Deals & Dealmakers
Report: Job growth, office space expansion hit record highs in NYC
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Office workers and the space they occupy grew to reach record highs in New York City in 2016, according to a report from State Comptroller Thomas DiNapoli.
Deals & Dealmakers
Duke Realty closes $2.8B sale of 72-building medical office package
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Industrial REIT Duke Realty has completed its $2.8 billion sale of 72 medical office buildings to Healthcare Trust of America as it ramps up its bulk-space strategy.
Deals & Dealmakers
Are owners gambling too much on millennials?
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Basketball courts and Foosball tables will come and go, but demanding tenants are here to stay. And knowing what they want in terms off office space has
Deals & Dealmakers
Report: Manhattan office landlords becoming increasingly dependent on concessions
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Manhattan office landlords are growing increasingly dependent on concessions in spite of rental rates hovering near record levels. Photo by Malinda Rathnayake/
Deals & Dealmakers
Why can’t men and women work together?
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By Jane Smith, FAIA, founding principal of Spacesmith As an American business leader and architect — who also happens to be a woman —
Deals & Dealmakers
New York investment sales continue to tumble
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Investment sales remain on the decline in New York City, dropping below $17 billion during the second half of last year. Total consideration dropped by
Office Market
CBRE joins Sage at 77 Water Street as pre-builts come online
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The William Kaufman Organization (WKO) and Principal Real Estate Investors, the owners of 77 Water Street, announced that it has retained CBRE as co-leasing
Views
How security assessments can help mitigate complex threats
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By David C. Burroughs, vice president of Lemire LLC In the aftermath of 9/11, property owners throughout New York City smartly invested millions to secure
Deals & Dealmakers
New York REIT sells two Chelsea buildings to Columbia Property Trust
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New York REIT continued its yearlong liquidation by selling Twitter’s headquarters and two-other fully occupied Chelsea office buildings to Columbia
Office Market
CEOs weigh in on ʻoffice of the futureʼ
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CRE leaders shared their perspectives on issues that will impact the “office of the future” during NAIOP New Jersey’s annual CEO Perspective.
Deals & Dealmakers
East Midtown rezoning may open market for hotel-to-office conversions
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Host Hotels, which operates the Sheraton New York Times Square Hotel and the Westin New York Grand Central, is viewing the benefits of the rezoning of
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.