Deals & Dealmakers
Knotel grows footprint to over 1M s/f
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The city’s fastest-growing flexible office provider has added nearly 37,000 s/f to its portfolio. Knotel closed leases for five floors at 6 West 48th Street
Deals & Dealmakers
SELLING POINTS: Avison Young completes Church’s acquisition of a four-story, 15,000 s/f property
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● PAREDIM PARTNERS Yale apartments fetch $25M Paredim Partners, an owner operator of multifamily properties in the Northeast, announced the acquisition
Deals & Dealmakers
Selling points: Investor drawn to Queens apartments, Highcap arranges hotel play
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Rosewood Realty Investors drawn to Queens apartment hubs A Queens investor purchased a pair of contiguous rental buildings at 71-05 and 71-11 37th Avenue
Deals & Dealmakers
Brookfield sells shares in three more mall properties
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One day after completing a $15 billion acquisition of one of the largest retail portfolio’s in the country, Brookfield Property Partners has already
Construction & Design
Folk tales re-writing rules of office location
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Ronald Lo Russo By Orlando Lee Rodriguez New York’s commercial and residential real estate landscape is being driven by the battle between retiring Baby
Construction & Design
Developers unveil plan for biggest distribution center in Port of New York/ New Jersey
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Advance Realty and Greek Development are set to build the largest logistics facility in the New York / New Jersey Port region. The 4.1 million square feet
Construction & Design
Anbang to save Waldorf from $5.5B hotel portfolio sell-off
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Anbang International has no plans to sell its prize Waldorf-Astoria Hotel as part of a $5.5 billion sale of US hospitality assets, sources have told Real Estate Weekly.
Residential
Lurie is an industry rookie whose star is rising
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It’s not an uncommon occurrence for those pursuing the entertainment industry to begin a career in residential real estate to help pay the bills along the way.
Construction & Design
Consulting firm JS Held bolsters global platform
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J.S. Held has acquired Construction Process Solutions, a national construction consulting firm that provides project management support, dispute resolution
Construction & Design
New law to create more legal basements
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Mayor Bill de Blasio has signed legislation to create a pathway for transforming certain basement and cellar apartments into safe, legal, affordable homes.
Deals & Dealmakers
London Stock Exchange takes 75,000 s/f at Fosunʼs 28 Liberty
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Fosun Hive Holdings announced that London Stock Exchange plc has leased 75,000 s/f at 28 Liberty Street, the landmarked office tower in Lower Manhattan.
Deals & Dealmakers
Residents follow business on migration to Manhattan south
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By Orlando Lee Rodriguez GARY MALIN The movement of New Yorkers choosing to live below 23rd Street continues to trend upward, even as vacancy rates edge