Manhattan, NY Newmark leased 53,281 s/f of office space at Skyline Developers’ 1040 Avenue of the Americas. This series of leases, initiated since Q1 2024, includes new leases, expansions, extensions and relocations, resulting in 97% occupancy.
Valley Cottage, NY Rand Commercial has completed the sale of 400 Corporate Court, a 50,000+/-s/f building on 16.9+/-acres to Realterm for $11.8 million. Realterm owns and manages transportation real estate and infrastructure assets
Manhattan, NY Tishman Speyer negotiated five lease agreements totaling 129,500 s/f at The Spiral, its West Midtown office tower at 66 Hudson Blvd. HSBC Bank has agreed to expand its 20-year, U.S. headquarters lease at The Spiral to over 300,000 s/f, via a 35,400 s/f expansion
Manhattan, NY 3650 REIT (3650)has originated a $50 million loan to facilitate the completion of and upgrades to 1 Park Row, a 24-story condominium project located at the southern end of City Hall Park, on the border of Tribeca and the Financial District. The loan
Manhattan, NY The Durst Organization said that Allied Irish Banks PLC of New York (AIB) is relocating its New York City headquarters taking a full floor at 825 Third Avenue. The Irish bank will occupy 11,054 s/f on the 14
th floor of the newly renovated LEED Gold-certified
Manhattan, NY Fried Frank’s Real Estate Department is partnering with Project Destined, a leading social impact platform that provides students with training in financial literacy, entrepreneurship and real estate, to launch a multiweek, virtual program on September 10, 2024
Long Island City, NY According to The Domain Companies, LMXD, the VOREA Group, and Bridge Investment Group three new retail leases totaling about 7,600 s/f were signed at Jasper, a $370 million mixed-use development in Hunter’s Point. Along with the 13,800 s/f lease to Dumbo Market announced
Manhattan, NY Members of the Hudson Gateway Association of Realtors, (HGAR) and the New York State Association of Realtors (NYSAR) addressed the New York City Council, in opposition to City Council Bill Int. 360, which would prohibit real estate brokers and agents
strong>Manhattan, NY Savills has appointed Scott Vinett as vice chairman in its New York City office. Vinett brings over 20 years of experience in tenant and landlord representation to Savills.
“R&R” in the current investment property market doesn’t stand for “rest and relaxation” but rather “rates and regulations.” These factors are making it difficult to get an investment property sale across the finish line today.
