New York City
CoStar Insight
Which Manhattan neighborhood saw a recent large decline in office space? All of them.Notable declines in availability have been observed in Midtown, Midtown South and downtown.
CoStar Insight
Flight to quality on full display in Northern New Jersey’s office marketHeading into late July, the Northern New Jersey metropolitan area’s office availability rate is at 15.4%, a 55 basis point year-over-year decline to the lowest level since late 202...SL Green rides wave of improving New York office marketTech tenant deals are helping the landlord drive momentum toward meeting its 2025 leasing goal.
Starwood Property Trust to buy Brookfield net-lease firm for $2.2 billionThe purchase is part of a move to diversify beyond commercial real estate lending.
Frank Gehry-designed IAC Building in New York has office space available for first timeThe 2007 building was the famed architect’s debut Manhattan commercial project.
New York City Council rejects Bally’s $4 billion Bronx casino bidThe project was called the borough’s “single largest private development.”
Convene to open event venue in Manhattan’s SoHoThe flexible workspace provider signed a new lease at the Scholastic Building.
Empire State Realty Trust names CEO’s son to its boardThe Malkin family’s ties to New York real estate span generations.
Canadian REIT focused on Manhattan apartments moves closer to public offeringGo Residential would trade in Toronto and own 2,015 luxury units in New York City.
More News
Hunt Cos. nabs majority stake in storied Atlanta firmThe deal makes way for new "large-scale opportunities" for 67-year-old real estate firm Carter.
Thinking inside the box: How hotel designers innovatively employ guest psychologyHotel designers are increasingly using guest psychology to inform their design decisions in hotel rooms and shared spaces.
Exclusive
Google to dump Silicon Valley office building after failed sublease effortsNewmark has begun to market the Sunnyvale, California, property ahead of the tech giant's looming exit. Daily Roundup
Retail sales improve; Homebuilder confidence edges higher; Jobless claims declineHere’s what you need to know to start your day.Weather, global conflicts test Greece's resiliency as a popular tourism destinationHoteliers at several Greek islands have seen waves of tourism demand but fear declines due to the effects of climate change and another refugee crisis.
Crews set to demolish Canada's second-tallest freestanding structureMining company Vale said it would take five years to dismantle the landmark smokestack that has long hovered high above Sudbury, Ontario.
Daily Roundup
Construction material costs surge; Single-family lots hit record price; Mortgage applications declineHere's what you need to know to start your day.Global Report
CoStar World News for July 17African hotel franchising gains momentum; UK looks to ban upward-only commercial rent reviews; French logistics leasing reboundsOne of Denver's newest office towers lands deal as landlords scramble for leasesThe law firm Reed Smith has signed an agreement for a full floor in a plan to relocate and expand its downtown footprint.
Prologis improves outlook as logistics customers resume lease dealsThe industrial real estate giant's development pipeline represents "the largest start to a year that we have ever had," Chief Financial Officer Tim Arndt said.
Global manufacturer sells former Charlotte headquarters as office market reboundsSPX Flow has scored nearly $72 million in a deal for Ballantyne Tower within months of listing the property for sale.
Chart of the Day
Single-borrower loans bolster CMBS marketThe deal type has accounted for nearly 60% of offerings this year.Podcast
Extended-stay hotels maintain equilibrium amid brand, investor interestThe Highland Group's Mark Skinner says performance trends in the segment mirror those seen in the larger hotel industry, reversing trends observed during the pandemic.Renegade Hotels looks to bring lifestyle culture to select-service hotelsBoutique and lifestyle hotel management firm Rebel Hotel Company's new division, Renegade Hotels, will apply its approach to operations to select-service hotels.
Westwood Financial names new CEO as retail owner focuses on Sun Belt marketsKC Bills stepped in to lead the shopping center firm amid a generational leadership shift.
Pack it up: Tupperware's former office campus hits market after bankruptcy filingThe headquarters complex near Orlando, Florida, has been listed for sale just a few years after a leaseback deal was arranged.
Target, Starbucks ramp up office mandates alongside broader turnaround effortsThe companies are among the U.S. corporate giants implementing stricter requirements for employees.
Banks shrink exposure to problem office loans, led by Wells Fargo JPMorgan Chase said revenue from commercial real estate banking fell 1%.
Daily Roundup
Shelter costs push inflation higher; Freight industry job cuts mount; Office attendance dropsHere’s what you need to know to start your day.JPMorgan completes lease for 150,000 square feet of Canary Wharf overflow spaceThe banking giant has taken overflow space as it steps its staff return to the office.
Pandox, Eiendomsspar to acquire Ireland’s Dalata Hotel Group for €1.4 billionAfter a few months of wrangling, Dalata Hotel Group has accepted an offer from Pandox AB and Eiendomsspar AS for 100% its shares that now values the of the Irish hotel firm at €1.4 billion.
