Manhattan office tower overlooking Central Park adds full-floor amenities space
Building to open tenant-exclusive restaurant and cafes
A Manhattan office building featuring a curved glass curtain wall and overlooking Central Park is opening this month a full-floor amenities space operated by late celebrity chef Ja...
New York wants to add 100,000 housing units in Manhattan over next decade
Plan aims to bring housing unit total to 1 million in Manhattan
New York is seeking to add 100,000 new housing units over the next decade in Manhattan as the city contends with what CoStar data shows as the tightest apartment vacancy rate among...
Citizens food hall at Brookfield’s Manhattan West to close in April
Landlord plans to replace amenity with its Hudson Eats-inspired concept
Citizens food hall, opened during the pandemic in Brookfield’s Manhattan West mixed-use complex, will close in April as Brookfield plans to replace it with its Hudson Eats-inspired...
RXR buys 49% stake in Manhattan tower that houses Rupert Murdoch’s News Corp.
Investor, majority owner Ivanhoé Cambridge plan US$300 million-plus overhaul
Developer RXR Realty has bought a 49% stake in a high-profile Manhattan office tower that houses media mogul Rupert Murdoch’s Fox Corp. and News Corp., adding to its portfolio of p...
Morgan Stanley sells Manhattan office tower on Park Avenue at 31% discount
Buyer Haddad Brands to occupy portion of 1 million-plus-square-foot property
Morgan Stanley is selling a 1 million-plus-square-foot Manhattan office property for $360 million, adding to a slew of other office sales that have traded for less than what the se...
UBS Asset Management names US real estate investment chief
Larissa Belova is a former CBRE portfolio manager
UBS Asset Management, with about $1.8 trillion in assets under management, has named a former CBRE Investment Management portfolio manager to lead the investment strategy and growt...
Munich Re takes full ownership of Manhattan office tower
Firm previously owned 25% stake in fully occupied Park Avenue building
German reinsurance giant Munich Re has retained the full ownership interest of a New York tower for more than half a billion dollars in one of the city's largest office deals last ...
Historic Kingsbridge Armory in New York gets tapped for redevelopment
Bronx property to become commercial hub with affordable housing
The historic and long-underutilized Kingsbridge Armory in New York’s Bronx has moved a step closer to getting a fresh makeover.
Tishman Speyer lands $2.85 billion refinancing for Spiral tower in Manhattan
Loan proceeds to be used in part to repay construction debt
Tishman Speyer, fresh from a major $3.5 billion deal to refinance the famed Rockefeller Center, has secured a $2.85 billion loan to refinance its new Spiral trophy tower on Manhatt...
Manhattan’s top-dollar office leases jump to record high
Deals with starting per-square-foot rents of at least $100 represented one-third of 2024 deals, JLL says
Manhattan’s office market may still be rebounding from the pandemic, but that’s not stopping tenants from signing top-dollar deals in the so-called flight-to-quality trend.
Historic office building on Manhattan’s Park Avenue sells at 40% discount
Buyer Williams Equities plans more renovations
A century-old Manhattan office property known for a famous cast-iron clock featuring a wizard has been sold at a 40% discount to its last sales price.
SL Green extends its CEO's contract by three-and-a-half years
Marc Holliday to get $10 million bonus if REIT's Times Square casino plan becomes reality, regulatory filing shows
SL Green, Manhattan’s largest office landlord, has extended Chairman and CEO Marc Holliday’s employment agreement by three-and-a-half years, according to a regulatory filing.
CBRE to establish global financial headquarters in New York
Real estate services firm says decision reflects growth in capital markets, investment management
CBRE is setting up a new headquarters for its global financial business in Manhattan’s Lever House on Park Avenue, as the world's largest commercial real estate services firm incre...
Midtown Manhattan’s 2024 office leasing volume topped pre-pandemic level
Midtown Manhattan landed seven of Manhattan's 10 largest office deals in fourth quarter
Midtown Manhattan’s office leasing volume last year topped its pre-pandemic level of 2019 as overall leasing volume in the bellwether U.S. office market reached a new post-pandemic...
Prologis buys 10-acre Brooklyn waterfront site for $120 million
Lot allows for potential development of over 865,000 square feet
Logistics giant Prologis is adding to its New York portfolio with the purchase of nearly 10 acres in the Greenpoint neighborhood of Brooklyn.
KBS, Transwestern partner for annual fundraising event to honor fallen US soldiers
Funds collected during 2024 campaign enable purchase of 2,937 wreaths
Real estate investor KBS and Transwestern Real Estate Services have come together for the ninth year in a fundraising effort that honors fallen U.S. soldiers.
CBRE softball tournament raises money for local charities in Tampa, Florida
Annual event took in about $300,000 over past eight years
The Tampa, Florida, office of brokerage giant CBRE recently held its eighth annual Fall Classic Softball Tournament, with the event raising over $65,000 for six local charities.
Developer buys Brooklyn industrial space to expand film studio campus
Bungalow Projects picks up property for $12 million
Bungalow Projects, a real estate development firm focused on creating production hubs for film and other content creation, has bought an industrial property in the East Williamsbur...
New York’s tourist count reaches 97% of its record level pre-pandemic
City expects high of 67.1 million visitors next year, after UK and Canada provide at least 1 million each
New York’s tourism industry, hard hit in the pandemic, is approaching “a full recovery” as the city's tourism marketing arm reported the visitor level this year has reached 97% of ...
New York’s first all-electric tower lands $290 million refinancing
Building is part of Alloy Development mixed-used project in Brooklyn
A residential property billed as New York’s first all-electric skyscraper has landed a $290 million refinancing loan.