Featured
Sotheby’s says it will relocate to new Upper East Side headquarters
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Sotheby’s International Realty will ready for a relocation of its new expanded corporate headquarters, slated for 650 Madison Avenue according to the firm.
Construction & Design
Trade war could send construction prices north
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The New York City real estate industry is counting the cost of the ongoing trade war with China, with building contractors adding between five to 10 percent
Deals & Dealmakers
Restaurant group takes 11,000 s/ at Williamsʼ new-look landmark
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With the repositioning of its 1201 Broadway well underway, Williams Equities announced that Corner Table Restaurants will anchor the art deco NoMad building.
Deals & Dealmakers
WHO’S NEWS: FTI appoints new director, CBRE hires two for third-party service
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Managing Director FTI Consulting announced the appointment of Yunsoo Kim as a Managing Director in the Strategic Advisory & Transaction Services group
Office Market
CEOs weigh in on ʻoffice of the futureʼ
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CRE leaders shared their perspectives on issues that will impact the “office of the future” during NAIOP New Jersey’s annual CEO Perspective.
Deals & Dealmakers
Vivendi-owned tech company consolidated in Flatiron District
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Cushman & Wakefield arranged a 3.5-year, 21,657 s/f off-market transaction for Dailymotion, Inc. at 50 West 23rd Street. The online video technology
Featured
Paul Massey drops out of race for NYC Mayor
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Massey Knakal founder Paul Massey has ended his run for mayor, saying its costing too much money to race against an incumbent. “Unfortunately, the
Deals & Dealmakers
SELLING POINTS: Garden City offices sold for $91M, Flatiron garage fetches $32M
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● ONYX EQUITIES / DAVIS CO. JV sells Garden City offices for $91 million Onyx Equities and its Boston-based partner The Davis Companies are selling two
Residential
Brokers now a mobile workforce
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Brokers are spending more and more time on their smartphones and ipads. According to the most recent Mobile Usage Report from Realtors Property Resource
Debt & Equity
Anbau bags $140M Flatiron condo construction loan
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Meridian arranged $138.6 million in financing for the ground-up construction of a condominium property in New York, on behalf of Anbau. The construction
Deals & Dealmakers
MCI ban would turn city into NYCHA complex, says CHIP
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The Community Housing Improvement Program (CHIP) has criticized a fresh effort to end the Major Capital Improvement Program that recoups the cost of repairs
Deals & Dealmakers
M&T taking center stage at The Shed
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M&T Bank has been named the Founding Bank of The Shed, New York’s new arts center. The 200,000 s/f arts center located within the Hudson Yards near