Featured
CoStar News recognized in major journalism contestJournalist Andy Peters honored for a report on how artificial intelligence is changing data center design.Kilroy Realty notches win with AI startup’s move to triple San Francisco headquartersHarvey AI has inked a major expansion deal as the company scrambles to keep up with its growth.
Exclusive
Lululemon grows corporate headquarters with downtown Vancouver dealThe athletic wear maker plans to move into nearly 300,000 square feet of former Microsoft space next year. Featured
Video
CoStar Economy
CoStar Economy
Economy
Nation sees year-to-date deficit shrink by 1%
Economy
CoStar Insight
CoStar Insight
Hospitality
Higher interest rates and development costs continue to take their toll on construction counts
Hospitality
Market Moves
Market Moves
Finance
Here’s a Live Overview of What’s Happening in the Market Today
Finance
CoStar Insight
CoStar Insight
Analytics
Market participants say they are far more optimistic regarding prospects of other real estate types
Analytics
CoStar Insight
CoStar Insight
Analytics
Apartment demand has surged over the past 12 months
Analytics
Featured
Featured
Office
The Diamond in Chicago is the latest building to take on a new moniker inspired by its design
Office
Featured
Featured
Office
New music venue, offices and restaurants drive interest in changing part of Virginia capital
Office
Featured
Featured
Office
Tech giant’s Thompson Center project drives conversations about downtown
Office
CoStar Insight
CoStar Insight
Analytics
Population gains and adaptive reuse drive momentum amid office slowdown
Analytics
CoStar Insight
CoStar Insight
Analytics
A decades-long trend reverses in a reshaped post-pandemic market
Analytics
International News
United Kingdom
Savills' preliminary figures suggest €95 billion of transactions
United Kingdom
United Kingdom
Sell orders are at their lowest level since 2020
United Kingdom
United Kingdom
Dooa Capital signs Stephanie McCaffrey's Racketeer for its first venue outside of Los Angeles
United Kingdom
Germany
The 400,000 square feet of warehouses are located across Germany
Germany
United States
Take a dip in one of these wanderlust-worthy waters
United States
United Kingdom
Private equity is battling with listed bidder Tritax for the group.
United Kingdom
United States
Law aims to encourage soundstage development as state vies for more productions
United States
United Kingdom
Manufacturing to drive early take-up wave as investors work out ESG position
United Kingdom
Sterling Bay is negotiating to buy the riverfront building completed in 1989.
The largest US hotels by room count to open in the first half of 2025
A look back at the largest hotel openings by room count so far in 2025.
Summer hotel demand stays soft across the US as season nears annual peak
Weekday U.S. hotel performance has been down throughout the first few weeks of July while alternative accommodations such as short-term rentals and cruises seem to be eating into hotel leisure demand.
People of Note
New JLL hire pursues Phoenix business; Waterton chooses next investment chief; Colliers expands Philadelphia team
Read the latest on new hires, promotions and other personnel changes.
World's oldest surviving basketball court may give small town a shot at tourism
Civic groups have hired an architect from the Boston area to design a museum in St. Stephen, New Brunswick, on the U.S.-Canada border.
Featured
Video
CoStar Economy
CoStar Economy
Economy
Nation sees year-to-date deficit shrink by 1%
Economy
CoStar Insight
CoStar Insight
Hospitality
Higher interest rates and development costs continue to take their toll on construction counts
Hospitality
Market Moves
Market Moves
Finance
Here’s a Live Overview of What’s Happening in the Market Today
Finance
CoStar Insight
CoStar Insight
Analytics
Market participants say they are far more optimistic regarding prospects of other real estate types
Analytics
CoStar Insight
CoStar Insight
Analytics
Apartment demand has surged over the past 12 months
Analytics
Featured
Featured
Office
The Diamond in Chicago is the latest building to take on a new moniker inspired by its design
Office
Featured
Featured
Office
New music venue, offices and restaurants drive interest in changing part of Virginia capital
Office
Featured
Featured
Office
Tech giant’s Thompson Center project drives conversations about downtown
Office
CoStar Insight
CoStar Insight
Analytics
Population gains and adaptive reuse drive momentum amid office slowdown
Analytics
CoStar Insight
CoStar Insight
Analytics
A decades-long trend reverses in a reshaped post-pandemic market
Analytics
International News
United Kingdom
Savills' preliminary figures suggest €95 billion of transactions
United Kingdom
United Kingdom
Sell orders are at their lowest level since 2020
United Kingdom
United Kingdom
Dooa Capital signs Stephanie McCaffrey's Racketeer for its first venue outside of Los Angeles
United Kingdom
Germany
The 400,000 square feet of warehouses are located across Germany
Germany
United States
Take a dip in one of these wanderlust-worthy waters
United States
United Kingdom
Private equity is battling with listed bidder Tritax for the group.
United Kingdom
United States
Law aims to encourage soundstage development as state vies for more productions
United States
United Kingdom
Manufacturing to drive early take-up wave as investors work out ESG position
United Kingdom
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