New York City
BuzzFeed to cut New York headquarters space by about halfThe digital media company signed a lease for 42,210 square feet on 23rd Street.
This Hines-backed startup offers flexible space to more than office workersFabrik’s business model includes events as well as short-term leases at move-in ready locations.
Related launches data center arm, looking to raise up to $8 billionThe New York real estate giant is seeking to expand into properties supporting artificial intelligence.
CoStar Insight
Multifamily performance in Queens, New York, remains strong so far this yearOf the many regions in New York City’s multifamily market, the borough of Queens continues to outperform both the total market and the national average.New York approves new rules to address ‘unsightly’ scaffoldingThe city shortened the duration of time sidewalk sheds can stay up.
S3 issues $510 million in construction loans for two New York apartment projectsA planned Queens development includes four buildings on the East River waterfront.
First US location for European wellness company planned with views of Dallas skylineThe U.S. arm of Therme Group expects to open 10 resorts across the country in the coming years.
CoStar Insight
Retail space availability on Long Island remains near all-time lowsIn a sign of how tight the retail space markets are across Long Island, New York, the metropolitan area posted back-to-back years of sub-5% availability rates in 2023 and 2024 for ...Impact Awards
Overhaul of busiest US train station sets up neighborhood for broader turnaroundVornado Realty Trust's renovation of New York's century-plus-old Penn Station, the busiest U.S. rail hub, is billed as one of the most significant urban infrastructure projects in ...Impact Awards
Chelsea deal reinforces investor views on Manhattan’s multifamily marketThe sale of a 13-building, 147-unit apartment portfolio in Manhattan's Chelsea neighborhood last year showed how investors are still betting on the multifamily market at a time whe...More News
Tariffs prompt industrial tenants to delay real estate decisionsLandlords say some occupiers are in a "wait and see" mode with trade uncertain.
Daily Roundup
Health department adds to federal job cuts; Petco plans store closings; Pending home sales riseHere’s what you need to know to start your day.CoStar Insight
Building bridges while keeping 'elbows up'The Gordie Howe Bridge, designed to connect Windsor and Detroit, is due to be completed this year at a time of heightened tension between the U.S. and Canada. CMBS Notebook
Federal office cuts hit CMBS loan; Deal flow decelerates; Double trouble for former biotech HQA weekly look at the commercial mortgage-backed securities business.How Essex plans to double its hotel management portfolio in the next 5 yearsNew York-based hotel operator Essex Hotel Management is executing on an ambitious growth strategy.
Volatility and uncertainty could prime the pump for US hotel dealsThe odds of a U.S. economic recession have gone up, but the dormant hotel transactions market might soon awaken, according to speakers at the Hunter Hotel Investment Conference.
Daily Roundup
White House plans 25% tariff on imported cars; Office attendance holds near peak; Durable goods orders riseHere’s what you need to know to start your day.GameStop seeks to offload more US stores this year, sell some international operationsThe Texas-based video game retailer closed 590 U.S. stores in fiscal 2024.
Global manufacturer finally lists Charlotte headquarters for sale as US office demand climbsSPX Flow is attempting to time the sale of its Ballantyne Tower with an improving market outlook.
Analysis
Spring Statement: Property industry eyes opportunities as Chancellor doubles down on defence and housebuildingReal estate rues a lack of updates on "blockers" such as business rates and building regulations.Dollar Tree to sell Family Dollar for $1 billion, a fraction of what it paidThe private equity deal marks a loss for the discount giant after a decade-long turnaround effort.
For those about to book: Hoteliers eye demand surge as AC/DC, Black Sabbath schedule UK showsLegendary rock bands AC/DC and Black Sabbath will return to the United Kingdom for concerts this year, and hoteliers are celebrating strong demand for rooms around the shows.
Downtown Atlanta office market faces high-profile test with new sales listingArea includes mix of new commercial projects and weakness in demand.
Philadelphia tower's namesake tenant leverages renewal to shrink office spaceDuane Morris has cut down its Center City space by nearly 20% in response to pandemic-related shifts.
Daily Roundup
Consumer expectations hit 12-year low; New home sales rise; IBM plans job reductionsHere’s what you need to know to start your day.Iconic 'Binoculars Building' hits market in Los AngelesThe Google-occupied office property could test demand in some of the city's more desirable real estate pockets.
People of Note
JLL hires veteran in hospitality team expansion; Newmark promotes trio for valuation business; Aventon adds executive for Southeast growthRead the latest on new hires, promotions and other personnel changes.Tech experts, hoteliers press for wider adoption of artificial intelligence in hospitalityHotel experts at the Hunter Hotel Investment Conference discussed artificial intelligence throughout the week — pointing to brands to lead the charge.
