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Midtown malady canʼt take shine off NYC office leasing
07
Midtown Manhattan, the haven of aging office towers filled with banks and law firms, received a bleak diagnosis from the city’s real estate experts.
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Coworkers court Flatiron domination
07
The Flatiron District has become New York’s co-working capital following an expansion to 250,000 s/f by WeWork and an imminent deal by Knotel to lease
Deals & Dealmakers
Federal Home Loan Bank expands to 68,000 s/f at 101 Park
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H.J. Kalikow & Co., LLC announced today that the Federal Home Loan Bank of New York (FHLBNY) has renewed and extended its lease at its flagship property
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Modellʼs leases 300,000 s/f logistics center
07
Sporting goods retailer Modells has leased a 300,000 s/f distribution facility in New Jersey. CBRE brokered the deal for 312,373 s/f of industrial space
Retail
RETAIL ROUNDUP: St Tropez brand comes to The Hamptons; Restaurant space available at City Point.
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● MANHATTAN SKYLINE MANAGEMENT CORP. St. Tropez swimwear stars make a splash in The Hamptons MANHATTAN Skyline Management Corp. announced that Vilebrequin, the St.
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ON THE SCENE: This week’s sales & exclusives under $10M
07
AGENTS EPIC Commercial Realty announced the following exclusive assignments: • The sale of 264 Linden Street in Bushwick, Brooklyn. Located between Knickerbocker
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As rents take a nose-dive retailers start to get serious about leases
08
In spring 2019, average asking rents for available ground floor retail spaces decreased year-over-year in 12 of the 17 Manhattan corridors analyzed by
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CBRE commits to net zero goal by 2040
08
CBRE has announced its commitment to achieve net zero carbon emissions by 2040. This commitment encompasses carbon emissions from CBRE’s own operations
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Online pharmacy opens distribution hub on Long Island
07
On-demand pharmacy chain, Alto Pharmacy, has leased a 10,000 s/f distribution hub on Long Island as the company continues its expansion into the New York market.
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CBRE secures $14M for Jersey apartment refi’
08
CBRE arranged a $14 million refinancing loan for The Ridgewood Commons, a 66-unit midrise multifamily apartment building at 10 North Ridgewood Road in
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Itʼs raining deals at 7 World Trade Center
07
7 World Trade Center is fully occupied by a diverse roster of tenants AccuWeather, the world’s largest and fastest-growing weather digital media company
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Another restaurant chain eats into NYC’s vacant retail space
08
Fast-growing Medierranean food chain Mezeh Mediterranean Grill has opened another location in New York City. Cushman & Wakefield arranged a long-term