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Luxury Westchester buyers getting price conscious
08
Fear of over-paying is being blamed for a slowdown in the Westchester luxury homes market. In its thrid quarter report, Houlihan Lawrence said, “Despite
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Rental market percolating according to recent reports
08
The concessions balancing act being performed by they city’s apartment owners has shrunk New York’s vacancy and pushed median rents up.
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How Corona became ground zero for Gen Y
08
  If there’s one thing that separates the millennial generation from those that preceded it — aside from a tech fluency and a penchant for brunch
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MTA purchases Grand Central Terminal for $35 million
09
The MTA bought the 105-year-old Grand Central Terminal for $35 million. The MTA board voted to approve the purchase during their monthly board meeting in November.
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Chelsea building reaches full occupancy
06
The Chelsea property housing popular high end nightclub 1Oak has reached 100 percent occupancy. According to Director of Investment Sales and Hospitality
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Lhota quits as MTA boss
08
New York Building Congress paid tribute to the efforts of two-time MTA boss Joe Lhota following news that he had resigned his position as chairman.
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Giant Spoon co. eats into 44 Wall Street office space
08
EQ Office announced that Giant Spoon has signed a 17,024 s/f lease at 44 Wall Street, its 24-story tower in the heart of Manhattan’s Financial District.
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Brookfield brings energy biz to 200 Liberty
09
Brookfield has moved the renewable energy company it bought last year into its office property at 200 Liberty Street. TerraForm Power owns and operates
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Compliance co. subleases space from cosmetics giant
09
A professional services firm has subleased nearly 25,000 s/f at 777 Third Avenue, occupying a full floor vacated by one of the country’s leading cosmetic companies.
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Jail demolition underway for start of housing development
07
Demolition is underway on the former Spofford Juvenile Detention Center in Hunts Point community to make way for a new affordable housing development.
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Hampshire Companies grows self-storage portfolio
09
The Hampshire Companies continues to bolster its self-storage portfolio with the addition of a 106,500 s/f state-of-the-art storage facility in Hartford, CT.
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ABS fills Flatiron retail space with spa concepts
08
Two spas have signed 10-year leases on the ground floor of a 22nd Street building owned by ABS Partners Real Estate. Silver Mirror, a facial bar, leased