Federal government shifts strategy to accelerate disposal of office propertiesThe agency posted a list of buildings containing over 2 million square feet that it seeks to unload incrementally.
Nation's first Stargate data center in West Texas is already in expansion modeWork on a second phase gets underway.
Daily Roundup
Hyundai plans $20 billion US investment; Renters say they are less likely to ever own a home; Residential construction lending fallsHere’s what you need to know to start your day.This bid for one of Boston's largest office towers shows how the value hits keep comingOne Lincoln skyscraper's $400 million offer at a foreclosure auction follows its $1 billion refinancing.
Canadian federal election next month to involve debate over real estate, taxation issuesThe short campaign comes as tariff talk with the United States is dominating the political discussion.
Featured
Impact Awards
Impact Awards
Top News
Industry pros pick work that had a major impact on their markets
Top News
CoStar Economy
CoStar Economy
Economy
Consumers, small businesses fret about possible trade war
Economy
CoStar Insight
CoStar Insight
Analytics
Availability conditions have loosened over the past year as retailers shed more locations
Analytics
Market Moves
Market Moves
Finance
Here’s a Live Overview of What’s Happening in the Market Today
Finance
CoStar Insight
CoStar Insight
Analytics
Availability levels and leasing totals are not changing much year over year
Analytics
Featured
Featured
Office
New music venue, offices and restaurants drive interest in changing part of Virginia capital
Office
Podcast
Podcast
Hospitality
Tell Me More podcast hosts reinforce the importance of focusing the data
Hospitality
International News
Japan
Lendlease selling stake in owner of 21 Moorfields
Japan
Canada
Short campaign comes as tariff talk with US dominates political discussion
Canada
France
The former Nexity headquarters is close to finding a buyer after being put on the market several times
France
United Kingdom
Nobu and developer Salboy partner at £360 million Manchester tower
United Kingdom
Mipim
Mipim
France
Mipim 2025: World's largest real estate conference gets underway with industry still seeking answers
Forget 'thrive until 2025', is recovery 'in the mix for '26?'
France
United Kingdom
Bank of America combines two loans as European CMBS market starts 2025 with a bang
United Kingdom
United Kingdom
Government lays out major changes to planning and development in UK
United Kingdom
New Zealand
Buyer calls deal New Zealand's largest single-asset hotel sale
New Zealand
Consulting firm West Monroe has doubled its space with a full-floor lease at The Bloc.
Global Report
CoStar World News for March 27
Tourism boosts Poland’s hotel investment; UK property industry eyes opportunities in government spending plans; French housing developer sees 2027 rebound
Developers look to new frontiers for data centers in the home region of AI
Avaio is set to build a sprawling tech campus in the former East Bay industrial town of Pittsburg, California.
While Wall Street hesitates, Main Street hotel investors make deals
Owner-operator hotel companies are seizing opportunities to build and buy hotels, sometimes taking a contrarian approach.
Featured
Impact Awards
Impact Awards
Top News
Industry pros pick work that had a major impact on their markets
Top News
CoStar Economy
CoStar Economy
Economy
Consumers, small businesses fret about possible trade war
Economy
CoStar Insight
CoStar Insight
Analytics
Availability conditions have loosened over the past year as retailers shed more locations
Analytics
Market Moves
Market Moves
Finance
Here’s a Live Overview of What’s Happening in the Market Today
Finance
CoStar Insight
CoStar Insight
Analytics
Availability levels and leasing totals are not changing much year over year
Analytics
Featured
Featured
Office
New music venue, offices and restaurants drive interest in changing part of Virginia capital
Office
Podcast
Podcast
Hospitality
Tell Me More podcast hosts reinforce the importance of focusing the data
Hospitality
International News
Japan
Lendlease selling stake in owner of 21 Moorfields
Japan
Canada
Short campaign comes as tariff talk with US dominates political discussion
Canada
France
The former Nexity headquarters is close to finding a buyer after being put on the market several times
France
United Kingdom
Nobu and developer Salboy partner at £360 million Manchester tower
United Kingdom
Mipim
Mipim
France
Mipim 2025: World's largest real estate conference gets underway with industry still seeking answers
Forget 'thrive until 2025', is recovery 'in the mix for '26?'
France
United Kingdom
Bank of America combines two loans as European CMBS market starts 2025 with a bang
United Kingdom
United Kingdom
Government lays out major changes to planning and development in UK
United Kingdom
New Zealand
Buyer calls deal New Zealand's largest single-asset hotel sale
New Zealand
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