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July 3, 2025
Downtown Baltimore fixture loses largest tenant; Concerns rise for Manhattan office tower; Loan payoff missed again for Minnesota icon
This week’s column examines a fixture on the Baltimore skyline losing its largest tenant, obstacles for a lower Manhattan office tower, and Minnesota’s largest office building missing its loan payoff again. Read the entire piece by clicking “read more” below.
July 2, 2025
Tishman Speyer lands $385 million CMBS loan for Park Avenue property
Tishman Speyer has landed $385 million in refinancing loans backed by the Colgate-Palmolive office building on Manhattan’s Park Avenue.
July 2, 2025
CBRE names industry veteran to new position as head of New York retail
CBRE has named industry veteran Michael Taxin to oversee its New York retail business as the sector has shown solid signs of recovery from the damages of the pandemic.
July 1, 2025
New York OKs financial plan to help bring completion of Hudson Yards
The New York City Council has signed off on a financing plan that will move forward a proposal by developers Related Cos. and Oxford Properties to complete Hudson Yards, the largest U.S. private development, on Manhattan’s far west side.
July 1, 2025
New York approves stabilized apartment rent increases for fourth straight year
New York has approved annual rent increases for about 1 million rent-stabilized apartments for the fourth straight year. The move comes as both landlords and tenants contend with inflation and other economic pressures, and the city’s Democratic mayoral front-runner has made freezing rent a key campaign pitch.
July 1, 2025
This downtown LA tower reflects latest national approach to fight homelessness
In the Skid Row area of downtown Los Angeles, a new 17-story tower designed to house hundreds of homeless people is opening, partially marking a record local push to find that population permanent housing. It's also joining cities across the country in stepping up similar investments aimed at economic stability.
July 1, 2025
New York's office leasing recovery moves into its next phase
While much of the conversation about the U.S. office sector centers on "recovery," the reality for New York City is far more promising.
July 1, 2025
AI startup Warp expands Manhattan office footprint
An artificial intelligence-powered provider of human resources, payroll and tax compliance software has expanded its New York headquarters fivefold after recently closing a funding round from investors including actor Ashton Kutcher’s Sound Ventures.
July 1, 2025
How hotel companies can better incentivize younger employees
INDIANAPOLIS — Young employees at hotels need more than pure financial compensation and a clear pathway to earning incentives to be properly motivated, according to a panel of experts.
June 30, 2025
Pinterest to more than double Manhattan office footprint
As tech office leasing rebounds in New York, social media giant Pinterest is more than doubling its Manhattan footprint and moving to a landmarked art deco tower steps from popular Madison Square Park.
June 30, 2025
Long Island’s available industrial space decreases for the first time since late 2023
The amount of available industrial space across Long Island’s Nassau and Suffolk counties totals 13.8 million square feet heading into the third quarter of 2025. That’s approximately 500,000 square feet less than the level at the end of March and is the first quarter-over-quarter decline since the end of 2023.
June 28, 2025
Here's how official bids for New York’s casino licenses stack up
Eight groups of developers and casino operators are officially vying for a casino license in and around New York, setting the stage for winners to be announced by year's end.
June 27, 2025
Mint House completes metamorphosis of DC office building to hospitality property
A historic office building in downtown Washington, D.C., has been converted into 85 high-end, hotel-style apartments for executives, as national residential hospitality company Mint House added another property to the locations it operates.
June 27, 2025
In New York, luxury RevPAR growth accelerates while non-luxury RevPAR growth slows
Despite short-term economic headwinds and uncertainty, the New York hospitality market continues its hot streak, led predominantly by luxury hotels.
June 26, 2025
New York’s high-stakes casino competition shifts into high gear as deadline looms
The competition for one of New York’s coveted downstate gaming licenses that could include the Big Apple is kicking into high gear as the application deadline nears — and developers push hundreds of pages of bids to state officials.
June 25, 2025
Here's where the new front-runner for New York City mayor stands on real estate issues
Zohran Mamdani, a 33-year-old New York State assemblyman, staged an upset victory in the city’s Democratic mayoral primary with a campaign platform that could have big effects across the real estate community if he's elected mayor this fall of the largest U.S. city.
June 25, 2025
Less, but better: Inside URW’s US mall strategy
Global mall owner Unibail-Rodamco-Westfield showed up in Las Vegas for the biggest conference of the U.S. retail real estate industry, but it didn't have a booth competing for attention on the crowded floor of the city's cavernous convention center.
June 24, 2025
Scholastic considers sale of its Manhattan headquarters for financial boost
Publishing giant Scholastic has hired Newmark to explore selling all or part of its headquarters property in Manhattan’s SoHo as it seeks to cut costs and shore up its bottom line to reverse recent financial losses.
June 24, 2025
TickPick doubles New York headquarters footprint
No-fee event ticket marketplace TickPick is set to double its New York headquarters office footprint in a plan to move to Vornado Realty Trust’s trophy Penn 1 tower, a building with direct access to the Penn Station transit hub.
June 24, 2025
Tech office leasing rebounds nationally, fueled by AI demand
The artificial intelligence boom among cutting-edge tech companies in Silicon Valley is spreading across the country to include economic stalwarts such as Walmart, Amazon and IBM, helping to drive a surge in office leasing several years after a slowdown.

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