Prime urban retail corridors have made a vibrant comeback in the aftermath of the pandemic, with New York, Los Angeles and Miami leading the way, according to the real estate firm JLL.
This week's column examines RXR's new loan servicing business, Fitch Ratings' outlook for next year and a New Jersey bank testing the CMBS market for the first time. Read the entire piece by clicking "read more" below.
Manhattan's office market has a firm spot ahead of the national post-pandemic recovery, but the pending sale of a Midtown skyscraper shows there are still deals to be had among landlords eager to offload their properties and buyers looking to scoop them up at a bargain.
Dutch banking giant ING is taking another floor in a Manhattan high-rise as part of a recent renewal and expansion deal, underscoring how the financial industry is leading the charge for office space in the city.
JPMorgan Chase just took the wraps off its global headquarters in Manhattan, though it appears the firm is in need of additional space to house its New York City employees for the full workweek.
Discount giant Target is taking aim at regaining its status as a style leader, revamping its store in SoHo in Manhattan to feature trendy apparel and home goods in an interactive setting.
In a quick pivot, SL Green Realty is now looking at transforming its trophy Times Square office tower into a roughly 1,000-room hotel and entertainment venue after its bid to open a casino there was rejected.
New Mountain Net Lease has completed its first asset-backed securities transaction, issuing $493.4 million in notes on 59 commercial properties across North America.
The U.S. office market has taken a long time to find its bottom after the upheaval catalyzed by the COVID-19 pandemic. Though performance is still fragmented and risks abound, the second half of this year appears to have been the inflection point that started a new economic cycle.
Architect Frank Gehry is remembered for an ability that won him worldwide acclaim for designing buildings that appear to defy gravity, with extreme curves and walls so steeply angled they seem to be falling over.
A financial technology firm is delivering the latest boost to Manhattan's leasing numbers as it plans to nearly double its headquarters with a move to a Manhattan office tower.
Site Centers is putting all of what's left of its shopping center portfolio on the block after selling $3.7 billion in retail properties during the past two years. The move comes after spinning off its convenience properties, also known as strip malls, about a year ago.