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Midtown malady canʼt take shine off NYC office leasing
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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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REITs extend upswing with strong October numbers
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Equity REITs delivered gains in October and for the first 10 months of the year. The FTSE NAREIT All REITs Index, the broadest benchmark of the stock exchange-traded U.
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Mighty Catch lands Upper Manhattan location
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Seafood restaurant Mighty Catch has signed a lease for its first Manhattan location, bringing the Oceanside, NY-based concept to the Columbia
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Computer reboot could spell chaos for rent regulated owners
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Rent regulated building owners are bracing of a massive systems failure as the state reboots its Annual Rent Registration system (ARRO).
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Rental agents should seize their opportunity to be heard
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On Tuesday, June 11 at 10am at City Hall, we have a one-time only opportunity to tell our City Council not to pass legislation that would cap certain rental broker fees.
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Software firm takes 17,000 s/f at Savannaʼs new look 19 West 44th St.
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Savanna announced that Alteryx, Inc. leased 18,017 s/f of office space at 19 West 44th Street. The full-floor deal brings office leasing volume at the
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MRA lands prime tenant for new COMMERCE LIC building
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Joe Farkas’ Metropolitan Realty Associates has signed a 17,500 s/f tenant at the former Matsil Bros. building in Long Island City he bought in a
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Durst inks 48,000 s/f Times Square lease
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The Durst Organization announced that HedgeServ Corporation has signed a 10-year lease for 47,756 s/f on the entire 8th floor of 4 Times Square.
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Partners planning overhaul at Lower East Side mixed-income development
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Global One Investments, led by principals Michael Gerstein and Robert Nelson, and L+M Development Partners have announced their plans for capital improvements
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MRC lends $124M for Toledano’s East Village purchase
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Madison Realty Capital (MRC) provided first and second mortgage financing totaling approximately $124 million for the acquisition and future renovation
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NKF tasked with rounding out Empire Outlets roster
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Newmark Knight Frank (NKF) has been named as exclusive leasing agent for the 350,000 s/f Empire Outlets outdoor shopping, dining and lifestyle center in Staten Island.
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Connecticut office building sold for $5M
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A 25,000-square-foot, three-story office building in Connecticut sold for more than $5 million last month. RHYS, a Stamford-based commercial real estate