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Equity researchers swap WeWork for Carnegie Hall Tower
07
Equity research firm Melius Research is moving out of its WeWork space and into the Carnegie Hall Tower. Newmark announced today that it brokered a long-term
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New WeWork office receives $70M loan
07
Mission Capital Advisors has arranged $70 million in financing for 88 University Place, an 11-story building in the heart of Midtown South/Greenwich Village.
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Japanese firm Softbank invests $4.4B in WeWork
04
Japanese telecommunications company Softbank is investing $4.4 billion in co-working firm WeWork. According to an announcement from WeWork, $3 billion
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SL Green signs blockbuster deals at 919 Third Avenue and 315 West 36th Street
05
919 Third Avenue SL Green Realty Corp. announced that it has signed two new, long-term office leases covering more than 390,000 s/f. Bloomberg LP, the
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115,000 s/f WeWork lease biggest new space deal in Plaza District in over a year
07
In the largest Plaza District new office space transaction in over a year, WeWork has leased seven full floors of office space at Charles Cohen’
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Real estate leaders show no fear of overbuilding
05
Even in a surging office market, worries about overbuilding New York City office space persists, driven by the frenetic leasing activity of co-working
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Blackstone acquires majority interest in British WeWork competitor
06
Blackstone Real Estate Partners Europe V as acquired a majority interest in the Office Group, the WeWork of the UK, in a deal valued at over $600 million.
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Flexibility is key as office market tackles the ‘WeWork effect,’ says investors
06
Flexibility is the key to investment success in todayʼs market, according to experts who gathered for a Real Estate Master Class hosted by Morgan Stanley
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Mack-Cali not for sale as REIT doubles down on waterfront strategy
07
Mack-Cali is shoring up its balance sheet by suspending shareholder dividends for the rest of the year. And interim CEO Maryanne Gilmartin has vowed she’
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Growing firms opting to stay in co-working spaces as sharing market continues to expand
05
Co-working spaces, once the transient home of small companies that disappear as soon as venture capitalist backing materializes, is now the permanent base
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Report: WeWork’s NYC footprint has grown by 6,258% since 2010
06
In spite of its growing number of competitors, WeWork has increased its New York City footprint by 6,258 percent since opening its first location six years
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Report: Signs point to slowdown in TAMI market
07
The TAMI sector has been one of the biggest stories of the past couple years, and in 2015, the workforce grew by 5.4 percent, while existing TAMI tenants