Leases for nearly 60 Saks Off 5th and Last Call stores that total 1.7 million square feet have officially gone on the block, with the sites touted as a chance for expanding chains to get locations in high-traffic retail corridors.
Manhattan’s Times Square and the iconic Fifth Avenue stretch south of Central Park may have seen a return of tourist traffic, but the corridors — New York's most expensive — were found to be trailing in the city's overall retail rebound.
A high-profile Brookfield Place property across from the World Trade Center complex in lower Manhattan is closing on an $800 million refinancing loan, in another sign of increased investor confidence for top-tier office properties in New York.
JPMorgan Chase's demand for office space isn't slowing as the finance company expands its already-vast real estate presence in New York City and elsewhere across the United States.
Global alternative asset manager Brookfield Asset Management named company executive Connor Teskey as its CEO as the investment giant reported record fourth-quarter earnings and said it sees rising deal activity this year.
Vornado Realty Trust has tapped Newmark as the exclusive leasing agent for its Penn District retail portfolio surrounding Penn Station, the busiest U.S. transit hub.
Brookfield Asset Management, one of the world’s biggest real estate owners, is betting further on the strength of warehouse and industrial outdoor storage demand as it shuffles its portfolio.
Candid Health, a company that creates software that automates billing, has started a seven-year lease for 28,687 square feet to put its headquarters at 675 Avenue of the Americas in New York's Chelsea neighborhood.
Pong was one of the first, and commercially successful, video games created. The idea was simple. Players could replicate real-life ping-pong with digitally animated blocks.
Woori Bank New York Agency, a Korean bank, is celebrating 50 years of business in the United States with plans for the next 21 years in offices over Times Square.
Blackstone Mortgage Trust has completed a $1 billion commercial real estate collateralized loan obligation offering, adding to a surge of such deals coming to market in 2026 compared to last year's start.
New York's industrial market remains in a period of adjustment at the start of 2026. Vacancy rates have risen for nearly three years as a wave of new supply has outpaced tenant demand.
Newmark said it promoted Jeff Mayer to senior managing director and national practice leader for hospitality, gaming and leisure, as the company looks to expand its valuation and advisory services geared to those property categories.
Saks Global is taking the most drastic move so far to reduce its property, with plans to close most of its Saks Off 5th stores — nearly 60 — and its handful of Last Call locations in bankruptcy.
Blackstone, the world’s largest commercial property owner, said earnings available to investors reached a record high, boosted partly by nearly $1 billion in gains from investment sales or liquidations as the private equity giant sees deals accelerating.