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
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
Williamsville, NY Jack Phillips of Largo Real Estate Advisors Inc. secured a $6.1 million permanent first mortgage loan to refinance two adjacent medical
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
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.
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
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
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
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.
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
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,
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