how U.S. Department of Housing and Urban Development financing is going mainstream, concerns over long-term office commitments fueled by Starbucks' plans for a second headquarters, and declining CMBS loan delinquency rates. Read the entire piece by clicking "read more" below.
May 13, 2026Brookfield closes $1.9 billion refinancing for Two Manhattan West
Brookfield Properties has closed a $1.9 billion loan to refinance Two Manhattan West, the final piece of its flagship mixed-use development on Manhattan’s west side.
May 13, 2026Durst tests New York demand with massive block of top-tier office space
What’s being billed as midtown Manhattan’s biggest contiguous block of Class A office space is on the leasing market as limited top-tier supply has helped push office rents to record highs.
May 12, 2026Fast-growing furniture brand Cozey to open first permanent US store
Fast-growing Canadian furniture retailer Cozey, founded in 2020 as an online-only brand, is opening its first permanent U.S. store in New York.
May 12, 2026New York City real estate is this photographer’s studio
A chance assignment not long after 9/11 set artist Evan Joseph on a path to becoming one of New York’s go‑to real estate photographers.
May 12, 2026RXR sells Manhattan office condo to longtime occupant
Building Service 32BJ Health Fund acquired an 18,975-square-foot office condo unit at 620 Avenue of the Americas in Manhattan from RXR for $22.08 million, or $1,164 per square foot, in an owner-user transaction.
May 12, 2026Avison Young adds Denver retail strategist; CBRE hires Pittsburgh multifamily broker; Colliers grows LA office team
Avison Young appointed Sarah Wiebenson as a senior vice president in its Denver retail team. The retail strategist will expand the group’s retail services throughout Colorado and nationally, the firm said. Wiebenson, who has over 25 years of experience, joined the real estate services firm from Grounded Collective, the boutique retail strategy advisory firm she founded.
May 12, 2026Knight Frank ties up with New York super prime broker Modlin Group
Knight Frank, the UK independent property consultancy known for its advisory work on high-end residential and commercial property, has formed a brand alliance with Modlin Group, a luxury real estate brokerage based in New York.
May 8, 2026S3 Capital finds investors for latest multifamily construction credit fund
S3 Capital has closed its third construction lending fund amid a persistent housing shortage and regional banks' retreat from construction lending.
May 8, 2026Offices help real estate recovery accelerate, new Brookfield CEO says
Commercial real estate’s rebound from the post‑pandemic transaction drought is accelerating, with deal volume jumping sharply, according to Connor Teskey, the newly appointed CEO of Brookfield Asset Management, one of the world’s largest property owners.
May 8, 2026Primark lands in Manhattan as Herald Square shows signs of retail revival
Primark, a nearly 500‑store fast‑fashion retailer founded in Ireland in 1969, has opened its first location in Manhattan, marking a significant step in both its U.S. expansion and revitalization of New York's Herald Square.
May 8, 2026CBRE expands asset management business; Colliers grows multifamily sales group, Stream Realty adds Texas tenant team
CBRE added Chris Doman to lead its U.S. asset management services within its property management business. Doman joined the firm after having founded and run two companies that provide asset management and development services for institutions and family offices. Previously, he worked for eight years at Tishman Speyer.
May 7, 2026Offices at New York’s Hudson Yards, biggest project of its kind, declared fully occupied
Hudson Yards — the largest private real estate development in U.S. history and home to a roster of blue‑chip tenants — has fully filled its offices as the high-profile project and the city's market have overcome the major blow delivered by the pandemic.
May 7, 2026La Caisse converts more properties to residential
La Caisse, the Quebec public‑sector pension fund giant, has embarked on a series of office conversions, asset sales and new investments over the past year and revealed a 0.2% return from its property portfolio.