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770 Broadway, where NYU and Vornado Realty Trust signed a master lease agreement this week.
News

This Week's N.Y. Deal Sheet: Vornado Signs NYU To $1.6B Lease

... in a hub focused on disease research and innovation involving artificial intelligence, biotechnology and quantum information sciences, it said in a release ...

May 06, 2025
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Data Center Projects: Top 3 Real Estate Due Diligence Factors To Consider
News

Data Center Projects: Top 3 Real Estate Due Diligence Factors To Consider

... by 2030.  Driven by increased data consumption and advancements in artificial intelligence, some of the world’s largest technology companies, such as ...

Apr 10, 2025
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Blackstone's Gray Says 'Office Has Bottomed,' Eyes 1.5M SF Manhattan Tower
News

Blackstone's Gray Says 'Office Has Bottomed,' Eyes 1.5M SF Manhattan Tower

... in light of news that Chinese startup DeepSeek has developed artificial intelligence models that require significantly less computing power than those developed ...

Jan 30, 2025
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A ChatGPT-generated image of the Puck Building in Manhattan with an OpenAI logo atop the landmark. OpenAI is opening its first NYC office in the property.
News

OpenAI To Open First NYC Office In Kushner-Owned Building

The company at the bleeding edge of the artificial intelligence revolution is opening up a large New York City office. ...

Oct 07, 2024
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How USL Helps CRE Landlords And Tenants Navigate NYC's Energy Regulations And Achieve Their Goals
News

How USL Helps CRE Landlords And Tenants Navigate NYC's Energy Regulations And Achieve Their Goals

... , indoor environmental quality and equipment performance, ensuring high accuracy. Using artificial intelligence and machine learning, the platform identifies performance patterns, predicts future ...

Sep 24, 2024
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Man pushing elevator button
News

A Mass Replacement Of Elevators Is Getting Underway

... used in Asia, can sync with delivery robots or use artificial intelligence and facial recognition to get customers to their floors without ...

Sep 02, 2024
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AI, Power Prices Push New York Data Centers Down A Unique Path
News

AI, Power Prices Push New York Data Centers Down A Unique Path

New York has yet to see the AI-driven explosion of data center development that has emerged in other top industry hubs, due in large part to the New York market’s high energy prices. AI will be a significant growth catalyst for data centers in New York, ...

Jul 28, 2024
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veeve ai shopping cart
News

Data And AI Are Reshaping How Retail Developers Understand Their Shoppers

As artificial intelligence becomes more accessible, the real estate industry is exploring how ...

Jul 26, 2024
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JB&B Senior Associate Daniel Davis, BioLabs at NYU Langone Director Glennis Mehra and Pearl River Labs Head of Operations Lugene Maher
News

Lab Tenants Hesitant To Lease As Surge Of Life Sciences Space Comes To Market

... an entrenchment, a very conservative outlook of their growth trajectory.” Artificial intelligence has also begun to impact companies’ footprints, especially as firms ...

May 01, 2024
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In The Lap Of Luxury: Discussing How To Navigate Hotel Deals At Bisnow’s April 18 Event
News

In The Lap Of Luxury: Discussing How To Navigate Hotel Deals At Bisnow’s April 18 Event

... and focusing on personalizing services for the hotel guest through artificial intelligence and the use of data analytics.  Bisnow: How do lawyers ...

Apr 09, 2024
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