Deals & Dealmakers
Downtown dominates the quarter
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Joe Harbert By Orlando Lee Rodriguez Leasing activity below Canal Street has risen significantly during the first quarter of 2013, according to reports
Deals & Dealmakers
Prologis acquires IPT assets in $4 billion merger
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Industrial real estate investment trust Prologis announced this week that it signed a merger agreement to acquire all real estate assets of the REIT and
Featured
Retailers peel back Big Apple store rents
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The record retail rent prices of 2015 couldn’t last forever. Photo by Aaron Burr/ Flickr The Real Estate Board of New York’s (REBNY) Manhattan retail report
Deals & Dealmakers
Lower Manhattan office leasing hits three-year high
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Leasing activity in Lower Manhattan has reached a three-year high, driven by interest from TAMI and public sector tenants. According to the Alliance for
Deals & Dealmakers
Boy Scouts of America exits ESB for 22,000 s/f at Interchurch Center
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The Greater New York Councils of the Boy Scouts of America is relocating from the Empire State Building to The Interchurch Center at 475 Riverside Drive.
Deals & Dealmakers
Savills puts focus on workplace trends
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To introduce the latest edition of IMPACTS, Savills global flagship research publication, Savills North America CEO Mitchell Steir and President Mitchell
Deals & Dealmakers
Knotel continues to eat up city space with flurry of new deals
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Knotel, the workspace provider, announced that it has finalized a 28,820 s/f lease at CIM Group’s 5 Hanover Square in Lower Manhattan. The fast growing
Construction & Design
NYBC praises cityʼs ambitious infrastructure plan
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Mayor Bill de Blasio is proposing historic levels of investment to maintain and modestly expand New York City’s core infrastructure, according to a New
Debt & Equity
Developer bags $68M inventory loan on Upper East Side condo
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Meridian Capital Group arranged $68 million in financing for the Vitre condominium tower in New York, on behalf of Wonderworks Construction and their partners.
Residential
WHO’S NEWS: Elliman brings on Germany Sears, Ramos joins Sotheby’s
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Douglas Elliman Real Estate announced that The Germany Sears Team has joined the firm. Susan Sears and Gerald Germany, along with their team, will be based
Construction & Design
Go big or go home, Chaudry tells builders
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In the first public appearance in his newly-appointed role, Ali Chaudhry, Deputy Secretary for Transportation to Governor Andrew Cuomo, laid out the administration’s
Deals & Dealmakers
CBRE to market 20 Times Square retail
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A Witkoff Group, Winthrop Realty Trust, New Valley LLC, Maefield Development and Ian Schrager Company joint venture announced that it has named CBRE Group, Inc.