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Manhattan landlord, contractors indicted for harassing E. Harlem tenants
04
A building owner and two contractors were charged with multiple felonies after harrassing and endangering the lives of tenants in an East Harlem building.
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Report Show Rising Rents, Shrinking Vacancies in Manhattan
05
Manhattan’s average rents climbed upward while vacancy dipped in May, according to Citi Habitats’ monthly rental market report, resulting in more power
Residential
Done Deals: Penthouse Strategy
00
Citi Habitats agent John Farrell helped an international client buy Penthouse A at The Twenty 1 condominium at 117 West 21st Street for $8.
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Avison Young moves Rivkin Radler to Madison Avenue
03
Avison Young announced that Rivkin Radler LLP has signed a lease at 477 Madison Avenue, a 24-story office building located between 51st and 52nd Streets
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Leasing plan for Midtown office condominium attracts $34M cash
06
Holliday Fenoglio Fowler, L.P. arranged $33.745 million in financing for 133 West 52nd Street, a six-story commercial condominium in Midtown Manhattan.
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Online booking fees keeping some hotel investors on the sidelines
06
Independent hotels continue to gain ground against the Marriotts and Hiltons of the world. However, some investors remain on the sidelines, skeptical of
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Co-working firm The Yard in growth mode
06
The Yard continues its growth with two new locations opening in Manhattan. The luxury office suite and co-working space will open its fifth location at
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Report: Landlords taking the hint as tenants begin to balk at rising rents
04
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.
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Report: Manhattan office landlords becoming increasingly dependent on concessions
05
Manhattan office landlords are growing increasingly dependent on concessions in spite of rental rates hovering near record levels. Photo by Malinda Rathnayake/
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Manhattan market looking up: Correction persists, but brokerages are optimistic about 2020
05
Manhattan’s floundering residential sales market is finally showing some signs of rebounding despite still being in a state of correction, new reports
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18-month long L train shutdown sparks retail worries
08
The Metropolitan Transit Authority has announced that it will shut down the portion of the L train that runs between 14 Street in Chelsea and Bedford Avenue
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Clarion collects LEED Platinum for 230 Park Avenue
05
Clarion Partners, an institutional real estate investment manager, announced that it has received LEED Platinum designation for its recently renovated