Deals & Dealmakers
Yext unveils new global HQ at Vornadoʼs 61 Ninth Avenue
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On-line brand management company Yext has unveiled its new global headquarters at Vornado’s 61 Ninth Avenue in Chelsea. The tech company will occupy
Deals & Dealmakers
Leases: NAI Global, Shaw, and more in action
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New York EVO Real Estate Group, a member of NAI Global, announced the following leases: • Barry Bernstein represented the landlord and tenant in Eugenia Kim, Inc.
Deals & Dealmakers
New pilates place coming to Upper East Side
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Club Pilates, the largest network of Reformer-based group pilates studios in the world, has signed a lease for the retail space at 360 East 89th Street.
Deals & Dealmakers
Selling points: Greystone to restore 164 West 74th St., Coltown JV buys Morningside Heights seminary
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Greystone / Prime Rok Greystone to restore Upper West Side beauty Greystone Development has partnered with Prime Rok Real Estate to buy 164 West 74th Street for $26.
Construction & Design
World Trade Center rebuilding paying off for Port Authority
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NYU’s Rudin Center for Transportation has released a new analysis showing that the Port Authority of New York & New Jersey​ ​is poised ​to recover
Deals & Dealmakers
Report: Landlords taking the hint as tenants begin to balk at rising rents
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The office realm in Manhattan has opened 2016 strong. Leasing activity is nearly 30 percent above the ten-year average and 11 percent above the start of 2015.
Deals & Dealmakers
Healthfood co. inks 200,000 s/f industrial lease
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Newmark Knight Frank (NKF) arranged a new long-term lease for Vitaquest International LLC, a nutritional and functional foods manufacturer, at 100 Jefferson
Featured
Manhattan retail asking rents continue to decline
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Manhattan’s most popular retail corridors experienced widespread asking rent declines in the fall of 2018. Out of the 17 high-profile corridors that the
Residential
New Development: Corcoran takes on 45 Park Place assignment
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Soho Properties Corcoran takes on 45 Park assignment Developer Soho Properties announced that Corcoran Sunshine Marketing Group is heading sales and marketing
Residential
Apartment rents on rise as buyers bide their time
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Rents have risen slightly for apartments in Manhattan and Brooklyn, while vacancies have slightly decreased, taking the rate down to the lowest level seen
Lawsuits
City, state fine ICON Management $500,000 for ‘hazardous living conditions’
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A joint city-state task force has fined a New York property management company half a million dollars for forcing hundreds of tenants to live in “hazardous
Deals & Dealmakers
Amazon’s HQ2 comes under fire at City Council
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The City Council interrogated Amazon about tax incentives, helipads and project oversight during their committee meeting. After Amazon selected both Long