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April 2, 2026
Scarcity at the top sends New York office rents beyond $320 a square foot
The trend of deep‑pocketed office tenants paying ever‑higher rents in New York shows no sign of easing, as two recent deals have broken the threshold of $320 per square foot.
April 2, 2026
Saks Global lands $500 million to exit bankruptcy
Luxury retail conglomerate Saks Global has secured $500 million in exit financing from its creditors and expects to emerge from bankruptcy this summer.
April 2, 2026
Joint venture buys Greenwich Village office building
A joint venture between Bulldog Real Estate Partners and Acram Group acquired 88 University Place, a 100,000-square-foot office building in Manhattan's Greenwich Village, from CIM Group for $46 million, or $460 per square foot.
April 2, 2026
Group demand in this World Cup host city has surged in 2026, leading the top 25
A wave of conferences, trade shows and other events is helping lift New York City hotel bookings this year, and recently enacted short‑term rental rules continue to reshape where visitors stay.
April 2, 2026
Greystone to exit special servicing; Big hotel refinancings attract investor; New York tower struggles post-WeWork
This week's column examines Greystone preparing to sell its securitized loan special servicing unit, the attraction of a Blackstone- and Starwood-backed firm's refinanced hotel portfolio and a New York office tower struggling after the departure of WeWork. Read the entire piece by clicking "read more" below.
April 2, 2026
New York still has what Miami lacks: Lots of office space for corporate tenants
Despite years of headlines about companies shifting operations from New York to Miami, the reality on the ground looks different.
April 1, 2026
Bloomberg gets nine-month rent reprieve at Manhattan headquarters building
Bloomberg is receiving a temporary break on rent payments at its Manhattan headquarters under a newly amended lease agreement.
April 1, 2026
Times Square office-to-residential conversion secures $203 million financing
A historic office building steps from the tourist-and-entertainment hub of Times Square has secured $203 million in financing, clearing the way for its conversion into a residential property.
April 1, 2026
Tightening office conditions began in New York. Now they're spreading to other major cities.
A year ago, New York stood largely alone in seeing office space come off the market. That's no longer the case.
April 1, 2026
Investors bullish on New York City hotels despite development, operating challenges
The 529-room Kimpton Era Midtown New York recently opened in the heart of Manhattan, steps from Rockefeller Center. A luxury property with multiple restaurants featuring celebrity chefs, the Kimpton hotel enters what appears to be a thriving market with year-round occupancies surpassing 80%.
March 31, 2026
New York supertall building developer Extell taps industry veteran as co-CEO
Extell Development Co., the developer credited with helping reshape New York’s skyline through a wave of residential supertall buildings, has named a real estate industry veteran associated with a slew of industrial properties as its co-chief executive.
March 31, 2026
Blackstone names golfer Tommy Fleetwood as first global brand ambassador
Private equity giant Blackstone, the largest commercial property owner, has named world No. 4 professional golfer Tommy Fleetwood as its first global brand ambassador as the firm pushes deeper into the private‑wealth market.
March 31, 2026
AI advertising firm Agentio plans move to Manhattan from Brooklyn
Agentio, an AI-native platform that pairs brands with content creators, is moving from Brooklyn to the overhauled historic Textile Building in Manhattan’s Midtown South area.
March 31, 2026
Allbirds’ meteoric fall ends with $39 million sale to American Exchange Group
Once-high-flying Allbirds has come back to earth, planning to sell its assets for roughly $39 million and wind down its business.
March 31, 2026
Rogers Carter Investments buys New York retail condo
An entity affiliated with Rogers Carter Investments purchased a retail condo unit at Washington Court in New York's Greenwich Village neighborhood from Philips International for $23 million, or approximately $1,021 per square foot.
March 30, 2026
Distributor of Juicy Couture and Frye expands Manhattan office presence
NYC Alliance, the apparel company behind brands such as Juicy Couture and Frye, is doubling the size of its Manhattan office footprint.
March 30, 2026
New York sharpens pitch to become major US soundstage hub
One of the hottest backstage passes in New York City isn’t on Broadway, or even at a theater.
March 30, 2026
Luxury brand Rolex nears opening of its own New York tower
Luxury Swiss watchmaker Rolex is set to open its New York office and retail flagship tower this fall, marking a rare move by a luxury brand into the role of office landlord.
March 30, 2026
Upscale suburban gym to open first Manhattan location
Hydrogen Fitness, an upscale gym operator positioned as a lower‑cost alternative to luxury chains such as Equinox, is making its first move into Manhattan from its suburban roots.
March 30, 2026
Manhattan multifamily building changes hands
Jade Century Properties acquired a 25-unit multifamily building at 443 E. 88th St. in Manhattan's Yorkville neighborhood from Witnick Real Estate Partners for $16.5 million, or $660,000 per unit.