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February 19, 2025
Trading firm Jane Street signs New York’s largest office lease this year
Trading firm Jane Street Group is expanding its footprint by two-thirds at Brookfield Place in lower Manhattan, a bright spot for a market recently found to have posted its worst office leasing volume on record.
February 19, 2025
Trump administration moves to end New York’s traffic congestion tolls
New York’s first-in-the-nation congestion pricing toll, after being started just a month and a half ago, may be counting its final days after the Trump administration pulled federal approval of the program.
February 19, 2025
Famous Footwear’s owner agrees to buy luxury shoe brand Stuart Weitzman
The parent of retailer Famous Footwear is acquiring upscale shoe brand Stuart Weitzman for $105 million from Tapestry, whose luxury chains have been struggling.
February 19, 2025
New York industrial market faces glut of vacant space this year
While better days are expected in New York's industrial sector, they may not arrive until next year as new supply is expected to outpace tenant demand for the fourth consecutive year.
February 19, 2025
Long Island's office recovery leads the Northeast markets
Office property owners across Long Island have benefited from limited new construction for more than a decade, which allowed the market to recover faster than its neighbors from the pandemic’s demand shock.
February 18, 2025
Deals from prominent California landlord show how tenants are favoring nicer offices
Irvine Co. reported a surge in office leasing last year as the demand gap between renovated spaces and older properties widens, with some employers opting for upgraded, modern properties to tempt remote workers back to the office.
February 18, 2025
End of an era: Neiman Marcus to close downtown Dallas flagship store
Luxury retailer Neiman Marcus is closing its flagship store in downtown Dallas where it has sold luxury goods for more than a century after being unable to reach a new lease agreement for the real estate.
February 18, 2025
Cushman banks on veteran to grow finance team; JLL expands Tennessee development group; Colliers taps executive to boost healthcare business
Cushman & Wakefield expands residential finance operations
February 14, 2025
Marcus & Millichap, Newmark posted profits, but see economic concerns grow
Two major commercial real estate services firms posted higher-than-expected earnings as executives said they will be watching in coming months as clients begin pausing plans because of myriad concerns, from lingering inflation to the potential effects of new economic policies.
February 14, 2025
Office recovery boosts Newmark revenue as executives maintain bullish outlook
Newmark Group earnings exceeded expectations, as executives said they are optimistic about real estate sales and other deal activity increasing in 2025, overcoming industry concerns over trade tariffs, inflation and other economic issues.
February 14, 2025
Blackstone's Tricon hits milestone in helping people through challenging times
Tricon Residential, a Blackstone Real Estate company, says its Resident Emergency Assistance Fund has reached a milestone by distributing more than $1 million. The fund has helped more than 500 residents and their families.
February 13, 2025
US venture capital fundraising ended year on a high note, thanks to AI
Venture capital fundraising in the U.S. bounced back in 2024, with more than $209 billion in total investments.
February 13, 2025
Top Property Sales Recognized for New York City
A prominent office deal handled by Newmark and a multifamily disposition arranged by Eastdil Secured are among the top fourth-quarter property sales recognized by CoStar.
February 13, 2025
Top Retail Leases Recognized for New York City
Prominent retail leases signed by Arte Museum, Burlington and Primark negotiated by top dealmakers from CBRE are among the fourth-quarter retail leases recognized by CoStar.
February 13, 2025
Top Office Leases Recognized for New York City
Prominent office leases signed by Bloomberg, Citadel and Ropes & Gray negotiated by top dealmakers from CBRE are among the fourth-quarter office leases recognized by CoStar.
February 13, 2025
Top sales and leases recognized in the US
Brokers completed major deals during the fourth quarter, a period marked by an uptick in the nation's office market and a brighter outlook for real estate capital markets.
February 12, 2025
Lender Blackstone Mortgage spends added loan payoff cash on retail property
Commercial lender Blackstone Mortgage Trust entered 2025 with record-high cash reserves as loan payoffs surged in recent months. Now it's spending some of that money on retail properties.
February 12, 2025
Brookfield sees commercial property market improving as cash flow increases
Brookfield Asset Management, one of the world's largest real estate owners, said opportunities are emerging in the property sector, particularly for refinancing, and that its small amount of cross-border activity offers some protection from tariffs implemented by the United States.
February 11, 2025
Why California is losing movie and TV production to non-US rivals
Movie and television production firms are increasingly doing business outside the United States, prompting top entertainment hubs like Los Angeles to try to add high-tech soundstages and ramp up incentives to lure back studios.
February 11, 2025
Vornado points to 'landlord's market' as demand for premium New York office space soars
When it comes to optimism over the trajectory of New York City's office market, landlord Steven Roth's glass isn't just half full, it's nearly spilling over.

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