Category: Office

The great divide: Is Manhattan office real estate living in a temporary bubble? - by Joseph Aquino

The great divide: Is Manhattan office real estate living in a temporary bubble? - by Joseph Aquino

June 12, 2026
A recent Wall Street Journal article highlighted a growing trend across America: office buildings selling at discounts of 80%, 85%, and even 90% below their previous values. For many observers, these transactions confirm
Global Holdings completes $30 million transformative capital improvement program of 99 Park Ave.

Global Holdings completes $30 million transformative capital improvement program of 99 Park Ave.

June 11, 2026
Manhattan, NY Global Holdings completed its $30 million strategic repositioning of 99 Park Ave., a 600,000 s/f Class A office tower located steps from Grand Central Terminal. Designed in partnership with
Phillips of Largo Real Estate Advisors secures $6.1 million loan for two medical office buildings in Greater Buffalo

Phillips of Largo Real Estate Advisors secures $6.1 million loan for two medical office buildings in...

June 10, 2026
Williamsville, NY Jack Phillips of Largo Real Estate Advisors Inc. secured a $6.1 million permanent first mortgage loan to refinance two adjacent medical
The Malin signs long-term lease for entire floor at GFP Real Estate’s 10 Astor Place

The Malin signs long-term lease for entire floor at GFP Real Estate’s 10 Astor Place

June 10, 2026
Manhattan, NY GFP Real Estate said thatThe Malin, a hospitality-driven workspace operator, has signed a long-term lease for the entire fifth floor at 10
SL Green Realty sells 10 East 53rd St. for $312.2 million to Meadow Partners

SL Green Realty sells 10 East 53rd St. for $312.2 million to Meadow Partners

June 9, 2026
Manhattan, NY SL Green Realty Corp. has sold 10 East 53rd St. for total consideration of $312.2 million to Meadow Partners. The transaction, which is expected to close in the third quarter of 2026, subject to customary closing conditions, will generate net cash proceeds to the company of approximately $100 million that will be used for corporate debt repayment.
Grassi signs 41,000 s/f lease renewal at 50 Jericho Quadrangle

Grassi signs 41,000 s/f lease renewal at 50 Jericho Quadrangle

June 9, 2026
Jericho, NY Cushman & Wakefield arranged a 41,000 s/f office lease renewal on Long Island, marking the largest office recommitment signed in the market thus far in 2026. Grassi, a leading advisory, tax and
Industry City expands robotics ecosystem with 10,000 s/f of new leases

Industry City expands robotics ecosystem with 10,000 s/f of new leases

June 9, 2026
Brooklyn, NY Industry City (IC), the 35-acre mixed-use innovation campus in Sunset Park, closed 10,000 s/f of new leases with robotics and hard-tech companies Möbius Industries and Alquist Robotics, in
Avison Young arranges 12,456 s/f lease for W Magazine at 1 World Trade Center

Avison Young arranges 12,456 s/f lease for W Magazine at 1 World Trade Center

June 9, 2026
Manhattan, NY Avison Young secured a long-term lease for W Magazine at 1 World Trade Center. The company will occupy 12,456 s/f on the 46th floor for its
Koeppel Rosen arranges five new office leases totaling 15,474 s/f at 1261 Broadway

Koeppel Rosen arranges five new office leases totaling 15,474 s/f at 1261 Broadway

June 9, 2026
Manhattan, NY Koeppel Rosen LLC arranged five new office leases totaling 15,474 s/f at 1261 Bdwy., an 11-story building in the city’s Midtown South neighborhood.
The Feil Organization leases 8,320 s/f to Wave Sports & Entertainment

The Feil Organization leases 8,320 s/f to Wave Sports & Entertainment

June 9, 2026
Manhattan, NY The Feil Organization signed Wave Sports & Entertainment (Wave) to a long-term lease totaling 8,320 s/f at 145 W 30th St. Wave will occupy the entire
Olmstead Properties, Vertex complete acquisition of 19 West 44th St. in Midtown Manhattan

Olmstead Properties, Vertex complete acquisition of 19 West 44th St. in Midtown Manhattan

June 5, 2026
Manhattan, NY Olmstead Properties, in partnership with the investment platform Vertex, has acquired 19 West 44th Street, a 302,000 s/f office building located in Midtown,
Cushman & Wakefield arranges full-floor lease for Gallet Dreyer & Berkey LLP at 685 Third Ave. in Midtown

Cushman & Wakefield arranges full-floor lease for Gallet Dreyer & Berkey LLP at 685 Third Ave. in Mi...

June 2, 2026
Manhattan, NY Cushman & Wakefield arranged a new long-term, 14,000 s/f  office lease for Gallet Dreyer & Berkey LLP at 685 Third Ave. The law firm will occupy the entire 28th floor